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Completion Of The Eu Emissions Trading Scheme In The Emerging Global Climate Regime
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Book Synopsis Completion of the EU Emissions Trading Scheme in the Emerging Global Climate Regime by : Christian Egenhofer
Download or read book Completion of the EU Emissions Trading Scheme in the Emerging Global Climate Regime written by Christian Egenhofer and published by CEPS. This book was released on 2004 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Climate Change and European Emissions Trading by : Michael G. Faure
Download or read book Climate Change and European Emissions Trading written by Michael G. Faure and published by Edward Elgar Publishing. This book was released on 2008 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis EU Emissions Trading by : Jon Birger Skjærseth
Download or read book EU Emissions Trading written by Jon Birger Skjærseth and published by Routledge. This book was released on 2016-04-22 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Towards an Emissions Trading System in Mexico: Rationale, Design and Connections with the Global Climate Agenda by : Simone Lucatello
Download or read book Towards an Emissions Trading System in Mexico: Rationale, Design and Connections with the Global Climate Agenda written by Simone Lucatello and published by Springer Nature. This book was released on 2021-12-16 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Open Access book provides detailed information about the incoming Mexican Emissions Trading System, including an analysis on why the system was implemented, how the system was designed, how it operates, how it could work, and how it could be strengthened by 2023 when it will be formally launched. This document is aimed at those who want to understand how an ETS can operate in an emerging economy. Although it has been written for experts and non-experts, this book does not provide the underlying theory of market-based instruments and emissions trading systems in general. The book can be read from start to finish, but can also be used as a reference for specific components of regional ETSs. The book draws upon a meticulous study of background documents and fieldwork from different authors to tell the story of how a Mexican ETS, the first of its kind in Latin America, can be set in the country. The emissions trading system cover many greenhouse gas emissions and has been hailed as one of the cornerstones of the Mexican climate policy. The book also examines and explains how the ETS is designed and implemented.
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 Routledge. This book was released on 2012-04-27 with total page 469 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 Rescuing EU Emissions Trading by : Jørgen Wettestad
Download or read book Rescuing EU Emissions Trading written by Jørgen Wettestad and published by Springer. This book was released on 2016-05-25 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Shaping the Global Arena: Preparing the EU Emissions Trading Scheme for the post-2012 Period by : Noriko Fujiwara
Download or read book Shaping the Global Arena: Preparing the EU Emissions Trading Scheme for the post-2012 Period written by Noriko Fujiwara and published by CEPS. This book was released on 2007 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on an assessment of the EU ETS, this CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.
Download or read book Emissions Trading written by Ralf Antes and published by Springer Science & Business Media. This book was released on 2011-08-12 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading challenges the management of companies in an entirely new manner: Not only does it, like other market-based environmental policy instruments, allow for a bigger flexibility in management decisions concerning emission issues. More importantly, it shifts the mode of governance of environmental policy from hierarchy to market. But how is this change reflected in management processes, decisions and organizational structures? The contributions in this book discuss the theoretical implications of different institutional designs of emissions trading schemes, review schemes that have been implemented in the US and Europe, and evaluate the range of investment decisions and corporate strategies which have resulted from the new policy framework.
Book Synopsis Linking Emissions Trading Schemes by : Andreas Tuerk
Download or read book Linking Emissions Trading Schemes written by Andreas Tuerk and published by Earthscan. This book was released on 2009 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing number of GHG emissions trading schemes are being implemented at regional or national levels. However, even as the number of different schemes grows, few linkages exist between them. Major cap-and-trade proposals are currently at important stages in their development, especially in the United States, Japan and Australia, some of which explicitly emphasize the aim of linking with other schemes. One of the strategic goals of European climate policy is linking the EU ETS with other comparable schemes. The research presented in this volume is on actual economic, political and institutional constraints and implications. It examines the role of linking trading schemes for the development of the post-Kyoto climate architecture and for increasing linkage between schemes. This essential research will be relevant to both the scientific community and for policymakers who are involved in the design of emerging trading schemes and offset mechanisms, as well as in designing the post Kyoto climate regime.This volume focuses specifically on: o Economic, institutional/regulatory and legal dimensions of linkingo Implications of linking on the design of emerging trading schemeso The role of linking trading schemes for the development of the post-Kyoto climate regim
Book Synopsis The Trade and Climate Change Joint Agenda by : Thomas L. Brewer
Download or read book The Trade and Climate Change Joint Agenda written by Thomas L. Brewer and published by CEPS. This book was released on 2008 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Incorporation of Aviation Into the EU ́s Emissions Trading System by : Mathias van Driel
Download or read book The Incorporation of Aviation Into the EU ́s Emissions Trading System written by Mathias van Driel and published by GRIN Verlag. This book was released on 2010-08-17 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Politics - Environmental Policy, grade: 1,3, University of Münster, language: English, abstract: Within the scope of this course the presentation results from the commissioned group works, divided into thematic clusters - supplemented by active discussions - have acuminated the view on contents and concepts of this issued EU Policy. In doing so, it was a major aim to analyse political instruments within the EU, used to accesses various fields of environmental problems. Congruously in this Policy Paper, a specific instrument of EU Environmental Policy is chosen to be analysed and finally evaluated by its performances and capabilities as operational policy instrument. In the course of the seminar, the preservative subject area of Climate Policy has crystallised as an emerged and large-scaled subject to EU Environmental Policy. EU Climate Policy contacts nearly every field in European environmental adoption. Facing the latest scientific prognoses and reviewing European as well as common global environmental activity - the abatement of Climate Change appears to be one of the most superordinated aims. Hence, this policy topic especially defies an exemplary investigation on how EU policy-making proceeds, to protect environment in anent to a current issue. At present, the EU Emissions Trade System / -Scheme (EU ETS) as one of the most expansive pillars to the Union's Climate Policy and concurrently the most comprehensive global ETS, is ought to be completed within its second (of three) phases of development. The integration of EU-wide aviation into the system of EU ET proceeding since 2003 is a main part to the future enterprise in expanding EU Climate Policy. Within this step of integration the EU has declared its ambition to take a pioneering task in combating global Climate Change until 2020. During the current decade, critical scientists appraise the realisation of those aims as an impossible scenario for near future (Ha
Book Synopsis The European Emission Trading System and Its Followers by : Simone Borghesi
Download or read book The European Emission Trading System and Its Followers written by Simone Borghesi and published by Springer. This book was released on 2016-04-16 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Climate Change and the International Carbon Market by : Warren Bell
Download or read book Climate Change and the International Carbon Market written by Warren Bell and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under a global climate regime, market-based approaches have the potential to significantly reduce the costs and increase the feasibility of achieving the deep long-term reductions required to address the risks of climate change. [...] This feature has been referred to as the "genius" of Kyoto.3 The carbon constraints derived from the Protocol have resulted in the establishment of national and international trading schemes for private sector entities, such as the EU Emissions Trading Scheme (EU-ETS). [...] Proposals for "greening AAUs" (also known as Green Investment Schemes or GIS) have emerged as a result of a desire on the part of the Annex I buyers (primarily the EU, Canada and Japan) to enhance the political acceptability of purchasing AAUs of certain EIT countries when these are seen as deriving from the decline of their economies subsequent to the Kyoto target base year. [...] In the three and a half years since the adoption of the Marrakech Accords in 2001, the majority of experience with the Kyoto mechanisms has been gained in the CDM. [...] The CDM is the most fully developed of the three mechanisms and the most complex.
Book Synopsis Research Handbook on Emissions Trading by : Stefan E. Weishaar
Download or read book Research Handbook on Emissions Trading written by Stefan E. Weishaar and published by Edward Elgar Publishing. This book was released on 2016-12-30 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading. It pursues an interdisciplinary approach drawing on law, economics and at times, political science, to present relevant research strands regarding emissions trading. Intermixing theoretical insights with experiences from existing trading systems, this Handbook offers insights that can be applied around the world. It identifies key bodies of research for both upcoming and seasoned people in the field and highlights future research opportunities.
