Cap And Trade

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Making Climate Policy Work

Danny Cullenward,David G. Victor
Making Climate Policy Work Book PDF

Author : Danny Cullenward,David G. Victor
Publisher : John Wiley & Sons
Page : 256 pages
File Size : 40,7 Mb
Release : 2020-10-07
Category : Political Science
ISBN : 9781509544943

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Making Climate Policy Work by Danny Cullenward,David G. Victor Pdf

For decades, the world’s governments have struggled to move from talk to action on climate. Many now hope that growing public concern will lead to greater policy ambition, but the most widely promoted strategy to address the climate crisis – the use of market-based programs – hasn’t been working and isn’t ready to scale. Danny Cullenward and David Victor show how the politics of creating and maintaining market-based policies render them ineffective nearly everywhere they have been applied. Reforms can help around the margins, but markets’ problems are structural and won’t disappear with increasing demand for climate solutions. Facing that reality requires relying more heavily on smart regulation and industrial policy – government-led strategies – to catalyze the transformation that markets promise, but rarely deliver.

Carbon Tax and Cap-and-trade Tools

Nelson E. Burney
Carbon Tax and Cap and trade Tools Book PDF

Author : Nelson E. Burney
Publisher : Nova Science Publishers
Page : 0 pages
File Size : 49,9 Mb
Release : 2010
Category : Air quality management
ISBN : 1608761371

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Carbon Tax and Cap-and-trade Tools by Nelson E. Burney Pdf

Global climate change is one of the nation's most significant long-term policy challenges. Human activities are producing increasingly large quantities of greenhouse gases, particularly CO2. The accumulation of those gases in the atmosphere is expected to have potentially serious and costly effects on regional climates throughout the world. Market-based mechanisms that limit greenhouse gases (GHG) emissions can be divided into two types: quantity control (cap and trade) and price control (carbon tax or fee). If policymakers had perfect information regarding the market, either a carbon tax or cap-and-trade program instrument could be designed to achieve the same outcome. Because this market ideal does not exist, preference for a carbon tax or a cap-and-trade program ultimately depends on which variable one wants to control -- emissions or costs. Both are estimated to increase the price of fossil fuels, which would ultimately be borne by consumers, particularly households. This book explores the comprehensive comparison, viability and policy considerations of using either a carbon tax or a cap-and-trade program to offset greenhouse gas emissions. This book consists of public documents which have been located, gathered, combined, reformatted, and enhanced with a subject index, selectively edited and bound to provide easy access.

Carbon Markets in a Climate-Changing Capitalism

Gareth Bryant
Carbon Markets in a Climate Changing Capitalism Book PDF

Author : Gareth Bryant
Publisher : Cambridge University Press
Page : 195 pages
File Size : 50,7 Mb
Release : 2019-02-21
Category : Business & Economics
ISBN : 9781108421737

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Carbon Markets in a Climate-Changing Capitalism by Gareth Bryant Pdf

Explores what went wrong with global carbon markets and what this means for future climate change policy and capitalism.

Can We Price Carbon?

Barry G. Rabe
Can We Price Carbon Book PDF

Author : Barry G. Rabe
Publisher : MIT Press
Page : 377 pages
File Size : 41,5 Mb
Release : 2018-04-06
Category : Political Science
ISBN : 9780262535366

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Can We Price Carbon? by Barry G. Rabe Pdf

A political science analysis of the feasibility and sustainability of carbon pricing, drawing from North American, European, and Asian case studies. Climate change, economists generally agree, is best addressed by putting a price on the carbon content of fossil fuels—by taxing carbon, by cap-and-trade systems, or other methods. But what about the politics of carbon pricing? Do political realities render carbon pricing impracticable? In this book, Barry Rabe offers the first major political science analysis of the feasibility and sustainability of carbon pricing, drawing upon a series of real-world attempts to price carbon over the last two decades in North America, Europe, and Asia. Rabe asks whether these policies have proven politically viable and, if adopted, whether they survive political shifts and managerial challenges over time. The entire policy life cycle is examined, from adoption through advanced implementation, on a range of pricing policies including not only carbon taxes and cap-and-trade but also such alternative methods as taxing fossil fuel extraction. These case studies, Rabe argues, show that despite the considerable political difficulties, carbon pricing can be both feasible and durable.

