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Emission Trading Systems in Transportation
2020Emissions trading systems (ETSs) apply a market-oriented approach to the control of pollutant emissions, affording flexibility to emitters to decide when and where emissions will be abated. Most ETSs to date have applied to a limited number of stationary sources in industry and the power sector, where emissions can be easily monitored and the ETS ...
Elizabeth Zelljadt, Michael Mehling
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SSRN Electronic Journal, 2010
This article addresses the theoretical basis of emission trading, its implication, origin, basic content, procedure and its implementation basis. Then the author clarifies the advantages and disadvantages of emission trading as well as its countermeasure analysis. In the end, the article deals with the pilot project of Sino-America cooperating emission
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This article addresses the theoretical basis of emission trading, its implication, origin, basic content, procedure and its implementation basis. Then the author clarifies the advantages and disadvantages of emission trading as well as its countermeasure analysis. In the end, the article deals with the pilot project of Sino-America cooperating emission
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Energy Policy, 2006
Abstract Between 1998 and 2001, BP reduced its emissions of greenhouse gases by more than 10%. BP's success in cutting emissions is often equated with its use of an apparently market-based emissions trading program. However no independent study has ever examined the rules and operation of BP's system and the incentives acting on managers to reduce ...
David G. Victor, Joshua C. House
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Abstract Between 1998 and 2001, BP reduced its emissions of greenhouse gases by more than 10%. BP's success in cutting emissions is often equated with its use of an apparently market-based emissions trading program. However no independent study has ever examined the rules and operation of BP's system and the incentives acting on managers to reduce ...
David G. Victor, Joshua C. House
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The European Union's Emissions Trading System
Cambridge Journal of Economics, 2013This paper investigates the European Union’s Emissions Trading System (EU ETS), which is often presented as the cornerstone of the EU’s strategy for fighting climate change. The paper analyses the basic design of the scheme, its workings during the first trading period (2005–07), the adjustments made for the second trading period (2008–12) and its ...
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Endogenous Cap Reduction in Emission Trading Systems
2023Since its introduction, the European Emissions Trading Scheme (EU ETS) has been struggling with an oversupply of emission allowances and a highly volatile allowance price. One reason for the price decline is technological progress and ist demand-reducing effect, which is only partially taken into account in the system.
Grebel, Thomas, Islam, Rohidul
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Applied Mechanics and Materials, 2013
Along with the rapid development of economy, China has become the leading emitter of greenhouse gases in the world. Carbon emissions trading system is an important tool and means to response to climate change effectively and reduce greenhouse gas emissions.
Qi Wei, Man Man Tian
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Along with the rapid development of economy, China has become the leading emitter of greenhouse gases in the world. Carbon emissions trading system is an important tool and means to response to climate change effectively and reduce greenhouse gas emissions.
Qi Wei, Man Man Tian
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Pollution and Environmentalists’ Participation in Emissions Trading Systems
Strategic Behavior and the Environment, 2014In this paper, we show that the participation by an environmental group in a permit market does not necessarily result in more investment in abatement or even less pollution. There is a U-shaped relationship between the emission per unit of output and the extra weight given by the environmental group to the reduction of emissions.
Asproudis, Elias, Gil Molto, Maria Jose
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SSRN Electronic Journal
<div> This draft chapter discusses the main features and development of the <span>EU Emissions Trading System (EU ETS) from a law and economics perspective. The EU ETS is analysed in terms of environmental effectiveness and cost-effectiveness, while also paying some attention to fairness and solidarity.
Edwin Woerdman, Manolis Kotzampasakis
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<div> This draft chapter discusses the main features and development of the <span>EU Emissions Trading System (EU ETS) from a law and economics perspective. The EU ETS is analysed in terms of environmental effectiveness and cost-effectiveness, while also paying some attention to fairness and solidarity.
Edwin Woerdman, Manolis Kotzampasakis
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Trade and the emissions trading system in a small open economy
Environmental Economics and Policy Studies, 2016To control greenhouse gas emissions efficiently, we should regulate all pollution emission sources in the economy equally. However, in the real world, environmental regulations differ by sector. Using a small open economy model, this paper examines how the enforcement of an economy-wide emissions trading system (ETS) (i.e., uniform environmental ...
Yasuhiro Takarada +2 more
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The European emissions trading system
2010Die folgende Diplomarbeit behandelt das theoretische Design und die praktische Ausgestaltung des EU Emissionshandels. Das theoretische Konzept handelbarer Umweltlizenzen wurde schon 1968 von John H. Dales entwickelt. In der ökonomischen Literatur wird es überwiegend positiv bewertet.
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