Download or read book The UK Emissions Trading Scheme written by Great Britain. Parliament. House of Commons. Committee of Public Accounts and published by The Stationery Office. This book was released on 2004 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Scheme is one of the Government's policy measures designed to help meet its commitments under the 1997 Kyoto Protocol to secure significant reductions in UK greenhouse gas emissions, in order to address the causes of global warming. Under the Scheme, companies are issued with allowances equal to their target emissions for the year, and at the end of the year must hold enough allowances to cover its actual emissions. A company can choose to reduce its actual emissions below its target (enabling it to sell excess allowances to other companies, or to save them for use in future years), to meet its target, or to buy extra allowances to cover any emissions in excess of its target amount. Following on from a National Audit Office report on this topic (HCP 517, session 2003-04; ISBN 0102927804) published in April 2004, the Committee's report examines the risk management procedures associated with the Scheme, the way baselines for greenhouse emissions were set, the effectiveness of the auction and the market, and the wider benefits to the UK economy.
Download or read book Outline proposals for a UK emissions trading scheme written by UK Emissions Trading Group and published by . This book was released on 2000 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Climate Change Law written by Jonathan Robinson and published by Cameron May. This book was released on 2007 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive analysis of the regulatory framework for carbon trading in Europe. It brings together in one volume the first full legal analysis of EU and UK law relating to the EU emissions trading scheme, and all the legislative materials necessary to understand this innovative and complex area of environmental law. It is an essential companion for any professional advising on carbon trading in the UK or EU and a user-friendly reference tool for lawyers, carbon traders, and those working in regulated industries and financial institutions with an interest in carbon finance. It also provides an invaluable set of materials and lessons learned for policy makers and industry in jurisdictions where carbon trading are under development and for those with an interest in the use of market-based mechanisms to address other environmental problems.
Download or read book EU Emissions Trading written by Jon Birger Skjærseth and published by Routledge. This book was released on 2016-04-22 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU Emissions Trading Scheme (EU ETS) has been characterized as one of the most far-reaching and radical environmental policies for many years. Given the EU's earlier resistance to this market-based and US-flavoured programme, the development and implementation of the EU ETS has been rapid. This novel approach to environmental regulation has the potential to affect not only greenhouse gas emissions in the EU, but also international strategies for climate change protection. This book investigates the origins, evolution and consequences of the EU ETS and offers significant contributions to the literatures on climate policy and EU policy making.
Download or read book The EU Emissions Trading Scheme written by Sonja Butzengeiger and published by Routledge. This book was released on 2018-12-07 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This special issue of the Climate Policy journal outlines the fundamentals of the new European Emissions Trading Scheme (EU ETS), assesses the strategies for and impact of implementation and highlights the scheme's potential, including positive aspects and remaining hurdles. The EU Emission Trading Scheme (EU ETS) is the first international trading scheme for CO2 in the world. Its aim is to reduce the cost of compliance to existing targets under the Kyoto Protocol. From 1st January 2005, companies in high-energy sectors covered by the scheme must limit their CO2 emissions to allocated levels, arranged in two periods: from 2005-2007 and 2008-2012 (to match the first Kyoto commitment period). In practice, the scheme is likely to cover over 12,000 installations across the European Union, corresponding to approximately 46% of the total EU CO2 emissions. The EU ETS represents a significant development in working at an international level to combat dangerous climate change. The EU Emissions Trading Scheme presents a comprehensive and insightful analysis of the EU ETS, written by international experts in the field. The publication includes the latest research on emissions credits, the interaction of the trading scheme with national energy policies and the debate on future expansion.
Download or read book The UK emissions trading scheme written by Great Britain. National Audit Office and published by . This book was released on 2004 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Scheme is part of the Government's climate change programme, which is designed to secure significant reductions in UK greenhouse gas emissions, believed to cause global warming. Under the Scheme, companies are issued with allowances equal to their target emissions for the year, and at the end of the year must hold enough allowances to cover its actual emissions. A company can choose to reduce its actual emissions below its target (enabling it to sell excess allowances to other companies, or to save them for use in future years), to meet its target, or to buy extra allowances to cover any emissions in excess of its target amount. This NAO report examines the Scheme's origins, impact and wider benefits, based upon consultation with participating companies and other stakeholders, case studies involving four of the biggest companies involved, and advice of an expert panel and assistance from specialist consultants. Overall, the report concludes that the Scheme is a pioneering initiative that has encouraged participants to identify emissions reductions, and has potential to benefit the UK economy. However, the fact that the Scheme is a voluntary one has led to difficulties in attracting participants and setting demanding targets. A number of recommendations are made to improve the existing UK Scheme and to help develop European trading schemes, including raising the value obtained from incentive payments and ensuring lessons are learned from the experience of the Scheme in any further developments or in the design of new environmental trading schemes.
