Just for the general public's information, the large emitters are given a baseline for their emissions. If they produce fewer emissions than that baseline, they have some credits, and if they produce more, then they have to pay more. That is the output-based pricing system.
What is the reason we have this system for our large-emitter companies or that big companies around the world or within countries all have this system? Is it because it's a way for them to stay competitive? Why is there this particular type of system for large emitters?