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An Introduction To Californias Greenhouse Gas Emission Trading Program
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Book Synopsis An Introduction to California's Greenhouse Gas Emission Trading Program by : Tseming Yang
Download or read book An Introduction to California's Greenhouse Gas Emission Trading Program written by Tseming Yang and published by . This book was released on 2013 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even though climate change will require a global solution, the efforts of individual nations and sub-national governmental units have become increasingly important for demonstrating leadership in creating effective regulatory programs and possible solutions. California's Global Warming Solutions Act of 2006, also referred to as A.B. 32, and the associated greenhouse gas emission trading program are one set of such efforts. With A.B. 32, the state of California has created one of the most comprehensive and complex climate change programs in the world - a legally binding set of mandates for the state government to reduce greenhouse gas (GHG) emissions to 1990 levels by the year 2020 that is implemented in part by a highly sophisticated GHG trading system. Although a number of years have already passed since A.B. 32's first enactment, the highest-profile regulatory action, the emission trading program, also referred to as a cap-and-trade system, became effective only recently. This short essay is designed to provide an introduction to the basic aspects of the California Global Warming Solutions Act as well as the GHG Emission Trading Program. In particular, the essay will touch on the scope of the emission trading program's carbon cap and what sources are covered, the cap decline by 2020, carbon allowances and offset-credits as well as related allowance banking issues, reporting and compliance processes, and linkage with other emission trading systems.
Book Synopsis Designing the Allocation Process for California's Greenhouse Gas Emissions Trading Program by :
Download or read book Designing the Allocation Process for California's Greenhouse Gas Emissions Trading Program written by and published by . This book was released on 2010 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Greenhouse Gas Protocol written by and published by World Business Pub.. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Managing Greenhouse Gas Emissions in California by :
Download or read book Managing Greenhouse Gas Emissions in California written by and published by . This book was released on 2006 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Climate Trading written by D. Stowell and published by Springer. This book was released on 2004-11-29 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate Trading provides a comprehensive overview of the emerging greenhouse gas emissions trading markets. The book covers events in the UN climate negotiations and the development of the international emissions trading system under the Kyoto Protocol. The key focus of the book is the emerging domestic and international emissions trading schemes, project based trading programmes, and the developing greenhouse gas markets. As governments implement regulations to meet domestic and international greenhouse gas emission reduction targets, it is crucial for capital market practitioners and industry to understand risks and opportunities posed by these regulations. The book offers the reader insight into the climate change problem, the concept of emissions trading, design of emerging trading schemes and the practical functioning of the greenhouse gas markets.
Book Synopsis Has California's Cap-and-Trade Caused a Reduction in Greenhouse Gas Emissions: A Firm-Level Analysis by : Brendan Gerard Timmons
Download or read book Has California's Cap-and-Trade Caused a Reduction in Greenhouse Gas Emissions: A Firm-Level Analysis written by Brendan Gerard Timmons and published by . This book was released on 2019 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of efforts to reduce greenhouse gas emissions, policymakers around the world have implemented or are considering market-based emissions reductions policies like cap-and-trade. In the U.S., the only state with a cap-and-trade program that covers every sector in the economy is California, which has become a global leader in climate policy. Though California's emissions have decreased since the policy was implemented, this decline coincides with other factors, such as the natural gas boom and subsequent drop in natural gas prices, increases in vehicle gas mileage, and the ramping up of renewable portfolio standards. This study seeks to determine if, accounting for these other factors, the decrease in emissions can be attributed to the cap-and-trade program, and if so, how much reduction has come as a result of compliance with the program. I also study whether and how individual facilities comply with the cap. Using panel data for firm-level emissions from the U.S. Environmental Protection Agency and California Air Resources Board and accounting for other factors using data from a variety of U.S. government sources, I find that California's cap-and-trade program is associated with a reduction in firms' emissions. However, my results show that this decline may be at least partially attributed to leakage of emissions from California's climate policy regime to other states. Further study and more detailed data is needed to better understand the relationship between firms' emissions, the cap, and leakage.
Download or read book Climate Change written by Larry Parker and published by DIANE Publishing. This book was released on 2011 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. Facets of the cost issue that have raised concern regarding a greenhouse gas reduction program include absolute costs to the economy, dist. of costs across industries, competitive impact domestically and internationally, incentives for new technol., and uncertainty about costs. Contents of this report: (1) Intro.: Price Versus Quantity Debate; (2) Five Dimensions of the Cost Issue; (3) Addressing Cost Concerns: Tonnage Options; Expand Supply Options; Carbon Tax: Economic-Based Circuit Breaker; Technol.-Based Timetable: Banking and Borrowing; Auctioning Permits; Safety Valve; (4) Illustrative Approaches; (5) Resolving the Price-Quantity Issue; (6) Selected Options to Address Cost Uncertainty of Greenhouse Gas Reduction Programs. Charts and tables.
