Conceptual And Institutional Aspects In Implementing An Emissions Trading
Scheme
Author(s)
A. Smajgl
Abstract
Conceptual and institutional aspects in
implementing an Emissions Trading scheme
A. Smajgl
CSIRO Sustainable Ecosystems, Davies Laboratory, Australia
Abstract
The UN Framework Convention on Climate Change (UNFCCC) has
agreed on: (a) national commitments to reduce Greenhouse Gas (GHG)
emissions and; (b) instruments that are allowed to be implemented to achieve the
reductions. Countries that have agreed to the Kyoto Protocol (the so-called
Annex B-countries; namely the EU member states, Japan, Canada, Russia and
several countries in Eastern Europe) will have to implement an emissions trading
(ET) scheme within the next few years. This means to take the step from the
instrumental framework to the level of a conceptual and institutional settings.
This paper considers different methods of implementing an ET scheme within
existing economic and social systems. It does this conceptually by discussing the
pros and cons of different implementation systems. As the political process in the
European Union
Keywords
Related Book
Other papers in this volume
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