Policing carbon markets
Carbon markets have emerged in recent decades as one of the most important tools for curbing industrial greenhouse gas emissions, but they present a number of novel enforcement challenges when compared
EU-ETS
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The EU Emissions Trading System in 2019: trends and projections
The European Union (EU) Emissions Trading System (ETS) governs about 40 % of total EU greenhouse gas emissions. It sets a cap on emissions from industrial activities (e.g. power and heat production, cement
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Emissions trading with rolling horizons
In this paper the authors develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main
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Emissions trading with rolling horizons
In this paper the authors develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main
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The growth of carbon markets in Asia: the potential challenges for future development
This paper is designed to provide comprehensive details on the carbon markets across the major Asian economies and with specific attention to the Chinese carbon market. Particularly discuss the carbon
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Linking permit markets multilaterally
A patchwork of emissions trading systems (ETSs) currently operate in several jurisdictions, including the EU, Switzerland, South Korea and several US states and Canadian provinces. China has also been
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European aviation environmental report 2019
Improving technology, more efficient operations, better airports and market-based measures have not been enough to mitigate the aviation sector’s growing impacts on the environment, climate and people's
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Searching for carbon leaks in multinational companies
Does unilateral climate change policy cause companies to shift the location of production, thereby creating carbon leakage? In this paper, the authors analyse the effect of the European Union Emissions
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Intertemporal emissions trading and market design: an application to the EU ETS
In this paper, the authors develop a model to assess the market stability reserve, a key feature of reforming the European Union’s emissions trading system (EU ETS). Reforms to the EU ETS have been made
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Trends and projections in Europe 2018: tracking progress towards Europe's climate and energy targets
This report is part of the ‘Trends and Projections in Europe: 2018: Tracking progress towards Europe’s climate and energy targets,’ package. It is based on the most recent reported and approximated data
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Pricing carbon effectively: lessons from the European emissions trading system
The EU Emissions Trading System (EU ETS) is the world’s largest carbon market and has become a model for market-based approaches to reduce greenhouse gas emissions in other world regions. Evaluating and