Climate Change and Carbon Markets

This book is a guide for national and international policy-makers and industry professionals, who need to understand the carbon markets established pursuant to the Kyoto Protocol, one of the most complex agreements ever negotiated.

Climate Change and Carbon Markets

Author: Farhana Yamin

Publisher: Earthscan

ISBN: 1849770786

Page: 469

View: 193

Climate change is an environmental problem of unprecedented complexity, not just in terms of its physical, social, economic and political impacts, but particularly in terms of the range of policy instruments being designed by countries to reduce greenhouse gas emissions. Climate Change and Carbon Markets aims to provide an accessible and practical guide to cutting edge market-based mechanisms which will reduce greenhouse gas emissions. This book is a guide for national and international policy-makers and industry professionals, who need to understand the carbon markets established pursuant to the Kyoto Protocol, one of the most complex agreements ever negotiated. The book sets out how carbon markets will function by explaining the rules, institutions and procedures of the Kyoto mechanisms, including: emissions trading, joint implementation (JI) and the Clean Development Mechanism (CDM). It also provides an in-depth explanation of the EU Emissions Allowance Trading Scheme, emerging mechanisms in the US and developing countries, and how these will link up.For policy-makers, researchers and scholars; industry practitioners, companies, market service providers, technical and legal consultants, NGOs and all stakeholder organizations engaged in the Kyoto markets, this is the authoritative and comprehensive practical guide to this rapidly evolving area.Contains the full text of the key European Union documents setting up the EU Emissions Allowance Trading Scheme and the Linking Directive.

Carbon Markets

First Published in 2009. Routledge is an imprint of Taylor & Francis, an informa company.

Carbon Markets

Author: Arnaud Brohé

Publisher: Earthscan

ISBN: 1849770697

Page: 336

View: 348

First Published in 2009. Routledge is an imprint of Taylor & Francis, an informa company.

Econometric Analysis of Carbon Markets

Through analysis of the European Union Emissions Trading Scheme (EU ETS) and the Clean Development Mechanism (CDM), this book demonstrates how to use a variety of econometric techniques to analyze the evolving and expanding carbon markets ...

Econometric Analysis of Carbon Markets

Author: Julien Chevallier

Publisher: Springer Science & Business Media

ISBN: 9789400724129

Page: 217

View: 367

Through analysis of the European Union Emissions Trading Scheme (EU ETS) and the Clean Development Mechanism (CDM), this book demonstrates how to use a variety of econometric techniques to analyze the evolving and expanding carbon markets sphere, techniques that can be extrapolated to the worldwide marketplace. It features stylized facts about carbon markets from an economics perspective, as well as covering key aspects of pricing strategies, risk and portfolio management.

Voluntary Carbon Markets

This groundbreaking business book, written in a fast-paced journalistic style, draws together all the key information on international voluntary carbon markets with commentary from leading practitioners and business people.

Voluntary Carbon Markets

Author: Ricardo Bayon

Publisher: Taylor & Francis

ISBN: 1136549013

Page: 184

View: 970

The world carbon market is growing at a staggering rate with trading volumes into the tens of billions of dollars and approaching a billion tonnes of carbon dioxide. The growth prospects for business are enormous and the potential positive impacts for greenhouse gas emission reductions, climate policy options, renewable energy investment, development projects and efficiency gains are increasingly apparent. A key part of the market in greenhouse gas emissions is the rapidly growing voluntary carbon market driven by companies, organizations and individuals committed to efficiency, profitability and rapid action on climate change. HSBC, Volvo, Avis, Ricoh and American Express are but a few of the many companies now offsetting their greenhouse gas emissions and becoming 'carbon neutral', fuelling an international voluntary carbon market that is growing exponentially. This groundbreaking business book, written in a fast-paced journalistic style, draws together all the key information on international voluntary carbon markets with commentary from leading practitioners and business people. The voluntary market is complex, fragmented and multi-layered, but it is beginning to consolidate around a few guiding practices and business models from which conclusions can be drawn about market direction and opportunities. The book covers all aspects of voluntary carbon markets around the world: what they are, how they work and, most critically, their business potential to help slow climate change. It is the indispensable guide for anyone seeking to understand voluntary carbon markets and capitalize on the opportunities they present for economic and environmental benefit. If you want to be ahead of the curve for the next big thing, you need this book.

Carbon Markets in a Climate Changing Capitalism

Explores what went wrong with global carbon markets and what this means for future climate change policy and capitalism.

