Cap and Trade Articles

  • Emissions Trading (Cap and Trade)

    The Kyoto Protocol, adopted by 170 nations but not the US, established the initial carbon trading market. The goal of an emissions trading plan is to reduce emissions of greenhouse gases. Typically, a government agency sets an annual limit (cap) on the amount of emissions generated. Companies that emit greenhouse gases are given credits or allowances which represent the right to emit a ...


    By BSC Sustainability Services

  • The Bottom Line Series: Cap-and-trade

    Cap-and-trade programs are the foundation of many climate policy proposals and have been a focus of debate in state, regional, and national legislatures. This fact sheet provides answers to some of the basic questions about cap-and-trade programs and reviews how such a system might work in the United States. What is a cap-and-trade program? A cap-and-trade program sets a maximum limit, or a ...

  • Efficiency left out of cap and trade

    Waxman/Markey’s climate change bill is about 1,400 pages. Its length and complexity, alone, provides fuel for its opponents. Would it stand a better chance of enactment if it encompassed less?For example, would it have been wiser if Congress pursued cap and trade one year and a renewable energy standard another? I’ve asked this question a lot during interviews the past few weeks, and received a ...

  • Efficiency’s role in carbon cap-and-trade

    We hear a lot about how efficiency will play an increasingly important role as the United States undertakes efforts to reduce carbon dioxide emissions. But how does that play out in a practical sense under cap-and-trade programs?The Offset Quality Initiative provides insight in a new white paper on greenhouse gas offsets: ...

  • CBI calls for a global cap-and-trade scheme

    CBI calls for a global cap-and-trade scheme and voice concerns at government plans to impose a new per-plane tax on ...


    By Vital Efficienci Ltd.

  • Bottom line on regional cap-and-trade programs

    Three regional greenhouse gas cap-and-trade programs are either in the planning stages or operational in North America. This brief discusses each of the programs. What is happening on the regional level and why is this significant? Twenty-three U.S. states and four Canadian provinces are actively participating in the design and implementation of three regional cap-and-trade programs to ...

  • California’s cap-and-trade program makes encouraging headway

    As the federal government gets started implementing a national Climate Action Plan, the country’s boldest state-level experiment is making strong progress. Yesterday, California announced the results of its ...

  • Cap and trade: early action `bonuses` under the Lieberman-Warner Bill

    Although it is likely to be several years before a national cap-and-trade program is up and running, there are good reasons for companies that would be subject to greenhouse gas emission caps to start taking inventory of their emissions. The authors note that under legislation pending in Congressespecially the Lieberman-Warner bill in the Senatesignificant opportunities exist for companies to ...


    By Bloomberg BNA

  • California explores a state-wide cap-and-trade system for air emissions

    Stakeholders were given the opportunity to provide specific technical input concerning various elements of the program design that may become part of the Assembly Bill (AB) 32 Scoping Plan. AB 32 includes specific criteria that the Californian Air Resources Board (ARB) must consider before using market-based measures to implement AB 32, and ARB will evaluate a possible cap-and-trade system ...

  • Federalism in the greenhouse: Defining a role for states in a federal cap-and-trade program

    Defining a role for states within a federal cap-and-trade program will require balancing the benefits of preserving states’ ability to innovate and spur emissions reductions with the challenges that state-by-state regulation may create for some businesses. Finding the approach that draws on the unique strengths of each level of government will help ensure a more effective nationwide ...

  • Cap-and-trade and carbon tax: time for another look at the relative costs

    The author of this article describes findings by the Congressional Budget Office and others that a carbon tax would be less costly than cap-and-trade in achieving any given level of greenhouse gas reductions. Noting there now may be political space to address cost differences between the version of cap-and-trade in the Waxman-Markey Bill (H.R. 2454) and a tax, the author says that a widened ...


    By Bloomberg BNA

  • Carbon cap and boom?

    If we try to reduce greenhouse gases, the economy will take a hit, according to conventional wisdom. The Energy Information Administration bolstered the notion this week by reporting that energy prices would rise for the average US family by $142 in 2020 and $583 in 2030 under the House cap and trade bill passed in late June. Steven Chu, US energy secretary, tried to soften the blow by saying ...

  • Europe's global responsibility to govern trade and investment sustainably: climate, capital, CAP and Cotonou

    This paper examines the progress made towards forging a Sustainable Development Strategy of the European Union on the basis of three structures of the global economy: Trade, Investment and Knowledge Generation. It identifies deficits in all three, and cites alternatives for improvement such as acknowledging ecological debt and setting up a Global Marshall Plan. It outlines how, over the medium ...


    By Inderscience Publishers

  • `Landmark 2008 Energy Legislation - A Perspective on Cap-and-Trade,` presented at the Florida Environmental School, July 2008

    Agenda A Federal Perspective on Cap and Trade Florida Energy Legislation and Cap and Trade Details Program Design Considerations S.3036 – Lieberman-Warner Climate Security Act Emission Targets Between 2005 and 2012: 5,775 million metric tons of CO2equivalent, the estimated levels ...


    By Trinity Consultants

  • Water Use in the Mining Industry

    Freshwater resources are protected as industry begins to put emphasis on sustainability The mining industry has a great impact on water resources, both depleting water supplies with high usage and polluting them with discharges or seepage from tailings or waste rock impoundments. ...


    By Fluence Corporation

  • EU emissions trading scheme

    The next couple of years will be crucial for the future of trading greenhouse gases (GHGs). Europe is reviewing the way its trading system operates to address the lessons it has learned to date and increasingly others are designing and implementing trading programs. New Zealand has recently published its proposals, Australia is looking at how it would implement a trading system, and a growing ...

  • Emissions Trading, the economy and the environment

    John Kinsman reviews the successes of emissions trading and rebuts fears that trading might lead to localised ‘hot spots’ The US Acid Rain Program, established in 1990 to reduce sulphur dioxide (SO2) and nitrogen oxides (NOx) from electric power plants across the ...

  • Trading NOx in the North-east USA

    Controlling ozone raises thorny issues. Daniel Chartier examines the US ‘cap and trade’ approach to the problem. The problem of ozone in the Northeastern US has been a persistent one. Throughout the North-eastern and Mid-Atlantic US the federal National Ambient Air Quality Standard (NAAQS) for ground level ozone is exceeded repeatedly each summer.  Despite attempts to deal with the ozone ...

  • Environment, energy & emissions trading Brief Summer 2009

    In this inaugural issue of Environment, Energy & Emissions Trading Brief, Henry Krupa provides a synopsis of Ontario’s Green Energy and Green Economy Act, which will foster renewable energy projects and promote energy conservation in Ontario, among other things. Then, David Thring discusses the Ontario government’s proposed legislation to establish a capand trade system to reduce greenhouse ...


    By McMillan LLP

  • The role of emissions trading in implementing the UN Climate Convention

    The Kyoto Protocol to the UN Climate Convention allows countries to meet greenhouse gas emission commitments in part through emissions trading. There is no precedent for a global regime and only the USA has domestic experience. The USA would prefer minimal constraints on greenhouse gas trading. The EU would like rules guaranteeing that trading will be supplemental to domestic action and that ...


    By Inderscience Publishers

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