Emissions trading : lessons learned from the European Union and Kyoto Protocol climate change programs /

Emissions trading : lessons learned from the European Union and Kyoto Protocol climate change programs / Ervin Nagy and Gisella Varga, editors.

Saved in:
Bibliographic Details
Online Access: Full Text (via ProQuest)
Other Authors: Nagy, Ervin, Varga, Gisella
Format: eBook
Language:English
Published: New York : Nova Science Publishers, ©2009.
Series:Climate change and its causes, effects, and prediction series.
Subjects:
Emissions trading > Economic aspects > European Union countries.
Emissions trading > Law and legislation > European Union countries.
Climatic changes > Government policy > European Union countries.
Climatic changes > Government policy.
Emissions trading > Economic aspects.
Emissions trading > Law and legislation.
European Union countries.
Table of Contents:
  • EMISSIONS TRADING: LESSONS LEARNED FROM THE EUROPEANUNION AND KYOTO PROTOCOL CLIMATE CHANGE PROGRAMS
  • CONTENTS
  • PREFACE
  • CLIMATE CHANGE AND THE EU EMISSIONS TRADING SCHEME (ETS):KYOTO AND BEYOND
  • ABSTRACT
  • OVERVIEW
  • NATIONAL ALLOCATION PLANS AND THE ETS
  • Need for Further Emissions Reductions
  • Need to Adjust ETS Allocations
  • ISSUES ARISING IN PHASE 2 NAPS FOR THE ETS
  • Supplementarity
  • Auction Policy
  • New Entrant Reserves
  • Auction Policy
  • New Entrant Reserves
  • Closure Policy
  • Benchmarking
  • Allocation and Energy Policy
  • LOOKING TO PHASE III
  • Eliminating NAPs
  • Expanding Coverage
  • Auctions
  • SUMMARY AND CONSIDERATIONS FOR U.S. CAP-AND-TRADE PROPOSALS
  • Emission Inventories and Target Setting
  • Coverage
  • Allocation Schemes
  • Flexibility and Price Volatility
  • REFERENCES
  • CLIMATE CHANGE: THE EUROPEAN UNION'S EMISSIONS TRADING SYSTEM(EU-ETS)
  • ABSTRACT
  • OVERVIEW
  • IMPLEMENTING THE ETS:NATIONAL ALLOCATION PLANS
  • RESULTS FROM THE FIRST YEAR
  • Emissions Levels
  • Market Activity, Prices, and Impact
  • Use of Clean Development Mechanism (CDM)and Joint Implementation (JI)
  • ISSUES
  • Tightening of Emissions Caps
  • Harmonizing NAPs
  • New Entrants
  • Definition of Affected Units
  • Expansion of Coverage
  • CONCLUSION
  • APPENDIX: NORWAY'S TRADING SYSTEM
  • REFERENCES
  • INTERNATIONAL CLIMATE CHANGE PROGRAMS: LESSONS LEARNED FROM THE EUROPEAN UNION'S EMISSIONS TRADING SCHEME AND THE KYOTO PROTOCOL'S CLEAN DEVELOPMENT MECHANISM*
  • WHAT GAO FOUND
  • WHY GAO DID THIS STUDY
  • WHAT GAO RECOMMENDS
  • ABBREVIATIONS
  • RESULTS IN BRIEF
  • BACKGROUND
  • EU EMISSIONS TRADING SCHEME ESTABLISHED A CARBONMARKET AND PROVIDES LESSONS THAT COULD INFORMU. S. DECISION MAKING ON CLIMATE CHANGE POLICY
  • Creation of the ETS Established a Market for Carbon Allowances.
  • The Effect of ETS Phase I on Emissions IsUncertain Because of Data Limitations
  • Phase I Economic Impacts Vary by Sector butLong- Term Effects Are Uncertain
  • The Effect of ETS Phase I on Technology Development and Innovation Are Uncertain but Likely Minimal
  • ETS Phase I Experience Offers Key Lessons aboutProgram Design and Implementation
  • Baseline Data
  • Availability of data
  • Specificity of data
  • Program Design Features
  • Emissions Cap
  • Program Scope
  • Allocation Method
  • Risk of Leakage
  • Program Timeline
  • Linking
  • Wealth Transfer
  • THE CDM'S ENVIRONMENTAL AND ECONOMICEFFECTS PROVIDE IMPORTANT LESSONS THATCAN INFORM CONGRESSIONAL DELIBERATIONSON CLIMATE CHANGE POLICY
  • The CDM Has Enabled Covered Entities to PursueLower-Cost Reductions and Involved DevelopingCountries in the Global Carbon Market
  • Despite Rigorous Review Process, the NetEffect of the CDM on Emissions Is Unclear
  • The CDM's Contributions to SustainableDevelopment Have Been Limited
  • The Scale and Cost- Effectiveness of the CDM Is Limited by the Current Project-by-Project Approval Process, but ProposedReforms Could Improve Its Effectiveness
  • Sectoral CDM
  • Sectoral No-Lose Targets
  • Programmatic CDM
  • Positive Lists
  • Mandatory Caps
  • Discounting Credits
  • Phasing out Offsets
  • CDM Experience Offers Key Lessons Learned aboutProgram Design and Implementation
  • Cost-Effectiveness
  • Environmental Effects
  • Tradeoffs and Potential Improvements
  • CONCLUDING OBSERVATIONS
  • MATTERS FOR CONGRESSIONAL CONSIDERATION
  • APPENDIX I: OBJECTIVES, SCOPE, AND METHODOLOGY
  • APPENDIX II: SUMMARY OF JOINT IMPLEMENTATION
  • APPENDIX III: PANEL OF EXPERTS
  • REFERENCES
  • INDEX.

Similar Items