'Cap-and-Trade'的概念首次被提出并应用于实践是在1995年,随后在全球范围内逐渐得到推广和应用。特别是在应对气候变化和减少温室气体排放方面,'Cap-and-Trade'机制已成为许多国家政策的重要组成部分。例如,欧盟的碳排放交易体系(EU ETS)就是全球最大的'Cap-and-Trade'市场之一,覆盖了多...
According to Stavros Dimas, EU environment commissioner, connecting mandatory cap and trade schemes may result in increased liquidity and cost reductions. The proposal was favored by Mark Lazarowicz, a Member of Parliament in Great Britain.EBSCO_bspFoi Future & Options Intelligence...
Cap and trade cap gun Cap Haitien cap in hand Cap money Cap of a cannon Cap of liberty cap of maintenance cap off cap opener Cap paper cap pistol cap rock cap screw cap sleeve cap. Capa capability Capablanca capable capableness capably ...
In 2005, theEuropean Union (EU)created the world's first international cap and trade program with the goal of reducing carbon emissions. In 2019, the EU estimated that there would be a 21% reduction in emissions from sectors covered by the system by 2020. During the administration of U.S....
aThe cap-and-trade mechanism places the EU’s industries at a competitive disadvantage compared to foreign firms without similar restrictions. In order to level the playing field, some have proposed border measures. 盖帽和换机制地方欧共体的产业在一个竞争的不利条件与外国公司比较,不用相似的制约。
EU emissions trading systeminduced innovationdirected technological changetechnology diffusionEnvironmental regulations have consistently been found to spur innovation in 'clean' technologies, with one significant exception. Past cap-and-trade programs have encouraged adoption of existing pollution control ...
Cities have emerged as important actors in climate change policy, implementing measures to reduce emissions from transportation, buildings, and waste. More recently, states such as California have implemented cap-and-trade programs to control greenhouse gases. However, a state-level cap handcuffs cities...
2.4Cap-and-Trade Systems (C/T) The best known MBI is probably the emission allowance used in cap-and-trade (C/T) systems, which, as the name implies, create a permanent limit on emissions, a key virtue for environmental advocates. In a C/T system, the government defines the regulated...
With NRRIs, rent seeking manifests itself in appropriation activities over initial permit endowments—something clearly visible in most cap-and-trade schemes, including the US SO2 market and the EU Emissions Trading Scheme [31], [57]. Given the prevalence of market-based environmental regulation ...
In a companion paper (Hasegawa and Salant 2012), we show that neither method works once account is taken of delayed compliance.doi:10.2139/ssrn.2133291Hasegawa, MakotoSalant, StephenResources For the FutureDiscussion PapersHasegawa, Makoto and Stephen Salant. 2012. "Cap-and-Trade Programs under ...