TITLE

The UK Emissions Trading Scheme: Paying the Polluter--A Policy Experiment

AUTHOR(S)
Pearson, Peter J. G.
PUB. DATE
June 2004
SOURCE
International Review for Environmental Strategies;Summer2004, Vol. 5 Issue 1, p241
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper examines the existing voluntary UK Emissions Trading Scheme (UKETS), which represents effectively a rather unusual "policy experiment"--the establishment of a voluntary greenhouse gas emissions trading scheme (with a significant subsidy element that effectively pays the polluter) designed to secure emissions reductions in line with Kyoto Protocol commitment, in order to gain experience in emissions trading and verification and to influence the development of European Union policy and policy instruments. Included in this paper is a discussion of the background and aims of the UKETS, a review of its early performance, and an examination of the working of the scheme and the relationship between the UKETS and the European Union Emission Trading Scheme (EUETS), due to start in January 2005, drawing on the 2004 review of the UKETS carried out by the UK's National Audit Office.
ACCESSION #
15316849

 

Related Articles

  • Untitled.  // Utility Week;1/25/2008, Vol. 28 Issue 13, p30 

    The article reports that the Norwegian government has raised the estimate for the country's greenhouse gas emissions to 58.5 million tonnes in 2010, the highest ever level and 4.3 million tonnes more than in 2005. Norway agreed under the Kyoto Protocol to maintain emissions at 50.3 million...

  • Politics and Economics of Second-Best Regulation of Greenhouse Gases: The Importance of Regulatory Credibility. Bosetti, Valentina; Victor, David G. // Energy Journal;2011, Vol. 32 Issue 1, p1 

    Compared with economically ideal policies, actual limits on global warming gases are likely to be "second-best" in many ways. Most studies focus on "second-best" approaches such as delaying emission controls in developing countries, constraining international emission trading, or regulating...

  • Midwest coalition joins fight against emissions.  // Nature;11/22/2007, Vol. 450 Issue 7169, p470 

    The article reports on the coalition of the political leaders in the U.S. and in Canada to fight against greenhouse-gas emissionss. It states that six U.S. governors and the premiere of Manitoba in Canada have agreed to cut the emissions and will set up a Midwestern carbon-trading market....

  • Material Handling and Climate Change.  // Material Handling Management;Dec2009, Vol. 64 Issue 12, p14 

    The article offers information on the house resolution (H.R.) 2454 or the American Clean Energy and Security Act of 2009. It says that the realization of the bill into law would enable the establishment of the cap-and-trade system for greenhouse gas emissions and set a target of reducing...

  • CG3 - Ažuriranje propisa o smanjenju emisija stakleničkih (GHG) plinova u EU transportnom sektoru.  // Goriva i Maziva;2013, p1 

    The article focuses on a powerpoint presentation showing the efforts of Europe to reduce greenhouse gas emission.

  • Technological Implications of the Clean Development Mechanism for the Power Sector in Three Asian Countries. Shrestha, Ram M. // International Review for Environmental Strategies;Summer2004, Vol. 5 Issue 1, p273 

    This paper analyzes the role of some key technological options (i.e., fuel-switching and renewable energy technologies) available under the Clean Development Mechanism (CDM) for reducing greenhouse gas (GHG) emissions in the power sector of three Asian countries--Sri Lanka, Thailand, and...

  • Where Did the US Forest Biomass/Carbon Go? Woodall, Christopher William // Journal of Forestry;Mar2012, Vol. 110 Issue 2, p113 

    The author discusses the U.S. Greenhouse Gas Inventory from 1990 to 2010. He says that the inventory estimates a decline in carbon stocks and an increase in annual carbon sequestration rate. He emphasizes that these efforts do not obscure the role of forests in mitigating the emission of...

  • Climate change wars stall government plan. Eggertson, Laura // CMAJ: Canadian Medical Association Journal;2/15/2005, Vol. 172 Issue 4, p456 

    Focuses on the open warfare within the Canadian government about what it should be doing to cut greenhouse gas emissions under the Kyoto Protocol to combat climate change. Percentage of emissions Canada has committed to reduce by 2010; Cause of the delay in initial efforts to pass an approach...

  • Can boreal afforestation help offset incompressible GHG emissions from Canadian industries? Boucher, J.-F.; Tremblay, P.; Gaboury, S.; Villeneuve, C. // Process Safety & Environmental Protection: Transactions of the I;Nov2012, Vol. 90 Issue 6, p459 

    To mitigate greenhouse gas and comply with cap-and-trade systems, the carbon capture and storage (CCS) is presently unviable for industrials dealing with low concentration of CO2 emissions. Alternatively, a new offset opportunity is being analysed in Canada: the afforestation of open woodlands...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics