emissions trading principles and practice resources for the future

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Emissions Trading

Author : Thomas H. Tietenberg
ISBN : 9781136526206
Genre : Business & Economics
File Size : 25. 93 MB
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First published in 1985, Emissions Trading was a comprehensive review of the first large-scale attempt to use economic incentives in environmental policy in the U.S. and of the empirical and theoretical research on which this approach is based. 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 transferable permits to control pollution has evolved, looks at how these programs have been implemented in the U.S. and internationally, and offers an objective evaluation of the resulting successes, failures, and lessons learned over the last twenty-five years.

Environmental Commodities Markets And Emissions Trading

Author : Blas Luis Pérez Henríquez
ISBN : 9781136521782
Genre : Political Science
File Size : 85. 34 MB
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Market-based solutions to environmental problems offer great promise, but require complex public policies that take into account the many institutional factors necessary for the market to work and that guard against the social forces that can derail good public policies. Using insights about markets from the new institutional economics, this book sheds light on the institutional history of the emissions trading concept as it has evolved across different contexts. It makes accessible the policy design and practical implementation aspects of a key tool for fighting climate change: emissions trading systems (ETS) for environmental control. Blas Luis Pérez Henríquez analyzes past market-based environmental programs to extract lessons for the future of ETS. He follows the development of the emissions trading concept as it evolved in the United States and was later applied in the multinational European Emissions Trading System and in sub-national programs in the United States such as the Regional Greenhouse Gas Initiative (RGGI) and California’s ETS. This ex-post evaluation of an ETS as it evolves in real time in the real world provides a valuable supplement to what is already known from theoretical arguments and simulation studies about the advantages and disadvantages of the market strategy. Political cycles and political debate over the use of markets for environmental control make any form of climate policy extremely contentious. Pérez Henríquez argues that, despite ideological disagreements, the ETS approach, or, more popularly, 'cap-and-trade' policy design, remains the best hope for a cost-effective policy to reduce GHG emissions around the world.

Issues For Debate In Corporate Social Responsibility

Author : CQ Researcher,
ISBN : 9781412977562
Genre : Business & Economics
File Size : 60. 84 MB
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Issues for Debate in Corporate Social Responsibility is a contemporary collection of articles covering core issues within the controversial topic of corporate social responsibility (CSR). The book is intended to supplement core courses in the Business and Management titled Corporate Social Responsibility, Environment of Business, Business Ethics, and Business Policy. The book offers an insight into topics often covered in CSR courses and texts: organizational issues; economic issues; and societal issues. There are a total of 15 highly contemporary and data-rich articles in the collection. Each article gives substantial background and analysis of a particular issue as well as useful pedagogical features to inspire critical thinking and to help students grasp and review key material.

Pollution Cap And Trade Programs In Kentucky

Author : Mike Clark
ISBN : UOM:39015073590062
Genre : Air
File Size : 85. 10 MB
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Climate Policy

Author :
ISBN : STANFORD:36105132668745
Genre : Climatic changes
File Size : 54. 19 MB
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Planetary Economics

Author : Michael Grubb
ISBN : 9781317934455
Genre : Political Science
File Size : 86. 82 MB
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How well do our assumptions about the global challenges of energy, environment and economic development fit the facts? Energy prices have varied hugely between countries and over time, yet the share of national income spent on energy has remained surprisingly constant. The foundational theories of economic growth account for only about half the growth observed in practice. Despite escalating warnings for more than two decades about the planetary risks of rising greenhouse gas emissions, most governments have seemed powerless to change course. Planetary Economics shows the surprising links between these seemingly unconnected facts. It argues that tackling the energy and environmental problems of the 21st Century requires three different domains of decision-making to be recognised and connected. Each domain involves different theoretical foundations, draws on different areas of evidence, and implies different policies. The book shows that the transformation of energy systems involves all three domains - and each is equally important. From them flow three pillars of policy – three quite distinct kinds of actions that need to be taken, which rest on fundamentally different principles. Any pillar on its own will fail. Only by understanding all three, and fitting them together, do we have any hope of changing course. And if we do, the oft-assumed conflict between economy and the environment dissolves – with potential for benefits to both. Planetary Economics charts how.

Market Power In A Storable Good Market

Author : Matti Liski
ISBN : UCSD:31822035491059
Genre : Carbon offsetting
File Size : 58. 55 MB
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We consider a market for storable pollution permits in which a large agent and a fringe of small agents gradually consume a stock of permits until they reach a long-run emissions limit. The subgame-perfect equilibrium exhibits no market power unless the large agent's share of the initial stock of permits exceeds a critical level. We then apply our theoretical results to a global market for carbon dioxide emissions and the existing US market for sulfur dioxide emissions. We characterize competitive permit allocation profiles for the carbon market and find no evidence of market power in the sulfur market.

Journal Of Economic Literature

Author :
ISBN : UCSD:31822022954333
Genre : Economics
File Size : 64. 75 MB
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Choosing Environmental Policy

Author : Winston Harrington
ISBN : 1891853872
Genre : Political Science
File Size : 52. 71 MB
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The two distinct approaches to environmental policy include direct regulation-sometimes called 'command and control' policies-and regulation by economic, or market-based incentives. This book is the first to compare the costs and outcomes of these approaches by examining realworld applications. In a unique format, paired case studies from the United States and Europe contrast direct regulation on one side of the Atlantic with an incentivebased policy on the other. For example, Germany?s direct regulation of SO2 emissions is compared with an incentive approach in the U.S. Direct regulation of water pollution via the U.S. Clean Water Act is contrasted with Holland?s incentive-based fee system. Additional studies contrast solutions for eliminating leaded gasoline and reducing nitrogen oxide emissions, CFCs, and chlorinated solvents. The cases presented in Choosing Environmental Policy were selected to allow the sharpest, most direct comparisons of direct regulation and incentive-based strategies. In practice, environmental policy is often a mix of both types of instruments. This innovative investigation will interest scholars, students, and policymakers who want more precise information as to what kind of 'blend' will yield the most effective policy. Are incentive instruments more efficient than regulatory ones? Do regulatory policies necessarily have higher administrative costs? Are incentive policies more difficult to monitor? Are firms more likely to oppose market-based instruments or traditional regulation? These are some of the important questions the authors address, often with surprising results.

International Challenge Of Climate

Author : Great Britain. Parliament. House of Commons. Environmental Audit Committee
ISBN : 0215023315
Genre : Climatic changes
File Size : 54. 31 MB
Format : PDF
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The Committee's report examines the issue of how to tackle climate change in an international context, in light of the fact that the UK will hold both the presidency of the EU and the chair of the G8 this year. Topics discussed include: the impact of global warming and emissions forecasts; the EU emissions trading system; the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol; options for a post 2012 framework; and UK government objectives for 2005.

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