The Eu S Emissions Trading Scheme As A Climate Protection Instrument How It Works And How To Improve It
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The Eu S Emissions Trading Scheme As A Climate Protection Instrument How It Works And How To Improve It
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Author : Lukas Melhus
language : en
Publisher: GRIN Verlag
Release Date : 2022-06-09
The Eu S Emissions Trading Scheme As A Climate Protection Instrument How It Works And How To Improve It written by Lukas Melhus and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-09 with Business & Economics categories.
Seminar paper from the year 2021 in the subject Economics - Macro-economics, general, grade: 1,0, Baden-Wuerttemberg Cooperative State University (DHBW), language: English, abstract: Simply put, emissions trading is a governmental instrument or framework to reduce pollutant emissions. While such trading has seen popularity in recent years, the broad concept has been around for quite some time. In 1968, Canadian economist John Dales argued that a government should issue a certain number of pollution rights certificates and offer them for sale, while at the same time enacting a law mandating anyone discharging a certain amount of waste in a given year to own one or more pollution rights for the whole year. He further argued that this framework would benefit by having the price determined by competition between buyers and sellers of rights rather than a person or authority.4 The fundamental idea behind emissions trading has remained the same to this day. At the end of the 1960s, the United States of America were the first to experiment with governmental trading schemes.5,6,7 During the Carter administration, the US Environmental Protection Agency (EPA) continued to expand these pollution control mechanisms, notably using them to reduce and ultimately stop the use of leaded petrol in the 1980s.8 Emissions trading schemes continued to be popular in the US and were used by the following administrations.
An Introduction To Climate Change Economics And Policy
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Author : Felix FitzRoy
language : en
Publisher: Earthscan
Release Date : 2010
An Introduction To Climate Change Economics And Policy written by Felix FitzRoy and has been published by Earthscan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
An introduction to the economic and policy aspects of climate change that assumes no prior knowledge, this title covers the main policies needed to control climate change including carbon taxes, renewable energy subsidies and demand management.
The Oxford Handbook Of International Climate Change Law
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Author : Cinnamon Piñon Carlarne
language : en
Publisher: Oxford University Press
Release Date : 2016
The Oxford Handbook Of International Climate Change Law written by Cinnamon Piñon Carlarne and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Law categories.
As the threats posed by changing weather patterns are becoming more apparent, climate change law has emerged as an important area of law in its own right. This Handbook provides a comprehensive understanding of this growing subject, setting out the key institutions and processes, and featuring interdisciplinary insights from leading experts.
The Role Of Carbon Markets In Preventing Dangerous Climate Change
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Author : Great Britain: Parliament: House of Commons: Environmental Audit Committee
language : en
Publisher: The Stationery Office
Release Date : 2010-02-08
The Role Of Carbon Markets In Preventing Dangerous Climate Change written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-08 with Science categories.
Emissions trading is central to the Government's efforts to reduce greenhouse gas emissions in the UK. This inquiry examines the prospects for a global carbon market and the implications of this for further development of the European Union Emissions Trading System (EU ETS). It reviews the impact and future prospects for the EU ETS in meeting the Government's twin objectives of reducing emissions at lowest cost and setting a carbon price that delivers investment in low-carbon technologies. The EU ETS has emissions caps set too high to force emitters to make the often costly investment decisions which would reduce emissions. The recession has only served to loosen what little constraint the cap provided. The carbon price has been too low to encourage the necessary investment in low-carbon processes and infrastructure. The cap mechanism therefore needs to be significantly tightened. This should be supported by cancelling 'new entrant reserve' allowances and auctioning as many allowances as possible, rather than giving them away for free (with the revenues possibly hypothecated to climate change measures). The Government should explore the possible use of a carbon tax. It should also encourage more use of allowance auctions with reserve prices, more use of incentives for low-carbon power generation and emissions performance standards for electricity generation. The emphasis should also be on harmonising the approach internationally, and on extending effective emissions trading systems. The Committee lists 19 conclusions and recommendations.
Managing Climate Risk In The U S Financial System
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Author : Leonardo Martinez-Diaz
language : en
Publisher: U.S. Commodity Futures Trading Commission
Release Date : 2020-09-09
Managing Climate Risk In The U S Financial System written by Leonardo Martinez-Diaz and has been published by U.S. Commodity Futures Trading Commission this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-09 with Science categories.
This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
The European Union As A Leader In International Climate Change Politics
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Author : Rüdiger Wurzel
language : en
Publisher: Routledge
Release Date : 2010-11-01
The European Union As A Leader In International Climate Change Politics written by Rüdiger Wurzel and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-01 with Political Science categories.
Climate change poses one of the biggest challenges facing humankind. The European Union (EU) has developed into a leader in international climate change politics although it was originally set up as a ‘leaderless Europe’ in which decision-making powers are spread amongst EU institutional, member state and societal actors. The central aim of this book, which is written by leading experts in the field, is to explain what kind of leadership has been offered by EU institutional, member state and societal actors. Although leadership is the overarching theme of the book, all chapters also address ecological modernisation, policy instruments, and multi-level governance as additional main themes. The book chapters focus on the Commission, European Parliament, European Council and Council of Ministers as well as member states (Britain, Germany, France, the Netherlands, Poland and Spain) and societal actors (businesses and environmental NGOs). Additional chapters analyse the EU as a global actor and the climate change policies of America and China and how they have responded to the EU’s ambitions. This book will be of interest to students and scholars of environmental politics, EU politics, comparative politics and international relations as well as to practitioners who deal with EU and/or climate change issues.
The Eu And Climate Change
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Author : Great Britain. Parliament. House of Lords. European Union Committee
language : en
Publisher: The Stationery Office
Release Date : 2004
The Eu And Climate Change written by Great Britain. Parliament. House of Lords. European Union Committee and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Political Science categories.
Inquiry conducted by Sub-committee D (Environment and Agriculture). With correction slip dated November 2004
Norway Emission Trading Laws Regulations And Programs Handbook Volume 1 Strategic Information And Basic Regulations
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Author : IBP USA
language : en
Publisher: Lulu.com
Release Date :
Norway Emission Trading Laws Regulations And Programs Handbook Volume 1 Strategic Information And Basic Regulations written by IBP USA and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Meeting The Aspirations Of The British People
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Author : Great Britain. Treasury
language : en
Publisher: The Stationery Office
Release Date : 2007-10-09
Meeting The Aspirations Of The British People written by Great Britain. Treasury and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-09 with Business & Economics categories.
The Government's objective is to build a strong economy and a fair society, in which there is opportunity and security for all. The 2007 Pre-Budget Report and Comprehensive Spending Review, 'Meeting the aspirations of the British People' (Cm 7227), presents updated assessments and forecasts of the economy and public finances, describes reforms that the Government is making and sets out the Government's priorities and spending plans for the years 2008-09, 2009-10 and 2010-11, including: maintaining macroeconomic stability; investing in the future with total public spending rising from £589bn in 2007-08 to £678bn in 2010-11 including an additional £2bn for capital investment in public services; continuing the sustained investment in the NHS, with resources rising from £90bn in 2007-08 to £110bn by 2010-11 and with value for money savings of at least £8.2bn contributing to the funding of the conclusions of the Darzi Review 'Our NHS, our future'; further sustained increases in resources for education, science, transport, housing, child poverty, security and international poverty reduction and the 2012 Olympic and Paralympic Games; simplifying the tax system to make it fairer, simpler and more efficient; modernising the tax system through major reforms to inheritance tax and capital gains tax; steps to protect the environment, including reforms of the tax regime for aviation and a new Environmental Taxation Fund to support the demonstration and deployment of new energy and efficiency technologies. For related publications, see 9780102944556 (2007 Budget Statement), 9780101698429 (2006 Pre-Budget), and for the Darzi Review see (http://www.ournhs.nhs.uk/files/283411_OurNHS_v3acc.pdf)
Emissions Trading Schemes
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Author : Sanja Bogojevic
language : en
Publisher: Bloomsbury Publishing
Release Date : 2013-07-04
Emissions Trading Schemes written by Sanja Bogojevic and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-04 with Law categories.
Over the last four decades emissions trading has enjoyed a high profile in environmental law scholarship and in environmental law and policy. Much of the discussion is promotional, preferring emissions trading above other regulatory strategies without, however, engaging with legal complexities embedded in conceptualising, scrutinising and managing emissions trading regimes. The combined effect of these debates is to create a perception that emissions trading is a straightforward regulatory strategy, imposable across various jurisdictions and environmental settings. This book shows that this view is problematic for at least two reasons. First, emissions trading responds to distinct environmental and non-environmental goals, including creating profit-centres, substituting bureaucratic control of resources, and ensuring regulatory compliance. This is important, as the particular purpose entrusted to a given emissions trading regime has, as its corollary, a particular governance structure, according to which the regime may be constructed and managed, and which trusts the emissions market, the state and rights in emissions allowances with distinct roles. Second, the governance structures of emissions trading regimes are culture-specific, which is a significant reminder of the importance of law in understanding not only how emissions trading schemes function but also what meaning is given to them as regulatory strategies. This is shown by deconstructing emissions trading discourses: that is, by inquiring into the assumptions about emissions trading, as featuring in emissions trading scholarship and in debates involving law and policymakers and the judiciary at the EU level. Ultimately, this book makes a strong argument for reconfiguring the common understanding of emissions trading schemes as regulatory strategies, and sets out a framework for analysis to sustain that reconfiguration.