The countries' demand or supply of emissions rights is derived as based on profit maximization that utilizes an opportunity cost function. The parties' emission decision rules are shown to depend on the policy parameter values chosen as well as the probability distribution of observable emissions....
ICAO's environmental committee continues to consider the potential for using market-based measures such as trading and charging, but this work is unlikely to lead to global action. It is currently developing guidance for states who wish to include aviation in an emissions trading scheme (ETS) to...
International emissions trading on a global scale would create new risks in terms of both cost-effectiveness and environmental performance, some of which will be challenging to manage. In particular, uncertainties over market prices and trading eligibility, coupled with the costs of participation, may...
Emissions tradingLiability rulesKyoto protocolSeller liabilityBuyer liabilityTo reduce the costs of mitigating greenhouse gas emissions in accordance with the Kyoto protocol, international trades of emissions quotas are allowed. The revenue from the sale of quotas may exceed the sanctions for non-...
Yamin, Farhana, and Joanna Depledge (2004) The International Climate Change Regime: A Guide to Rules, Institutions and Procedures. Cambridge: Cambridge Univ. Press. Zhang, Zhong Xiang (1998) “Greenhouse Gas Emissions Trading and the World Trading System,” Journal of World Trade 32: 219–39....
Applying Rules under Article 6 of the Paris Agreement to Linked Emissions Trading Systems Teaser + metatags This paper explores how the Article 6.2 rules agreed at COP26 could be applied to an international link of two ETSs, including how to account for the changes in emissions, addressing ...
This paper explores how the Article 6.2 rules agreed at COP26 could be applied to an international link of two ETSs, including how to account for the changes in emissions, addressing the challenges in determining when changes in emissions occur within an
With the decline of the international market under the Clean Development Mechanism, China is establishing a national Emission Trading Scheme by setting up emission cap and trade rules for high emission industries in seven pilot areas. The shift from the international to domestic market and from an ...
61.Emissions Trading Schemes Under International Economic Law 机译:国际经济法规定的排放权交易计划 作者:Condon Bradly J. 期刊名称:《Journal of International Economic Law》|2019年第2期 62.The Misery of International Law: Confrontations with Injustice in the Global Economy ...
presentation project, financial instruments with characteristics of equity, emissions trading For more information on convergence, visit the schemes and the reporting entity phase of the Convergence Section of IFRS.com. conceptual framework. The boards also agreed that consolidation of investment companies ...