The Evolution Of Carbon Markets

Author : Jørgen Wettestad,Lars H Gulbrandsen
Publisher : Routledge
Page : 263 pages
File Size : 49,6 Mb
Release : 2017-12-14
Category : Political Science
ISBN : 9781351855594

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The Evolution of Carbon Markets by Jørgen Wettestad,Lars H Gulbrandsen Pdf

Carbon markets are developing and expanding around the world, but how and to what extent is their design shaped by learning and interaction between them? How do these markets function and what is the role of design? Carrying out a ground-breaking analysis of their design and diffusion, this book covers all the major carbon market systems and processes around the world: the EU, RGGI, California, Tokyo, New Zealand, Australia, China, South Korea and Kazakhstan. It offers a systematic, in-depth discussion and comparison of the key design features in these systems with expert contributors exploring how, and to what extent, these features have been shaped by central policy diffusion mechanisms and domestic politics. By focussing on the specific design features of the instruments used, this volume makes important contributions to diffusion theory, highlighting how ETS diffusion processes more often have resulted in design divergence than convergence, and discussing the implications of this finding for the vision of linked systems in the post-Paris era. It will be of significant interest to a broad audience interested in the emergence, evolution, functioning and interaction of carbon markets.

Author : Ricardo Bayon,Amanda Hawn,Katherine Hamilton
Publisher : Earthscan
Page : 185 pages
File Size : 48,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781849773720

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Voluntary Carbon Markets by Ricardo Bayon,Amanda Hawn,Katherine Hamilton Pdf

The world carbon market is growing at a staggering rate with trading volumes into the tens of billions of dollars and approaching a billion tonnes of carbon dioxide. The growth prospects for business are enormous and the potential positive impacts for greenhouse gas emission reductions, climate policy options, renewable energy investment, development projects and efficiency gains are increasingly apparent.A key part of the market in greenhouse gas emissions is the rapidly growing voluntary carbon market driven by companies, organizations and individuals committed to efficiency, profitability and rapid action on climate change. HSBC, Volvo, Avis, Ricoh and American Express are but a few of the many companies now offsetting their greenhouse gas emissions and becoming 'carbon neutral', fuelling an international voluntary carbon market that is growing exponentially. This groundbreaking business book, written in a fast-paced journalistic style, draws together all the key information on international voluntary carbon markets with commentary from leading practitioners and business people. The voluntary market is complex, fragmented and multi-layered, but it is beginning to consolidate around a few guiding practices and business models from which conclusions can be drawn about market direction and opportunities.The book covers all aspects of voluntary carbon markets around the world: what they are, how they work and, most critically, their business potential to help slow climate change. It is the indispensable guide for anyone seeking to understand voluntary carbon markets and capitalize on the opportunities they present for economic and environmental benefit. If you want to be ahead of the curve for the next big thing, you need this book.

Author : Benjamin Stephan,Richard Lane
Publisher : Routledge
Page : 299 pages
File Size : 51,7 Mb
Release : 2014-08-27
Category : Business & Economics
ISBN : 9781134590056

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The Politics of Carbon Markets by Benjamin Stephan,Richard Lane Pdf

The carbon markets are in the middle of a fundamental crisis - a crisis marked by collapsing prices, fleeing actors, and ever increasing greenhouse gas levels. Yet carbon trading remains at the heart of global attempts to respond to climate change. Not only this, but markets continue to proliferate - particularly in the Global South. The Politics of Carbon Markets helps to make sense of this paradox and brings two urgently needed insights to the analysis of carbon markets. First, the markets must be understood in relation to the politics involved in their development, maintenance and opposition. Second, this politics is multiform and pervasive. Implementation of new techniques and measuring tools, policy development and contestation, and the structuring context of institutional settings and macro-social forces all involve a variety of political actors and create new forms of political agency. The contributions study the total extent of the carbon markets, from their prehistory to their contemporary expansion and wider impacts. This wide-ranging political perspective on the carbon markets is invaluable to those studying and interested in ecological markets, climate change governance and environmental politics.

Author : Arnaud Brohé,Nick Eyre,Nicholas Howarth
Publisher : Routledge
Page : 336 pages
File Size : 46,9 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

Author : Nadaa Taiyab
Publisher : IIED
Page : 42 pages
File Size : 46,9 Mb
Release : 2006
Category : Emissions trading
ISBN : 9781843695820

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Exploring the Market for Voluntary Carbon Offsets by Nadaa Taiyab Pdf

Explores the potential for financing small-scale high-benefit sustainable development projects through the voluntary and retail sector of the carbon market.

