Regulating greenhouse gas emissions through cap-and-trade programs appears inevitable in the United States and conflicts among stakeholders are likely to result in new litigation. The European Union Emission Trading Scheme and U.S. Acid Rain Program can be examined as exemplars to identify the ...
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 ...
Market-based instruments, particularly cap-and-trade programs, have been the focus of attention in environmental policy in recent years. The success of the US Acid Rain Program, dubbed the "grand policy experiment," has inspired governments across the globe to turn to the market for the purpose...
Utilities are urging California air board officials to maintain their existing levels of greenhouse gas allowance allocations under the state’s cap-and-trade program, arguing that reducing the credits to reflect the sector’s decreasing emissions will result in higher customer rates and fewer utility...
cap-and-trade Wikipedia adj(prenominal) (Government, Politics & Diplomacy) denoting a scheme which allows companies with high greenhouse gas emissions to buy an emission allowance from companies which have fewer emissions, in a bid to reduce the overall impact to the environment ...
allowing token holders to participate in decision-making processes related to the platform's future development and updates. UNI is primarily used for governance purposes, but holders may also be eligible to receive rewards or incentives through various liquidity mining programs or fee distributions. Un...
Cap and trade programs are increasingly being used to reduce emissions from electricity generation in the United States. Cap and trade programs primarily target emitting generators, but programs have also included renewable generators, such as wind generators. States cite several reasons why they have ...
Analyses of cap-and-trade programs assume firms are continually in compliance.In fact firms must be in overall compliance only at dates 1-3 years apart.In assuming continual compliance, analysts risk making erroneous predictions.For example, analysts underestimate the reserves needed to defend price ...
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Talk of a nationwide carbon trade system picked up further in China after the Paris Agreement was reached in 2015 to curb greenhouse gases. China and the US formally ratified the pact in September 2016 on the sidelines of the G20 meeting in Hangzhou, capital of East China's Zhejiang Province...