Equity and Efficiency in Environmental Markets: Global Trade in Carbon Dioxide Emissions
نویسندگان
چکیده
This chapter addresses a topical issue: the creation of a global market for carbon dioxide (CO2) emission permits.1 The recent adoption in the Kyoto Protocol of an ambitious target for global CO2 emission has focused attention on policy instruments for achieving this goal. In addition, increasing awareness of the economic burden of environmental protection has produced an interest in market-based policy instruments that can minimize detailed government intervention. As a result markets for emission rights are today the approach of choice of the U.S. administration.2
منابع مشابه
Economic and Environmental Factors Determining the Amount of Carbon Dioxide Emissions in the MENA Countries
Abstract: The gradual warming of the earth and its negative environmental and economic impacts contributed to pay attention to sustainable development considerably. Since climate change is a major cause of greenhouse gas emissions, including CO2, countries are seeking to prevent the rapid growth of emissions to reduce global climate change. Accordingly, and considering the importance of the sub...
متن کاملSimulation of methanol synthesis by hydrogenation of carbon dioxide recovered from combustion gases of Fluid Catalytic Cracking Unit of Abadan Refinery
Refineries produce about four percent of the global carbon dioxide emissions, close to one billion tons per year. Globally, the refining sector is the third largest producer of carbon dioxide after the electricity generation and cement industry.This greenhouse gases is a major cause of global warming and climate change and is a serious threat to human health and the environment. One way to redu...
متن کاملWelfare Gains under Tradable CO2 Permits
Introduction It is easy to understand the opposition to liberalized trade in established markets: Domestic producers loose from increased foreign competition. It is harder to understand the opposition to creating markets, including international markets, where they currently do not exist. Many economists and policymakers have proposed establishing tradable carbon permits to decrease the cost of...
متن کاملEffect of Government Size on Environmental Pollution in Iran
Given the importance of the issue and the undeniable role of the environment in the community's life, in this research, it is attempted to test the hypothesis of the relationship between the government size and composition of government expenditure (Current and developmental) on carbon dioxide emissions in Iran during 1971-2016 based on autoregressive distributed lag approach. To better explain...
متن کاملMeasurement and Analysis of Green Energy Economy Indicators in Iran (Measurement of Carbon Dioxide Emission and its Elasticity)
Achieving sustainable economic growth is one of the most important goals of countries' economic programs and policies in the current era. Along with economic growth, consumption of energy rises. Since fossil fuels provide a major share of the world's energy, increased fuel consumption is an inevitable feature of economic growth. Continuation of this trend increases greenhouse gas emmissions, n...
متن کامل