emissions trading 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

  • Mercury - A Challenge for Emissions Trading

    There is growing concern about the damaging effects of mercury pollution. Could emissions trading provide a solution? Donna Danihel and Dave Michaud ...

  • 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 ...

  • EU Emissions Trading

    Untitled Document The European Union ...

  • 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 ...

  • 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 ...

  • NOx and SOx Emissions Trading in Ontario

    Erik Haites outlines an unusual emissions trading programme due to begin next year. The government of Ontario recently announced its intention to establish an emissions trading programme for NOx and SOx emissions (oxides of nitrogen and sulphur) from all coal- or oil-fired electric generating plants in the province with a capacity greater than 25 MW beginning on 1 January 2001. This programme is ...

  • Extensions to the emission trading system in Spain

    Climate change is the subject of debate these days derived from the Copenhagen Summit, where the major commitments and agreements have been discussed. In any case, the commitment within the EU is strong and clear for the immediate future. The commitments to reduce emissions of greenhouse gases within the EU framework have as their main flagship the Emission Trading System (ETS) regime established ...

  • Emissions Trading - Ontario sets out emissions trading plans

    Canadian province of Ontario has issued a discussion paper proposing a hybrid emissions trading scheme covering nitrogen oxides and sulphur dioxide. Elisabeth DeMarco examines the plans for a scheme that could form the basis for a wider emissions trading system. Ontario sets out emissions trading plans In late March, the Ontario Ministry of the Environment (MoE) released a policy option paper, ...


  • EU emissions trading – Latest developments

    In this article some of the latest developments in phase I of trading in the EU ETS are examined together with the European Commission's (Commission) decisions on the phase II national allocation plans (NAPs) so far submitted. It also considers the ongoing review of the EU ETS and the proposed extension of the scheme to other areas, as well as other relevant developments in this ...

  • Application of the EU Emissions Trading Directive

    Synthesising Member State reporting on the ETS The European Union (EU) emissions trading system (ETS) is one of the key climate policy instruments implemented in the EU to achieve its emission reductions objectives in a cost‑effective manner. The EU Emissions Trading Directive (EU, 2003, referred to hereafter as the 'EU ETS Directive'), and in particular Article 21 ...

  • WTO law and international emissions trading: Is there potential for conflict?

    In order to meet their emission reduction targets with minimum adverse effects on their economies, it is highly likely that UNFCCC Annex I governments will pursue emission reduction policies in such a way as to require of foreign products to mirror the “climate costs” of their production processes or to favour domestic “climate friendly” producers over foreign ones. Such treatments could occur in ...

  • Application of the Emissions Trading Directive by EU Member States

    According to Article 21 of the Emissions Trading Directive Member States shall report annually on the application of the directive. The reporting obligation will allow the European Commission to continuously follow the implementation of the directive and provide information for the European Commission's review report under Article 30 of the directive. This is particularly important for the first ...

  • Wallström Warms to Role for Aviation in EU Emissions Trading

    EU Environment Commissioner Margot Wallström has expressed cautious support for allowing European flights into the EU emissions trading scheme from 2008. Airport operator BAA has developed proposals to allow airlines to offset their rising emissions by buying EU allowances - and the UK Government looks likely to back the idea in its forthcoming aviation White Paper. Aviation's soaring ...

  • Which sectors should be covered by emissions trading regulations?

    For the first time, the US Congress is debating climate change policy in a serious way. A number of bills have been introduced that would establish greenhouse gas (GHG) emissions trading programs as part of efforts to address climate change. In discussions on climate policy proposals, the stringency and timing of emissions reduction targets are often seen as determining program costs. Allocation ...

  • 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

  • Draft New Zealand emissions trading regulations for forestry

    These regulations are the Climate Change (Forestry Sector) Regulations 2008 [Draft for Consultation]. They come into force on the day after the date that sections 4 and 43 of the Climate Change (Emissions Trading and Renewable Preference) Act 2008 come into force. They apply on and after 1 January 2008. In these regulations, unless the context otherwise require:Act means the Climate Change ...


    By New Zealand Government

  • INFORSE proposals for EU emissions trading scheme

    The first period of the EU-ETS (2005-2007) has shown a number of weaknesses in the system which clearly show the needs for better frameworks for the EU-ETS as part EU climate policies. Some of the main problems of the first period of the EU-ETS were: Large variations in prices of allowances, reducing the incentives for long-term investments to reduce emissions. Much too low prices in the last ...

  • 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

  • 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 ...

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