Linking certificate trading schemes for greenhouse gas emissions, renewable energy and energy efficiency
Linking certificate trading schemes for greenhouse gas emissions, renewable energy and energy efficiency

Author: Gudrun Senk

Publisher: GRIN Verlag

Published: 2010-02-08

Total Pages: 112

ISBN-13: 3640531248

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Diploma Thesis from the year 2008 in the subject Environmental Sciences, grade: 1, University of Applied Sciences Burgenland (Nachhaltige Energiesysteme), language: English, abstract: Climate Change is real, and the impacts on ecology, economy and human lifestyle are expected to be tremendous. In order to effectively but also cost efficiently combat climate change, market based instruments are being used in environmental policy. Certificate schemes have been and are being created for trading of greenhouse gas reductions (Grey Certificates), renewable energy (Green Certificates) and energy efficiency (White Certificates). So far, Europe is the frontrunner in implementing especially Greenhouse Gas emission trading schemes. However, as climate change is a global problem, similar markets should be established all over the world and ideally be linked in order to achieve economic optimal solutions. This thesis describes characteristics of the different instruments and trading schemes (Grey, Green and White Certificates) and identifies major design parameters of the systems with the focus on compatibility and potential for establishing links between schemes of the same type or among the certificate types. Implications of establishing links, which can be planned and wanted but also conflicting with other goals, are discussed. As greenhouse gas emissions trading schemes are the most developed and experienced trading schemes in climate change policy, the focus of this work lies on the analysis of the different Greenhouse Gas emission trading schemes (ETS). For the compatibility analysis of ETS, the EU ETS is chosen as reference system. An outlook for near-term linking options and a summary conclude the analysis based on the findings of the work. As more and more environmental policies and instruments emerge around the world due to rising awareness for the problem of climate change, this thesis gives an overview but can not cover all different certificate systems in place and planned.

The Greenhouse Gas Protocol
The Greenhouse Gas Protocol

Author:

Publisher: World Business Pub.

Published: 2004

Total Pages: 0

ISBN-13: 9781569735688

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The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.

Renewable Energy Sources and Climate Change Mitigation
Renewable Energy Sources and Climate Change Mitigation

Author: Ottmar Edenhofer

Publisher: Cambridge University Press

Published: 2011-11-21

Total Pages: 1088

ISBN-13: 9781107607101

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This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies, and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector, and academic researchers.

Guide to Purchasing Green Power
Guide to Purchasing Green Power

Author:

Publisher: Environmental Protection Agency

Published: 2004

Total Pages: 52

ISBN-13:

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"This guide can be downloaded from: www.eere.energy.gov/femp/technologies/renewable%5Fpurchasepower.cfm, www.epa.gov/greenpower/buygreenpower.htm, www.thegreenpowergroup.org/publications.html, www.resource-solutions.org."--Verso. t.p.

Emissions Trading Schemes and Their Linking
Emissions Trading Schemes and Their Linking

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-04-01

Total Pages: 114

ISBN-13: 929257373X

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Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and therefore must play its part in cutting GHG emissions. The Paris Agreement adopted last December 2015 at the United Nations Framework Convention on Climate Change COP21 aims to restrict global warming to well below 2°C above preindustrial levels and to pursue efforts to reach 1.5°C---which is especially relevant to Asia and the Pacific region given its vulnerability. This knowledge product highlights how robust policies on emissions trading systems (ETS) can be important tools in reducing GHG emissions in a cost-effective manner, as well as supporting the mobilization of finance together with deployment of innovative technologies. There are currently 17 ETSs in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there are 11 systems operating, with more being planned. The growing wealth of experience on ETSs can be valuable to support DMCs that are planning and designing new systems of their own. This knowledge product summarizes some of the most significant learning experiences to date and discusses some of the solutions to alleviate challenges that have been faced. It also examines the possibilities for future linked carbon markets in the region.

