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Friday, April 24, 2020 | History

1 edition of Emissions Trading found in the catalog.

Emissions Trading

Ralf Antes

Emissions Trading

Institutional Design, Decision Making and Corporate Strategies

by Ralf Antes

  • 384 Want to read
  • 17 Currently reading

Published by Springer-Verlag Berlin Heidelberg in Berlin, Heidelberg .
Written in English

    Subjects:
  • Environmental economics,
  • Economics,
  • Industrial management

  • Edition Notes

    Statementedited by Ralf Antes, Bernd Hansjürgens, Peter Letmathe, Stefan Pickl
    ContributionsHansjürgens, Bernd, Letmathe, Peter, Pickl, Stefan, 1967-, SpringerLink (Online service)
    The Physical Object
    Format[electronic resource] :
    ID Numbers
    Open LibraryOL25546897M
    ISBN 109783642205910, 9783642205927

      If firms participating in an emissions trading scheme (ETS) perceive market power, the permit price and the distribution of abatement and production is a function of the initial permit allocation, which contrasts with the case of perfect competition. The underlying reason is that abatement does not happen where it is cheapest, but where it maximizes firm profits, which is Cited by: 2.


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Emissions Trading by Ralf Antes Download PDF EPUB FB2

Though emissions trading schemes are such a huge part of combating climate change and improving air quality, there Emissions Trading book several examples where it has failed (such as the European Union) versus succeeded (California). This book does a great job of giving an overview of the economic theory, but also digging into the nitty-gritty details that can Cited by: The European Union's Emissions Trading Scheme (EU ETS) is the world's largest market for carbon and the most significant multinational initiative ever taken to mobilize markets to protect the environment.

This book provides the first detailed description and analysis of the scheme, focusing on the first 'trial' period ().Cited by:   Emissions Trading book. Emissions Trading book Read reviews from world’s largest community for readers. First published inEmissions Trading was a comprehensive review of /5.

The experience to date shows that, if well designed, emissions trading systems (ETS) can be an effective, credible, and Emissions Trading book tool for helping to achieve low-cost emissions reductions in ways that mobilize private sector actors, attract investment, and. A critical issue in dealing with climate change is deciding who has a right to emit carbon dioxide.

Allocation in the European Emissions Trading Scheme provides the first in-depth description and analysis of the process by which rights to emit carbon dioxide were created and distributed in the European Union.

Emissions trading, an environmental policy that seeks to reduce air pollution efficiently by putting a limit on emissions, giving polluters a certain number of allowances consistent with those limits, and then permitting the polluters to buy and sell the allowances.

The trading of a finite number of allowances results in a market price being put on emissions, which enables polluters to work.

About the book: The European Union's Emissions Trading Scheme (EU ETS) is the world's largest market for carbon and the most significant multinational initiative ever taken to mobilize markets to protect the will be an important influence on the development and implementation of trading schemes in the US, Japan, and elsewhere.

However, as is true of. Project-based emissions trading, such as JI and CDM projects under the Kyoto Protocol, is a variant of credit trading (which is less efficient and effective than permit trading, as discussed above).Both credit trading and emission reduction projects allow for the transfer of credits, but projects usually require pre-approval to check the environmental integrity of the.

Emissions trading (also known as cap and trade) is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. A central authority (usually a governmental body) allocates or sells a limited number of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period.

Daniel Vallero, in Fundamentals of Air Pollution (Fifth Edition), Averaging, Banking, and Trading Emissions. Emissions trading programs generally can be accomplished by netting, offsets, bubbles, and banking. Netting allows large new sources and major modifications of existing sources to Emissions Trading book exempted from certain review procedures if existing emissions.

"The Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading. It pursues an interdisciplinary approach drawing upon law, economics and, at times, political science, to present relevant research strands in a clear and multifaceted way.

Emissions trading challenges the management of companies in an entirely new manner: Not only does it, like other market-based environmental policy instruments, allow for a bigger flexibility in management decisions concerning emission issues.

More. Carbon emissions trading is a form of emissions trading that specifically targets carbon dioxide (calculated in tonnes of carbon dioxide equivalent or tCO 2) and it currently constitutes the bulk of emissions trading.

This form of permit trading is a common method countries utilize in order to meet their obligations specified by the Kyoto Protocol; namely the reduction of carbon. For her part, Knox-Hayes says she hopes readers will also engage in the book’s concluding discussion about what she calls the “materiality of environmental markets,” that is, the issue of how many kinds of financial instruments should be used within emissions trading.

The contributions in this book discuss the theoretical implications of different institutional designs of emissions trading schemes, review schemes that have been implemented in the US and Europe, and evaluate the range of investment decisions and corporate strategies which have resulted from the new policy framework.

The world's first framework for international greenhouse gas emissions trading was proposed by the European Commission in its new and remarkable Directive Proposal of October This Directive Proposal was the outcome of a policy process started by the Commission in March when launching the Green Paper.

The preceding chapters have reviewed the conceptual, empirical, and ex postimplementation evidence from emissions trading programs. This chapter characterizes the state of the art and the lessons that might be extracted from this review.

International emissions trading under Article 6 will be in the spotlight at the December UN climate talks in Madrid, Spain (COP 25).

Negotiations over carbon markets forced last year’s climate talks in Katowice, Poland into overtime and ultimately left the section of the Paris Agreement rulebook on Article 6 unresolved. IETA offers an array of resources, both for educational purposes and advocacy, plus trading documentation.

Our Emissions Trading Library explains in simple terms different aspects of market design, such as offsetting, allocations, the benefits of emissions trading versus taxes or command and control, and handling competitiveness.

