Linking Emissions Trading Schemes

✍ Scribed by Andreas Tuerk

• Year: 2009
• Tongue: English
• Leaves: 97
• Category: Library

✦ Synopsis

A growing number of GHG emissions trading schemes are being implemented at regional or national levels. However, even as the number of different schemes grows, few linkages exist between them. Major cap-and-trade proposals are currently at important stages in their development, especially in the United States, Japan and Australia, some of which explicitly emphasize the aim of linking with other schemes. One of the strategic goals of European climate policy is linking the EU ETS with other comparable schemes. The research presented in this volume is on actual economic, political and institutional constraints and implications. It examines the role of linking trading schemes for the development of the post-Kyoto climate architecture and for increasing linkage between schemes. This essential research will be relevant to both the scientific community and for policymakers who are involved in the design of emerging trading schemes and offset mechanisms, as well as in designing the post Kyoto climate regime. This volume focuses specifically on: o Economic, institutional/regulatory and legal dimensions of linking o Implications of linking on the design of emerging trading schemes o The role of linking trading schemes for the development of the post-Kyoto climate regime

✦ Table of Contents

Contents......Page 2
Aims and scope......Page 3
Editorial: Linking emissions trading schemes......Page 4
Synthesis article: Linking carbon markets: concepts, case studies and pathways......Page 6
1. Introduction......Page 7
2. Conceptual foundations of linking......Page 8
3. Scenarios for the architecture of the global carbon market......Page 9
4. Assessing carbon market compatibility......Page 10
5. Institutional framework for an integrated global carbon market......Page 16
6. Conclusions and outlook......Page 19
Notes......Page 20
References......Page 21
1. Introduction......Page 23
2. Economic implications......Page 24
4. Regulatory implications......Page 28
5. Policy application: benefits and disbenefits of a transatlantic link......Page 31
6. Conclusions......Page 32
Notes......Page 33
References......Page 34
1. Introduction......Page 38
2. Background......Page 39
3. Existing and proposed emissions trading schemes......Page 40
4. Overlap of national and state/provincial emissions trading schemes......Page 45
5. Prospects for linking US and Canadian emissions trading schemes......Page 46
6. Conclusions......Page 49
Notes......Page 50
References......Page 52
1. Introduction......Page 54
2. The state of the US emissions trading debate vis-à-vis the EU ETS......Page 57
3. Compatibility between EU and emerging US systems: prospects for linking......Page 60
4. Conclusions......Page 62
References......Page 64
1. Introduction......Page 67
2. Key features of the planned Australian ETS......Page 68
3. Unilateral linking and controlling the price......Page 70
4. Bilateral linking scenarios with existing schemes......Page 73
Acknowledgements......Page 76
Notes......Page 77
References......Page 78
1. Introduction......Page 80
2. Attempts to manage international aviation and shipping emissions......Page 81
3. International management of aviation and shipping emissions......Page 84
4. Linking for international aviation/shipping emissions......Page 87
5. Conclusions......Page 91
Notes......Page 92
References......Page 94

✦ Subjects

Экологические дисциплины;Экологический менеджмент;