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External environment (2) (Climate change- key findings from IPCC Report…
External environment (2)
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Emissions trading
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Permits are sold or are equal to historical emissions for each polluter. A participant can use its permits exactly, or emit less and sell the excess permits, or emit more and buy permits from other polluters.
In some schemes, other organisations may also trade permits and financial derivatives of permits, creating a wider market.
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Technological influences
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Insurance companies increasingly using websites to capture customer enquiries and register claims and administration
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