Carbon Trading Scheme Articles on Environmental XPRT

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 ...

Feb. 1, 2008

By Air & Waste Management Association (A&WMA)

Australian emissions trading scheme review

The Garnaut Climate Change Review’s approach to mitigation was initially set out in the Interim Report in February 2008. This paper focuses on the key role for an emissions trading scheme (ETS) in those mitigation efforts. It recommends an approach for Governments to consider in developing and delivering an effective ETS. Further consideration, informed by detailed economic modelling, will be ...

Mar. 1, 2008

By International Emissions Trading Association (IETA)

The state of carbon finance in Europe: a 'SWOT' analysis of the EU's Emissions Trading Scheme

As Phase III of the European Union's Emissions Trading Scheme (EU ETS) will begin in January 2012 when airlines operating flights to or from Europe will have to buy carbon permits to help offset their emissions under EU legislation, carbon finance and trading in Europe is set to proceed to a new horizon. Launched in January 2005, EU ETS is one of the established multilateral measures in the ...

Jan. 3, 2012

By Inderscience Publishers

The emerging issue of the emissions trading schemes in Europe and Australia

This report covers an overview of the origins of the carbon trading market and the mechanics involved in trading carbon emission units. The report seeks to analyse the carbon trading market in Europe and Australia. The carbon trading market is reviewed with an overall concern for the role government regulation plays in the market, as well as the impact of introducing an emission trading scheme on ...

Jun. 9, 2010

By Inderscience Publishers

EU emissions trading scheme to bring small carbon savings

EU emissions trading scheme to bring small carbon savings Campaign group call for tighter caps on carbon emissions covered by the ETS in Europe each year. A new report by carbon emissions trading campaign group Sandbag predicts that the five year period of the EU’s emissions trading scheme (ETS) ending in 2012 is set to deliver carbon savings of less than a third of 1% of total carbon ...

Sep. 13, 2010

By Vital Efficienci Ltd.

The biggest hole in Australia's version of the solution to climate change - what is wrong with its carbon reduction trading scheme

In June 2009, when farmers were at last considered in the USA climate bill, attention was belatedly directed at agriculture's potential for a major contribution to carbon emission reductions. The official line (Department of Climate Change, 2009) ignores the environmental effect of traditional farming methods in terms of desertification, soil degradation, water management and warming. Alternative ...

Aug. 13, 2010

By Inderscience Publishers

The Canadian Regulatory Framework for carbon trading: Sailing away from consensus while waiting for the U.S. Federal Scheme

There is a lot of controversy on Parliament Hill in Canada regarding the greenhouse gas policy to be enacted. It is very difficult to assess the latest proposed framework without suggesting a political view or without analysing the economic context of Canadian actors involved in the emissions trading market. The purpose of this article is to briefly articulate the main controversial issue of said ...

Jun. 1, 2008

By Lexxion Verlagsgesellschaft mbH

Inside China’s emissions trading scheme: First steps and the road ahead

China launched its first pilot emission trading program this past June. This development is potentially a major marker in the country’s efforts to reduce greenhouse gas (GHG) emissions. The Shenzhen Emissions Trading Scheme (ETS) program will cover some 635 industrial companies from 26 industries. This is the first of seven ...

Aug. 28, 2013

By World Resources Institute WRI

Article: Trading in Pollution: Creating Markets for Carbon and Waste

This article evaluates the initial performance of both the European Union Emissions Trading Scheme (EU ETS) and the Landfill Allowance Trading Scheme (LATS). In so doing it examines the essential components for a functioning emissions trading scheme and considers the extent to which environmental trading systems and fiscal instruments are capable of fundamentally altering our consumption patterns ...

Dec. 1, 2007

Book Reviews: Carbon Trading Law and Practice

keywords: climate change, carbon trading. Kyoto Protocol, emissions trading schemes, market based systems, environmental markets Whatever the future of the international climate change regime, carbon markets are here to stay and their number may well increase. Any book, therefore, that provides the reader with a clearer understanding of how carbon markets work, is a welcome contribution ...

