- Emissions Trading | UNFCCC
- EU ETS: carbon markets
- EU Emissions Trading System (EU ETS)
- Implementing Effective Emissions Trading Systems
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The allowed emissions are divided into assigned amount units AAUs. Emissions trading, as set out in Article 17 of the Kyoto Protocol, allows countries that have emission units to spare - emissions permitted them but not "used" - to sell this excess capacity to countries that are over their targets. Thus, a new commodity was created in the form of emission reductions or removals. Since carbon dioxide is the principal greenhouse gas, people speak simply of trading in carbon.
Emissions Trading | UNFCCC
Carbon is now tracked and traded like any other commodity. This is known as the "carbon market. More than actual emissions units can be traded and sold under the Kyoto Protocols emissions trading scheme. The other units which may be transferred under the scheme, each equal to one tonne of CO2, may be in the form of:.
EU ETS: carbon markets
Transfers and acquisitions of these units are tracked and recorded through the registry systems under the Kyoto Protocol. An international transaction log ensures secure transfer of emission reduction units between countries. New York, pp. Manne, A. Weyant, ed.
EU Emissions Trading System (EU ETS)
Michaelowa, A. Montero, J. Montgomery, W. National Audit Office of the UK The Kyoto Protocol. Berlin u. Parry, I. Pizer, W. Portney, P. Reeve, R. Rubin, J. Sand, P. The Effectiveness of International Environmental Agreements. Springer, U. Stavins, R. Tietenberg, T. Emissions Trading Programs. Volume I, Aldershot. Weyant ed.
Implementing Effective Emissions Trading Systems
Victor, D. Cambridge, Mass. Download references. University of Hagen, Profilstr.
You can also search for this author in PubMed Google Scholar. Correspondence to Alfred Endres.
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Reprints and Permissions. Kyoto, Europe? Eur J Law Econ 19, 17—39 Download citation.
Issue Date : January Search SpringerLink Search. Abstract To meet its obligations accepted in the Kyoto Protocol cost effectively, the European Union introduces a scheme of Greenhouse Gas Allowance Trading for its member states. Immediate online access to all issues from Subscription will auto renew annually.
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References Barde, J. Google Scholar Boemare, C. Google Scholar Braun Weiss, E. Google Scholar Carraro, C. Google Scholar Dales, J. Article Google Scholar Eckermann, F. Google Scholar Funk, P. Google Scholar Goodstein, E. Google Scholar Goulder, L. Google Scholar Hanley, N. Google Scholar Harrison, D.
Google Scholar Jakeman, G. Google Scholar Montgomery, W. Google Scholar Parry, I. Google Scholar Pizer, W. Google Scholar Portney, P. Google Scholar Reeve, R. Google Scholar Sand, P. Google Scholar Stavins, R. Article Google Scholar Tietenberg, T. Google Scholar Download references. Author information Affiliations University of Hagen, Profilstr. View author publications.