Author : Julien Chevallier
Publisher : Springer Science & Business Media
Page : 238 pages
File Size : 49,8 Mb
Release : 2011-09-21
Category : Business & Economics
ISBN : 9789400724129

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Econometric Analysis of Carbon Markets by Julien Chevallier Pdf

Through analysis of the European Union Emissions Trading Scheme (EU ETS) and the Clean Development Mechanism (CDM), this book demonstrates how to use a variety of econometric techniques to analyze the evolving and expanding carbon markets sphere, techniques that can be extrapolated to the worldwide marketplace. It features stylized facts about carbon markets from an economics perspective, as well as covering key aspects of pricing strategies, risk and portfolio management.

Author : Michiel Arnoldus,Roger Bymolt
Publisher : Kit Pub
Page : 0 pages
File Size : 54,5 Mb
Release : 2011
Category : Carbon dioxide mitigation
ISBN : 9460221823

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Demystifying Carbon Markets by Michiel Arnoldus,Roger Bymolt Pdf

Setting up a social and environmentally sustainable business is hard work. Most entrepreneurs struggle to raise investment capital and make a small profit. Carbon credits can be a welcome source of additional revenue for those businesses and projects that reduce greenhouse gas emissions. But where do you start? Practical information that is easy to apply to your specific situation is hard to find. The information you can find is often either too general, or full of complicated terminology. Hiring an expert is risky without an indication of whether you will be able to earn the money back. As a result many entrepreneurs are discouraged and never properly explore the possibilities of carbon credits, or get stuck somewhere in the process. This book is a beginner s guide for entrepreneurs who want to assess whether they can generate additional revenue with carbon credits. It provides a concise overview of the basics of carbon credits with a minimum of jargon, and illustrated with practical examples from real cases. Topics include: What are carbon credits? What are the basic requirements for a business or project to produce carbon credits? Where and how are they sold? What are the current prices and what influences these? Who are the different players in the industry, and what do they do? What are the different steps in the development of a carbon offset project? How do I choose a certification standard? How can I estimate the amount of carbon credits and revenue I can generate? This book addresses these questions in a way that is relevant to a wide variety of project types. Particular attention is given to the challenges of smaller projects in developing countries as well as forestry, agroforestry and biofuel projects."

Author : Rudolph, Sven,Aydos, Elena
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 43,9 Mb
Release : 2021-09-09
Category : Law
ISBN : 9781839109096

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Carbon Markets Around the Globe by Rudolph, Sven,Aydos, Elena Pdf

In this timely book, Sven Rudolph and Elena Aydos take an interdisciplinary approach that combines sustainability economics, political economy, and legal concepts to answer two fundamental questions: How can carbon markets be designed to be effective, efficient and just at the same time? And how can the political barriers to sustainable carbon markets be overcome? The authors advance existing theoretical frameworks and examine empirical data from various real-life emissions trading schemes, identifying strategies and policy windows for implementing truly sustainable ETS.

Author : Fariborz Zelli,Karin Bäckstrand,Naghmeh Nasiritousi,Jakob Skovgaard,Oscar Widerberg
Publisher : Cambridge University Press
Page : 293 pages
File Size : 47,5 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.

Author : Elizabeth Harris
Publisher : IIED
Page : 76 pages
File Size : 48,9 Mb
Release : 2007
Category : Carbon dioxide mitigation
ISBN : 9781843696766

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The voluntary carbon offsets market: An analysis of market characteristics and opportunities for sustainable development by Elizabeth Harris Pdf

Author : Radha Purswani
Publisher : SBS Publishers
Page : 269 pages
File Size : 46,6 Mb
Release : 2012-01-01
Category : Carbon
ISBN : 8131427080

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Carbon Trading by Radha Purswani Pdf

CONTENTS: Demystifying Carbon Trading: The Market Based Mechanism; An Insight into Carbon Trading: Understanding the Behavior of Emissions Market with a Financial Perspective; Carbon Credits - An Introduction; The Voluntary Carbon Market: Current & Future Market Status, and Implications for Development Benefits; Getting Carbon Offsets Right: A Business Brief on Engaging Offset Providers; Carbon Trading : Theory and Practice; The Carbon Credits Price Dynamics in Evolving Carbon Markets; The Value of Carbon Credits: Is there a Final Answer?; Carbon Funds: In the Driver's Seat; Personal Carbon Trading: The Idea, its Development and Design; Emissions Trading Versus CO2 Taxes; Auctioning of CO2 Emission Allowances in the EU ETS; The UK Emissions Trading Scheme; Improving Environmental Quality Through Carbon Trading; The Problem of Maintaining Emission "Caps" in Carbon Trading Programs: Without Federal Government Involvement - A Brief Examination of the Chicago Climate Exchange and the Northeast Regional Greenhouse Gas Initiative; Carbon Trading in the US: The Hibernating Giant; Carbon Trading in India: An Insider's View.

