scholarly journals Policy Brief—Achieving Paris Climate Agreement Pledges: Alternative Designs for Linking Emissions Trading Systems

2018 ◽  
Vol 12 (1) ◽  
pp. 170-182 ◽  
Author(s):  
Adam Rose ◽  
Dan Wei ◽  
Noah Miller ◽  
Toon Vandyck ◽  
Christian Flachsland
2019 ◽  
Vol 10 (01) ◽  
pp. 1950001 ◽  
Author(s):  
VICKI DUSCHA ◽  
EVERETT B. PETERSON ◽  
JOACHIM SCHLEICH ◽  
KATJA SCHUMACHER

In the wake of the Paris Climate Agreement, countries may employ sectoral approaches. These allow for efficiency gains while at the same time addressing the concerns of competitiveness and carbon leakage. Applying a multi-country, multi-sector dynamic CGE model, this paper explores the role of sector emission targets for the steel sector in an international agreement, their interaction with emissions trading systems, and to which extent sector targets may address competitiveness concerns. To better reflect technological realities, the steel sector is disaggregated into its two main industries: primary fossil fuel-based steel production (BOF) and secondary scrap recycling steel production (EAF). The policy simulations suggest that sectoral targets may effectively counter the (negative) output and competitiveness effects of differences in the stringency of climate policy across countries. BOF steel contributes significantly more to emission reductions than EAF steel. Moreover, the output effects of BOF and EAF are of opposite signs.


2021 ◽  
Author(s):  
Fabian Krause

Major CO2 emitters such as individual states of the USA, the People's Republic of China and the European Union continue to rely on emissions trading systems to reduce CO2 emissions. Against this background, this thesis examines four emissions trading systems in the USA. For this purpose, the legal and economic fundamentals of emissions trading are presented in detail. Subsequently, emissions trading systems are analyzed from an economic as well as a legal point of view based on criteria defined for this purpose and the results are embedded in the context of national and international law. For this purpose, the author conducts extensive basic research by processing the available emissions and trade data.


2020 ◽  
Author(s):  
Elisabeth DeMarco ◽  
Robert Routliffe ◽  
Heather Landymore

On 17 December 2002, Canada ratified the Kyoto Protocol to the United Nations Framework Convention on Climate Change (Kyoto Protocol), taking on binding targets to reduce Canadian emissions of greenhouse gases (GHGs). Canada's ratification decision and the proposed domestic emissions trading system forming part of Canada's Kyoto implementation plan continue to be the source of considerable disagreement and conflict between the provinces and thefederal government regarding: the practical challenges associated with multiple Canadian jurisdictions implementing emissions trading systems: the current status and legal issues associated with covenants between industry and government(s) to enforce GHG reduction targets; the legal jurisdiction over domestic emissions trading system(s); and the impact on interprovincial and international trade. Each ofthese issues is examined in the unique Canadian legal context. The authors conclude that many ofthe most significant challenges may be mitigated through harmonization and coordination byfederal and provincial governments in a manner that allows for local concerns to be addressed without fragmenting the Canadian emissions markets.


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.


2009 ◽  
pp. 115-142 ◽  
Author(s):  
J. Reilly ◽  
B. Felzer ◽  
D. Kicklighter ◽  
J. Melillo ◽  
H. Q. Tian ◽  
...  

2019 ◽  
Vol 46 (4-5) ◽  
pp. 623-641 ◽  
Author(s):  
Simon Copland

Action on climate change has enjoyed popular support in most Western countries. Despite this, successive governments have struggled to implement policy to tackle this issue. Using the case of opposition to the Clean Energy Act, passed in Australia to establish an emissions trading scheme, this paper argues that a growing and broad sentiment of distrust in political elites, described as ‘anti-politics’, can explain some of this contradiction. Particular forms of climate policy, in particular emissions trading schemes, have been successfully framed as policies that appeal to the interests of a new class of liberal elites while hurting ordinary working people. This frame was used successfully in Australia by conservative forces to oppose the Clean Energy Act. While used cynically by political leaders in this case, the paper argues that anti-political sentiment reflects genuine concerns about the detachment between the state and voting population. This detachment is reflected in neoliberal climate policies. Through briefly examining the cases of the Trump Administration’s withdrawal from the Paris Climate Agreement and the Gilets Jaunes protest movement, the paper argues that while formulating climate policy we must consider anti-political sentiment, developing responses to the climate crisis from a bottom-up rather than top-down approach.


2019 ◽  
Vol 235 ◽  
pp. 1254-1265 ◽  
Author(s):  
Hai Huang ◽  
David Roland-Holst ◽  
Cecilia Springer ◽  
Jiang Lin ◽  
Wenjia Cai ◽  
...  

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