Through our B-PMR initiative, we have. We kept thinking it was going to happen, the Protocol was going to be approved and emissions trading was going to be the greatest thing in the world – some of that came true. - Andrew Ertel We headed out ofthe recession started to take hold, the realisation that there was a surplus of allowances building in the market hit the market.

First published inEmissions Trading was a comprehensive review of the first large-scale attempt to use economic incentives in environmental policy in the United States since its publication it has consistently been one of the most widely cited works in the tradable permits literature.

The second edition of this classic study of pollution reform considers how the use of 1/5(1). The amount of information required by the regulatory authority to establish a set of cost-effective emissions standards is so high as to preclude a cost-effective outcome.

In contrast, costeffective permit systems are, in theory at least, a distinct possibility because the information requirements for initiating an emissions trading system are Author: Thomas H.

Tietenberg. @article{osti_, title = {Emissions trading: principles and practice. 2nd}, author = {Tietenberg, T H}, abstractNote = {The author demonstrates how emissions trading became an attractive alternative to command-and-control policies that would have required the EPA to disallow the opening of new plants in the middle of the recession-burdened s.

This chapter examines the use of tradable permits in the context of polluting emissions. It begins with an overview of the development of emissions trading and the rationale for emissions trading as an air pollution control strategy.

It then considers the points of contention raised by emissions trading and the conditions for successfully using the mechanism, along with its importance Author: Robert Baldwin. While most emission trading systems are national or regional in character, the European Union has established a common emission system for CO 2 emissions (the EU ETS), to which some other European countries have also linked up.

An agreement has also been made on seeking to link the EU ETS and a future Australian emission trading system. Data and research on tax including income tax, consumption tax, dispute resolution, tax avoidance, BEPS, tax havens, fiscal federalism, tax administration, tax treaties and transfer pricing., Decarbonisation keeps climate change in check and contributes to cleaner air and water.

Countries can price CO2-emissions to decarbonise their economies and steer them along a. Emissions Trading Scheme (ETS) For Dummies. Geoff Simmons Febru Environment Leave a Comment. We are just about to start a conversation about the Government’s emissions trading scheme and thought it would be useful to make a beginner’s guide to the ETS just in case you are not familiar with the details.

The key to the future operation of the EU ETS lies within the objective it is trying to deliver, net-zero emissions. Net-zero means that there is a balance between remaining emissions and the removal of the equivalent amount of carbon dioxide form the atmosphere, i.e. a sink.

This stems from Article 4 of the Paris Agreement; Article 4. An Act to Prohibit Operators of Civil Aircraft of the United States from Participating in the European Union's Emissions Trading Scheme, and for Other Purposes. [United States.] Home.

WorldCat Home About WorldCat Help. Search. Search for Library Items Search for Lists Search for Book\/a>, schema:CreativeWork\/a>. The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) - Duration: ICAO - The International Civil Aviation Organization Recommended for you.

Presents a comparative assessment of international emissions trading schemes to demonstrate the design features most vulnerable to international economic law; Provides a comprehensive and practical roadmap for policy-makers and practitioners for how such schemes can be designed in compliant ways; Addresses China's emerging emissions trading scheme.

instruments and emissions trading systems in general. Some prior basic knowledge of the principles of an emissions trading system would be helpful when using this manual.

(see e.g. Hansjèurgens (), “Emissions Trading for Climate Policy” or Ellerman et al. (), “Pricing Carbon: The European Union Emissions Trading Scheme”). This book should be read by anyone who wants to know what happens when emissions are capped, traded, and priced.

Reviews ‘With the global debate now firmly focused on the creation of further carbon markets and the need for international linking, we must never underestimate the influence of the EU’s pioneering Emissions Trading by: Empirical and theoretical perspectives on the first two phases of the European Emissions Trading Scheme, the largest cap-and-trade market established so far.

Emissions trading schemes figure prominently among policy instruments used to tackle the problem of climate change, and the European Union Emissions Trading Scheme (EU ETS), begun inis the largest cap-and.

The book under review is devoted to the emerging business of emissions trading and as the title indicates is a detailed guide for those who wants to understand this evolving business.

International Emissions Trading is one of the flexible mechanisms of the Kyoto Protocol aimed at controlling the greenhouse gas (GHG) by: 2. Mr. Cook talked about headline news about the state emissions trading programs and the regulations that the EPA enforces. He also responded to audience phone calls, faxes, and electronic mail.

Emissions Trading Subtitle An analysis of emission trading with reference to companies dealing with emissions: the case of RWE and College University of Hull Grade 1,0 Author Yilmaz Seker (Author) Year Pages 18 Catalog Number V ISBN (eBook) ISBN (Book) File size KB.

Since the carbon market has grown to nearly $ billion per annum. This new book examines all the main legal issues which are raised by this explosion of what is now called carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the EU Emissions Trading Scheme (ETS) that is in the process of reform and other national and voluntary schemes.

A traditionally jurisprudential perspective on linking emissions trading systems is provided in this book chapter by Michael Mehling. He provides a conceptual framework for the distinction of legal and political criteria for the feasibility of carbon market linkages.

Carbon Trade: Carbon trading is an exchange of credits between nations designed to reduce emissions of carbon : Will Kenton. The Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading.

It pursues an interdisciplinary approach drawing upon law, economics and, at times, political science, to present relevant research strands in a clear and multifaceted way.Emissions trading is John H.

Dales's revolutionary idea of using market forces to reduce pollution by making companies buy and sell the right to pollute. The idea seems to go back to when the University of Toronto economist proposed paying for the right to pollute, he suggested this would be more effective than simply suing companies that pollute.

This book shows that this view is problematic for at least two reasons. First, emissions trading responds to distinct environmental and non-environmental goals, including creating profit-centres, substituting bureaucratic control of resources, and ensuring regulatory compliance.

This is important, as the particular purpose entrusted to a given.