Carbon Markets in a Climate Changing Capitalism

Author: Gareth Bryant

Publisher: Cambridge University Press

ISBN: 1108421733

Page: 192

View: 387

Explores what went wrong with global carbon markets and what this means for future of climate change policy and capitalism.

Global Carbon Markets Are There Opportunities for Sub Saharan Africa

Elizabeth Bryan, Wisdom Akpalu, Mahmud Yesuf, and Claudia Ringler. 6.
CONSTRAINTS TO SSA PARTICIPATION IN GLOBAL CARBON MARKETS 6.1.
Constraints to Participation in the CDM Although all 15 project categories listed in
Table ...

Global Carbon Markets  Are There Opportunities for Sub Saharan Africa

Author: Elizabeth Bryan, Wisdom Akpalu, Mahmud Yesuf, and Claudia Ringler

Publisher: Intl Food Policy Res Inst

ISBN:

Page:

View: 678

The role of carbon markets in preventing dangerous climate change

See also Larry Lohmann , Carbon Trading : A Critical Conversation on Climate
Change , Privatization and Power , Uppsala , 2006 . Short - term cost -
effectiveness , of course , has been increasingly at a premium in the post - 1970s
era of ...

The role of carbon markets in preventing dangerous climate change

Author: Great Britain: Parliament: House of Commons: Environmental Audit Committee

Publisher: The Stationery Office

ISBN: 9780215543776

Page: 296

View: 201

Emissions trading is central to the Government's efforts to reduce greenhouse gas emissions in the UK. This inquiry examines the prospects for a global carbon market and the implications of this for further development of the European Union Emissions Trading System (EU ETS). It reviews the impact and future prospects for the EU ETS in meeting the Government's twin objectives of reducing emissions at lowest cost and setting a carbon price that delivers investment in low-carbon technologies. The EU ETS has emissions caps set too high to force emitters to make the often costly investment decisions which would reduce emissions. The recession has only served to loosen what little constraint the cap provided. The carbon price has been too low to encourage the necessary investment in low-carbon processes and infrastructure. The cap mechanism therefore needs to be significantly tightened. This should be supported by cancelling 'new entrant reserve' allowances and auctioning as many allowances as possible, rather than giving them away for free (with the revenues possibly hypothecated to climate change measures). The Government should explore the possible use of a carbon tax. It should also encourage more use of allowance auctions with reserve prices, more use of incentives for low-carbon power generation and emissions performance standards for electricity generation. The emphasis should also be on harmonising the approach internationally, and on extending effective emissions trading systems. The Committee lists 19 conclusions and recommendations.

The Politics of Carbon Markets

us to theorize the politics in the creation, maintenance and contestation of carbon
markets in terms of depoliticising and repoliticising narratives, institu- tions,
techniques and technologies. Depoliticisation is never entirely complete, it
cannot ...

The Politics of Carbon Markets

Author: Benjamin Stephan

Publisher: Routledge

ISBN: 1134590059

Page: 284

View: 288

The carbon markets are in the middle of a fundamental crisis - a crisis marked by collapsing prices, fleeing actors, and ever increasing greenhouse gas levels. Yet carbon trading remains at the heart of global attempts to respond to climate change. Not only this, but markets continue to proliferate - particularly in the Global South. The Politics of Carbon Markets helps to make sense of this paradox and brings two urgently needed insights to the analysis of carbon markets. First, the markets must be understood in relation to the politics involved in their development, maintenance and opposition. Second, this politics is multiform and pervasive. Implementation of new techniques and measuring tools, policy development and contestation, and the structuring context of institutional settings and macro-social forces all involve a variety of political actors and create new forms of political agency. The contributions study the total extent of the carbon markets, from their prehistory to their contemporary expansion and wider impacts. This wide-ranging political perspective on the carbon markets is invaluable to those studying and interested in ecological markets, climate change governance and environmental politics.

Forest Carbon Markets Potential and Drawbacks

Forests are major carbon sinks (storehouses), and activities that alter forests can
release or sequester carbon dioxide (CO2), the most common greenhouse gas (
GHG). Some carbon markets have been formed under mandatory GHG reduction
 ...

Forest Carbon Markets  Potential and Drawbacks

Author:

Publisher: DIANE Publishing

ISBN: 1437922708

Page:

View: 934

Fraud and Carbon Markets

The debut of the scheme in 2005 was very promising and back then carbon
markets were foreseen as having the potential to pass the oil markets in terms of
price and liquidity; however, ulterior developments brought carbon trading nearly
to a ...

