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Emissions trading --- Carbon taxes --- Air quality management --- Greenhouse gas mitigation
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KlappentextWith a substantial project pipeline and more than 500 million Certified Emission Reductions issued to date, the Clean Development Mechanism (CDM) has rapidly become a central pillar of the international carbon market. While this success testifies to its appeal for investors and project developers, growing criticism has been directed against a number of perceived shortcomings, from disappointing environmental and development benefits to cumbersome approval procedures and flawed governance structures.In this new collection of essays, more than twenty recognized experts
Climatic changes --- Emissions trading --- Global warming --- Law and legislation.
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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.
Emissions trading --- Emissions trading. --- Air --- Emissions credit trading --- Emissions rights trading --- Marketable permits for carbon dioxide emissions --- Tradeable emission permits --- Trading emissions credits --- Environmental policy --- Carbon offsetting --- Carbon taxes --- Pollution --- Business, Economy and Management --- Economics --- Emissions trading - United States --- Emissions trading - European Union countries
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Emissions trading --- Carbon offsetting --- Climatic changes --- Aircraft exhaust emissions --- Greenhouse gas mitigation
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Emissions trading --- Climatic changes --- Economic aspects --- Law and legislation --- Government policy
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A significant volume of literature already exists concerning the inclusion of aviation in the EU-ETS. Most of the research laid its focus on specific industry levels such as the individual airline, the aviation industry in general or macroeconomic aspects. In this context, these studies tried to anticipate market reactions triggered by the EU-ETS by analyzing specific issues such as the financial impact on airlines, changes in competitive behavior or implications for the overall industry development. As a consequence, the existing studies took only a limited market view and made assumptions ab
Aeronautics, Commercial --- Aircraft exhaust emissions --- Emissions trading --- Law and legislation --- Law and legislation.
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The European Union's Emissions Trading System (EU ETS) is the world's largest carbon trading market. This book offers a new perspective on the EU ETS as a multi-level governance regime, in which the regulatory process is composed of three distinct 'competences' - norm setting, implementation, and enforcement. Are these competences best combined in a single regulator at one level of government or would they be better allocated among a variety of regulators at different levels of government? The combined legal, economic, and political analysis in this book reveals that the actual allocation of competences within the EU ETS diverges from a hypothetical ideal allocation in important ways, and provides a political economy explanation for the existing allocation of norm setting, implementation and enforcement competences among various levels of European government.
Economic law --- Relation between energy and economics --- European Union --- Emissions trading --- Climatic changes --- Jurisdiction --- Law and legislation --- Government policy --- Emissions trading - Law and legislation - European Union countries --- Climatic changes - Government policy - European Union countries --- Jurisdiction - European Union countries
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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%.
Emissions trading. --- Deforestation --- Control. --- Control of deforestation --- Forest conservation --- Forest protection --- Air --- Emissions credit trading --- Emissions rights trading --- Marketable permits for carbon dioxide emissions --- Tradeable emission permits --- Trading emissions credits --- Environmental policy --- Carbon offsetting --- Carbon taxes --- Pollution --- Emissions trading
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