carbon trading scheme Articles

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 ...

Jan. 26, 2004

By Inderscience Publishers

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 ...

Mar. 17, 2010

By Baker & McKenzie`s Global Environment Practice

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 ...

Feb. 13, 2007

By Inderscience Publishers

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' ...

Oct. 2, 2007

By Inderscience Publishers

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 ...

Jul. 12, 2010

By CDEnviro

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 ...

Jul. 12, 2010

By CDEnviro

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 ...

Jul. 19, 2010

By Vital Energi

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 ...

Jan. 6, 2011

By Inderscience Publishers

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 ...

Jul. 16, 2012

By Inderscience Publishers

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 ...

Jun. 1, 2008

By Lexxion Verlagsgesellschaft mbH

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

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 ...

Dec. 21, 2007

By European Commission, Environment DG

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 ...

Sep. 15, 2009

By Accruent

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 ...

Aug. 6, 2012

By Inderscience Publishers

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 ...

Sep. 18, 2013

By Trucost Plc

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

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 ...

Aug. 28, 2009

By Accruent

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 ...

Aug. 28, 2009

By Accruent

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 ...

Jan. 24, 2014

By World Resources Institute WRI

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