Download or read book Exploring Cap-and-Trade written by and published by . This book was released on 2018 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is an urgent issue unlike anything humanity has ever faced. This thesis explores a market-based tool to reduce greenhouse gas emissions and limit global warming. Specifically, it uses the California cap-and-trade program as a case study. It provides background information on this program, which was established from the California Global Warming Solutions Act of 2006 (AB 32) and in 2017 was extended to 2030. Evaluating market-based tools is becoming increasingly important as countries and states look for ways to reduce climate pollution and create investments in a clean energy future. Through analysis of government reports and a literature review, this paper finds that the program is not performing at its optimum. It recommends reducing the number of allocated permits to increase the demand and the price. Additionally, it recommends implementation of processes that evaluate and reconsider how different programs created under AB 32 can complement carbon pricing--not undermine its ability to reduce emissions. Although the California cap-and-trade program is not performing at its optimum, the program represents California's commitment to addressing climate change and acts as an international inspiration for climate action. There are multiple states that are currently considering implementing carbon pricing tools. This paper concludes by providing an overview of the pending carbon legislation in Oregon.
Book Synopsis Understanding and Analysis: The California Air Resources Board Forest Offset Protocol by : Eric Marland
Download or read book Understanding and Analysis: The California Air Resources Board Forest Offset Protocol written by Eric Marland and published by Springer. This book was released on 2017-03-28 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a product of the initial phase of a broader study evaluating the voluntary and regulatory compliance protocols that are used to account for the contributions of forests in U.S.-based greenhouse gas (GHG) mitigation programs. The research presented here is particularly concerned with these protocols’ use of the USDA Forest Service’s Forest Inventory and Analysis (FIA) data to describe forest conditions, ownership, and management scenarios, and is oriented towards providing regulators and other interested parties with an objective comparison of the options, uncertainties, and opportunities available to offset GHG emissions through forest management. Chapters focus on the protocols for recognizing forest carbon offsets in the California carbon cap-and-trade program, as described in the Compliance Offset Protocol; U.S. Forest Projects (California Air Resources Board, 2011). Readers will discover the protocols used for quantifying the offset of GHG emissions through forest-related project activity. As such, its scope includes a review of the current methods used in voluntary and compliance forest protocols, an evaluation of the metrics used to assign baselines and determine additionality in the forest offset protocols, an examination of key quantitative and qualitative components and assumptions, and a discussion of opportunities for modifying forest offset protocols, in light of the rapidly changing GHG-related policy and regulatory environment. Finally, the report also discusses accounting and policy issues that create potential barriers to participation in the California cap-and-trade program, and overall programmatic additionality in addressing the needs of a mitigation strategy.
Book Synopsis Guidance to the California Climate Action Registry by : California Energy Commission. Climate Change Program
Download or read book Guidance to the California Climate Action Registry written by California Energy Commission. Climate Change Program and published by . This book was released on 2002 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Emissions Trading in California by : Alex Wang
Download or read book Emissions Trading in California written by Alex Wang and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report evaluates California's two major emissions trading systems (ETS): (i) the Regional Clean Air Incentives Market (RECLAIM) program for conventional air pollutants in southern California, begun in 1993 and now being retired; and (ii) the economy-wide greenhouse gas cap-and-trade program commenced in 2013 and authorized through 2030. We consider these systems in the context of broader critiques about emissions trading systems and take seriously problems of environmental ambition, integrity, and justice. We also explore ways in which emissions trading systems can affect the political economy of climate policy for better or worse.This report was written with an audience of Chinese regulators and researchers in mind, as China has recently commenced the world's largest ETS by volume of emissions covered. The material on California is meant to support the design and reform of this system. We have also included a chapter summarizing the current structure of China's national ETS and offered a series of reform recommendations, drawing on lessons from California.We hope that a frank assessment of the benefits and shortcomings of emissions trading will allow China and other jurisdictions to avoid the mistakes of existing ETS and to find an appropriate balance among emissions trading and a broader portfolio of climate measures.
