Emissions Trading Schemes and Their Linking
Author: Asian Development Bank
Publisher:
Published: 2016
Total Pages: 102
ISBN-13: 9789292573720
DOWNLOAD EBOOK"Publication Stock No. RPT167931-2"--Verso of title page.
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Linking the European Union Emissions Trading System
Author: Charlotte Unger
Publisher: Routledge
Published: 2021-01-26
Total Pages: 132
ISBN-13: 1000372448
DOWNLOAD EBOOKThis book focuses on the linking of the European Union Emissions Trading System (EU ETS) with other independent regional ETS. While rich practical and academic research has evolved on the economic and technical side of ETS linking, political drivers and barriers have so far been underrepresented in this debate. Filling this lacuna and based on international relations theory, existing research and qualitative fieldwork, this book introduces the range of political conditions that influence linking, such as political leadership and stakeholder activity. Specifically, it analyzes which of these aspects have played a role in three different linking activities of the EU: (1) a failed linking attempt: EU ETS–California Cap-and-Trade Program; (2) a successful linking treaty: EU ETS–Switzerland Emissions Trading System; and (3) an agreed-upon but not realized link: EU ETS–Australia Carbon Pricing Mechanism. Through an interrogation of these examples, Dr. Unger concludes that it is not only the technical challenges or the overall economic benefit but rather domestic interests, structural aspects, and external international political developments that have jointly dominated linking activities, especially those in which the EU takes part. This book will be of great interest to scholars and policy-makers working in climate policy and EU environmental politics.
Emissions Trading as a Policy Instrument
Author: Marc Gronwald
Publisher: MIT Press
Published: 2015-07-10
Total Pages: 299
ISBN-13: 0262029286
DOWNLOAD EBOOKEmissions trading schemes figure prominently among policy instruments used to tackle the problem of climate change, and the European Union Emissions Trading Scheme (EU ETS), begun in 2005, is the largest cap-and-trade market so far established. In the EU ETS, firms regulated by the scheme are provided with emissions allowances (each a one-time right to emit one ton of greenhouse gases) and can sell their unused allowances to firms that have higher rates of emissions. In this volume, leading economists offer empirical and theoretical perspectives on the early phases of the EU ETS implementation. The contributors discuss the features of the EU ETS market; and regulatory uncertainty stemming from rule changes; the political economy context of the trading scheme, including allowance allocation and the influence of lobbying on abatement decisions; the coexistence of such overlapping instruments for climate policy as pricing and taxation; the relationship between spot and futures markets for allowances, and firms' responses to various features of the EU ETS, including fluctuating allowance prices, free allocation, and links to the Kyoto process. They show that, although the basic theory behind emissions permit markets is straightforward, design features, market structure, and interactions with other policy instruments can influence the efficiency of the scheme.--
HC 739 - Linking Emissions Trading Systems
Author: Great Britain. Parliament. House of Commons. Energy and Climate Change Committee
Publisher: The Stationery Office
Published: 2015
Total Pages: 48
ISBN-13: 0215081544
DOWNLOAD EBOOKCarbon pricing is a necessary element in spurring climate change mitigation action. In this report it's argued that emissions trading, as an established and well recognised policy instrument for controlling greenhouse gas emissions, is increasingly popular and spreading around the world. As they develop, emissions trading systems should be designed so that they are compatible with each other. Aligning design elements early on will help improve the prospects of linking different systems in future and, therefore, maximise opportunities for cost-effective emissions reductions. As the world's oldest and largest market, the EU Emission Trading System will play a critical role in facilitating linking between different markets. Before it can do this, however, it must be seen as a credible market. The issue of surplus allowances must be addressed urgently and there should be moves to remove these from the system as soon as possible. Any new climate agreement must crucially allow parties to meet their Intended Nationally Determined Contribution's (INDCs) by transferring parts of their contributions to other parties and financing emissions reduction activities in other countries. The use of carbon markets will greatly improve the prospects of keeping global average temperatures below 2êC. Any agreement reached at the UNFCCC COP 21 in Paris at the end of 2015 should promote the use of carbon markets and facilitate the future linking of emissions trading systems. The UNFCCC could also play a critical role in providing basic standards including monitoring, reporting and verification.
