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Studies of voluntary carbon trading almost exclusively assume the additionality baselines are set by regulators who have either entirely perfect or imperfect information about the costs and emissions of projects. In practice, regulators are often less informed than project proponents; therefore, the baselines are more likely to be privately defined even for sectoral crediting. The primary concern...
We explore the factors that affect the development of renewable energy in the Caribbean. The Caribbean region can serve as a laboratory in studying the institutional issues relating to energy development due to the differences in political jurisdictions over a short distance. Based on 12 case studies and 75 in-depth interviews with a variety of stakeholders, we identified five factors that appear...
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