Book Synopsis Carbon Credits and Global Emissions Trading by : Jens Hillebrand
Download or read book Carbon Credits and Global Emissions Trading written by Jens Hillebrand and published by GRIN Verlag. This book was released on 2008-09-22 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Environmental Sciences, grade: 1,0, Vrije University Brussel (Solvay Business School), course: Advanced Technology, language: English, abstract: The ongoing process of changes in the global climate system is rather undisputed these days, as it is evident from observations of increases in global average air and ocean temperatures, widespread melting of snow and ice as well as rising global sea levels. Moreover, while the exact causes for the currently observed increases in global temperatures are yet to be established, a growing consensus is emerging that at least part of it is human-caused. As a result, various panels and organisations have emerged throughout the world, which are working on strategies how to reverse or at least halt this process. As Kolk & Pinske point out the resulting climate policies across different sectors and locations are diverse. Various companies are trying to restructure their operations in order to reduce waste and to make their processes more energy efficient. A number of governments are enacting policies to replace CO2-intensive energy, released through the burning of coal, oil and gas by more environmentally friendly, so-called ‘clean’ energy, such as wind, solar, or hydroelectric power. Others are resorting back to nuclear power asserting that the actual risks of this technology are by far not as high as they are perceived to be or as they were some years ago. A further alternative that has recently been implemented by the EU is a ‘cap-and-trade system’ for energy-intensive industries, which defines strict limits for the absolute amount of emissions. While the responsibility for complying with this regulation rests with the companies in the respective industries, they are free to find ways how to stay within the limits. Compensating for emissions by purchasing carbon credits is one prominent option available to companies in this respect. Purpose of this paper will hence be to analyse the current state of emissions trading development and assess the prospects of a universal worldwide emissions trading scheme.
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :120 pages Book Rating :4.3/5 (91 download)
Book Synopsis Greenhouse Gas Trading Program by : United States. Congress. Senate. Committee on Energy and Natural Resources
Download or read book Greenhouse Gas Trading Program written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2010 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Carbon Credits and Global Emissions Trading by : Jens Hillebrand
Download or read book Carbon Credits and Global Emissions Trading written by Jens Hillebrand and published by GRIN Verlag. This book was released on 2008-09 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Environmental Sciences, grade: 1,0, Vrije University Brussel (Solvay Business School), course: Advanced Technology, language: English, abstract: The ongoing process of changes in the global climate system is rather undisputed these days, as it is evident from observations of increases in global average air and ocean temperatures, widespread melting of snow and ice as well as rising global sea levels. Moreover, while the exact causes for the currently observed increases in global temperatures are yet to be established, a growing consensus is emerging that at least part of it is human-caused. As a result, various panels and organisations have emerged throughout the world, which are working on strategies how to reverse or at least halt this process. As Kolk & Pinske point out the resulting climate policies across different sectors and locations are diverse. Various companies are trying to restructure their operations in order to reduce waste and to make their processes more energy efficient. A number of governments are enacting policies to replace CO2-intensive energy, released through the burning of coal, oil and gas by more environmentally friendly, so-called 'clean' energy, such as wind, solar, or hydroelectric power. Others are resorting back to nuclear power asserting that the actual risks of this technology are by far not as high as they are perceived to be or as they were some years ago. A further alternative that has recently been implemented by the EU is a 'cap-and-trade system' for energy-intensive industries, which defines strict limits for the absolute amount of emissions. While the responsibility for complying with this regulation rests with the companies in the respective industries, they are free to find ways how to stay within the limits. Compensating for emissions by purchasing carbon credits is one prominent option available to companies in this respect. Purpose of this paper will hence be to ana
Book Synopsis Climate Change and Carbon Markets by : Farhana Yamin
Download or read book Climate Change and Carbon Markets written by Farhana Yamin and published by Earthscan. This book was released on 2012 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is an environmental problem of unprecedented complexity, not just in terms of its physical, social, economic and political impacts, but particularly in terms of the range of policy instruments being designed by countries to reduce greenhouse gas emissions. Climate Change and Carbon Markets aims to provide an accessible and practical guide to cutting edge market-based mechanisms which will reduce greenhouse gas emissions. This book is a guide for national and international policy-makers and industry professionals, who need to understand the carbon markets established pursuant to the Kyoto Protocol, one of the most complex agreements ever negotiated. The book sets out how carbon markets will function by explaining the rules, institutions and procedures of the Kyoto mechanisms, including: emissions trading, joint implementation (JI) and the Clean Development Mechanism (CDM). It also provides an in-depth explanation of the EU Emissions Allowance Trading Scheme, emerging mechanisms in the US and developing countries, and how these will link up. For policy-makers, researchers and scholars; industry practitioners, companies, market service providers, technical and legal consultants, NGOs and all stakeholder organizations engaged in the Kyoto markets, this is the authoritative and comprehensive practical guide to this rapidly evolving area. Contains the full text of the key European Union documents setting up the EU Emissions Allowance Trading Scheme and the Linking Directive.
Book Synopsis Environmental Governance in the Carbon Economy by : Patrick McGregor Bigger
Download or read book Environmental Governance in the Carbon Economy written by Patrick McGregor Bigger and published by . This book was released on 2015 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Emissions Trading for Climate Policy by : Bernd Hansjürgens
Download or read book Emissions Trading for Climate Policy written by Bernd Hansjürgens and published by Cambridge University Press. This book was released on 2005-07-28 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1997 Kyoto Conference introduced emissions trading as a new policy instrument for climate protection. This book's contributions from the fields of economics, political science and law analyze theoretical aspects of regulatory instruments for climate policy, provide an overview of U.S. experience with market-based instruments, draw lessons from existing 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 U.S and Europe.
