Climate Change and Carbon Markets: A Handbook of Emissions Reduction Mechanisms

ISBN-13: 9781844071630 / Angielski / Twarda / 2005 / 430 str.

Farhana Yamin

Opis

* Thorough, authoritative explanation of the instruments involved in the carbon trading market being launched through the EU Emissions Trading Scheme, the Kyoto Protocol and other mechanisms
* The market for carbon and greenhouse gas permits will be huge --potentially as large as the fossil fuel, (oil, gas and coal] markets it aims to counteract
* Essential practical guide and reference for those involved in the market and its development, from industry and finance to policy-makers

On January 1, 2005, the EU Emissions Trading Scheme [ETS] comes into force. In its first phase, in the EU alone, c.10,000 industrial companies will have to trade emissions allowances to manage their energy consumption and carbon outputs. From 2008 on, other economic sectors such as transport, construction and real estate will be brought into the Scheme; and the number of companies and organizations that can trade carbon permits under the mechanisms of the Kyoto Protocol is enormous. Carbon trading is seen as the most efficient and effective way to mitigate climate change and will be very widely adopted.

This volume provides a full account of the rules, institutions and procedures governing access and use of international, EU and national mechanisms, particularly the ETS, and Kyoto ones--The Clean Development Mechanism, emissions trading and Joint Implementation, as well as the EU ???linking directive??? allowing carbon trading under the different mechanisms to be linked.

Spis treści

List of Abbreviations * List of Figures, Tables and boxes * Foreword * Preface and Acknowledgements * About the Contributors * Introduction * Purpose * Structure of Book * The Nature of the Climate Change Problem * An Overview of the UNFCCC * An Overview of the Kyoto Protocol * An Overview of the Kyoto Mechanism * Part I: The International Rules on the Kyoto Mechanisms * Part 2: The EU Greenhouse Gas Emission Allowance Trading Scheme * Part 3: Development and Implementation of the Kyoto Mechanisms Worldwide * Part 4: Conclusion: Mechanisms, Linkages and the Direction of the Future Climate Regime * Appendices: 1 Documents Relating to the EU Emisssion Allowance Trading Scheme * 2 EU Emission Allowance Trading Scheme Directive * 3 EU Directive 2004/101/EC * 4 EU Guidelines on Allocations of Allowances * Index

O autorze

Farhana Yamin is a Fellow in Environment at the Institute of Development Studies at the University of Sussex in the UK. She is an international lawyer specializing in climate change law and policy. She is a lead author for the Intergovernmental Panel on Climate Change, former Legal Advisor to AOSIS and consultant to the European Commission on the EU Emissions Allowance Trading Directive. Her other publications include The International Climate Regime: A Guide to Rules, Institutions and Procedures.