Category: Environmental
Strength: Significant
Area of Effect: All Businesses
DEFINING the following terms:
- Pollutants are contaminants that when introduced into the environment can cause adverse negative change to it.
- Global Warming Potential (GWP) is the measure by which pollutants will be assessed and regulated. 1 Global Warming Potential point which will be the basis for pollution rights is equal to the emissions given off a single ton of Carbon Dioxide.
CREATING the Center for Pollution Control, to deal with the regulation of pollutants in the environment.
ASSIGNING the Center for Pollution Control with the duties of:
- Keeping an up to date database of all pollutants in the known universe
- Assigning each of the pollutants with a global warming potential, using Carbon Dioxide as a base with a GWP of 1, on a yearly basis.
- Assigning each company and country with a certain amount of pollution rights as to best decrease emissions over a large time scale
- Each pollution right will be equal to 1 Global Warming Potential, in other words the emissions given out by one ton of Carbon Dioxide in a given year.
- Each company will be assigned a certain amount of pollution rights for which they can pollute the surrounding area with whatever pollutants they can legally release into said area.
- Pollution Rights will be assigned by basis of expected need as calculated by the Committee for Pollution Control for each company.
- Each company has the ability to sell their excess pollution rights to another company whose source of pollution is within 150 miles of the first if they are able to decrease their pollution during a given year.
- Any company can buy the pollution rights from another company so long as the sources of pollution are within 150 miles of each other
- Any company found to be polluting more than their given pollution rights allow will be charged 5 times the market value of said pollution rights that would have been needed to cover said pollution. A companies number of pollution rights must be equal to or greater than the combined global warming potential let out into the environment.