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
Cap And Trade
-
India to unveil emissions trading scheme on February 1
INDIA will be unveiling its own cap and trade mechanism to deal with air pollution on February 1. The proposed market-based mechanism seeks to introduce a system of self-regulation among industrial units by putting a price on emission of pollutants. A price for emissions, makes it costly to pollute, therefore incentivising polluters to reduce emissions.
-
EU Carbon Market To Reopen Step By Step After Theft
The European Union will re-open its emissions trading scheme step by step as security improves, after a possibly concerted theft by hackers of carbon permits worth up to 30 million euros ($40.5 million), EU officials said. The EU on Wednesday imposed a week-long freeze on spot trade in its carbon market, the bloc's chief weapon for fighting climate change, after emissions permits called EU allo
-
A method to finance a global climate fund with a harmonized carbon tax
Funding a response to climate change after Kyoto will require another look at both burden sharing and funding mechanisms. After reviewing the risks of cap-and-trade with carbon offsets and the advantages of a harmonized carbon tax, a method is proposed to utilize a harmonized carbon tax to finance a global climate fund.
-
Australia Brings Forward Decision On Carbon Price
Australia's government intends to wrap up an agreement next year on pricing carbon, Prime Minister Julia Gillard said Monday, testing the strength of her minority rule and pressing the accelerator on Canberra's climate change fight. As world climate talks got underway in Mexico, Gillard said the government would bring forward by a year a decision on how to price carbon emissions, but left uncle
-
Carbon pricing will spur clean energy
P E R S P E CT I V E S INDIA
-
California Braces for Showdown on Emissions
A ballot initiative to suspend a milestone California law curbing greenhouse gas emissions is drawing a wave of contributions from out-of-state oil companies, raising concerns among conservationists as it emerges as a test of public support for potentially costly environmental measures during tough economic times. Charles and David Koch, the billionaires from Kansas who have played a prominent
-
Emission policy must include plantation sector, says official
Inclusion of interests of the plantation sector in cap and trade negotiations is necessary to explore the sector
-
Centre's carrot-and-stick policy for States on pollution control
Priscilla Jebaraj NEW DELHI: The Central government is attempting to drive the States' fight against pollution with a series of carrot-and-stick measures, many announced on Tuesday at a meeting of Pollution Control Boards.
-
Slow progress
As China surges ahead with renewable energy, all forward motion seems to have stalled in the US Senate. Two weeks ago, with the November elections in mind and the Republican minority in no mood to compromise, the Senate's Democratic leaders admitted that they would not have the votes this year to pass any kind of cap-and-trade system to curb carbon emissions. (Editorial)
-
Buying and cancelling allowances as an alternative to offsets for the voluntary market: a preliminary review of issues
In recent years, businesses, local governments and individuals have set goals for reducing their emissions of greenhouse gases. In addition to directly reducing their own emissions, many of these entities have purchased carbon offsets to help achieve their mitigation goals.