Author : Arild Angelsen,Caroline Wang Gierløff,Angelica Mendoza Beltrán,Michel den Elzen
Publisher : Nordic Council of Ministers
Page : 105 pages
File Size : 52,7 Mb
Release : 2014-09-17
Category : Electronic
ISBN : 9789289328005

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REDD credits in a global carbon market by Arild Angelsen,Caroline Wang Gierløff,Angelica Mendoza Beltrán,Michel den Elzen Pdf

How can REDD credits be included in a future global carbon market, and what are the impacts of inclusion? We analyze ten different scenarios through 2020, varying the global emission caps and the REDD rules. An inclusion of REDD credits without any adjustments in the global cap will lower carbon prices significantly and cause crowding out. The cap must move towards the 2 degrees climate target if REDD inclusion is to maintain high carbon prices and strong incentives for emissions reductions in other sectors. At the same time, reaching the 2 degree target without full REDD inclusion will increase global mitigation costs by more than 50%.

Author : Yulia Veld-Merkoulova,Svetlana Viteva
Publisher : Springer
Page : 134 pages
File Size : 55,5 Mb
Release : 2015-10-31
Category : Business & Economics
ISBN : 9783319254128

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Carbon Finance by Yulia Veld-Merkoulova,Svetlana Viteva Pdf

Maximizing reader insights into the methodologies and cutting-edge research concerning the financial aspects of carbon markets, this book analyzes the economic and financial effects of carbon trading and regulations on the stock market prices of individual companies as well as the joint effects of regulations and of the prices of oil and gas on the prices and volatility of the traded carbon securities. Focussing on the European Union Emissions Trading Scheme (EU ETS), which is the most developed carbon trading scheme worldwide, the results obtained for the EU ETS are used as a benchmark for the new carbon markets being developed in North America and worldwide. After reading this book, the reader will: • Learn how the European market for carbon emission allowances work; • Be aware of the institutional development of the market and of the regulatory environment of the EU Emissions Trading Scheme; • Get acquainted with the regression methodologies used to evaluate the impact of regulatory and other events on energy and financial markets; • Become familiar with the recent research results on the links between carbon market regulations, energy prices and the returns and volatility of carbon-linked financial instruments and stock market prices; • Get informed about the possibilities of carbon emissions regulations and their impact on financial markets. This book will be instrumental for the market regulators, researchers and advanced students interested in energy finance, and for the finance practitioners and investors in the energy and carbon intensive industries.

Author : Bangzhu Zhu,Julien Chevallier
Publisher : Springer
Page : 168 pages
File Size : 42,5 Mb
Release : 2017-05-09
Category : Business & Economics
ISBN : 9783319576183

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Pricing and Forecasting Carbon Markets by Bangzhu Zhu,Julien Chevallier Pdf

This book applies the multidisciplinary approaches of econometrics, statistics, finance and artificial intelligence for pricing and forecasting the carbon market in the context of managerial issues. It explores the related issues of pricing and forecasting the carbon market using theoretical models and empirical analyses, demonstrating how the carbon market, as a policy-based artificial market, is complex and influenced by both the market mechanisms and the external heterogeneous environments. By integrating the features of analytical systems, it offers insights to further our scientific understanding of the pricing mechanism and the variable laws governing the carbon market. Moreover, it lays a foundation for dealing with climate change in China and constructing a national carbon market there. Ultimately, it actively contributes to the energy saving and CO2 emission reduction promoted by the carbon market. The carbon market, represented by the European Union Emissions Trading System (EU ETS), is a cost-effective measure for tackling climate change. Furthermore, pricing and forecasting carbon market has been one of the research focuses in the fields of energy and climate change. As a policy tool of the trading mechanism, the carbon market offers a great institutional innovation for coping with climate change. Due to its multiple advantages including saving costs and environment protection, and political feasibility, more and more countries including China have applied the carbon market for carbon dioxide (CO2) emission reduction. Accurately understanding the pricing mechanism and mastering the fluctuating law of carbon market is essential to build a national carbon market for China.

Author : Pete Newell,Max Boykoff,Emily Boyd
Publisher : John Wiley & Sons
Page : 205 pages
File Size : 41,6 Mb
Release : 2012-02-20
Category : Science
ISBN : 9781444350227

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The New Carbon Economy by Pete Newell,Max Boykoff,Emily Boyd Pdf

The New Carbon Economy provides a critical understanding of the carbon economy. It offers key insights into the constitution, governance and effects of the carbon economy, across a variety of geographical settings. Examines different dimensions of the carbon economy from a range of disciplinary angles in a diversity of settings Provides ways for researchers to subject claims of newness and uniqueness to critical scrutiny Historicizes claims of the 'newness' of the carbon economy Covers a range of geographical settings including Europe, the US and Central America