Using Emissions Trading to Regulate Global Greenhouse Gas Emissions

Using Emissions Trading to Regulate Global Greenhouse Gas Emissions

Greenhouse Gas Emissions Trading: Allocation of Permits

Foreword The Australian Greenhouse Office commissioned The Allen Consulting Group to consult with industry and other stakeholders and provide independent advice on permit allocation options under a possible national emissions trading system. This report represents The Allen Consulting Group's findings. The Australian Greenhouse Office is releasing this report in the interest of informing and pr...

Using Emissions Trading to Regulate U.S. Greenhouse Gas Emissions: An Overview of Policy Design and Implementation Issues

In Kyoto in 1997, the US government agreed that between 2008 and 2012 it would limit average annual emissions of greenhouse gases (GHGs) to seven percent below 1990 levels. As participants in the climate policy debate consider various means by which limits on US GHG emissions might be undertaken in the wake of the Kyoto agreement, there is considerable interest but also some confusion about how...

Experimental Methods for Research into Trading of Greenhouse Gas Emissions

Why should we conduct experiments in economics? Ultimately, we wish to test whether the predictions developed through a priori economic reasoning can safely be applied in field conditions that are generally much more complicated than the abstract environment in which the theorizing occurred. To test the theory we must collect data. Frequently naturally occurring data is not appropriate for test...

Linkage of greenhouse gas emissions trading systems: learning from experience

The last ten years have seen the growth of linkages between many of the world’s cap-and-trade systems for greenhouse gases (GHGs), both directly between systems, and indirectly via connections to credit systems such as the Clean Development Mechanism. If nations have tried to act in their own self-interest, this proliferation of linkages implies that for many nations, the expected benefits of l...