Book Synopsis The Incorporation of Aviation into the EU ́s Emissions Trading System by : Mathias van Driel
Download or read book The Incorporation of Aviation into the EU ́s Emissions Trading System written by Mathias van Driel and published by GRIN Verlag. This book was released on 2010-07-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Politics - Environmental Policy, grade: 1,3, University of Münster, language: English, abstract: Within the scope of this course the presentation results from the commissioned group works, divided into thematic clusters - supplemented by active discussions - have acuminated the view on contents and concepts of this issued EU Policy. In doing so, it was a major aim to analyse political instruments within the EU, used to accesses various fields of environmental problems. Congruously in this Policy Paper, a specific instrument of EU Environmental Policy is chosen to be analysed and finally evaluated by its performances and capabilities as operational policy instrument. In the course of the seminar, the preservative subject area of Climate Policy has crystallised as an emerged and large-scaled subject to EU Environmental Policy. EU Climate Policy contacts nearly every field in European environmental adoption. Facing the latest scientific prognoses and reviewing European as well as common global environmental activity - the abatement of Climate Change appears to be one of the most superordinated aims. Hence, this policy topic especially defies an exemplary investigation on how EU policy-making proceeds, to protect environment in anent to a current issue. At present, the EU Emissions Trade System / -Scheme (EU ETS) as one of the most expansive pillars to the Union’s Climate Policy and concurrently the most comprehensive global ETS, is ought to be completed within its second (of three) phases of development. The integration of EU-wide aviation into the system of EU ET proceeding since 2003 is a main part to the future enterprise in expanding EU Climate Policy. Within this step of integration the EU has declared its ambition to take a pioneering task in combating global Climate Change until 2020. During the current decade, critical scientists appraise the realisation of those aims as an impossible scenario for near future (Hahn 2006 / Brockhagen 2004). Not less, within this EU-wide expansion plans the EU ETS is ought to cover and regulate a mobile pollution sector, which has grown eminently during the last decade and as so far has enjoyed special status to national politics.
Book Synopsis The EU's Emissions Trading Scheme by : A. Denny Ellerman
Download or read book The EU's Emissions Trading Scheme written by A. Denny Ellerman and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union's Emission Trading Scheme (EU ETS) is the world's first multinational cap-and-trade system for greenhouse gases. As an agreement between sovereign nations with diverse historical, institutional, and economic circumstances, it can be seen as a prototype for an eventual global climate regime. Interestingly, the problems that are often seen as dooming a global trading system - international financial flows and institutional readiness - haven't appeared in the EU ETS, at least not yet. The more serious problems that emerge from the brief experience of the EU ETS are those of (1) developing a central coordinating organization, (2) devising side benefits to encourage participation, and (3) dealing with the interrelated issues of harmonization, differentiation, and stringency. The pre-existing organizational structure and membership benefits of the European Union provided convenient and almost accidental solutions to the need for a central institution and side benefits, but these solutions will not work on a global scale and there are no obvious substitutes. Furthermore, the EU ETS is only beginning to test the practicality of harmonizing allocations within the trading system, differentiating responsibilities among participants, and increasing the stringency of emissions caps. The trial period of the EU ETS punted on these problems, as was appropriate for a trial period, but they are now being addressed seriously. From a global perspective, the answers that are being worked out in Europe will say a great deal about what will be feasible on a broader, global scale.
Book Synopsis The EU Emission Trading Scheme by : A. Denny Ellerman
Download or read book The EU Emission Trading Scheme written by A. Denny Ellerman and published by . This book was released on 2008 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world's first multi-national cap-and-trade system for regulating greenhouse gas (GHG) emissions, the European Union's Emission Trading Scheme (EU ETS) can be seen as a prototype for an eventual global climate regime. This paper draws on the first four years of experience with the EU ETS to develop insights about the challenges that can be expected to emerge in a broader program and to suggest potential solutions.