Jan. 1, 2012

Achieving the benefits of carbon trading: It`s all in the design

The global carbon market is real and growing rapidly. The World Bank reported that the market grew in 2006 to reach US$30 billion and that the value of carbon credits being bought and sold nearly tripled in 2006 from 2005 levels. For 2007, indications are that this rapid pace of growth has continued, driven by regulations at the national level under the Kyoto Protocol, at the corporate level ...

Feb. 1, 2008

By Air & Waste Management Association (A&WMA)

The risks and opportunities in starting a carbon trading firm within the carbon marketplace

This paper looks at the viability of starting a carbon trading firm in Australia, based on the understanding and nature of carbon trading and its acceptance and implementation in the economy. The main function of the firm is to work as a broker on behalf of organisations or individuals for buying and selling carbon credits. A broad overview of the evolution of the carbon trading market and the ...

Apr. 13, 2011

By Inderscience Publishers

Investability of the European Union emissions trading scheme: an empirical investigation under economic uncertainty

This paper explores investment characteristics of the European Union Emissions Trading Scheme (EU ETS) during the Global Financial Crisis (GFC). We show that the EU ETS demonstrates significant price volatility, risk-adjusted return under-performance and positive correlations with international equity markets during the GFC, while an OLS regression reveals that carbon market returns are only ...

Dec. 9, 2013

By Inderscience Publishers

A comparative analysis of city–based emission trading schemes: key design and management factors for environmental cost effectiveness

With more than half the world's population living in urban areas, cities have become a major source of local and global atmospheric pollution. Originally developed in the 1990s to decrease local pollution, Local Emission Trading Schemes (ETSs) are now emerging as a promising cost–efficient instrument to achieve local GHG emissions reductions. This paper compares four existing city–based ETS ...

Jan. 23, 2012

By Inderscience Publishers

The European emission trading scheme and renewable energy policies: credible targets for incredible results?

This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European trading system of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the comparison of past goals and present results, it is argued that more credible targets for carbon ...

Jul. 11, 2011

By Inderscience Publishers

Weak-form efficiency of European Union emission trading scheme – evidence from variance ratio tests

In this paper, we applied single period and multiple period variance ratio (VR) tests to European Union allowance (EUA) spot and futures data since their availability in June 2005 and April 2005 respectively up to the end of January 2010. Comparing Phase 1 (2005-2007) and Phase 2 (2008-2012), we find that the products traded in Phase 2 show weaker rejection against the random walk hypothesis than ...

Sep. 24, 2010

By Inderscience Publishers

`Evolving Climate Strategies among Asian Nations under CDM & JI at Hydrocarbon E &P Industry ----- Aligning Carbon Abatement Costs in Asian Emissions` Trading Scheme`.

AbstractAsian Emissions' Trading Scheme (AETS) for CO2 capturing is one of the major components of Asian Climate Strategy for achieving Asian Kyoto Targets under UNFCCC. Besides trading emission allowances, linking between AETS and two flexible project mechanisms: 'Clean Development Mechanism' (CDM) and 'Joint Implementation' (JI) has been established at Hydrocarbon E&P Business, that opens ...

Aug. 23, 2007

By Aaditya Energy Foundation, Chennai, India

Legislation Note: Emissions Trading in the United Kingdom: The Greenhouse Gas Emissions Trading Scheme (Amendment) and National Emissions Inventory Regulations 2005 and the Greenhouse Gas Emissions Trading Regulations 2005

A greenhouse gas emissions trading scheme is an arrangement in which allowances to emit such gases, usually measured in tonnes of carbon dioxide equivalent, are allocated to industrial plant and recorded in a central register. The emissions of greenhouse gas from that plant are then measured, in accordance with protocols, and reported to a central authority at regular intervals. At the end of a ...

Jun. 1, 2006

EU Emissions Trading

Untitled Document The European Union ...

Jan. 1, 2005

By European Commission, Environment DG

Case Note: Uk power sector challenge to national allocation plan under the European union emissions trading scheme refused by the European court of justice

THE FACTS The background to this case is the implementation, in the UK, of the initial stages in the operation of the EU Emissions Trading Scheme ('the EU ETS') launched on 1 January 2005. Directive 2003/87/EC of the European Parliament and of the Council of 13 Octoberj 2003 establishing a scheme for greenhouse gas emission allowance trading ('the Emissions Trading Directive') and ...

Jan. 1, 2008

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