Bidirectional interactions between trading behaviors and carbon prices in European Union emission trading scheme

2019 ◽  
Vol 224 ◽  
pp. 435-443 ◽  
Author(s):  
Jiqiang Wang ◽  
Fu Gu ◽  
Yinpeng Liu ◽  
Ying Fan ◽  
Jianfeng Guo
Keyword(s):  
European Union ◽  
Emission Trading ◽  
Emission Trading Scheme ◽  
Trading Scheme ◽  
Bidirectional Interactions ◽  
Carbon Prices

Global Problem—Regional Solution? International Law Reflections on an EU CO2 Emissions Trading Scheme for Ships

2011 ◽  
Vol 26 (4) ◽  
pp. 613-641 ◽  
Author(s):  
Henrik Ringbom
Keyword(s):  
European Union ◽  
International Law ◽  
Co2 Emissions ◽  
Emissions Trading ◽  
Emission Trading ◽  
Law Of The Sea ◽  
Emission Trading Scheme ◽  
Global Problem ◽  
Emissions Trading Scheme ◽  
Trading Scheme

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.

Climate Protection Law in the European Union—Emergence of a New Regulatory System

2012 ◽  
Vol 9 (1) ◽  
pp. 5-33 ◽  
Author(s):  
Astrid Epiney
Keyword(s):  
European Union ◽  
Central Element ◽  
Emission Trading ◽  
Regulatory System ◽  
Emission Trading Scheme ◽  
Climate Protection ◽  
The European Union ◽  
Legal Questions ◽  
Trading Scheme ◽  
The Eu

“Climate Protection Law” has been developed during the last approximately 15 years on an international, supranational and regional level. In the European Union the trading scheme of greenhouse gas allowances—introduced by Directive 2003/87—is to be considered a central element of the European Union’s climate protection policy. Despite of the creation of the EU emission trading scheme already in 2003 the scheme raises a range of legal questions which have not been really clarified yet. Against this background, the following contribution will discuss—on the basis of a summary of the legal bases and the development of emission trading in the EU—some selected legal questions concerning design, interpretation and application of the Directive 2003/87. Additionally, the question of whether the emission trading scheme as provided by Directive 2003/87 could serve as a model for air protection respectively emission reduction of other air pollutants and / or as a model for a trans-regional or even global emission trading scheme will be discussed.

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