This article proposes a comprehensive framework to explore a possible carbon cap-and-trade scheme in China. By applying the case of China, our empirical results present the demand side and supply side of carbon-emission permits in the market and several other significant findings: (i) carbon ...
• Proposed Regulatory Framework to cap GHG emissions from oil and gas sector • Draft regulations to be released in 2024, final regulations targeted for 2025 • Reporting requirements from 2026, ongoing consideration of how to phase in the emissio
Using a two-period model setup, the prices versus quantities approach has been applied to determine the conditions for intertemporal trading of allowances, i.e., banking and borrowing, to improve expected welfare relative to taxes and no-banking cap-and-trade systems (Yates and Cronshaw 2001; ...
Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium. This dissertation presents an equilibrium framework for analyzing the impact of cap-and-trade regulation on transmission-constrained electricity market. Th... T Limpaitoon - University of California, Berkeley. 被引量: 0发表...
A Framework to Think About Pollution: Externalities, Pollution Taxes, and Cap and Tradedoi:10.2139/ssrn.2974617kuznetsenvironmentsustainabilityGDPemissionspollutionexternalitiesIt is an understatement to say that environmental challenges are attracting attention. Sustainability tops the list of challenges for ...
Enacting market-based environmental regulation, such as emissions taxes and cap-and-trade programs, often create rents that are contested by agents. In this paper, we create a framework that compares social welfare from alternative market-based environmental policy instruments under the presence of re...
growth. The dichotomy between 'bottom up' and 'top down' is false — it is like arguing over "whether a supertanker needs an engine or a captain", as Christiana Figueres, executive secretary of the United Nations Framework Convention on Climate Change, has put it (go.nature.com/mievx3)....
The draft law will now be discussed by both houses, and adoption could take place still this year. As per the current text, once Congress approves the law, the government will have 12-24 months to enact the regulations needed to implement the system. The system would begin with two years...
BlackRock has therefore established a framework to identify sustainable investments. BlackRock applies a high standard of due diligence in the selection and ongoing monitoring of investments made by the Fund for the purpose of compliance with the investment, liquidity and risk guidelines of the Fund,...
The emissions cap framework still needs significant work before draft regulation can be published in mid-2024, allowing industry and advocates to weigh in on the plan. The cap will function as a cap-and-trade system that allows heavier emitters to buy allowances from facilities that have lowered...