A Post-2020 Protocol and Emissions-Trading Framework to Resolve the Climate Change Crisis

Author(s):  
Philip Lawn
2021 ◽  
Vol 26 (3) ◽  
pp. 205-210
Author(s):  
Simone Borghesi

AbstractThe present article describes the main insights deriving from the papers collected in this special issue which jointly provide a ‘room with a view’ on some of the most relevant issues in climate policy such as: the role of uncertainty, the distributional implications of climate change, the drivers and applications of decarbonizing innovation, the role of emissions trading and its interactions with companion policies. While looking at different issues and from different angles, all papers share a similar attention to policy aspects and implications, especially in developing countries. This is particularly important to evaluate whether and to what extent the climate policies adopted thus far in developed countries can be replicated in emerging economies.


2020 ◽  
Author(s):  
Brian Evans

The Kyoto Protocol defines new emissions standards to be met by the international community in respect of greenhouse gases, the aim of which is to curb the present trend of adverse climate change. The specific responses of ratifying governments to bring about the desired changes will significantly impact citizenry and industry alike. This article addresses the issues surrounding emissions trading systems as market-based policy instruments that may ultimately contribute to Canada s legislative response to the Kyoto standards. Central to this question is the need to familiarize legal practitioners with the implications of climate change and the range of policy responses available to government in the context of emissions trading systems. The author examines responses open to the governments of Canada and Alberta through a review of the international reaction to climate change, the role of emissions trading in environmental regulation generally and the anticipated use of emissions trading to comply with the Kyoto Protocol in the future. The author presents an in-depth analysis of the principles underlying the design of domestic emissions trading systems, of the legislative authority surrounding their implementation and of the need for affected businesses to strategically plan for ensuing changes. The author concludes that while Canada has not yet adopted a policy on domestic emissions trading systems in respect of the Kyoto Protocol, the potential impact of emission standards on domestic sources is pronounced, meriting an inspection of the design features that may form a pan of such trading schemes.


2008 ◽  
Author(s):  
Michael Faure ◽  
Marjan Peeters

Author(s):  
Alicia Gutierrez González

AbstractThis article aims to give an overview of the international influence of the Emissions Trading System (ETS) in Mexico. It is divided into three parts. First, it briefly examines both the international Climate Change regime through the description of such instruments as the 1997 Kyoto Protocol and the 2015 Paris Agreement, and the national regime by reviewing as the 2012 General Law on Climate Change (LGCC), the National Emissions Registry (RENE) and its Regulations, as well as other instruments regarding mitigation from carbon tax and clean energy. Second, it analyzes the legal framework of the pilot phase of the ETS in Mexico (under the cap and trade principle) which seeks to reduce carbon dioxide emissions (CO2) only in the energy and industry sectors whose emissions are greater than 100 thousand direct tonnes of CO2. In doing so, it also explains the relevance of implementing an ETS as a cost-effective mitigation measure to achieve the Nationally Determined Contributions (NDCs) in order to reduce 22% greenhouse gas (GHG) emissions by 2030 (increasing to 36% if there is international support and financing) and 50% by 2050 as a developing country. Third, it focuses on the European Union Emissions Trading System (EU ETS) experience and shows that all its phases must be done gradually by adopting the learning-by-doing approach.


2021 ◽  
Author(s):  
◽  
Craig Fowles

<p>Adaptation to actual climate change and contingency planning to reduce vulnerability from likely climate change effects is crucial for the New Zealand dairy industry. Thus in alignment with international treaties and growing international pressure and speculation, the New Zealand Government in October 2007 announced an Emissions Trading Scheme (ETS) adaptable specifically to the New Zealand scene. This ETS passed into law in September 2008 through the enactment of the Climate Change Response (Emissions Trading) Amendment Act 2008. This thesis specifically looks at agriculture related emissions and calculates the liability faced by the dairy industry come 2013 when the industry is completely involved in the ETS. The purpose of this is to further aid the industry so that it can best align itself with the ETS in order to minimise this liability. This is not simply an aid to help the industry save money, as the minimisation of liability should come as a benefit to the environment through reduced emissions. There is also a second issue associated with this - as to whether the liability faced by the industry will be material enough in order for the farmers to actually mitigate their environmental impacts or will they simply bear the expense and ignore the opportunities to reduce their emissions against a baseline (and potentially generate carbon credits for sale) and/or offset any residual emissions through purchasing carbon credits? This therefore analysed the threshold of farmer's incomes whereby they will choose to abate their emissions rather than simply paying for their carbon emissions liability. This threshold obviously varied greatly through the dairying industry with differing factors - this was taken into account and discussed in detail. Other aspects influence this threshold also, factors such as the opportunity for the industry to market a niche product if they do achieve a low carbon or carbon neutral status for their products, cost competitiveness of available abatement technologies, geographical issues pertaining to each abatement method and so on. In order to gain an insight into farmers' perceptions 23 Taranaki dairy farmers were interviewed. This 23 was selected randomly from a list of farmers who reside in the geographical area of Taranaki. This randomisation allowed for an analysis of a variety of size of farmers which eliminated a bias of perceptions from dominating farming sizes within this region. Utilising the theoretical framework surrounding stabilisation triangles, riparian management and nitrification inhibitors were the basis of this examination for emissions reduction management due to their major co-benefit of improved water quality alongside the ultimate goal of emissions reductions. The extent of potential mitigation through the implementation of riparian management and nitrification inhibitors equates to two of the wedges required for the overall reduction in emissions under the ETS. Also, as explained earlier, the co-benefit of improved water quality associated with riparian management and nitrification inhibitors make their implementation even more attractive. The theory behind riparian management and nitrification inhibitors has mostly been done, therefore for the purpose of this thesis, farmers' perceptions of the abatement options were examined. These perceptions included the associated opportunities as well as the challenges that will be faced by those participating farmers.</p>


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