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Trading Scheme (trading + scheme)

Distribution by Scientific Domains
Humanities and Social Sciences57%

Kinds of Trading Scheme

  • emission trading scheme
    		•

    Selected Abstracts

    Native wildlife on rangelands to minimize methane and produce lower-emission meat: kangaroos versus livestock

    CONSERVATION LETTERS, Issue 3 2008
    George R. Wilson
    Abstract Ruminant livestock produce the greenhouse gas methane and so contribute to global warming and biodiversity reduction. Methane from the foregut of cattle and sheep constitutes 11% of Australia's total greenhouse gas emissions (GHG). Kangaroos, on the other hand, are nonruminant forestomach fermenters that produce negligible amounts of methane. We quantified the GHG savings Australia could make if livestock were reduced on the rangelands where kangaroo harvesting occurs and kangaroo numbers increased to 175 million to produce same amount of meat. Removing 7 million cattle and 36 million sheep by 2020 would lower Australia's GHG emissions by 16 megatonnes, or 3% of Australia's annual emissions. However, the change will require large cultural and social adjustments and reinvestment. Trials are underway based on international experiences of managing free-ranging species. They are enabling collaboration between farmers, and if they also show benefits to sustainability, rural productivity, and conservation of biodiversity, they could be expanded to incorporate change on the scale of this article. Farmers have few options to reduce the contribution that livestock make to GHG production. Using kangaroos to produce low-emission meat is an option for the Australian rangelands which would avoid permit fees under Australia's Emissions Trading Scheme, and could even have global application. [source]

    Grandfathering and Greenhouse: The Role of Compensation and Adjustment Assistance in the Introduction of a Carbon Emissions Trading Scheme for Australia

    ECONOMIC PAPERS: A JOURNAL OF APPLIED ECONOMICS AND POLICY, Issue 2 2009
    Flavio Menezes
    Q52; Q58 The terms "grandfather clause" and "grandfathering" describe elements of a policy programme in which existing participants in an activity are protected from the impact of regulations, restrictions or charges applied to new entrants. In this paper, the role of grandfathering in the design of a carbon emissions trading scheme in Australia is assessed. It is argued that adjustment assistance policies such as those adopted in conjunction with previous microeconomic reform programmes are preferable to policies based on the free issue of emission permits. The suggestion that owners of capital assets should be compensated for changes in government policy that reduce the expected flow of income from those assets represents a radical, and undesirable, policy innovation. [source]

    Preparing for the ,real' market: national patterns of institutional learning and company behaviour in the European Emissions Trading Scheme (EU ETS)

    ENVIRONMENTAL POLICY AND GOVERNANCE, Issue 5 2008
    Anita Engels
    Abstract European companies have reacted in different ways to the European Emissions Trading Scheme (EU ETS), Phase I. While some companies engaged in an active trading behaviour focused on additional revenues, others adopted a strategy orientated to mere compliance with the scheme and aimed for balanced accounts only. This article provides the outcomes of a survey on company behaviour under the EU ETS in Germany, the United Kingdom, the Netherlands and Denmark from 2005 to 2006, in which cross-national differences in trading behaviour are linked to national patterns of policy implementation and the political economies in which companies operate. Thus, specific country patterns of institutional preparation and institutional learning for the ,real' CO2 allowance market in Phase II of the EU ETS (2008,2012) are sketched. Whereas Phase I is distinguished by a net over-allocation of allowances, Phase II is expected to entail some level of scarcity of allowances. We argue that companies are prepared differently to meet the challenges of the future EU ETS. Copyright © 2008 John Wiley & Sons, Ltd and ERP Environment. [source]

    Carbon pollution (greenhouse gas) measurement and reporting

    ASIA-PACIFIC JOURNAL OF CHEMICAL ENGINEERING, Issue 4 2010
    Andrew Gunst
    Abstract The processes of Carbon Reporting and Emissions Trading in countries including the United States and Australia have developed from appearing unlikely in 2007 to the implementation of mandatory data reporting commencing in July 2008 in Australia and January 2010 in the United States. The onus is on emitting corporations to determine whether they must report. The data reported will have financial importance if and when Australia and the United States join Europe in placing a price on Carbon. To date, much of the public discussion in these countries has centred on the financial aspects of a Carbon tax or Emissions Trading Scheme (ETS). However, significant challenges exist in identifying and quantifying the emissions which the financial community seeks to trade, and business community understanding of the details of greenhouse emissions is not strong. Greenhouse emission reporting regulations and guidelines in Australia, where the first mandatory reports have been lodged by the 680 largest emitters, are outlined. Industrial examples are used to illustrate the challenges of understanding greenhouse gas emissions and their estimation, and how Chemical Engineering methodologies are useful in overcoming these challenges. Copyright © 2010 Curtin University of Technology and John Wiley & Sons, Ltd. [source]

    The Economics of Carbon Abatement: An Integrated Diagrammatic Framework

    ECONOMIC PAPERS: A JOURNAL OF APPLIED ECONOMICS AND POLICY, Issue 2 2009
    Ross Guest
    Q54; Q52; Q48 The aim of this article is to present the economics of carbon abatement in an integrated framework with application to key policy questions. While the core ideas are well known, the innovation here is to integrate the marginal costs and benefits of carbon abatement with the market for carbon permits in a diagrammatic framework. This framework is then used to analyse a range of issues in the public debate about carbon abatement and carbon trading schemes, such as special assistance for certain industries, tax concessions on particular carbon-intensive goods such as petrol, government subsidies for renewable energy, and the effects of uncertainty and technological change. [source]

    Analysis of energy technology changes and associated costs

    INTERNATIONAL JOURNAL OF ENERGY RESEARCH, Issue 12 2006
    P. D. Lund
    Abstract An integrated mathematical model constituting of interlinked submodels on technology costs, progress and market penetration has been developed. The model was applied to a few new energy technologies to investigate the economic boundary conditions for a full market breakthrough and corresponding market impact on a 50 years time scale. The model shows that public subsidies amounting to slightly over 220 billion , in total worldwide would be necessary over the next 30,40 years to bring wind and photovoltaics to a cost breakthrough in the market and to reach a 20 and 5% share of all electricity at t = 50 years, respectively. These up-front learning investments would be partly amortized toward the end of the interval as the new technologies become cost competitive but could be fully paid off earlier if CO2 emission trading schemes emerge even with modest CO2 price levels. The findings are sensitive to changes in the parameter assumptions used. For example, a 2% uncertainty in the main parameters of the model could lead to a spread of tens of per cents in the future energy impact and subsidy needs, or when related to the above subsidy estimate, 155,325 billion ,. This underlines the overall uncertainty in predicting future impacts and resource needs for new energy technologies. Copyright © 2006 John Wiley & Sons, Ltd. [source]