Confronting the Climate Challenge

Lawrence Goulder,Marc Hafstead
Confronting the Climate Challenge Book PDF

Author : Lawrence Goulder,Marc Hafstead
Publisher : Columbia University Press
Page : 354 pages
File Size : 46,5 Mb
Release : 2017-12-26
Category : Political Science
ISBN : 9780231545938

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Confronting the Climate Challenge by Lawrence Goulder,Marc Hafstead Pdf

Without significant reductions of greenhouse gas emissions, climate change will cause substantial damage to the environment and the economy. The scope of the threat demands a close look at the policies capable of reducing the harm. Confronting the Climate Challenge presents a unique framework for evaluating the impacts of a range of U.S. climate-policy options, both for the economy overall and for particular household groups, industries, and regions. Lawrence Goulder and Marc Hafstead focus on four alternative approaches for reducing carbon dioxide emissions: a revenue-neutral carbon tax, a cap-and-trade program, a clean energy standard, and an increase in the federal gasoline tax. They demonstrate that these policies—if designed correctly—not only can achieve emissions reductions at low cost but also can avoid placing undesirable burdens on low-income household groups or especially vulnerable industries. Goulder and Hafstead apply a multiperiod, economy-wide general equilibrium model that is distinct in its attention to investment dynamics and to interactions between climate policy and the tax system. Exploiting the unique features of the model, they contrast the shorter- and longer-term policy impacts and focus on alternative ways of feeding back—or “recycling”—policy-generated revenues to the private sector. Their work shows how careful policy design, including the judicious use of policy-generated revenues, can achieve desired reductions in carbon dioxide emissions at low cost, avoid uneven impacts across household income groups, and prevent losses of profit in the most vulnerable U.S. industries. The urgency of the climate problem demands comprehensive action, and Confronting the Climate Challenge offers important insights that can help elevate policy discussions and spur needed efforts on the climate front.

The Case for a Carbon Tax

Shi-Ling Hsu
The Case for a Carbon Tax Book PDF

Author : Shi-Ling Hsu
Publisher : Island Press
Page : 248 pages
File Size : 41,7 Mb
Release : 2012-06-22
Category : Political Science
ISBN : 9781610911788

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The Case for a Carbon Tax by Shi-Ling Hsu Pdf

There's a simple, straightforward way to cut carbon emissions and prevent the most disastrous effects of climate change-and we're rejecting it because of irrational political fears. That's the central argument of The Case for a Carbon Tax, a clear-eyed, sophisticated analysis of climate change policy. Shi-Ling Hsu examines the four major approaches to curbing CO2: cap-and-trade; command and control regulation; government subsidies of alternative energy; and carbon taxes. Weighing the economic, social, administrative, and political merits of each, he demonstrates why a tax is currently the most effective policy. Hsu does not claim that a tax is the perfect or only solution-but that unlike the alternatives, it can be implemented immediately and paired effectively with other approaches. In fact, the only real barrier is psychological. While politicians can present subsidies and cap-and-trade as "win-win" solutions, the costs of a tax are immediately apparent. Hsu deftly explores the social and political factors that prevent us from embracing this commonsense approach. And he shows why we must get past our hang-ups if we are to avert a global crisis.

