Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

In 2012, Australia took the major step of introducing a carbon price, involving the creation of a system of emissions permits initially issued at a fixed price. Carbon Pricing brings together experts instrumental in the development, and operation, of Australia's carbon policy who have played a significant role in the broader debate over climate change policy. Together they have achieved an in-depth analysis of Australia's policy stance on pricing carbon and its implications for the wider economy. While the future of carbon pricing is itself unclear in Australia, the experiences, insights and conclusions outlined herein will prove invaluable to a global audience. The assessment of the initial operation of the carbon price provides a wide range of insights into the problems of mitigating climate change, and the prospects for the future. The critical analysis will provide a valuable resource to inform wider international debates concerning alternative mechanisms for internalising the carbon externality, tax reform, climate scepticism and carbon farming initiatives. With its interdisciplinary approach, Carbon Pricing, will appeal to scholars and researchers of economics in general and climate change, natural resources and energy policy in particular. Those organisations and policymakers involved in similar experiments and processes in other countries will find the experiences and analysis invaluable.

Carbon offsetting --- Emissions trading

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The last ten years have seen the growth of linkages between many of the world's cap-and-trade systems for greenhouse gases (GHGs), both directly between systems, and indirectly via connections to credit systems such as the Clean Development Mechanism. If nations have tried to act in their own self-interest, this proliferation of linkages implies that for many nations, the expected benefits of linkage outweighed expected costs. In this paper, we draw on the past decade of experience with carbon markets to test a series of hypotheses about why systems have demonstrated this revealed preference for linking. Linkage is a multi-faceted policy decision that can be used by political jurisdictions to achieve a variety of objectives, and we find evidence that many economic, political, and strategic factors -- ranging from geographic proximity to integrity of emissions reductions -- influence the decision to link. We also identify some potentially important effects of linkage, such as loss of control over domestic carbon policies, which do not appear to have deterred real-world decisions to link. These findings have implications for the future role that decentralized linkages may play in international climate policy architecture. The Kyoto Protocol has entered what is probably its final commitment period, covering only a small fraction of global GHG emissions. Under the Durban Platform for Enhanced Action, negotiators may now gravitate toward a hybrid system, combining top-down elements for establishing targets with bottom-up elements of pledge-and-review tied to national policies and actions. The incentives for linking these national policies are likely to continue to produce direct connections among regional, national, and sub-national cap-and-trade systems. The growing network of decentralized, direct linkages among these systems may turn out to be a key part of a future hybrid climate policy architecture.

Climatic changes. --- Emissions trading. --- Greenhouse gas mitigation.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

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.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

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

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Too often amongst policy makers and thought leaders an assumption is made that we must make a choice between tackling climate change and having a strong economy; tackling climate change and allowing poorer nations to develop; tackling climate change and having a secure energy system. However, a decade of advanced modelling tested against historical data has provided wide evidence that well-chosen policies can be implemented that avoid these apparent either/or choices. This highly interdisciplinary book provides an overview of potential pathways for the decarbonisation of the global economy. By

Carbon dioxide mitigation --- Emissions trading. --- Carbon offsetting. --- Environmental policy --- Climatic changes --- Energy policy --- Carbon offset trade --- Carbon trading --- Emissions trading --- Air --- Emissions credit trading --- Emissions rights trading --- Marketable permits for carbon dioxide emissions --- Tradeable emission permits --- Trading emissions credits --- Carbon offsetting --- Carbon taxes --- Atmospheric carbon dioxide mitigation --- Carbon dioxide capture --- Mitigation of carbon dioxide --- Pollution prevention --- Economic aspects. --- Environmental aspects. --- Pollution --- Economic aspects --- Environmental aspects --- E-books