Before revision:  My proposed market trades contracts tied to temperature in a double-sided auction  of emissions permits and sequestration contracts . Unlike existing ETSs, the mechanism has a consistent timescale and metric tied to warming, with explicit limits on global temperature in every period into the far future .
After revision:  My proposed market trades contracts tied to temperature in a double-sided auction mechanism of emissions permits and sequestration contracts . Unlike existing ETSs, the mechanism has a consistent timescale and metric tied to warming, with explicit limits on global temperature in every period into the far future .