Domestic Emissions Trading

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

Información bibliográfica

Editorial

World Bank, Washington, DC

Otras materias

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

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Inglés

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application/pdf, text/plain

Licencia

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

Tipo

Working Paper; Work; Working Paper

En AGRIS desde: 2024-10-18

Fecha de modificación: 2025-10-25

Formato: Dublin Core

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Enlaces

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

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Domestic Emissions Trading | Existing and Proposed Schemes

2012

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Información bibliográfica