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Linking Certificate Trading Schemes for Greenhouse Gas Emissions, Renewable Energy and Energy Efficiency

Author: Gudrun Senk

Publisher: GRIN Verlag

Published: 2010-02

Total Pages: 113

ISBN-13: 3640531221

Diploma Thesis from the year 2008 in the subject Environmental Sciences, grade: 1, University of Applied Sciences Burgenland (Nachhaltige Energiesysteme), language: English, abstract: Climate Change is real, and the impacts on ecology, economy and human lifestyle are expected to be tremendous. In order to effectively but also cost efficiently combat climate change, market based instruments are being used in environmental policy. Certificate schemes have been and are being created for trading of greenhouse gas reductions (Grey Certificates), renewable energy (Green Certificates) and energy efficiency (White Certificates). So far, Europe is the frontrunner in implementing especially Greenhouse Gas emission trading schemes. However, as climate change is a global problem, similar markets should be established all over the world and ideally be linked in order to achieve economic optimal solutions. This thesis describes characteristics of the different instruments and trading schemes (Grey, Green and White Certificates) and identifies major design parameters of the systems with the focus on compatibility and potential for establishing links between schemes of the same type or among the certificate types. Implications of establishing links, which can be planned and wanted but also conflicting with other goals, are discussed. As greenhouse gas emissions trading schemes are the most developed and experienced trading schemes in climate change policy, the focus of this work lies on the analysis of the different Greenhouse Gas emission trading schemes (ETS). For the compatibility analysis of ETS, the EU ETS is chosen as reference system. An outlook for near-term linking options and a summary conclude the analysis based on the findings of the work. As more and more environmental policies and instruments emerge around the world due to rising awareness for the problem of climate change, this thesis gives an overview but can not cover all different certificate systems in place

The Greenhouse Gas Protocol

Author:

Publisher: World Business Pub.

Published: 2004

Total Pages: 0

ISBN-13: 9781569735688

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The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.

Linking Emissions Trading Schemes

Author: Andreas Tuerk

Publisher: Routledge

Published: 2009-09-02

Total Pages: 195

ISBN-13: 113657428X

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A growing number of GHG emissions trading schemes are being implemented at regional or national levels. However, even as the number of different schemes grows, few linkages exist between them. Major cap-and-trade proposals are currently at important stages in their development, especially in the United States, Japan and Australia, some of which explicitly emphasize the aim of linking with other schemes. One of the strategic goals of European climate policy is linking the EU ETS with other comparable schemes. The research presented in this volume is on actual economic, political and institutional constraints and implications. It examines the role of linking trading schemes for the development of the post-Kyoto climate architecture and for increasing linkage between schemes. This essential research will be relevant to both the scientific community and for policymakers who are involved in the design of emerging trading schemes and offset mechanisms, as well as in designing the post Kyoto climate regime. This volume focuses specifically on: o Economic, institutional/regulatory and legal dimensions of linking o Implications of linking on the design of emerging trading schemes o The role of linking trading schemes for the development of the post-Kyoto climate regime

Linking Emissions Trading Schemes

Author:

Publisher: Routledge

Published:

Total Pages: 139

ISBN-13: 1136574298

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Green Certificate Systems and a Greenhouse Gas Emission Permit Trading System

Author: Halfdan Wiik

Publisher: Nordic Council of Ministers

Published: 2003

Total Pages: 130

ISBN-13: 9789289309134

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Understanding the Interactions Between Emissions Trading Systems and Renewable Energy Standards Using a Multi-Regional CGE Model of China

Author: Ying Fan

Publisher:

Published: 2017

Total Pages: 39

ISBN-13:

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Many countries have introduced policy measures, such as carbon pricing, greenhouse gas offsetting mechanisms, renewable energy standards, and energy efficiency improvements, to achieve their climate change mitigation targets. However, in many instances, these measures overlap in ways that may dilute each policy's greenhouse gas reduction potential. This study examines how a renewable energy standard in the power sector would interact with a national emission trading scheme that is introduced to achieve a greenhouse gas mitigation target. Using a static, multiregional computable general equilibrium model of China to simulate policy measures, the study finds that the addition of a separate renewable energy standard policy would increase the economic cost for achieving a target level of greenhouse gas mitigation. The study concludes that although renewable energy standard policies promote the use of renewable energies, they are an economic burden from the perspective of reducing greenhouse gas emissions if a carbon pricing mechanism is in place.

Managing Agricultural Greenhouse Gases

Author: Mark Liebig

Publisher: Academic Press

Published: 2012-10-16

Total Pages: 602

ISBN-13: 012386898X

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Global climate change is a natural process that currently appears to be strongly influenced by human activities, which increase atmospheric concentrations of greenhouse gases (GHG). Agriculture contributes about 20% of the world’s global radiation forcing from carbon dioxide, methane and nitrous oxide, and produces 50% of the methane and 70% of the nitrous oxide of the human-induced emission. Managing Agricultural Greenhouse Gases synthesizes the wealth of information generated from the GRACEnet (Greenhouse gas Reduction through Agricultural Carbon Enhancement network) effort with contributors from a variety of backgrounds, and reports findings with important international applications. Frames responses to challenges associated with climate change within the geographical domain of the U.S., while providing a useful model for researchers in the many parts of the world that possess similar ecoregions Covers not only soil C dynamics but also nitrous oxide and methane flux, filling a void in the existing literature Educates scientists and technical service providers conducting greenhouse gas research, industry, and regulators in their agricultural research by addressing the issues of GHG emissions and ways to reduce these emissions Synthesizes the data from top experts in the world into clear recommendations and expectations for improvements in the agricultural management of global warming potential as an aggregate of GHG emissions

Emissions Trading Schemes and Their Linking

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-04-01

Total Pages: 114

ISBN-13: 929257373X

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Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and therefore must play its part in cutting GHG emissions. The Paris Agreement adopted last December 2015 at the United Nations Framework Convention on Climate Change COP21 aims to restrict global warming to well below 2°C above preindustrial levels and to pursue efforts to reach 1.5°C---which is especially relevant to Asia and the Pacific region given its vulnerability. This knowledge product highlights how robust policies on emissions trading systems (ETS) can be important tools in reducing GHG emissions in a cost-effective manner, as well as supporting the mobilization of finance together with deployment of innovative technologies. There are currently 17 ETSs in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there are 11 systems operating, with more being planned. The growing wealth of experience on ETSs can be valuable to support DMCs that are planning and designing new systems of their own. This knowledge product summarizes some of the most significant learning experiences to date and discusses some of the solutions to alleviate challenges that have been faced. It also examines the possibilities for future linked carbon markets in the region.

Renewable Energy Sources and Climate Change Mitigation

Author: Ottmar Edenhofer

Publisher: Cambridge University Press

Published: 2011-11-21

Total Pages: 1088

ISBN-13: 9781107607101

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This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies, and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector, and academic researchers.

Energy and Emissions Markets

Author: Tom James

Publisher: John Wiley & Sons

Published: 2011-08-24

Total Pages: 481

ISBN-13: 1118170067

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Written by best selling author Peter C. Fusaro and renowned energy market expert and commentator Tom James, this book demonstrates that the forces of energy and environmental issues and linked more than ever before. The beginning of European emissions and trading in 2005 and the implementation of the Kyoto protocol have accelerated efforts already underway in the US to use market forces to remediate environmental issues. Topics such as emissions trading, renewable energy trading, the fourth dimension in energy trading, and new outcomes on green project finance will be analyzed in this book.