Global Carbon Pricing

Peter Cramton,David JC MacKay,Axel Ockenfels,Steven Stoft
Global Carbon Pricing Book PDF

Author : Peter Cramton,David JC MacKay,Axel Ockenfels,Steven Stoft
Publisher : MIT Press
Page : 268 pages
File Size : 41,7 Mb
Release : 2017-06-16
Category : Business & Economics
ISBN : 9780262340397

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Global Carbon Pricing by Peter Cramton,David JC MacKay,Axel Ockenfels,Steven Stoft Pdf

Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman

Tools of the Trade

Canada. Environment Canada,United States. Environmental Protection Agency
Tools of the Trade Book PDF

Author : Canada. Environment Canada,United States. Environmental Protection Agency
Publisher : Canadian Government Publishing
Page : 80 pages
File Size : 52,7 Mb
Release : 2005
Category : Air quality management
ISBN : MINN:31951D02472660P

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Tools of the Trade by Canada. Environment Canada,United States. Environmental Protection Agency Pdf

"This guidebook is intended as a reference for policymakers and regulators considering cap and trade as a policy tool to control pollution. It is intended to be sufficiently generic to apply to various pollutants and environmental concerns; however, it emphasizes cap and trade to control emissions produced from stationary source combustion."--Page 1-1, Introduction.

Environmental Commodities Markets and Emissions Trading

Blas Luis Pérez Henríquez
Environmental Commodities Markets and Emissions Trading Book PDF

Author : Blas Luis Pérez Henríquez
Publisher : Routledge
Page : 298 pages
File Size : 47,5 Mb
Release : 2013
Category : Business & Economics
ISBN : 9781617260940

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Environmental Commodities Markets and Emissions Trading by Blas Luis Pérez Henríquez Pdf

Market-based solutions to environmental problems offer great promise, but require complex public policies that take into account the many institutional factors necessary for the market to work and that guard against the social forces that can derail good public policies. Using insights about markets from the new institutional economics, this book sheds light on the institutional history of the emissions trading concept as it has evolved across different contexts. It makes accessible the policy design and practical implementation aspects of a key tool for fighting climate change: emissions trading systems (ETS) for environmental control. Blas Luis Pérez Henríquez analyzes past market-based environmental programs to extract lessons for the future of ETS. He follows the development of the emissions trading concept as it evolved in the United States and was later applied in the multinational European Emissions Trading System and in sub-national programs in the United States such as the Regional Greenhouse Gas Initiative (RGGI) and California's ETS. This ex-post evaluation of an ETS as it evolves in real time in the real world provides a valuable supplement to what is already known from theoretical arguments and simulation studies about the advantages and disadvantages of the market strategy. Political cycles and political debate over the use of markets for environmental control make any form of climate policy extremely contentious. Pérez Henríquez argues that, despite ideological disagreements, the ETS approach, or, more popularly, 'cap-and-trade' policy design, remains the best hope for a cost-effective policy to reduce GHG emissions around the world.

Emissions Trading as a Policy Instrument

Marc Gronwald,Beat Hintermann
Emissions Trading as a Policy Instrument Book PDF

Author : Marc Gronwald,Beat Hintermann
Publisher : MIT Press
Page : 299 pages
File Size : 43,8 Mb
Release : 2015-07-10
Category : Business & Economics
ISBN : 9780262029285

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Emissions Trading as a Policy Instrument by Marc Gronwald,Beat Hintermann Pdf

Emissions 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.--

Paying for Pollution

Gilbert E. Metcalf
Paying for Pollution Book PDF

Author : Gilbert E. Metcalf
Publisher : Oxford University Press, USA
Page : 201 pages
File Size : 53,8 Mb
Release : 2019-01-10
Category : Business & Economics
ISBN : 9780190694197

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Paying for Pollution by Gilbert E. Metcalf Pdf

Climate change : what's the big deal? -- Business as usual : what are the costs? -- Why do economists like a carbon tax? -- Isn't there a better way? (No, there isn't) -- Cap and trade : the other way to price pollution -- What to do with $200 billion : give it back -- So you want a carbon tax : how do you design it? -- Objections to a carbon tax -- Enacting a carbon tax: how do we get there? -- Afterword : what next? -- References -- Notes

The Citizen's Guide to Climate Success

Mark Jaccard
The Citizen s Guide to Climate Success Book PDF

Author : Mark Jaccard
Publisher : Cambridge University Press
Page : 307 pages
File Size : 48,9 Mb
Release : 2020-02-06
Category : Business & Economics
ISBN : 9781108479370

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The Citizen's Guide to Climate Success by Mark Jaccard Pdf

Shows readers how we can all help solve the climate crisis by focusing on a few key, achievable actions.