Linking of Emissions Trading Schemes
Linking of Emissions Trading Schemes

Author: Matthias Machinek

Publisher: Springer Nature

Published: 2022-02-01

Total Pages: 192

ISBN-13: 3658366672

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Anthropogenic Climate Change is one of the biggest challenges of the 21st century and receives more and more international awareness. The central instruments to counter climate change are emissions trading schemes (ETS) to cover GHG emissions. To increase efficiency and to ensure global reduction of emissions damaging to the climate, an international emissions trading scheme would be a rational choice. To establish such a global scheme, political decision makers could follow a bottom-up-approach by linking already existing ETS with each other. The book investigates such linkings of emissions trading schemes, which provide many benefits for the linking partners. As experience shows, although the number of schemes increased in the last decade, only a few linkings were established. Thus, the book answers the question, if and which conditions for states exist to link their emissions trading schemes. .

Generating Electricity in a Carbon-Constrained World
Generating Electricity in a Carbon-Constrained World

Author: Fereidoon Sioshansi

Publisher: Academic Press

Published: 2009-10-21

Total Pages: 633

ISBN-13: 0080889719

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The electric power sector is what keeps modern economies going, and historically, fossil fuels provided the bulk of the energy need to generate electricity, with coal a dominant player in many parts of the world. Now with growing concerns about global climate change, this historical dependence on fossil-fuels, especially those rich in carbon, are being questioned. Examining the implications of the industry's future in a carbon-constrained world, a distinct reality, is the subject of this book. Containing contributions from renowned scholars and academics from around the world, this book explores the various energy production options available to power companies in a carbon-constrained world. The three part treatment starts with a clear and rigorous exposition of the short term options including Clean Coal and Carbon Capture and Sequestration Technology, Coal, and Emission trading. Renewable energy options such as Nuclear Energy, Wind power, Solar power, Hydro-electric, and Geothermal energy are clearly explained along with their trade-offs and uncertainties inherent in evaluating and choosing different energy options and provides a framework for assessing policy solutions. This is followed by self-contained chapters of case-studies from all over the world. Other topics discussed in the book are Creating markets for tradable permits in the emerging carbon era, Global Action on Climate Change, The Impossibility of Staunching World CO2 Emissions and Energy efficiency. - Clearly explains short term and long term options - Contributions from renowned scholars and academics from around the world - Case-studies from all over the world

Managing Climate Risk in the U.S. Financial System
Managing Climate Risk in the U.S. Financial System

Author: Leonardo Martinez-Diaz

Publisher: U.S. Commodity Futures Trading Commission

Published: 2020-09-09

Total Pages: 196

ISBN-13: 057874841X

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This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Informing an Effective Response to Climate Change
Informing an Effective Response to Climate Change

Author: National Research Council

Publisher: National Academies Press

Published: 2010-12-07

Total Pages: 347

ISBN-13: 0309185319

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Global climate change is one of America's most significant long-term policy challenges. Human activity-especially the use of fossil fuels, industrial processes, livestock production, waste disposal, and land use change-is affecting global average temperatures, snow and ice cover, sea-level, ocean acidity, growing seasons and precipitation patterns, ecosystems, and human health. Climate-related decisions are being carried out by almost every agency of the federal government, as well as many state and local government leaders and agencies, businesses and individual citizens. Decision makers must contend with the availability and quality of information, the efficacy of proposed solutions, the unanticipated consequences resulting from decisions, the challenge of implementing chosen actions, and must consider how to sustain the action over time and respond to new information. Informing an Effective Response to Climate Change, a volume in the America's Climate Choices series, describes and assesses different activities, products, strategies, and tools for informing decision makers about climate change and helping them plan and execute effective, integrated responses. It discusses who is making decisions (on the local, state, and national levels), who should be providing information to make decisions, and how that information should be provided. It covers all levels of decision making, including international, state, and individual decision making. While most existing research has focused on the physical aspect of climate change, Informing an Effective Response to Climate Change employs theory and case study to describe the efforts undertaken so far, and to guide the development of future decision-making resources. Informing an Effective Response to Climate Change offers much-needed guidance to those creating public policy and assists in implementing that policy. The information presented in this book will be invaluable to the research community, especially social scientists studying climate change; practitioners of decision-making assistance, including advocacy organizations, non-profits, and government agencies; and college-level teachers and students.