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This paper explores the prospects for a global carbon market as the centrepiece of any serious attempt to reach the ambitious goal for greenhouse gas (GHG) reductions set by climate scientists. My aim is to clarify the extent to which we know what policy
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Designing carbon markets, Part II: Carbon markets in space [PDF]
This paper analyses the design of carbon markets in space (i.e., geographically). It is part of a twin set of papers that, starting from first principles, ask what an optimal global carbon market would look like by around 2030. Our focus is on firm-level cap-and-trade systems, although much of what we say would also apply to government-level trading ...
Hepburn, Cameron, Fankhauser, Samuel
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Designing carbon markets. Part I: Carbon markets in time [PDF]
This paper analyses the design of carbon markets in time (i.e., intertemporally). It is part of a twin set of papers that ask, starting from first principles, what an optimal global carbon market would look like by around 2030. Our focus is on firm-level cap-and-trade systems, although much of what we say would also apply to government-level trading ...
Fankhauser, Samuel, Hepburn, Cameron
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A legal experiment refers to approbation of legislative novelties on a limited scale and covering a limited number of people aiming at assessing effectiveness and usefulness of novelties in order to determine optimal options for future commonly ...
A. S. Matnenko, D. A. Gershinkova
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Identification of Breakpoints in Carbon Market Based on Probability Density Recurrence Network
The scientific judgement of the structural abrupt transition characteristics of the carbon market price is an important means to comprehensively analyze its fluctuation law and effectively prevent carbon market risks.
Mengrui Zhu +5 more
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Risk Spillovers between China’s Carbon and Energy Markets
In recent years, with the intensification of global warming and the greenhouse effect, the global consensus has focused on efficient, clean, low-carbon, and green development as a means of achieving new economic growth.
Qianrui Hwang +6 more
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Research on Electric Vehicle Smart Charging Strategy on Carbon Emission Minimization
At the beginning, this paper built a generator marginal output power incremental model according to the carbon emission characteristics of the clean energy source and traditional generation devices, geographical location of clean energy source, base load
Yu ZHANG +5 more
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Carbon Pricing and the Transition from Voluntary to Mandatory Markets [PDF]
The current national and global call for a coordinated and meaningful response to climate change concerns is certain to shift the United States from several regional and voluntary carbon markets today to a global compulsory market in the near future.
Brown, Sam +4 more
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Recently, a consortium of companies including Stripe, Alphabet, Shopify, Meta, and McKinsey allocated US$925 million for advanced market commitments to kickstart the early-stage Carbon Dioxide Removal (CDR) market.
Samuel Wenger +2 more
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Forecasting the European carbon market [PDF]
In an effort to meet its obligations under the Kyoto Protocol, in 2005 the European Union introduced a cap-and-trade scheme where mandated installations are allocated permits to emit CO2.
Alberola +29 more
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