Climate Change And European Emissions Trading

Author : Michael G. Faure,Marjan Peeters
Publisher : Edward Elgar Publishing
Page : 425 pages
File Size : 40,6 Mb
Release : 2008
Category : Business & Economics
ISBN : 9781848446038

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Climate Change and European Emissions Trading by Michael G. Faure,Marjan Peeters Pdf

A collection of twelve superbly written contributions by leading researchers and scientists on greenhouse gas emissions trading by members of the European Union, as well as alternatives and new developments in this specialized area of global warming and reduction related commercial exchange. . . a seminal and strongly recommended work of particular relevance and value for both academic and governmental reference library collections on international environmental studies. Midwest Book Review This timely book focuses on the EU-wide greenhouse gas emissions trading scheme for major sources. It combines legal and economic approaches and reviews the major revision of this scheme. A distinguished range of authors assess the experiences thus far and also consider future development from both theoretical and practical perspectives. They also discuss many design options, including auctioning, credit and trade, the inclusion of aviation emissions, and linking possibilities. Moreover, attention is paid to the role of legal principles, the role of case law, and to aspects of democratic accountability within an emissions trading scheme. Ways to avoid carbon leakage and the role of national climate policies are also discussed. This book makes clear that the economic efficiency and effectiveness of an emissions trading scheme depend to a large extent on the specific legislative choices, and hence the legislative design of such a scheme deserves meticulous attention. Discussing legal and economic aspects of emissions trading, this book offers new insights to academics and policy makers both in the public and private sector. Those insights are not only relevant for understanding the past, but moreover for guiding the future design of emissions trading for greenhouse gases.

Author : Larry Parker
Publisher : DIANE Publishing
Page : 22 pages
File Size : 51,7 Mb
Release : 2011
Category : Science
ISBN : 9781437929355

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Climate Change and the EU Emissions Trading Scheme (ETS) by Larry Parker Pdf

This is a print on demand edition of a hard to find publication. The European Union¿s (EU) ETS is a cornerstone of the EU¿s efforts to meet its obligation under the Kyoto Protocol. It covers more than 10,000 energy intensive facilities across the 27 EU Member countries. A ¿Phase 1¿ trading period began 1/1/05. A second, Phase 2, trading period began in 2008. A Phase 3 will begin in 2013 designed to reduce emissions by 21% from 2005 levels. Contents of this report: (1) Overview; (2) Results from Phase 1 and 2; (3) Phase 3: Auctions; New Entrant Reserves; Decision on Eligible Industries; Flexibility Mechanisms and Price Volatility Control; Expanding Coverage; (4) U.S. Cap-and-Trade Proposals: Emission Inventories and Target Setting; Coverage; Allocation Schemes; Flexibility and Price Volatility. Illustrations.

Author : Bernd Hansjürgens
Publisher : Cambridge University Press
Page : 261 pages
File Size : 49,8 Mb
Release : 2005-07-28
Category : Business & Economics
ISBN : 9781139446372

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Emissions Trading for Climate Policy by Bernd Hansjürgens Pdf

The 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.

Author : A. Denny Ellerman,Barbara K. Buchner,Carlo Carraro
Publisher : Cambridge University Press
Page : 36 pages
File Size : 40,5 Mb
Release : 2007-06-07
Category : Business & Economics
ISBN : 9781139465106

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Allocation in the European Emissions Trading Scheme by A. Denny Ellerman,Barbara K. Buchner,Carlo Carraro Pdf

A critical issue in dealing with climate change is deciding who has a right to emit carbon dioxide. Allocation in the European Emissions Trading Scheme provided the first in-depth description and analysis of the process by which rights to emit carbon dioxide were created and distributed in the European Union. This was the world's first large-scale experiment with an emission trading system for carbon dioxide and was likely to be copied by others if there was to be a global regime for limiting greenhouse gas emissions. The book comprises contributions from those responsible for putting the allocation into practice in ten representative member states and at the European Commission. The problems encountered in this process, the solutions found, and the choices they made, will be of interest to all who are concerned with climate policy and the use of emissions trading to combat climate change.

Author : Jon Birger Skjærseth,Jørgen Wettestad
Publisher : Routledge
Page : 230 pages
File Size : 40,8 Mb
Release : 2016-04-22
Category : Political Science
ISBN : 9781317140351

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EU Emissions Trading by Jon Birger Skjærseth,Jørgen Wettestad Pdf

The EU Emissions Trading Scheme (EU ETS) has been characterized as one of the most far-reaching and radical environmental policies for many years. Given the EU's earlier resistance to this market-based and US-flavoured programme, the development and implementation of the EU ETS has been rapid. This novel approach to environmental regulation has the potential to affect not only greenhouse gas emissions in the EU, but also international strategies for climate change protection. This book investigates the origins, evolution and consequences of the EU ETS and offers significant contributions to the literatures on climate policy and EU policy making.

Author : Anonim
Publisher : Unknown
Page : 28 pages
File Size : 48,8 Mb
Release : 2008
Category : Carbon dioxide mitigation
ISBN : MINN:31951D02874485F

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EU Action Against Climate Change by Anonim Pdf

Author : Stefano Clò
Publisher : Edward Elgar Publishing
Page : 201 pages
File Size : 52,7 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780857934437

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European Emissions Trading in Practice by Stefano Clò Pdf

'Emission markets are crucial both to provide the right incentives to reduce GHG emissions and to fund investments necessary for a transition to a low carbon world. Emission markets however cannot achieve these objectives if inappropriately designed. This book is a novel and fresh attempt to look at the real functioning of the EU Emission Trading Scheme and to assess its effectiveness and inconsistencies, its positive and negative impacts on industrial and financial markets. With the overall objective to improve its design and performance.' Carlo Carraro, University of Venice, Italy '. . . this important book has the great achievement of addressing a complicated and socially highly debated issue of how society could be given optimal incentives for emission reductions from a legal and economic perspective. Moreover, it not only addresses the various issues from a theoretical perspective, but provides important empirical evidence on the working of emissions trading as well. The book will undoubtedly have important lessons not only at the theoretical level, but also for policy makers interested in improving the effectiveness of emission trading schemes.' From the foreword by Michael Faure This unique and up-to-date book analyses the functioning of the European Emissions Trading Scheme (ETS) and assesses the extent to which relevant legislation has affected its capacity to promote cost-effective reduction of European carbon emissions. The author investigates whether inefficiency has been caused by both the ETS cap setting procedure and by the ETS relevant allocation rule, as defined by Directive 2003/87/EC. He then considers whether the new Directive 2009/29/EC, which reforms the ETS institutional design, is likely to improve the scheme's effectiveness by reducing the risk of carbon leakage which could potentially be a consequence of implementing a unilateral policy across the asymmetric political landscape of Europe. This well-documented book will appeal to researchers and postgraduate students in environmental law and environmental economics, as well as policymakers within environment, industry and economics, and electric and industrial operators and stakeholders. Environmental NGOs, energy and environmental consulting groups, members of the European Commission, and energy and environmental think-tanks will also find much to interest them in this insightful book.

Author : Jonathan Robinson
Publisher : Cameron May
Page : 928 pages
File Size : 51,6 Mb
Release : 2007
Category : Climatic changes
ISBN : 9781905017355

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Climate Change Law by Jonathan Robinson Pdf

This book is the first comprehensive analysis of the regulatory framework for carbon trading in Europe. It brings together in one volume the first full legal analysis of EU and UK law relating to the EU emissions trading scheme, and all the legislative materials necessary to understand this innovative and complex area of environmental law. It is an essential companion for any professional advising on carbon trading in the UK or EU and a user-friendly reference tool for lawyers, carbon traders, and those working in regulated industries and financial institutions with an interest in carbon finance. It also provides an invaluable set of materials and lessons learned for policy makers and industry in jurisdictions where carbon trading are under development and for those with an interest in the use of market-based mechanisms to address other environmental problems.

Author : Stefan E. Weishaar
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 49,6 Mb
Release : 2014-02-28
Category : Business & Economics
ISBN : 9781781952221

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Emissions Trading Design by Stefan E. Weishaar Pdf

Emissions 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

Author : Christian Egenhofer
Publisher : CEPS
Page : 29 pages
File Size : 53,9 Mb
Release : 2004
Category : Climatic changes
ISBN : 9789290794783

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Completion of the EU Emissions Trading Scheme in the Emerging Global Climate Regime by Christian Egenhofer Pdf

Author : Sonja Butzengeiger
Publisher : Routledge
Page : 163 pages
File Size : 52,5 Mb
Release : 2018-12-07
Category : Political Science
ISBN : 9781134034819

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The EU Emissions Trading Scheme by Sonja Butzengeiger Pdf

This special issue of the Climate Policy journal outlines the fundamentals of the new European Emissions Trading Scheme (EU ETS), assesses the strategies for and impact of implementation and highlights the scheme's potential, including positive aspects and remaining hurdles. The EU Emission Trading Scheme (EU ETS) is the first international trading scheme for CO2 in the world. Its aim is to reduce the cost of compliance to existing targets under the Kyoto Protocol. From 1st January 2005, companies in high-energy sectors covered by the scheme must limit their CO2 emissions to allocated levels, arranged in two periods: from 2005-2007 and 2008-2012 (to match the first Kyoto commitment period). In practice, the scheme is likely to cover over 12,000 installations across the European Union, corresponding to approximately 46% of the total EU CO2 emissions. The EU ETS represents a significant development in working at an international level to combat dangerous climate change. The EU Emissions Trading Scheme presents a comprehensive and insightful analysis of the EU ETS, written by international experts in the field. The publication includes the latest research on emissions credits, the interaction of the trading scheme with national energy policies and the debate on future expansion.

