Carbon Trading Law and Practice

Carbon Trading Law and Practice
Author: Scott Deatherage
Publisher: OUP USA
Total Pages: 0
Release: 2011-05-05
Genre: Law
ISBN: 9780199732210

In Carbon Trading Law and Practice, author Scott D. Deatherage provides practitioners with a comprehensive practical guide to the US and international practice of carbon emissions trading. The book includes a comprehensive examination of climate change, emissions trading, international and EU law, other reduction programs, carbon credit financing, and the US regulatory regime for emissions trading.

Emissions Trading

Emissions Trading
Author: Thomas Tietenberg
Publisher: Routledge
Total Pages: 249
Release: 2010-09-30
Genre: Business & Economics
ISBN: 1136526196

First published in 1985, Emissions Trading was a comprehensive review of the first large-scale attempt to use economic incentives in environmental policy in the U.S. and of the empirical and theoretical research on which this approach is based. Since its publication it has consistently been one of the most widely cited works in the tradable permits literature. The second edition of this classic study of pollution reform considers how the use of transferable permits to control pollution has evolved, looks at how these programs have been implemented in the U.S. and internationally, and offers an objective evaluation of the resulting successes, failures, and lessons learned over the last twenty-five years.

European Emissions Trading in Practice

European Emissions Trading in Practice
Author: Stefano Clò
Publisher: Edward Elgar Pub
Total Pages: 182
Release: 2011
Genre: Law
ISBN: 9780857934420

This text analyses the functioning of the European Emissions Trading Scheme and assesses the extent to which relevant legislation has affected its capacity to promote cost-effective reduction of European carbon emissions.

Research Handbook on Emissions Trading

Research Handbook on Emissions Trading
Author: Stefan E. Weishaar
Publisher: Edward Elgar Publishing
Total Pages: 381
Release: 2016-12-30
Genre: Law
ISBN: 1784710628

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.

Emissions Trading Schemes and Their Linking

Emissions Trading Schemes and Their Linking
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 114
Release: 2016-04-01
Genre: Technology & Engineering
ISBN: 929257373X

Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and therefore must play its part in cutting GHG emissions. The Paris Agreement adopted last December 2015 at the United Nations Framework Convention on Climate Change COP21 aims to restrict global warming to well below 2°C above preindustrial levels and to pursue efforts to reach 1.5°C---which is especially relevant to Asia and the Pacific region given its vulnerability. This knowledge product highlights how robust policies on emissions trading systems (ETS) can be important tools in reducing GHG emissions in a cost-effective manner, as well as supporting the mobilization of finance together with deployment of innovative technologies. There are currently 17 ETSs in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there are 11 systems operating, with more being planned. The growing wealth of experience on ETSs can be valuable to support DMCs that are planning and designing new systems of their own. This knowledge product summarizes some of the most significant learning experiences to date and discusses some of the solutions to alleviate challenges that have been faced. It also examines the possibilities for future linked carbon markets in the region.

Climate Change and European Emissions Trading

Climate Change and European Emissions Trading
Author: Michael G. Faure
Publisher: Edward Elgar Publishing
Total Pages: 425
Release: 2008
Genre: Business & Economics
ISBN: 1848446039

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.

Carbon Markets

Carbon Markets
Author: Arnaud Brohé
Publisher: Routledge
Total Pages: 336
Release: 2012-05-16
Genre: Business & Economics
ISBN: 1136570233

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

Environmental Commodities Markets and Emissions Trading

Environmental Commodities Markets and Emissions Trading
Author: Blas Luis Pérez Henríquez
Publisher: Routledge
Total Pages: 298
Release: 2013
Genre: Business & Economics
ISBN: 1617260940

Market-based solutions to environmental problems offer great promise, but require complex public policies that take into account the many institutional factors necessary for the market to work and that guard against the social forces that can derail good public policies. Using insights about markets from the new institutional economics, this book sheds light on the institutional history of the emissions trading concept as it has evolved across different contexts. It makes accessible the policy design and practical implementation aspects of a key tool for fighting climate change: emissions trading systems (ETS) for environmental control. Blas Luis Pérez Henríquez analyzes past market-based environmental programs to extract lessons for the future of ETS. He follows the development of the emissions trading concept as it evolved in the United States and was later applied in the multinational European Emissions Trading System and in sub-national programs in the United States such as the Regional Greenhouse Gas Initiative (RGGI) and California's ETS. This ex-post evaluation of an ETS as it evolves in real time in the real world provides a valuable supplement to what is already known from theoretical arguments and simulation studies about the advantages and disadvantages of the market strategy. Political cycles and political debate over the use of markets for environmental control make any form of climate policy extremely contentious. Pérez Henríquez argues that, despite ideological disagreements, the ETS approach, or, more popularly, 'cap-and-trade' policy design, remains the best hope for a cost-effective policy to reduce GHG emissions around the world.

Carbon Markets Around the Globe

Carbon Markets Around the Globe
Author: Rudolph, Sven
Publisher: Edward Elgar Publishing
Total Pages: 272
Release: 2021-09-09
Genre: Law
ISBN: 1839109092

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.

Climate Change

Climate Change
Author: Paul Watchman
Publisher: Globe Law and Business Limited
Total Pages: 0
Release: 2008
Genre: Law
ISBN: 9781905783120

The development of the carbon markets on the back of laws designed to mitigate climate change has been swift. Billions of euros of emission rights are now being traded around the world under cap and trade markets such as the EU Emissions Trading Scheme and from projects under the Kyoto Protocol. This market looks set to expand significantly over the next few years, with a number of countries, including the United States and Australia, considered likely to introduce market-based climate change mitigation measures. In addition, climate change issues are now impacting on a number of other more traditional practice areas for lawyers, including litigation, transactional work and real estate. This important new title introduces climate change law and describes how it has evolved. The book describes how carbon projects - particularly those under the Kyoto Protocol - are set up and operated, and how the credits from those projects are brought to the market. It also describes the operation of the carbon markets, with an exploration of how the current markets may be expanded to create a global market in the future. The final part considers how climate change issues are impacting on other areas such as accountancy and taxation, corporate social responsibility, transactions, litigation, competition and real estate. This book provides an in-depth overview of the current climate change issues facing lawyers and other professionals, including accountants, consultants, bankers and tax advisers. It provides a valuable source of information for those new to this fast-evolving sector through to more experienced climate change professionals.