Download or read book The Korea Emissions Trading Scheme written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-11-01 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents a factual overview of the design and implementation of the Korea Emissions Trading Scheme, focusing on lessons from its implementation and opportunities under the Paris Agreement. It provides information to assist other countries that are designing or considering an emissions trading system. The contents are relevant as Asia and the Pacific embraces the need for climate action to deliver on its Paris Agreement commitments and many countries explore new emissions trading systems.

Download or read book The Korean Emissions Trading Scheme written by Tae-Hee Kim and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Greenhouse Gas Emissions Trading Schemes written by Yong Gun Kim and published by . This book was released on 2005-01-01 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Responding to Climate Change written by Chin Hee Hahn and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This topical book explores the global experiences of responding to climate change, with perspectives from Australia, China, the European Union, Japan, the Republic of Korea, the United States, as well as the International Energy Agency. The authors, internationally recognized specialists in the field, discuss the obstacles faced by policymakers, as well as exploring policies and recommendations for achieving goals set in responding to climate change. The work also uses the case of Korea in the initial stage of its policymaking, as an example for developing countries not bound by the provisions of the 1997 Kyoto Protocol on climate change. This important book assesses current national policies and future options for the global response to climate change. Responding to Climate Change will prove to be insightful for environmental policymakers and researchers for use in assessments of lessons in global and regional experience with climate change and for future policy directions. Graduate and upper-level undergraduate students studying environmental and natural resources will also find plenty of invaluable information in this important resource.

Download or read book The Evolution of Carbon Markets written by Jørgen Wettestad and published by Routledge. This book was released on 2017-12-14 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon markets are developing and expanding around the world, but how and to what extent is their design shaped by learning and interaction between them? How do these markets function and what is the role of design? Carrying out a ground-breaking analysis of their design and diffusion, this book covers all the major carbon market systems and processes around the world: the EU, RGGI, California, Tokyo, New Zealand, Australia, China, South Korea and Kazakhstan. It offers a systematic, in-depth discussion and comparison of the key design features in these systems with expert contributors exploring how, and to what extent, these features have been shaped by central policy diffusion mechanisms and domestic politics. By focussing on the specific design features of the instruments used, this volume makes important contributions to diffusion theory, highlighting how ETS diffusion processes more often have resulted in design divergence than convergence, and discussing the implications of this finding for the vision of linked systems in the post-Paris era. It will be of significant interest to a broad audience interested in the emergence, evolution, functioning and interaction of carbon markets.

Download or read book Carbon Emissions Trading in China written by Qin Tianbao and published by Edward Elgar Publishing. This book was released on 2023-10-06 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions Trading Systems (ETS) have been hailed as a game changer for the evolving climate crisis. This book provides an in-depth analysis of China’s carbon ETS, including its legal and policy frameworks, carbon market mechanisms, and international and comparative implications.

Download or read book State and Trends of Carbon Pricing 2015 written by Alexandre Kossoy and published by World Bank Publications. This book was released on 2015 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. A challenging international carbon market has not stopped the development of domestic carbon pricing initiatives. Today, about 40 national and over 20 sub-national jurisdictions responsible for almost one fourth of global greenhouse gas emissions are putting a price on carbon. Together, these initiatives cover the equivalent of almost 6 gigatons of carbon dioxide, or about 12% of global emissions.--Résumé de l'éditeur.

Download or read book Emissions Trading Schemes Under International Economic Law written by James F. Munro and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The announcement by China that it will implement a national emissions trading scheme confirms the status of this instrument as the pre-eminent policy choice for mitigating climate change. China will join the dozens of existing and emerging schemes around the world - from the EU to California, South Korea to New Zealand - that use carbon units (otherwise known as emissions permits or carbon credits) to trade in greenhouse gas emissions in a multi-billion dollar global carbon market. However, to date, there has been no consensus about this pre-eminent policy instrument being regulated by international economic law through the World Trade Organization, international investment agreements, and free trade agreements.

