Emissions Trading For Climate Policy

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Emissions Trading for Climate Policy

Author : Bernd Hansjürgens
Publisher : Cambridge University Press
Page : 261 pages
File Size : 53,8 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.

EU Climate Policy Explained

Author : Jos Delbeke,Peter Vis
Publisher : Routledge
Page : 117 pages
File Size : 51,8 Mb
Release : 2015-10-05
Category : Business & Economics
ISBN : 9781317338116

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EU Climate Policy Explained by Jos Delbeke,Peter Vis Pdf

The EU has been the region of the world where the most climate policies have been implemented, and where practical policy experimentation in the field of the environment and climate change has been taking place at a rapid pace over the last twenty-five years. This has led to considerable success in reducing pollution, decoupling emissions from economic growth and fostering global technological leadership. The objective of the book is to explain the EU's climate policies in an accessible way, to demonstrate the step-by-step approach that has been used to develop these policies, and the ways in which they have been tested and further improved in the light of experience. The book shows that there is no single policy instrument that can bring down greenhouse gas emissions, but the challenge has been to put a jigsaw of policy instruments together that is coherent, delivers emissions reductions, and is cost-effective. The book differs from existing books by the fact it covers the EU's emissions trading system, the energy sector and other economic sectors, including their development in the context of international climate policy. Set against the backdrop of the 2015 UN Climate Change conference in Paris, this accessible book will be of great relevance to students, scholars and policy makers alike.

Climate Change and European Emissions Trading

Author : Michael G. Faure,Marjan Peeters
Publisher : Edward Elgar Publishing
Page : 425 pages
File Size : 40,7 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.

Rescuing EU Emissions Trading

Author : Jørgen Wettestad,Torbjørg Jevnaker
Publisher : Springer
Page : 119 pages
File Size : 47,7 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.

Act Locally, Trade Globally

Author : International Energy Agency
Publisher : OECD Publishing
Page : 240 pages
File Size : 45,6 Mb
Release : 2005
Category : Business & Economics
ISBN : STANFORD:36105121958875

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Act Locally, Trade Globally by International Energy Agency Pdf

Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Emissions trading has become the instrument of choice to help manage the cost of this transition, whether used at international or at domestic level. Act Locally, Trade Globally, offers an overview of existing trading systems, their mechanisms, and looks into the future of the instrument for limiting greenhouse gas emissions.

Emissions Trading Design

Author : Stefan E. Weishaar
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 54,6 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

Carbon Markets in a Climate-Changing Capitalism

Author : Gareth Bryant
Publisher : Cambridge University Press
Page : 195 pages
File Size : 52,9 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.

Emissions Trading

Author : Ralf Antes,Bernd Hansjürgens,Peter Letmathe
Publisher : Springer Science & Business Media
Page : 281 pages
File Size : 53,8 Mb
Release : 2008-07-01
Category : Business & Economics
ISBN : 9780387736532

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Emissions Trading by Ralf Antes,Bernd Hansjürgens,Peter Letmathe Pdf

Emissions trading challenges the management of companies in an entirely new manner. Most importantly it shifts the mode of governance of environmental policy from hierarchy to market. The contributions in this book discuss the theoretical implications of different institutional designs of emissions trading schemes. They review schemes implemented in the US and Europe, and evaluate the range of investment decisions and corporate strategies resulting from the new policy framework.

Carbon Markets

Author : Arnaud Brohé,Nick Eyre,Nicholas Howarth
Publisher : Routledge
Page : 336 pages
File Size : 50,5 Mb
Release : 2012-05-16
Category : Business & Economics
ISBN : 9781136570230

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Carbon Markets by Arnaud Brohé,Nick Eyre,Nicholas Howarth Pdf

Winner of the Choice Outstanding Academic Titles of 2010 award. This book is a comprehensive and accessible guide to understanding the opportunities offered by regulated and voluntary carbon markets for tackling climate change. Coverage includes: - An overview of the problem of climate change, with a concise review of the most recent scientific evidence in different fields - A highly accessible introduction to the economic theory and different constitutive elements of a carbon allowances market - Explanation of the Kyoto Protocol and its flexibility mechanisms - Explanation of how the EU Emissions Trading Scheme works in practice - Ongoing developments in regulated carbon markets in the US - Up-to-the-minute coverage of regulated carbon markets in Australia - Developments in New Zealand and Japan - Carbon offsetting and voluntary carbon markets. Combining theoretical aspects with practical applications, this book is for business leaders, financiers, carbon traders, lawyers, bankers, researchers, policy makers and anyone interested in market mechanisms to mitigate climate change. The carbon emissions resulting from the production of this book have been calculated, reduced and offset to render the bookcarbon neutral. Published with CO2 Neutral

Climate Change and the EU Emissions Trading Scheme (ETS)

Author : Larry Parker
Publisher : DIANE Publishing
Page : 22 pages
File Size : 47,8 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.

