carbon trading scheme Articles

  • Interaction between environmental policy instruments: carbon emissions trading and Integrated Pollution Prevention and Control

    As the number of environmental policy instruments grows, so the potential for interaction between different instruments increases. This interaction can be detrimental or beneficial. To avoid conflict, it is essential that the potential for interaction be assessed during the formulation of new policy instruments. This paper illustrates this through an analysis of how the European Directive on ...


    By Inderscience Publishers

  • On the up

    The global carbon markets traded an estimated € 92 billion worth of carbon credits in 2008. 4.9 billion t of CO2 equivalent (CO2e) of greenhouse gas (GHG) reductions changed hands under the various international, regional, national and sub-national carbon trading schemes that together make up the global carbon marketplace. These figures demonstrate the phenomenal expansion and maturation of the ...

  • Coasian economics and the management of international aviation emissions

    The recent decision by the EU Parliament supporting an emissions tax and subsequent carbon trading scheme for European airlines provides the structural foundation for an exploration of the role of Coasian economics in emissions abatements in the international aviation industry. The paper begins by outlining Pigouvian taxation in aviation and considers, from a business context, the potential ...


    By Inderscience Publishers

  • Pricing carbon: an ecological economics perspective on the McKibbin/Wilcoxen proposal for Australia

    Many countries are contemplating the design of institutions to address 'the greatest market failure the world has ever seen' (Stern, N. (2007) The Economics of Climate Change. Cambridge, UK: Cambridge University Press, p.xviii). Australia is currently considering introducing a carbon trading scheme and prominent amongst the proposals being discussed is the 'McKibbin?Wilcoxen hybrid scheme' ...


    By Inderscience Publishers

  • Major waste reduction & recycling success for severn trent water

    Severn Trent Water have made significant progress in their drive to reduce waste to landfill volumes and increase recycling through the introduction of a processing plant from County Tyrone company, CDE Ireland. The plant, which is provided to Severn Trent Water on a rental contract by Biffa is processing a variety of waste materials and since it has been introduced Severn Trent Water have seen a ...


    By CDEnviro

  • Waste recycling fuels severn trent works

    Severn Trent Water (STW) has made significant progress in its drive to reduce waste to landfill volumes and increase recycling through the introduction of a processing plant from CDE Ireland, based in Co Tyrone. The plant, which STW has on a rental contract through Biffa, has been processing a variety of waste materials since it was introduced at Minworth Sewage Treatment Works. And the utility ...


    By CDEnviro

  • Germany to tax up to 26 euros on air travel – UK to follow?

    The tax on air travel could generate up to 1 billion euros annually in 2011. Germany plans to tax air travel up to 26 euros for each passenger on flights under a plan aimed to encourage more environmentally friendly travel and bolstering government finances. The tax on air travel, called an "incentive for environmentally friendly behaviour," could generate 1 billion euros annually beginning in ...


    By Vital Energi

  • A solution to climate change economics - a carbon swap bank

    The original impetus of the Copenhagen Treaty in 2010 to solve the problem of climate change using a carbon emissions trading scheme has hit ground zero. The failure to advance various proposed bills in the USA and Australia has faltered on the role of agriculture, the failure to ensure that high carbon dioxide polluting industries actually alter technologies, the creation of excessive ...


    By Inderscience Publishers

  • Estimation of CO2 shadow price in Chinese provinces: an output distance function approach

    As the low–carbon issue become increasingly critical in the world. The marginal abatement cost (shadow price) of CO2 emission is a determinant in the carbon emissions trading market. This paper estimates the CO2 shadow price of different Chinese provinces based on the parametric approach: the output distance function. The results show ...


    By Inderscience Publishers

  • Greenhouse Gas Emissions trading and duties of the state: A preliminary review of Alberta’s specified Gas Emitters Regulation

    In July 2007 the oil endowed Canadian province of Alberta launched the first compliance emissions trading scheme for greenhouse gases in North America under its Specified Gas Emitters Regulation. This paper reviews key aspects of the programme including scope, performance credit trading and project offsetting with comparative reference to other carbon emissions trading schemes. The paper ...

  • 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 ...


    By Inderscience Publishers

  • New EU industrial emissions legislation

    Proposal for the revision of industrial emissions legislation in the EU (Questions & Answers) The Commission's proposal focuses on four key problems identified during a two-year review process when data was collected through an extensive programme with ten studies and continuous consultation with stakeholders. Firstly, the Commission proposes to overhaul seven existing pieces of legislation on ...

  • UK Carbon Reduction Commitment (CRC)

    Energy Efficiency Reduction Bill a Benchmark for Others?The pressure has been growing on individual companies, producers and emitters of greenhouse gases to try and restrict the output. Up until this time, it has been voluntary to report carbon emissions but legal initiatives are now underway to make this mandatory. A carbon reduction bill has already been put in place in the UK and may soon come ...


    By Accruent

  • An empirical study on the interaction between EUA futures, coal, natural gas and electricity

    This paper uses a Vector Error Correction Model (VECM), a method to estimate the adjustment speed of variables toward their long–run relationship in the short run, to investigate the dynamic relationship between the prices of EUA, coal, natural gas and electricity futures. It finds that there is a long–run equilibrium relationship between them. Short–run relationships between them are also ...


    By Inderscience Publishers

  • IR will increase your share price

    First, forgive my provocative title for this blog. In an attempt to attract your attention I have condensed and oversimplified several important steps of logic! I spent the month of July traveling across Asia, a region that uses three times more resources than the rest of the world to create each unit of GDP. During this time I was struck by major policy shifts in China; the launch of the ...


    By Trucost Plc

  • 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 ...


    By Inderscience Publishers

  • Proposed CRC reporting exposes confusion

    Both in the United States and in the United Kingdom, initiatives are currently underway to force certain categories of business to proactively reduce the size of their carbon footprint and to produce a series of carbon reports to prove their progress. The UK government has taken the first initiative with the introduction of the Carbon Reduction Commitment legislation which will force an estimated ...


    By Accruent

  • Determining CRC reporting requirements

    All organizations must now establish, evaluate and prioritize their carbon reduction liabilities and get ready to participate in the CRC. It is estimated that some 5,000 organizations in the UK will be required to do so. The Carbon Reduction Commitment is a mandatory emissions trading scheme and will come into effect by the summer of 2010. Indeed, organizations that will be affected by the scope ...


    By Accruent

  • Emissions Trading in China: First Reports from the Field

    When Tianjin launched its carbon emission trading scheme (ETS) on Dec 26th 2013, it became the fifth ETS operating in China, following Shenzhen, Beijing, Shanghai, and Guangdong. Now that five of seven pilots have started trading and the rest are expected to start in 2014, the aggregate of all emissions regulated in China through the seven pilots will be the second largest in the world, following ...

  • 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 ...


    By Inderscience Publishers

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