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 Update on the Latest Developments in the EU Emission Trading Scheme written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 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 Rescuing EU Emissions Trading written by Jørgen Wettestad and published by Springer. This book was released on 2016-05-25 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws upon a meticulous study of background documents and a string of fresh interviews to tell the fascinating story of how the EU’s climate flagship was significantly improved. The EU’s emissions trading system (ETS) covers almost half of its greenhouse gas emissions and has been hailed as the cornerstone and flagship of EU climate policy. But in spring 2013 the ETS was in severe crisis, with a huge surplus of allowances and a sagging carbon price. Even a formally simple measure to change the timing of auctioning was initially rejected by the European Parliament. Two years later a much more important ‘market thermostat’ was adopted (i.e. the Market Stability Reserve) and proposals for a complete ETS overhaul were put on the table. This book examines and explains how it was possible to turn the flagship around so quickly. Crucial changes at EU and national levels are identified, chief among them in Germany and the European Parliament.
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 TemaNord written by Nordisk Ministerråd and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Climate Change and European Emissions Trading written by Michael G. Faure and published by Edward Elgar Publishing. This book was released on 2008 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of twelve superbly written contributions by leading researchers and scientists on greenhouse gas emissions trading by members of the European Union, as well as alternatives and new developments in this specialized area of global warming and reduction related commercial exchange. . . a seminal and strongly recommended work of particular relevance and value for both academic and governmental reference library collections on international environmental studies. Midwest Book Review This timely book focuses on the EU-wide greenhouse gas emissions trading scheme for major sources. It combines legal and economic approaches and reviews the major revision of this scheme. A distinguished range of authors assess the experiences thus far and also consider future development from both theoretical and practical perspectives. They also discuss many design options, including auctioning, credit and trade, the inclusion of aviation emissions, and linking possibilities. Moreover, attention is paid to the role of legal principles, the role of case law, and to aspects of democratic accountability within an emissions trading scheme. Ways to avoid carbon leakage and the role of national climate policies are also discussed. This book makes clear that the economic efficiency and effectiveness of an emissions trading scheme depend to a large extent on the specific legislative choices, and hence the legislative design of such a scheme deserves meticulous attention. Discussing legal and economic aspects of emissions trading, this book offers new insights to academics and policy makers both in the public and private sector. Those insights are not only relevant for understanding the past, but moreover for guiding the future design of emissions trading for greenhouse gases.
Download or read book The EU s Emissions Trading Scheme Achievements Key Lessons and Future Prospects Egmont Papers 40 written by and published by Academia Press. This book was released on with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Business Consequences of the EU Emissions Trading Scheme written by and published by CEPS. This book was released on 2005 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 The European Emission Trading System and Its Followers written by Simone Borghesi and published by Springer. This book was released on 2016-04-16 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the rapid spread of ETSs in an increasing number of countries and the important role that they are likely to play for the success or failure of the environmental policy in the years to come, this book provides an interdisciplinary analysis of the EU ETS from both the legal and economic perspectives comparing it with the other main ETSs existing worldwide, in order to assess whether the EU ETS has truly represented a prototype for the other ETSs established around the world and to investigate the current perspectives for linking them in the future.Through the years, the EU ETS has progressively gained a paramount position within the EU environmental policy and climate change legislation and currently represents the most striking flagship in this sector, with more than 11.000 installations covered by the scheme. In parallel, the EU ETS has paved the way for the establishment of many other ETSs in several other jurisdictions. Such schemes are now recognized worldwide as the “cornerstones” of the climate change policy.
