Domestic Emissions Trading : Existing and Proposed Schemes

Partnership for Market Readiness

Domestic Emissions Trading : Existing and Proposed Schemes

2012

Partnership for Market Readiness

This document provides an overview and summary assessment of lessons and insights learned from various existing and presented domestic cap and trade schemes. For each scheme, a set of general characteristics (or issues) is considered. The characteristics (or issues) covered include the following: (i) coverage and scope; (ii) setting a cap; (iii) setting the points of obligation; (iv) allocation of allowances; (v) systems for domestic monitoring, reporting and verification, (MRV) and compliance; (vi) enabling trading and fostering stability; (vii) institutional arrangements, including technical and legal infrastructures; and (viii) use of offsets and linking. The domestic emissions trading schemes (ETS) included in this assessment are the following: (i) European Union (EU) ETS; (ii) New Zealand (NZ) ETS; (iii) United States (U.S.) northeast states regional greenhouse gas initiative (RGGI); (iv) California (Cal) ETS; (v) Australia clean energy future carbon pricing mechanism (Aus CPM); and (vi) Tokyo cap and trade program (C and T).

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afforestation air allocation ammonia atmosphere availability balance carbon cement climate climate change climate change mitigation co2 coal crude oil electricity emission energy consumption energy efficiency forestry forests fossil fossil fuels fuels greenhouse gases hydropower insurance iron landfills methane natural gas nitrous oxide nuclear energy ozone penalties petroleum price volatility renewable energy wind wind power

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Editorial

World Bank, Washington, DC

Otras materias

Combustion activities; Emission level; Gas emission; Emissions from deforestation; Ghgs; Forest projects; Emissions reduction; Price of allowances; Forest; Fossil fuel power; Carbon market; Thermal input; Pfcs; Petroleum products; Nuclear power; Carbon credits; Ozone depleting substances; Free allocation; Emissions from industry; Cost of energy; Abatement costs; Market distortions; Power plant; Emissions from agriculture; Waste; Electric utilities; Emission trading; Carbon trading; Forest lands; National emissions; Approach; Economic activity; Natural gas systems; Ghg; Forestry activities; Carbon price; Air resources; Clean energy; Electricity generating; Zero emissions; Marginal abatement; Solar power; Financial loss; International credits; Emissions from fuel combustion; District heating; Energy prices; Carbon units; Greenhouse gas; Emissions reductions; N2o; Sf6; Historical emissions; Sink; Fugitive emissions; Environmental integrity; Major emitter; Oil equivalent; Annual cap; Cement plant; Emissions from fuel; Windfall profits; Atmospheric concentrations; Offset projects; Price signal; Emissions intensity; Coal mines; Oil refineries; Greenhouse; Emissions from energy; Policy makers; Minimum price; Gas projects; Secondary markets; Allowance; Emissions factors; Caps; Allocation of allowances; Trading programs; Emissions; Level of emissions; Auction; Natural gas infrastructure; Domestic emissions; Financial markets; Geothermal power; Generation; Distribution of costs; Value of allowances; Clean energy technologies; Regional greenhouse gas initiative; Carbon offset; Emissions from aviation; Member states; Total emissions; Organic chemicals; Use of offsets; Emissions levels; Fossil fuel; Allowance allocations; Cement plants; Annual emissions; Investment decisions; Feasibility; Renewable energies; Offset credits; Emission reductions

Licencia

CC BY 3.0 IGO. http://creativecommons.org/licenses/by/3.0/igo/. World Bank

Tipo

Working Paper; Text; Working Paper

Fuente

Partnership for Market Readiness technical papers;no. 2

En AGRIS desde: 2022-09-15

Formato: AGRIS AP

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Enlaces

http://hdl.handle.net/10986/21831 http://documents.worldbank.org/curated/en/2012/04/24192552/domestic-emissions-trading-existing-proposed-schemes

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Domestic Emissions Trading : Existing and Proposed Schemes

2012

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