Emissions Trading
Author: Thomas H. Tietenberg
Publisher: Routledge
Published: 2010-09-30
Total Pages: 249
ISBN-13: 113652620X
DOWNLOAD EBOOKFirst published in 1985, Emissions Trading was a comprehensive review of the first large-scale attempt to use economic incentives in environmental policy in the U.S. and of the empirical and theoretical research on which this approach is based. Since its publication it has consistently been one of the most widely cited works in the tradable permits literature. The second edition of this classic study of pollution reform considers how the use of transferable permits to control pollution has evolved, looks at how these programs have been implemented in the U.S. and internationally, and offers an objective evaluation of the resulting successes, failures, and lessons learned over the last twenty-five years.
Emissions Trading Design
Author: Stefan E. Weishaar
Publisher: Edward Elgar Publishing
Published: 2014-02-28
Total Pages: 269
ISBN-13: 1781952221
DOWNLOAD EBOOKEmissions trading is becoming an increasingly popular policy instrument with growing diversity in design. This book examines emissions trading design, emissions trading implementation problems and how to address them. In an easily accessible way
Pricing Carbon
Author: A. Denny Ellerman
Publisher:
Published: 2014-05-14
Total Pages: 392
ISBN-13: 9781139042017
DOWNLOAD EBOOKThe first detailed description and analysis of the European Union Emissions Trading Scheme.
Emissions Trading for Climate Policy
Author: Bernd Hansjürgens
Publisher: Cambridge University Press
Published: 2005-07-28
Total Pages: 261
ISBN-13: 1139446371
DOWNLOAD EBOOKThe 1997 Kyoto Conference introduced emissions trading as a policy instrument for climate protection. Bringing together scholars in the fields of economics, political science and law, this book, which was originally published in 2005, provides a description, analysis and evaluation of different aspects of emissions trading as an instrument to control greenhouse gases. The authors analyse theoretical aspects of regulatory instruments for climate policy, provide an overview of US experience with market-based instruments, draw lessons from trading schemes for the control of greenhouse gases, and discuss options for emissions trading in climate policy. They also highlight the background of climate policy and instrument choice in the US and Europe and the foundation of systems in Europe, particularly the EU's directive for a CO2 emissions trading system.
Carbon Markets in a Climate-Changing Capitalism
Author: Gareth Bryant
Publisher: Cambridge University Press
Published: 2019-02-21
Total Pages: 195
ISBN-13: 1108386229
DOWNLOAD EBOOKThe promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global carbon markets. And yet governments around the world remain committed to market-based solutions to bring down greenhouse gas emissions. This book discusses what went wrong with the marketisation of climate change and what this means for the future of action on climate change. The book explores the co-production of capitalism and climate change by developing new understandings of relationships between the appropriation, commodification and capitalisation of nature. The book reveals contradictions in carbon markets for addressing climate change as a socio-ecological, economic and political crisis, and points towards more targeted and democratic policies to combat climate change. This book will appeal to students, researchers, policy makers and campaigners who are interested in climate change and climate policy, and the political economy of capitalism and the environment.
Governing the Climate-Energy Nexus
Author: Fariborz Zelli
Publisher: Cambridge University Press
Published: 2020-07-16
Total Pages: 293
ISBN-13: 1108484816
DOWNLOAD EBOOKAnalysing the interactions between institutions in the climate change and energy nexus, including the consequences for their legitimacy and effectiveness. Prominent researchers from political science and international relations compare three policy domains: renewable energy, fossil fuel subsidy reform, and carbon pricing. This title is also available as Open Access on Cambridge Core.