Fraud and Carbon Markets

Author: Marius-Christian Frunza

Publisher: Routledge

ISBN: 1135131414

Page: 188

View: 385

The VAT Carousel Fraud has seriously undermined the financial integrity of the European Union Emissions Trading Scheme (EU ETS). This timely book is the first to give an overview of fraud in the carbon market. Written by a former broker, it presents unique material on the carbon fraud mechanics and analyses the missing trader fraud (VAT fraud) on European carbon allowances markets with a focus on financial and organised crime issues. Fraud and Carbon Markets: The Carbon Connection assesses the weaknesses of the Kyoto Protocol and environmental markets, using statistics as a forensic tool on the capital markets. It describes specific cases, the court investigations and various mechanisms. It addresses issues of money laundering and international fraud on capital markets, such as stock manipulation, by exploring the financial mechanisms of the fraud, their impact on the market behaviour and the consequences on their econometric features. Researchers and students in climate change policy, environmental finance, financial law, organised crime, forensic statistics, financial regulation and risk management as well as financial regulators and policy makers will find this book of great interest.

The Social Impacts of Carbon Markets in Costa Rica

Following the assessment of the social impacts of the carbon markets in the
Huetar Norte region, the project concludes that these markets are more than an
exchange of goods in the traditional sense between buyers and sellers. A new
group ...

The Social Impacts of Carbon Markets in Costa Rica

Author:

Publisher: IIED

ISBN: 1843694522

Page: 39

View: 690

Carbon Markets or Climate Finance

Low Carbon and Adaptation Investment Choices for the Developing World Axel
Michaelowa. carbon credits were not generated and alsoto incentivize the
owners of the underlying assets within the NAMA as they will earn enhanced
equity ...

Carbon Markets or Climate Finance

Author: Axel Michaelowa

Publisher: Routledge

ISBN: 1136471251

Page: 272

View: 333

This book builds on a decade-long experience with mechanisms provided by the Kyoto Protocol and the UN Framework Convention on Climate Change. It discusses the challenges of climate finance in the context of the post-Copenhagen negotiations and provides a long-term outlook of how climate finance in developing countries could develop. Written by climate finance experts from academia, carbon finance businesses and international organisations, the book provides background, firsthand insights, case studies and analysis into the complex subject area of climate finance.

Quality Enhancement in Voluntary Carbon Markets

Four nations race to be first to go carbon neutral. In : The Independent UK,
London. Online available : http://www.independent.co.uk/environment/climate-
change/four-nations-in-race-tobe-first-to-go-carbon-neutral-802627.html.
Accessed ...

Quality Enhancement in Voluntary Carbon Markets

Author: Kathleen Leonard

Publisher: Diplomica Verlag

ISBN: 3836678578

Page: 156

View: 235

Climate change is the major challenge of the 21st century. In order to mitigate global warming, atmospheric carbon dioxide has to be reduced dramatically. Via instruments designed by the soon expiring Kyoto Protocol and different other measures, the international community aims to realise this carbon reduction. Experts speak of carbon markets. Where companies, organisations and individuals are seeking to neutralise their carbon footprints, financial actors are making enormous profits. But whom does this market really serve? Economy, environment or both? This study intends to increase the understanding of such markets and to analyse strengths and weaknesses for defining possible quality actions. Firstly, an overview of presently existing and developing carbon markets, their differentiation and locations will provide basic comprehension of the current status of carbon trading. Questions about the role of the US or developing nations like China and India will be answered. Who is forerunner in this market? Afterwards, this work will concentrate on non-binding or so called voluntary carbon transactions. The reader will learn about the supply structure of non-compliance carbon trading and market drivers. Major project types will be discussed as well. Furthermore, the question will be raised if offsetting or voluntary carbon trading has an effect on global warming, if it improves the situation - or not. After analysing market structures and participants' motivations, the author will have a closer look on criticism and markets weaknesses, before introducing quality mechanisms. What instruments will open the carbon market for mainstream participants? Which structural changes are necessary to enhance quality in this nascent market? An outlook will be given on how the voluntary carbon market most probably develops. Finally, the reader will be acquainted with voluntary carbon markets and may decide weather or not they are an option to counteract climate change, the major chall

Effective Global Carbon Markets

As numerous jurisdictions implement emissions mitigation mechanisms that put a price on carbon, this incisive book explores the emerging emissions markets and their diverse and fragmented nature.