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 Challenges of a Common Climate Policy written by Vanessa Aufenanger and published by kassel university press GmbH. This book was released on 2012 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book EU Action Against Climate Change written by and published by . This book was released on 2008 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The European Emission Trading System Market Stability Reserve written by Stephan Kruse and published by GRIN Verlag. This book was released on 2023-05-17 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2023 in the subject Economics - Other, grade: 2,3, Humboldt-University of Berlin, language: English, abstract: Introduced in 2015 by the Council of the European Union (EU) and the European Parliament and put into effect in 2019, the Market Stability Reserve (MSR) was introduced as a central tool to regulate the flaws of the cap-and-trade Emission Trading System (ETS) of the EU. The EU set the goal to reach the climate targets from the Kyoto protocol decided upon in 1997 as well as the Paris agreement adopted in 2015 regarding the reduction of their greenhouse gas emissions (GHGs). Purpose was not only to lower emissions but to achieve this in the most cost-effective and coordinated way. As the largest emission trading system in the world, the EU ETS covers 30 countries and around 10,000 facilities. In total, 40% of the emissions of these countries are covered by the ETS. Recent efforts of the EU’s Green Deal intend to increase the environmental ambitions of the EU even more and reform the MSR along its “Fit for 55 program” . The MSR plays a significant role in this reform and has been used as the central regulating tool in order to improve structural supply-demand imbalances since its implementation. The goal of this thesis is to outline in what regard the Market Stability Reserve is helpful within the EU ETS to get closer to the EU’s most recent environmental goals and what changes could be made to make it more efficient. In the second chapter, the EU’s sustainability intentions as well as the EU ETS in general will be outlined. The third chapter, will describe the function and mechanisms of the MSR composition in detail as well as what the intentions behind its implementation and changes were as it has considerably changed its structure since its creation . Chapter 3 will also describe and illustrate the market mechanisms of the MSR graphically from a micro economic aspect. Chapter 4 will present four different phenomena of the ETS and highlight how they impact and influence the MSR and how conversely the MSR influences them along with a specific example. The 5th chapter will discuss proposed changes that could help it become more efficient as the system is constantly changing and new reforms are already expected. Chapter 6 will look at future possibilities of the ETS complementing or replacing the MSR. In chapter 7, the core findings of this paper are discussed before concluding the most relevant findings in chapter 8.
Download or read book The EU Emissions Trading Scheme written by Katja Philipps and published by GRIN Verlag. This book was released on 2013-09-27 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Politics - Topic: European Union, grade: 1,0, University of Münster (Institut für Politikwissenschaft), course: European Environmental Politics, language: English, abstract: Due to ever mounting scientific evidence, today neither climate sceptics nor climate believers deny the fact that climate change is occurring and that human activity can be regarded as a prime cause. Uncertainty solely remains about the precise relationship between specific concentrations of particular greenhouse gases – most importantly water vapour and carbon dioxide – and changes in global temperatures. It is beyond doubt that certain gases in the atmosphere contribute to the so-called ‘greenhouse effect’ by trapping heat. Human activity like burning carbon-based fuels, but also deforestation and ploughing is intensifying this effect and causing a constant rise in carbon dioxide concentrations. The growing empirical evidence for climate change triggered a global response, even though some authors classify it as ‘meagre’ (Helm 2008). In 1992, 154 countries joined the United Nations Framework Convention on Climate Change (UN FCCC), to cooperatively consider what they could do in order to limit average global temperature increases and the resulting climate change. The UN FCCC built upon the Intergovernmental Panel on Climate Change (IPCC) established in 1988, an international scientific collaboration entrusted with the task to ‘provide the world with a clear scientific view on the current state of knowledge in climate change and its potential environmental and socio-economic impacts’ (IPPC n.d.). The UN FCCC finally kicked off the process which culminated in the Kyoto Protocol, adopted in Japan on 11 December 1997 and entering into force on 16 February 2005. The Protocol commits 37 industrialized countries and the European Union (EU) to stabilize their greenhouse gas emissions and sets binding emission reduction targets for a certain period (cf. UN FCCC n.d.). Being of particular relevance for this paper, the Kyoto agreement enabled the European Union Emissions Trading Scheme (EU ETS) to get under way as a prototype for a global emissions-trading regime. The aim of this paper is to have a closer look at the EU ETS and to examine whether the development of the regime can be explained by using the lens of policy network analysis – a concept that appears particularly well suited to grasp the essence of multi-level governance in the European Union (cf. Jachtenfuchs 2001:255). The central question is whether the actors involved in the development of the EU ETS can be identified and classified by using policy network analysis as a theoretical framework.
