CO2 Emissions Trading Market Systems as an Environmental Policy Option and Assessment of its Effect-Evaluating Intertemporal Trading in Particular

Author(s):  
K FUJIME
2020 ◽  
Vol 12 (20) ◽  
pp. 8553
Author(s):  
Elias Asproudis ◽  
Thomas Weyman-Jones

In this article, we explain how several environmental groups are attempting to influence environmental policy by changing the total amount of pollution allowed within the tradable emissions market. We highlight the case where environmental groups may participate in strategic behaviour to resemble co-operative coalition behaviour. We present an interesting way that environmental groups can encourage their goal of reducing pollution, contrary to the industrial/business groups’ desires. This is a major concern in our world, and such a new approach could be adopted more broadly.


2008 ◽  
Vol 159 (9) ◽  
pp. 296-302
Author(s):  
Richard Volz

The Kyoto Protocol makes provisions for carbon sinks from forest management to be taken into account as a contribution towards fulfilling a country's emission reduction target. Additional emission allowances are allocated for these forest carbon sinks. If Switzerland uses this extra contingent of allowances to the full it would then only have to reduce emissions by 4.5% instead of the actual target of 8%. Emission allowances from carbon sinks can be traded on the emissions trading market and be claimed by forest owners. An assessment of the income that could be anticipated was carried out in four forestry companies: with the CO2 price set at 10 CHF per ton it was seen that a potential revenue of between 6 and 71 CHF per hectare and year could be realised. However, the legal basis for allocating emission allowances from carbon sinks to forest owners has yet to be created. In view of the fact that the two chambers of Parliament refused the introduction of the Forests Act Revision Bill, it is not clear if and in what form this will be done. For the period after 2012, the rules will be renegotiated at the international level and it is expected that the carbon stored in harvested wood products will be taken into account. Accordingly, wood removed from the forest would no longer be automatically counted as a CO2 source in the emission balance.


2013 ◽  
Vol 411-414 ◽  
pp. 2505-2510
Author(s):  
Qi Wei ◽  
Man Man Tian

Along with the rapid development of economy, China has become the leading emitter of greenhouse gases in the world. Carbon emissions trading system is an important tool and means to response to climate change effectively and reduce greenhouse gas emissions. At present, Chinese carbon trading market is still in its infancy, and there are many deficiencies: legal system is imperfect and carbon source monitoring regulation is lax, the variety of trading is single, China does not have pricing power of carbon emissions and the layouts of trading platform are not reasonable. Through using the implementation experience of the EU emissions trading system, we construct Chinese carbon trading mechanism based on total control principle: voluntary trading market should be carried out fist and mandatory transaction will be implemented when market condition is sufficient. According to the quotas allocation from free to auction, mandatory transaction shall be implemented in there stages.


2011 ◽  
Vol 26 (4) ◽  
pp. 613-641 ◽  
Author(s):  
Henrik Ringbom

AbstractInternational law questions linked to a potential future European Union ‘emission trading scheme’ for shipping are addressed. If such a scheme were to be introduced (which is not yet clear), and if it were designed to cover emissions that have occurred beyond the territorial waters of the Member States or even in other States’ maritime zones (which, in that case, seems likely), it would evoke interesting questions of principle relating to the jurisdiction of States to impose requirements on foreign ships for matters which take place beyond their territory. Different approaches to the question are discussed, starting from the law of the sea, but also including a brief review of other potentially relevant branches of international law. It is concluded that international law does not necessarily prevent the establishment of such a scheme, but places a number of important limitations on its design.


2010 ◽  
Vol 113-116 ◽  
pp. 484-487 ◽  
Author(s):  
Ming Ming Wu

As one of the carbon trade mechanisms ratified by Tokyo Protocol, the Carbon Emission Permits Trade has played a significant role of offsetting the global warming problem. This paper introduces the international carbon emissions trading market mechanisms, transaction type, and volume and price, and then analyses the status of carbon emissions trading at home and abroad. Finally, the author puts forward construction carbon emissions trading in China.


2015 ◽  
Vol 17 (02) ◽  
pp. 1550018 ◽  
Author(s):  
Doron Lavee ◽  
Hadas Joseph-Ezra

Recently, Israel has undergone several changes in its environmental policy. This paper reviews the shift in environmental policy, from regulatory-based instruments to more flexible economic instruments in Israel. A substantial change has taken place in this respect over the last few decades in many OECD countries. In recent years, environmental policy in Israel has been going through a similar change, in part due to the recent accession to the OECD. Yet, Israel still lacks the use of certain main economic tools, such as greenhouse gas emissions trading and carbon taxes, which are available in many OECD countries.


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