Effective Global Carbon Markets

Author: Justin D. Macinante

Publisher: Edward Elgar Publishing

ISBN: 1839109483

Page: 264

View: 615

As numerous jurisdictions implement emissions mitigation mechanisms that put a price on carbon, this incisive book explores the emerging emissions markets and their diverse and fragmented nature. It proposes an innovative model for connecting such markets, offering a significantly more successful and expeditious achievement of climate policy objectives.

The Carbon Market

Introduction The objective ofACRP Project 11-02 (Task 18), “Primer on Carbon
Credits and Revenue Opportunities for Airports” is to prepare a primer for airport
owners, managers, and operators that describes the evolving “carbon markets” ...

The Carbon Market

Author: Melissa Ritter

Publisher: Transportation Research Board

ISBN: 0309213681

Page: 72

View: 769

"The primer is intended to provide a comprehensive overview of the evolving greenhouse gas (GHG) credit or carbon credit and related markets; describe the role airports play in these markets; [and] identify areas where U.S. airports may be able to participate and capture additional revenue or other forms of reputational or environmental stewardship value from these markets"--P. 5.

Demand in a Fragmented Global Carbon Market

Carbon markets were established in 1990s to serve as a tool for costeffective
implementation of climate policy. After a tremendous growth in both volume and
monetary terms, the markets now face a serious demand crisis resulting in ...

Demand in a Fragmented Global Carbon Market

Author: Sampo Seppènen

Publisher: Nordic Council of Ministers

ISBN: 928932533X

Page: 100

View: 297

The global carbon market currently faces a deep demand crisis. The consequent price fall reduces the incentive to make low-carbon investments and thus increases the risk of locking in carbon-intensive infrastructure. The global carbon market relies on ambitious climate policy and consists of a mosaic of different schemes. Despite the current lack of ambitious global climate policy, various market-based approaches are emerging around the world, indicating increasing scope and fragmentation of the carbon markets. This report, conducted by GreenStream together with Climate Focus, analyses the status and outlook of global carbon markets and identifies measures and circumstances how new demand for carbon credits could be created to strengthen global efforts to limit the global average temperature rise to 2êC, taking into account the trend towards fragmentation of carbon markets.

The Evolution of Carbon Markets

Carrying out a ground-breaking analysis of their design and diffusion, this book covers all the major carbon market systems and processes around the world: the EU, RGGI, California, Tokyo, New Zealand, Australia, China, South Korea and ...

The Evolution of Carbon Markets

Author: Jørgen Wettestad

Publisher: Routledge

ISBN: 135185559X

Page: 264

View: 614

Carbon markets are developing and expanding around the world, but how and to what extent is their design shaped by learning and interaction between them? How do these markets function and what is the role of design? Carrying out a ground-breaking analysis of their design and diffusion, this book covers all the major carbon market systems and processes around the world: the EU, RGGI, California, Tokyo, New Zealand, Australia, China, South Korea and Kazakhstan. It offers a systematic, in-depth discussion and comparison of the key design features in these systems with expert contributors exploring how, and to what extent, these features have been shaped by central policy diffusion mechanisms and domestic politics. By focussing on the specific design features of the instruments used, this volume makes important contributions to diffusion theory, highlighting how ETS diffusion processes more often have resulted in design divergence than convergence, and discussing the implications of this finding for the vision of linked systems in the post-Paris era. It will be of significant interest to a broad audience interested in the emergence, evolution, functioning and interaction of carbon markets.

Upsetting the Offset

It presents a range of case studies and critiques from around the world, showing how the scam of carbon markets affects the lives of communities. But the book doesn't stop there.

Upsetting the Offset

Author: Steffen Böhm

Publisher: Fastprint Publishing

ISBN: 9781906948061

Page: 363

View: 729

Upsetting the Offset engages critically with the political economy of carbon markets. It presents a range of case studies and critiques from around the world, showing how the scam of carbon markets affects the lives of communities. But the book doesn't stop there. It also presents a number of alternatives to carbon markets which enable communities to live in real low-carbon futures.

Legal Aspects of Carbon Trading

This work covers the legal aspects of these schemes, as well as reform of the ETS, and the successor regime to the 1997 Kyoto Protocol currently being negotiated. It will be invaluable to those involved in the field.

Legal Aspects of Carbon Trading

Author: David Freestone

Publisher: Oxford University Press

ISBN: 0199565937

Page: 657

View: 612

Since 2005 the carbon market has grown to a value of nearly $100 billion per annum, including the EU Emissions Trading Scheme and other schemes. This work covers the legal aspects of these schemes, as well as reform of the ETS, and the successor regime to the 1997 Kyoto Protocol currently being negotiated. It will be invaluable to those involved in the field.