Author : Ervin Nagy
Publisher : Nova Science Publishers
Page : 0 pages
File Size : 55,6 Mb
Release : 2009
Category : Carbon offsetting
ISBN : 1607411946

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Emissions Trading by Ervin Nagy Pdf

The European Union's (EU) Emissions Trading Scheme (ETS) is a cornerstone of the EU's efforts to meet its obligation under the Kyoto Protocol. It covers more than 10,00 energy intensive facilities across the 27 EU Member countries; covered entities emit about 45% of the EU's carbon dioxide emissions. This book explores climate change which is generally viewed as a global issue, but proposed responses typically require action at the national level. With the 1997 Kyoto Protocol now in force and setting emissions objectives for 2008-2012, countries that ratified the protocol are developing appropriate implementation strategies to begin reducing their emissions of greenhouse gases. These objectives are discussed in detail in this book.

Author : Jørgen Wettestad,Torbjørg Jevnaker
Publisher : Springer
Page : 119 pages
File Size : 48,5 Mb
Release : 2016-05-25
Category : Political Science
ISBN : 9781137566744

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Rescuing EU Emissions Trading by Jørgen Wettestad,Torbjørg Jevnaker Pdf

This book draws upon a meticulous study of background documents and a string of fresh interviews to tell the fascinating story of how the EU’s climate flagship was significantly improved. The EU’s emissions trading system (ETS) covers almost half of its greenhouse gas emissions and has been hailed as the cornerstone and flagship of EU climate policy. But in spring 2013 the ETS was in severe crisis, with a huge surplus of allowances and a sagging carbon price. Even a formally simple measure to change the timing of auctioning was initially rejected by the European Parliament. Two years later a much more important ‘market thermostat’ was adopted (i.e. the Market Stability Reserve) and proposals for a complete ETS overhaul were put on the table. This book examines and explains how it was possible to turn the flagship around so quickly. Crucial changes at EU and national levels are identified, chief among them in Germany and the European Parliament.

Author : Simone Borghesi,Massimiliano Montini,Alessandra Barreca
Publisher : Springer
Page : 110 pages
File Size : 48,8 Mb
Release : 2016-04-16
Category : Science
ISBN : 9783319311869

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The European Emission Trading System and Its Followers by Simone Borghesi,Massimiliano Montini,Alessandra Barreca Pdf

Given the rapid spread of ETSs in an increasing number of countries and the important role that they are likely to play for the success or failure of the environmental policy in the years to come, this book provides an interdisciplinary analysis of the EU ETS from both the legal and economic perspectives comparing it with the other main ETSs existing worldwide, in order to assess whether the EU ETS has truly represented a prototype for the other ETSs established around the world and to investigate the current perspectives for linking them in the future.Through the years, the EU ETS has progressively gained a paramount position within the EU environmental policy and climate change legislation and currently represents the most striking flagship in this sector, with more than 11.000 installations covered by the scheme. In parallel, the EU ETS has paved the way for the establishment of many other ETSs in several other jurisdictions. Such schemes are now recognized worldwide as the “cornerstones” of the climate change policy.

Author : Christine Bakker,Francesco Francioni
Publisher : Routledge
Page : 320 pages
File Size : 53,7 Mb
Release : 2016-02-17
Category : Law
ISBN : 9781317033394

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The EU, the US and Global Climate Governance by Christine Bakker,Francesco Francioni Pdf

This volume presents a critical analysis of transatlantic relations in the field of environmental governance and climate change. The work focuses on understanding the possible trends in the evolution of global environmental governance and the prospects for breaking the current impasse on climate action. Drawing on research involving experts from eleven different universities and institutes, the authors provide innovative analyses on policy measures taken by the EU and the US, the world’s largest economic and commercial blocs, in a number of fields, ranging from general attitudes on environmental leadership with regard to climate change, to energy policies, new technologies for hydrocarbons extraction and carbon capture, as well as the effects of extreme weather events on climate-related political attitudes. The book examines the way in which the current attitudes of the EU and the US with regard to climate change will affect international cooperation and the building of consensus on possible climate policies, and looks to the future for international environmental governance, arguably one of the most pressing concerns of civilisation today. This book, which is based on research carried out in the context of the EU-financed FP7 research project TRANSWORLD, will appeal to academics, policy makers and practitioners seeking a deeper understanding of the challenges resulting from climate change.