Passions

James M. Gabler
Passions Book PDF

Author : James M. Gabler
Publisher : Bacchus Press Ltd.
Page : 344 pages
File Size : 44,9 Mb
Release : 1995
Category : Biography & Autobiography
ISBN : 0961352531

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Passions by James M. Gabler Pdf

This is a biography of Thomas Jefferson at leisure, enjoying two of his passions--wine and travel. Twelve of the sixteen chapters cover Jefferson's five years in France where he served as our minister and traveled through France, England, Germany, Italy and Holland. "Passions" was selected by Robert M. Parker, Jr. as "1995 Wine Book of the Year," and was the winner of the 1995 "Veuve Clicquot Wine Book of the Year" competition. It is a marvelous account of America's first wine connoisseur and gourmet.--Amazon.com.

Governing the Climate-Energy Nexus

Fariborz Zelli,Karin Bäckstrand,Naghmeh Nasiritousi,Jakob Skovgaard,Oscar Widerberg
Governing the Climate Energy Nexus Book PDF

Author : Fariborz Zelli,Karin Bäckstrand,Naghmeh Nasiritousi,Jakob Skovgaard,Oscar Widerberg
Publisher : Cambridge University Press
Page : 293 pages
File Size : 45,7 Mb
Release : 2020-07-16
Category : Business & Economics
ISBN : 9781108484817

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Governing the Climate-Energy Nexus by Fariborz Zelli,Karin Bäckstrand,Naghmeh Nasiritousi,Jakob Skovgaard,Oscar Widerberg Pdf

Analysing 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.

Reduce Carbon Compliance Costs:

Mike Taylor
Reduce Carbon Compliance Costs Book PDF

Author : Mike Taylor
Publisher : Createspace Independent Publishing Platform
Page : 108 pages
File Size : 40,9 Mb
Release : 2018-09-14
Category : Electronic
ISBN : 1726032981

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Reduce Carbon Compliance Costs: by Mike Taylor Pdf

Reduce Carbon Compliance CostsStrategies for California and Quebec facilities to reduce their compliance cost in the Carbon Cap and Trade Program. I have been tracking, trading, brokering and consulting in the environmental credit markets almost two decades in the United States and Canada. The California and Quebec carbon cap and trade program is by far the most complex system that exists for an environmental credit trading program. The target audience for this book is the environmental professionals or the procurement professionals who are managing the carbon cap and trade compliance for their facilities in California and Quebec. I am writing this book to provide a good overview of the program as well as to share some of the cost-cutting compliance strategies I have developed and deploy with my clients. From 2013 onwards, the Carbon Cap and Trade has added millions of dollars of cost to the many facilities located in California and Quebec that emit more than 25,000 tons of CO2e per year. The rules are complex and change almost yearly. Environmental professionals at these facilities already had a full-time job complying with all the other existing environmental regulations for their facilities before these carbon cap and trade programs were thrust upon them. Now they must also deal with coming to understand more than 400 pages of regulation in California and 117 pages in Quebec. This is a daunting task, to say the least. It is extremely difficult for an environmental professional to become an expert on all existing regulations, keep track of and analyze future potential regulation changes, track the trading market, become an expert on all the trading structures available in the evolving market, recommend the best trading strategies, and then execute the trades. This book will assist the environmental professionals and procurement professionals by providing an overview of the key elements of the carbon cap and trade regulations. In these pages you will find real-life trading strategies that will reduce the cost of compliance and, depending on the size of your facility, the savings could shave millions of dollars off your compliance costs which adds directly to the bottom line of the company's profitability.