The Kyoto Protocol

Author : Sebastian Oberthür,Hermann E. Ott
Publisher : Springer Science & Business Media
Page : 369 pages
File Size : 46,8 Mb
Release : 2013-06-29
Category : Science
ISBN : 9783662039250

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The Kyoto Protocol by Sebastian Oberthür,Hermann E. Ott Pdf

The adoption of the Kyoto Protocol in December 1997 was a major achievement in the endeavour to tackle the problem of global climate change at the dawn of the 21st century. After many years of involvement in the negotiation process, the book's two internationally recognised authors now offer the international community a first hand and inside perspective of the debate on the Kyoto Protocol. The book provides a comprehensive scholarly analysis of the history and content of the Protocol itself as well as of the economic, political and legal implications of its implementation. It also presents a perspective for the further development of the climate regime. These important features make this book an indispensable working tool for policy makers, negotiators, academics and all those actively involved and interested in climate change issues in both the developed and developing world.

International Trade and Climate Change Policies

Author : Duncan Brack
Publisher : Routledge
Page : 224 pages
File Size : 42,8 Mb
Release : 2013-10-11
Category : Political Science
ISBN : 9781134191895

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International Trade and Climate Change Policies by Duncan Brack Pdf

Focusing on the likely impacts on trade of the UN Framework Convention on Climate Change and the Kyoto Protocol, this book examines the actual and potential conflicts between whether liberalization of trade undermines the efforts of industrialised countries to mitigate climate change. It will be essential reading for environmental economists and those engaged in international environmental relations and policy.

Efficiency and Equity of Climate Change Policy

Author : Carlo Carraro
Publisher : Springer Science & Business Media
Page : 367 pages
File Size : 55,6 Mb
Release : 2013-06-29
Category : Business & Economics
ISBN : 9789401594844

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Efficiency and Equity of Climate Change Policy by Carlo Carraro Pdf

Efficiency and Equity of Climate Change Policy is a comprehensive assessment of the economic effects of climate change policy, addressing the issues with a quantitative modelling approach. The book thus goes beyond the usual statements on the efficiency of economic instruments to identify the way gains and losses are distributed; who gains and who loses. Both the costs and benefits of climate change policies are analyzed. Most papers also provide useful information on the economic features of the Kyoto Protocol, its possible extensions, and the effect of different implementation strategies (such as the debate on emissions trading ceilings). Readership: Scientists and policy makers, students and specialists in climate related industries, members of NGOs, and policy advisors.

Emissions Trading as a Policy Instrument

Author : Marc Gronwald,Beat Hintermann
Publisher : MIT Press
Page : 299 pages
File Size : 44,5 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.--

Legal Aspects of Carbon Trading

Author : David Freestone,Charlotte Streck
Publisher : OUP Oxford
Page : 720 pages
File Size : 45,9 Mb
Release : 2009-10-01
Category : Law
ISBN : 9780191609916

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Legal Aspects of Carbon Trading by David Freestone,Charlotte Streck Pdf

Since 2005 the carbon market has grown to a value of nearly $100 billion per annum. This new book examines all the main legal and policy issues which are raised by emissions trading and carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the regional emission trading scheme in the EU and emerging schemes in the US, Australia, and New Zealand. The Parties to the 1992 UN Framework Convention are in the process of negotiating a successor regime to the 1997 Kyoto Protocol whose first commitment period ends in 2012. As scientists predict that the threat of dangerous climate change requires much more radical mitigation actions, the negotiations aim for a more comprehensive and wide ranging agreement which includes new players - such as the US - as well as taking account of new sources (including aircraft emissions) and new mechanisms such as the creation of incentives for reducing emissions from deforestation and forest degradation. This volume builds on the success of the editors' previous volume published by OUP in 2005: Legal Aspects of Implementing the Kyoto Protocol Mechanisms: Making Kyoto Work, which remains the standard work of reference for legal practitioners and researchers on carbon finance and trading under the Kyoto Protocol.