Download or read book Emissions Trading Schemes written by Sanja Bogojevic and published by Bloomsbury Publishing. This book was released on 2013-07-04 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last four decades emissions trading has enjoyed a high profile in environmental law scholarship and in environmental law and policy. Much of the discussion is promotional, preferring emissions trading above other regulatory strategies without, however, engaging with legal complexities embedded in conceptualising, scrutinising and managing emissions trading regimes. The combined effect of these debates is to create a perception that emissions trading is a straightforward regulatory strategy, imposable across various jurisdictions and environmental settings. 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 emissions trading regime has, as its corollary, a particular governance structure, according to which the regime may be constructed and managed, and which trusts the emissions market, the state and rights in emissions allowances with distinct roles. Second, the governance structures of emissions trading regimes are culture-specific, which is a significant reminder of the importance of law in understanding not only how emissions trading schemes function but also what meaning is given to them as regulatory strategies. This is shown by deconstructing emissions trading discourses: that is, by inquiring into the assumptions about emissions trading, as featuring in emissions trading scholarship and in debates involving law and policymakers and the judiciary at the EU level. Ultimately, this book makes a strong argument for reconfiguring the common understanding of emissions trading schemes as regulatory strategies, and sets out a framework for analysis to sustain that reconfiguration.
Download or read book The Revision of the EU s Emission Trading System written by U K Stationery Office and published by The Stationery Office. This book was released on 2008-12 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both the UK and the EU have pinned much of their climate change policy on the effective opeation of the EU emissions trading system (ETS). Now in its second year the scheme has yet to demonstate that it can deliver the substantial greenhouse gas emission reductions that will form the yardstick of its success. This report examines the proposed revisions to the ETS, which would take effect in the scheme's third trading period, scheduled to last from 2013 to 2020. It is ultimately felt that if the ETS is to live up to its full potential, the aim must be to link it up with emissions trading schemes in other parts of the world so as to make the most of emission reduction opportunities in additional countries and sectors. However, the establishment of such links could prove arduous. It is anticipated that the EU may eventually face stark trade-offs between maintaining the environmental integrity of the ETS and extending its reach.
Download or read book National Allocation Plans in the EU Emissions Trading Scheme written by Michael Grubb and published by Earthscan. This book was released on 2010-09-23 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU emissions trading scheme is the largest emissions control scheme in the world, capping almost half of European CO2 emissions. As the scheme emerges from its pilot phase, this special issue of Climate Policy journal analyses the lessons learned from the last two years and their implications for phase II.The volume presents some of the key analyses that helped inform the European Commission's decisions on national allocation plans, with research ranging from detailed country-by-country comparisons to more generic analysis that puts forward the case for harmonization. Challenging calls to seperate electricity from other sectors, a macroeconomic study suggests that the biggest efficiency gains come from inter-sectoral trading, even more than international trading. Empirical papers, which look at the expected scarcity of allowances in the market and merge models for the power and non-power sectors to project emissions and contrast these to the aggregate allocation volume, are complemented by two numerical simulations of trade and distributional effects, estimating the efficiency gains of the EU ETS in phase I and assessing allocation and distribution effects in the RGGI context.
Download or read book Emissions Trading Under the Kyoto written by Aishwarya Padmanabhan and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Greenhouse gases (GHGs) can contribute to global warming regardless of their country of origin. To reduce the impacts, it doesn't matter which region of the world cuts back on emissions, as long as the overall amount across the globe falls. That is the idea behind greenhouse gas emissions trading, which places a cap on total emissions, allocates credits to individual emitters and then allows them to buy or sell credits in a market to meet their targets. These systems are set up within a cap-and-trade program enacted by legislation of the state, country or region. The Kyoto Protocol allows certain participating countries to buy and sell some of their allowances to meet their emissions targets. It also permits different domestic or regional trading schemes to link to one another. One such example is the UK Emissions Trading Scheme (UK ETS) which attempts to address the problem of GHGs. The UK ETS is one of the first examples of a market for carbon dioxide emissions trading. As a pilot scheme, it was largely inspired by the European Union Emissions Trading Scheme (EU ETS) to achieve their targets set in the Kyoto Protocol but differs on some key design aspects. The Author wishes to study this particular ETS since it has been relatively successful and it aims to understand its results and lessons learnt to date so that it can be a model or paradigm for other economies of the world to follow suit in the path towards addressing climate change issues such as Global Warming.
Download or read book Emissions Trading and Business written by Ralf Antes and published by Springer Science & Business Media. This book was released on 2006-11-22 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading (ET) challenges business managers in an entirely new manner, changing the criteria by which environmental policy steers management decisions from hierarchical to monetary. The 24 contributions to this volume discuss ET theoretically and empirically in these broad topic areas: 1) Institutional design, decision making and innovation; 2) Investment and management strategies; 3) ET and business administration and 4) Effects of existing and emerging ET schemes.
Download or read book Emissions Trading Design written by Stefan E. Weishaar and published by Edward Elgar Publishing. This book was released on 2014-02-28 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading is becoming an increasingly popular policy instrument with growing diversity in design. This book examines emissions trading design, emissions trading implementation problems and how to address them. In an easily accessible way
Download or read book Framework for the UK Emissions Trading Scheme written by and published by . This book was released on 2001 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Update on the Latest Developments in the EU Emission Trading Scheme written by Norden and published by Nordic Council of Ministers. This book was released on 2005-09-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nordic Council of Ministers commissioned an update study on the developments of the European Emissions Trading Scheeme (EUETS). The focus of the study is the interaction between the EUETS and the Nordic electricity market in general and the electricity prices to the industry in particular. The study was presented a seminar organises by the NCM in mid-march to discuss the developments with industry and market actors.
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 381 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 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 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.
