Emissions trading
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Emissions trading lessons learned from the European Union and Kyoto Protocol climate change programs by Ervin Nagy

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Published by Nova Science Publishers Inc. in New York .
Written in English


  • Law and legislation,
  • Government policy,
  • Emissions trading,
  • Climatic changes

Book details:

Edition Notes

Includes bibliographical references and index.

StatementErvin Nagy and Gisella Varga, editors
SeriesClimate change and its causes, effects and prediction series
LC ClassificationsHC79.P55 E519 2009
The Physical Object
Paginationx, 133 p. :
Number of Pages133
ID Numbers
Open LibraryOL25247913M
ISBN 101607411946
ISBN 109781607411949
LC Control Number2012360308

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  Emissions Trading book. Read reviews from world’s largest community for readers. First published in , Emissions Trading was a comprehensive review of /5. The experience to date shows that, if well designed, emissions trading systems (ETS) can be an effective, credible, and transparent tool for helping to achieve low-cost emissions reductions in ways that mobilize private sector actors, attract investment, and . A critical issue in dealing with climate change is deciding who has a right to emit carbon dioxide. Allocation in the European Emissions Trading Scheme provides the first in-depth description and analysis of the process by which rights to emit carbon dioxide were created and distributed in the European Union. Emissions trading, an environmental policy that seeks to reduce air pollution efficiently by putting a limit on emissions, giving polluters a certain number of allowances consistent with those limits, and then permitting the polluters to buy and sell the allowances. The trading of a finite number of allowances results in a market price being put on emissions, which enables polluters to work.

About the book: The European Union's Emissions Trading Scheme (EU ETS) is the world's largest market for carbon and the most significant multinational initiative ever taken to mobilize markets to protect the will be an important influence on the development and implementation of trading schemes in the US, Japan, and elsewhere. However, as is true of .   Project-based emissions trading, such as JI and CDM projects under the Kyoto Protocol, is a variant of credit trading (which is less efficient and effective than permit trading, as discussed above).Both credit trading and emission reduction projects allow for the transfer of credits, but projects usually require pre-approval to check the environmental integrity of the . Emissions trading (also known as cap and trade) is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants.. A central authority (usually a governmental body) allocates or sells a limited number of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Daniel Vallero, in Fundamentals of Air Pollution (Fifth Edition), Averaging, Banking, and Trading Emissions. Emissions trading programs generally can be accomplished by netting, offsets, bubbles, and banking. Netting allows large new sources and major modifications of existing sources to be exempted from certain review procedures if existing emissions .

"The Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading. It pursues an interdisciplinary approach drawing upon law, economics and, at times, political science, to present relevant research strands in a clear and multifaceted way. 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 . Carbon emissions trading is a form of emissions trading that specifically targets carbon dioxide (calculated in tonnes of carbon dioxide equivalent or tCO 2) and it currently constitutes the bulk of emissions trading.. This form of permit trading is a common method countries utilize in order to meet their obligations specified by the Kyoto Protocol; namely the reduction of carbon .   For her part, Knox-Hayes says she hopes readers will also engage in the book’s concluding discussion about what she calls the “materiality of environmental markets,” that is, the issue of how many kinds of financial instruments should be used within emissions trading.