Download or read book The EU Emission Trading Scheme After One Year written by and published by Nordic Council of Ministers. This book was released on 2005 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Climate Change Mitigation Policy and Sustainable Economic Growth written by Hyejin Park and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines the economy-wide impacts of achieving South Korea's carbon dioxide (CO2) emissions reduction target under the Copenhagen Accord using a model-based approach. The approach followed is to develop a version of the G-Cubed model, including South Korea as a separate economy within the global modelling framework. This enables a large amount of detail on the Korean economy to be analysed as well as capturing the significant trade and financial linkage between Korea and other individual countries. Using the model, comprehensive and quantitative analyses on the climate change policies of South Korea are performed to (1) discuss the adequacy of South Korea's CO2 emissions reduction target and its economic influence on the country, including a comparison of the mitigation efforts of other countries, (2) empirically address the feasibility of the proposed international carbon trading scheme, and (3) explore the most efficient and sustainable climate change mitigation policy framework for South Korea under uncertainty. From this, it is found that the standardised South Korean emissions reduction target which is about a 30 percent reduction relative to business-as-usual (BAU) emissions by 2020, is less stringent compared to developed countries, such as the US, EU, Japan and Australia, while it is more stringent than other developing countries like China and India. However, the estimated carbon price for South Korea to reach the reduction target is as high as those of the developed countries or much higher than the developing countries due to its energy-intensive economic structure. The relatively higher emissions mitigation cost for South Korea to reach its target will have negative effects on the economy, resulting in a significant GDP loss and weakened international competitiveness. Emissions trading schemes are considered as a way to reduce the relatively high carbon price by trading emissions permits with countries where the reduction cost is relatively low. However, the analyses performed using the Korean version of the G-Cubed model show that such emissions trading schemes are neither feasible nor sustainable for achieving the emissions mitigation target of South Korea in scenarios of global and regional cooperation, particularly in the Asia-Pacific region. This is mainly because of the reluctance of countries with relatively lower marginal abatement costs to join the international carbon trading scheme where international transfers are insufficient. This shows that an international carbon market will be unsustainable unless legally binding international agreements which regulate emissions in developing countries are made. Lastly, from a comparative analysis of economic impacts of three policy frameworks, including (1) a cap and trade emissions trading scheme, (2) a carbon tax, and (3) the McKibbin Wilcoxen Hybrid policy, the hybrid approach is found to achieve the emissions reduction target of South Korea with the lowest loss of both GDP and consumption. The hybrid policy which performs like a carbon tax or a cap and trade scheme depending on the macro-economic situation, provides flexibility and sustainability in designing, developing and implementing South Korea's green growth strategy.

Download or read book Research Handbook on Emissions Trading written by Stefan E. Weishaar and published by Edward Elgar Publishing. This book was released on 2016-12-30 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading. It pursues an interdisciplinary approach drawing on law, economics and at times, political science, to present relevant research strands regarding emissions trading. Intermixing theoretical insights with experiences from existing trading systems, this Handbook offers insights that can be applied around the world. It identifies key bodies of research for both upcoming and seasoned people in the field and highlights future research opportunities.

Download or read book Carbon Pricing in Japan written by Toshi H. Arimura and published by Springer Nature. This book was released on 2020-09-17 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book evaluates, from an economic perspective, various measures introduced in Japan to prevent climate change. Although various countries have implemented such policies in response to the pressing issue of climate change, the effectiveness of those programs has not been sufficiently compared. In particular, policy evaluations in the Asian region are far behind those in North America and Europe due to data limitations and political reasons. The first part of the book summarizes measures in different sectors in Japan to prevent climate change, such as emissions trading and carbon tax, and assesses their impact. The second part shows how those policies have changed the behavior of firms and households. In addition, it presents macro-economic simulations that consider the potential of renewable energy. Lastly, based on these comprehensive assessments, it compares the effectiveness of measures to prevent climate change in Japan and Western countries. Providing valuable insights, this book will appeal to both academic researchers and policymakers seeking cost-effective measures against climate change.

Download or read book Pricing Carbon written by A. Denny Ellerman and published by . This book was released on 2014-05-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first detailed description and analysis of the European Union Emissions Trading Scheme.

Download or read book Emissions Trading Schemes under International Economic Law written by James Munro and published by Oxford University Press. This book was released on 2018-08-09 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The announcement by China that it will implement a national emissions trading scheme confirms the status of this instrument as the pre-eminent policy choice for mitigating climate change. China will join the dozens of existing and emerging schemes around the world - from the EU to California, South Korea to New Zealand - that use carbon units (otherwise known as emissions permits or carbon credits) to trade in greenhouse gas emissions in a multi-billion dollar global carbon market. However, to date, there has been no consensus about this pre-eminent policy instrument being regulated by international economic law through the World Trade Organization, international investment agreements, and free trade agreements. Munro addresses this issue by evaluating whether carbon units qualify as 'goods', 'services', 'financial services', and 'investments' under international economic law and showing how international economic law applies to emissions trading scheme in diverse and unexpected ways. Further, by engaging in a comparative assessment of schemes around the world, his book illustrates how and why all emissions trading schemes engage in various forms of violations of international economic law which would not, in most instances, be justified by environmental or other exceptions. In doing so, he demonstrates how such schemes can be designed or reformed in ways to ensure their future compliance.

Download or read book China s Emission Trading System In The Transition To A Low carbon Economy written by Shaozhou Qi and published by World Scientific. This book was released on 2023-10-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book integrates the theory and practice of carbon trading at home and abroad, focusing on major theoretical and practical issues of establishing an emissions trading scheme (ETS) in China during its transition to a low-carbon economy. First, a theoretical analysis of the relationship between the transformation of the low-carbon economy and ETS is presented. Second, policy design, institutional evolution, market operation and practical effects of the major global ETSs are systematically compared. Third, the theoretical basis, key points, modelling methods, computational simulation, policy options and operational steps for key institutional and designing of policy elements in China's ETS are analyzed individually. Finally, policy recommendations for the top-level design of China's ETS are proposed.

Download or read book Emissions Trading Schemes and Their Linking written by Asian Development Bank and published by . This book was released on 2016 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Publication Stock No. RPT167931-2"--Verso of title page.

Download or read book Global Carbon Pricing written by Peter Cramton and published by MIT Press. This book was released on 2017-06-16 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman