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1.
The last ten years have seen the growth of linkages between many of the world's cap-and-trade systems for GHGs, both directly between systems, and indirectly via connections to credit systems such as the Clean Development Mechanism. If nations have tried to act in their own self-interest, this proliferation of linkages implies that for many nations, the expected benefits of linkage outweighed expected costs. In this article, we draw on the past decade of experience with carbon markets to examine why systems have demonstrated this revealed preference for linking. Linkage is a multi-faceted policy decision that can be used by political jurisdictions to achieve a variety of objectives, and we find qualitative evidence that many economic, political, and strategic factors – ranging from geographic proximity to integrity of emissions reductions – influence the decision to link. We also identify some potentially important effects of linkage, such as loss of control over domestic carbon policies, which do not appear to have deterred real-world decisions to link.

Policy relevance

These findings have implications for the future role that decentralized linkages may play in international climate policy architecture. The Kyoto Protocol has entered what is probably its final commitment period, covering only a small fraction of global GHG emissions. Under the Durban Platform for Enhanced Action, negotiators may now gravitate toward a hybrid system, combining top-down elements for establishing targets with bottom-up elements of pledge-and-review tied to national policies and actions. The incentives for linking these national policies are likely to continue to produce direct connections among regional, national, and sub-national cap-and-trade systems. The growing network of decentralized, direct linkages among these systems may turn out to be a key part of a future hybrid climate policy architecture.  相似文献   


2.
Climate policies must consider radiative forcing from Kyoto greenhouse gases, as well as other forcing constituents, such as aerosols and tropospheric ozone that result from air pollutants. Non-Kyoto forcing constituents contribute negative, as well as positive forcing, and overall increases in total forcing result in increases in global average temperature. Non-Kyoto forcing modeling is a relatively new component of climate management scenarios. This paper describes and assesses current non-Kyoto radiative forcing modeling within five integrated assessment models. The study finds negative forcing from aerosols masking (offsetting) approximately 25 % of positive forcing in the near-term in reference non-climate policy projections. However, masking is projected to decline rapidly to 5–10 % by 2100 with increasing Kyoto emissions and assumed reductions in air pollution—with the later declining to as much as 50 % and 80 % below today’s levels by 2050 and 2100 respectively. Together they imply declining importance of non-Kyoto forcing over time. There are however significant uncertainties and large differences across models in projected non-Kyoto emissions and forcing. A look into the modeling reveals differences in base conditions, relationships between Kyoto and non-Kyoto emissions, pollution control assumptions, and other fundamental modeling. In addition, under climate policy scenarios, we find air pollution and resulting non-Kyoto forcing reduced to levels below those produced by air pollution policies alone—e.g., China sulfur emissions fall an additional 45–85 % by 2050. None of the models actively manage non-Kyoto forcing for climate implications. Nonetheless, non-Kyoto forcing may be influencing mitigation results, including allowable carbon dioxide emissions, and further evaluation is merited.  相似文献   

3.
Proponents of climate change mitigation face difficult choices about which types of policy instrument(s) to pursue. The literature on the comparative evaluation of climate policy instruments has focused overwhelmingly on economic analyses of instruments aimed at restricting demand for greenhouse gas emissions (especially carbon taxes and cap-and-trade schemes) and, to some extent, on instruments that support the supply of or demand for substitutes for emissions-intensive goods, such as renewable energy. Evaluation of instruments aimed at restricting the upstream supply of commodities or products whose downstream consumption causes greenhouse gas emissions—such as fossil fuels—has largely been neglected in this literature. Moreover, analyses that compare policy instruments using both economic and political (e.g. political “feasibility” and “feedback”) criteria are rare. This article aims to help bridge both of these gaps. Specifically, the article demonstrates that restrictive supply-side policy instruments (targeting fossil fuels) have numerous characteristic economic and political advantages over otherwise similar restrictive demand-side instruments (targeting greenhouse gases). Economic advantages include low administrative and transaction costs, higher abatement certainty (due to the relative ease of monitoring, reporting and verification), comprehensive within-sector coverage, some advantageous price/efficiency effects, the mitigation of infrastructure “lock-in” risks, and mitigation of the “green paradox”. Political advantages include the superior potential to mobilise public support for supply-side policies, the conduciveness of supply-side policies to international policy cooperation, and the potential to bring different segments of the fossil fuel industry into a coalition supportive of such policies. In light of these attributes, restrictive supply-side policies squarely belong in the climate policy “toolkit”.  相似文献   

4.
Principles and substantiation of a system of monitoring anthropogenic greenhouse gas emissions and sinks are considered. The basic task of the system is to estimate the anthropogenic contribution to the atmospheric greenhouse gas concentrations and possible climate effect. The major attention is paid to the system of indirect or “computational” monitoring of anthropogenic greenhouse gases. A multifunctional information system is described in the context of its application for solving a number of other ecological problems. It can be used as an instrumental basis for estimating ecological efficiency of measures aimed at reducing emissions and increasing greenhouse gas uptake. The effect should be considered in totality for all greenhouse gases and most hazardous pollutants. Monitoring of anthropogenic greenhouse gas emissions and sinks includes observations (using modeling) of integral indicators of ecosystems and can be used as part of ecological monitoring (for example, dynamics of soil carbon balance of agroecosystems and forest cenoses). The connection of the monitoring of anthropogenic greenhouse gas emissions and sinks with the satellite monitoring enlarges the possible applications of this information system.  相似文献   

5.
Biofuel’s carbon balance: doubts, certainties and implications   总被引：1，自引：1，他引：0  
In addition to lower carbon dioxide emissions, policies to reduce fossil fuel combustion can yield substantial air quality co-benefits via reduced emissions of co-pollutants such as particulate matter and air toxics. If co-pollutant intensity (the ratio of co-pollutant impacts to carbon dioxide emissions) varies across pollution sources, efficient policy design would seek greater emissions reductions where co-benefits are higher. The distribution of co-benefits also raises issues of environmental equity. This paper presents evidence on intersectoral, intrasectoral and spatial variations in co-pollutant intensity of industrial point sources in the United States, and discusses options for integrating co-benefits into climate policy design to advance efficiency and equity.  相似文献   

6.
This paper describes the possible developments in global energy use and production, land use, emissions and climate changes following the SSP1 storyline, a development consistent with the green growth (or sustainable development) paradigm (a more inclusive development respecting environmental boundaries). The results are based on the implementation using the IMAGE 3.0 integrated assessment model and are compared with a) other IMAGE implementations of the SSPs (SSP2 and SSP3) and b) the SSP1 implementation of other integrated assessment models. The results show that a combination of resource efficiency, preferences for sustainable production methods and investment in human development could lead to a strong transition towards a more renewable energy supply, less land use and lower anthropogenic greenhouse gas emissions in 2100 than in 2010, even in the absence of explicit climate policies. At the same time, climate policy would still be needed to reduce emissions further, in order to reduce the projected increase of global mean temperature from 3 °C (SSP1 reference scenario) to 2 or 1.5 °C (in line with current policy targets). The SSP1 storyline could be a basis for further discussions on how climate policy can be combined with achieving other societal goals.  相似文献   

7.
The light bulb ban introduced by the EU is used as an example to illustrate how to assess the climate impact of a policy that overlaps with a cap-and-trade scheme. The European Commission estimates that by 2020 the reduction in GHG emissions induced by banning incandescent light bulbs will reach 15 million tons annually. The number is a conservative estimate for the reduction in emissions from lighting if the total residential stock of incandescent light bulbs in 2008 is replaced by more efficient lighting sources. However, it ignores that use-phase and some non-use-phase emissions are covered by the EU Emission Trading Scheme (EU ETS). This drastically reduces the amount of GHG emissions saved.

Policy relevance

Several policies such as the EU-wide ban on incandescent light bulbs, energy efficiency mandates and support mechanisms for renewable energy overlap with the EU ETS. While there are typically several justifications for these policies, a chief reason is the reduction of GHG emissions. However, given that the aggregate emissions of the industries covered are fixed by the EU ETS, the climate change mitigation aspect of these policies is not obvious. Using the light bulb ban as an example, this article illustrates how a focus on non-EU ETS emissions changes the assessment of an intervention in terms of GHG reductions.  相似文献   

8.
Although the UN and EU focus their climate policies on the prevention of a 2 °C global mean temperature rise, it has been estimated that a rise of at least 4?°C is more likely. Given the political climate of inaction, there is a need to instigate a bottom-up approach so as to build domestic support for future climate treaties, empower citizens, and motivate leaders to take action. A review is provided of the predominant top-down cap-and-trade policies in place – the Kyoto Protocol and EU Emissions Trading Scheme (EU ETS) – with a focus on the grandfathering of emissions entitlements and the possibility of offsetting emissions. These policies are evaluated according to two criteria of justice and it is concluded that they fail to satisfy them. Some suggestions as to how the EU ETS can be improved so as to enable robust climate action are also offered.

Policy relevance

The current supranational climate policy has not been successful and global leaders have postponed the adoption of a meaningful successor to the Kyoto Protocol. In view of this inaction, bottom-up approaches with regard to climate policy should be further developed. It is argued that two of the main top-down policies, grandfathering and offsetting, impede the avowed goals of EU climate policy and pose significant ethical dilemmas with regard to participatory and intergenerational justice. In order to provide a more robust EU climate policy, the EU should inter alia provide a long-term perspective for investors, reduce the volatility of the carbon price, and prepare for the possibility of carbon leakage.  相似文献   

9.
Few comparative international studies describe the climate change policies people are willing to support and the reasons for their support of different policies. Using survey data from 664 economics and business undergraduates in Austria, Bangladesh, Finland, Germany, Norway, and the United States, we explore how perceived risk characteristics and mental models of climate change influence support for policy alternatives. General green policies such as funding research on renewable technologies and planting trees were the overwhelmingly most popular policy alternatives. Around half the students support carbon reduction policies such as requiring higher car fuel efficiency and increasing taxes on fossil fuels. Least popular were engineering alternatives such as fertilizing the oceans and replacing fossil fuels with nuclear power. Variations among nations are generally small. Support for different policy alternatives corresponds with different causal thinking. Those who hold a pollution model of the causes of climate change, tend to blame environmental harms (e.g., air pollution from toxic chemicals), see general green policy alternatives as effective, and support general green policies. Support of carbon reduction strategies is associated with seeing carbon emissions as the cause and reducing carbon emissions as effective solutions. Support of engineering solutions increases with identifying volcanoes among causes and regarding engineering solutions as effective. Although these international students agree that climate change is a threatening problem, their causal thinking correlates with support for different mitigative policy actions, with the most popular ones not necessarily the most effective.  相似文献   

10.
Biological activities that sequester carbon create CO2 offset credits that could obviate the need for reductions in fossil fuel use. Credits are earned by storing carbon in terrestrial ecosystems and wood products, although CO2 emissions are also mitigated by delaying deforestation, which accounts for one-quarter of anthropogenic CO2 emissions. However, non-permanent carbon offsets from biological activities are difficult to compare with each other and with emissions reduction because they differ in how long they prevent CO2 from entering the atmosphere. This is the duration problem. It results in uncertainty and makes it hard to determine the legitimacy of biological activities in mitigating climate change. Measuring, verifying and monitoring the carbon sequestered in sinks greatly increases transaction costs and leads to rent seeking by sellers of dubious sink credits. While biological sink activities undoubtedly help mitigate climate change and should not be neglected, it is shown that there are limits to the substitutability between temporary offset credits from these activities and emissions reduction, and that this has implications for carbon trading. A possible solution to inherent incommensurability between temporary and permanent credits is also suggested.  相似文献   

11.
Permit trading among polluting parties is now firmly established as a policy tool in a range of environmental policy areas. The Kyoto Protocol accepts the principle that sequestration of carbon in the terrestrial biosphere can be used to offset emissions of carbon from fossil fuel combustion and outlines mechanisms. Although the lack of guaranteed permanence of biological offsets is often viewed as a defect, this paper argues that the absence of guaranteed permanence need not be a fundamental problem. We view carbon emissions as a liability issue. One purpose of an emissions credit system is to provide the emitter with a means to satisfy the carbon liability associated with her firm's (or country's) release of carbon into the atmosphere. We have developed and here expand on a rental approach, in which sequestered carbon is explicitly treated as temporary: the emitter temporarily satisfies his liability by temporarily “parking” his liability, for a fee, in a terrestrial carbon reservoir, or “sink,” such as a forest or agricultural soil. Finally, the paper relates the value of permanent and temporary sequestration and argues that both instruments are tradable and have a high degree of substitutability that allows them to interact in markets.  相似文献   

12.
Agriculture and forestry are significant sources and sinks of greenhouse gases. A holistic systems approach to estimating and reducing greenhouse gas emissions from agricultural, forestry and other systems requires that the major inputs, components and outputs of the production system are defined. Fluxes of greenhouse gases in natural systems may be estimated by mathematical modelling of the major biological processes and activities. Field and laboratory experiments and information from satellites provide the raw data on which such models are based. Such an approach can have a significant role in guiding key decision makers and policy analysts. We conclude that management strategies that reduce greenhouse gas emissions from agriculture and forestry are likely to be strategies that will also contribute to ecologically sustainable development.  相似文献   

13.
Summary In this paper, we discuss past climatic trends over India, greenhouse gas emissions due to energy consumption, forest and land-use changes, climate change scenarios for the year 2050, potential consequences for agriculture and cyclone activity and the possibility that India might limit the increasing trend in its emissions.India's mean surface air temperature has increased significantly by about 0.4°C over the past ccntury. Neither monsoon nor annual rainfall shows any significant trend. On average, there has been a rise in sea levels around India over recent decades, though considerable uncertainties exist in the accuracy and interpretation of the available data.Carbon emissions from the energy sector amount to 71 MT a year, equivalent to all other sectors combined. From land-use data, a marginal net sequestration of 5.25 million tonnes of carbon occurred during 1986. Following the IPCC guidelines, methane emissions from rice and livestock are estimated at 17.4 and 12.8 Tg/year, respectively.According to recent climate model projections, India may experience a further rise in temperature of 1 °C by the year 2050, about four times the rate of warming experienced over the past 100 years. A modest increase in precipitation amounts might occur. Cereals production is estimated to decrease and the nutrition security of the population-rich but land-hungry region of India might be hampered. An increase in local tropical cyclone activity may occur over thc next century, posing added problems as large areas in the coastal regions have a dense population.About 70% of the electricity generation in India is from coal-based power stations. Altering this dependence significantly to reduce emissions would imply a substantial change in the present energy policy of India. There is great potential for improving energy efficiency and conservation. The adoption of cleaner coal-technologies should be considered, as must the development of renewable, non-conventional energy sources. In all cases, serious institulional barriers and resource limitations need to be addressed. The scope for carbon sequestration is limiled by land availabilily and other factors. It is argued that any response to global warming must be located firmly in the framework of sustainable development.With 5 Figures  相似文献   

14.
Exposure of plants to ozone inhibits photosynthesis and therefore reduces vegetation production and carbon sequestration. The reduced carbon storage would then require further reductions in fossil fuel emissions to meet a given CO2 concentration target, thereby increasing the cost of meeting the target. Simulations with the Terrestrial Ecosystem Model (TEM) for the historical period (1860–1995) show the largest damages occur in the Southeast and Midwestern regions of the United States, eastern Europe, and eastern China. The largest reductions in carbon storage for the period 1950–1995, 41%, occur in eastern Europe. Scenarios for the 21st century developed with the MIT Integrated Global Systems Model (IGSM) lead to even greater negative effects on carbon storage in the future. In some regions, current land carbon sinks become carbon sources, and this change leads to carbon sequestration decreases of up to 0.4 Pg C yr−1 due to damage in some regional ozone hot spots. With a climate policy, failing to consider the effects of ozone damage on carbon sequestration would raise the global costs over the next century of stabilizing atmospheric concentrations of CO2 equivalents at 550 ppm by 6 to 21%. Because stabilization at 550 ppm will reduce emission of other gases that cause ozone, these additional benefits are estimated to be between 5 and 25% of the cost of the climate policy. Tropospheric ozone effects on terrestrial ecosystems thus produce a surprisingly large feedback in estimating climate policy costs that, heretofore, has not been included in cost estimates.  相似文献   

15.
Permit trading among polluting parties is now firmly established as a policy tool in a range of environmental policy areas. The Kyoto Protocol accepts the principle that sequestration of carbon in the terrestrial biosphere can be used to offset emissions of carbon from fossil fuel combustion and outlines mechanisms. Although the lack of guaranteed permanence of biological offsets is often viewed as a defect, this paper argues that the absence of guaranteed permanence need not be a fundamental problem. We view carbon emissions as a liability issue. One purpose of an emissions credit system is to provide the emitter with a means to satisfy the carbon liability associated with her firm’s (or country’s) release of carbon into the atmosphere. We have developed and here expand on a rental approach, in which sequestered carbon is explicitly treated as temporary: the emitter temporarily satisfies his liability by temporarily “parking” his liability, for a fee, in a terrestrial carbon reservoir, or “sink,” such as a forest or agricultural soil. Finally, the paper relates the value of permanent and temporary sequestration and argues that both instruments are tradable and have a high degree of substitutability that allows them to interact in markets.  相似文献   

16.
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17.
In 2013, China launched its domestic pilot emissions trading scheme (ETS) as a cost-effective strategy to reduce CO2 emissions. Theoretically, the ETS can interact with the feed-in tariffs (FITs) applied to renewable energies (REN). This article presents a simple method to demonstrate how FITs can be adjusted based on the evolution of ETS carbon prices in order to provide a cost-effective climate policy package in China. First, by using provincial data and wind and solar power as examples, it calculates the implicit carbon prices that FITs generate in different Chinese provinces and finds that they are much higher than current carbon prices in the pilot ETS. This shows the necessity of using both instruments to guarantee current level incentives to develop REN for climate change purposes, at least in the short and medium terms. Second, by keeping the annual total carbon price level stable (the sum of the implicit FIT carbon price and the ETS carbon price), and taking into account the cost evolution of REN development, this article demonstrates, for the 2018–2020 period, that FIT should decrease at an annual rate of 3.04–4.63% (for wind) and 7.84–8.87% (for solar) based on different growth rates for progressive national ETS carbon prices.

Policy relevance

There are a number of studies and debates on the interactions between climate policies in Europe in particular, ETS and subsidies for REN. The key issue is that a climate policy package should be cost-efficient and the implementation of one policy should not jeopardise the performance of another. For a country like China, a considerable scale effect on climate target achievement and total cost savings could be produced by the careful design of the climate policy package. FIT and ETS, which are cost-efficient policies if implemented separately, will very probably constitute a major climate policy package in the future in China, which is aiming to limit the use of command-and-control policies. So far, there is some debate on how to reduce FIT for wind power in China due to development cost changes. But discussions are lacking on the linkage between FIT and ETS. This paper fills this gap.  相似文献   


18.
交通运输行业是温室气体排放的主要来源之一。“双碳”目标对交通领域碳减排工作提出了更高的要求。我国交通运输行业能源消耗统计和温室气体排放测算的统计数据基础较为薄弱,目前国家层面尚未公布统一的交通运输温室气体核算方法,温室气体排放存在底数不清的问题,其核算边界、范围、方法都有待进一步明确。文中通过梳理国内外交通运输领域温室气体核算边界及测算方法,提出了适用于我国交通运输不同子领域温室气体的测算研究思路。并针对我国交通运输温室气体核算工作现存问题,从健全行业能耗与排放核算方法体系、建立交通运输能耗与碳排放数据共享机制、加强交通能耗与碳排放核算方法培训、强化数据质量管理等方面提出相应的政策建议,为我国交通运输行业温室气体排放核算工作的持续开展提供参考。  相似文献   

19.
Many different approaches are needed to achieve reductions in GHG emissions from the transportation sector. Carbon emissions trading schemes (ETSs) are widely used in industry and are effective in reducing the overall social cost of emissions abatement. This article reports the development of a downstream ETS for the transportation sector and its application in Shenzhen, China. The ETS was devised as a mandatory cap-and-trade scheme and, as a first step, was applied to public transportation. An integrated cap was set on the total emissions from buses and taxis: an absolute cap for existing vehicles and a relative increment for new entrants. Allowances were allocated by grandfathering or benchmarking and a ‘reverse mechanism’ was established to encourage the transformation of urban transportation to a low-carbon system. Online fuel consumption monitoring was used to quantify the emissions from vehicles, and the operators were required to surrender enough allowances or credits to account for their verified annual emissions. The mechanisms for allowance trading and carbon offsets provided sufficient flexibility to make emissions abatement and the use of new-energy vehicles and environmentally friendly travel within Shenzhen's urban transportation system economically attractive.

Policy relevance

The transportation sector is becoming a major contributor to the growth in China's GHG emissions. Achieving large reductions in GHG emissions from the transportation sector is a great challenge and requires both technology and policy innovation. The tradable carbon permit is a popular concept in mitigating climate change, but the introduction of a cap-and-trade ETS into the transportation sector is a relatively innovative concept. Shenzhen has launched the first cap-and-trade ETS in a developing country and is currently exploring ways to mitigate carbon emissions by a downstream cap-and-trade ETS for the transportation sector. This article considers the main institutional arrangements and regulatory framework of Shenzhen's transportation carbon ETS. It not only refreshes the theoretical analysis and practical application of downstream cap-and-trade carbon emissions trading in urban transportation, but also provides developing countries with a cost-effective instrument to mitigate their rapid growth in traffic carbon emissions during urbanization.  相似文献   


20.
This article uses a policy analogy approach to explore China's attitude toward the possibility of global carbon market integration, including the development of a common cap-and-trade market for the global civil aviation industry. Like in other foreign policy domains, in international cap-and-trade, China faces a ‘trilemma’ between carbon market integration, state sovereignty and policy flexibility. By referring to how China has approached a comparable trilemma in foreign exchange policy making, we analyse China's possible stance on international cap-and-trade. We argue that China will prefer to gradually establish and strengthen, to a limited extent, intergovernmental governance mechanisms, which allow nation-states to prioritize sovereignty and policy flexibility in carbon trading policy making. In the conclusion we use this argument to explain China's responses to the carbon-trading initiatives of Australia, the EU, the International Civil Aviation Organization (ICAO), and the World Bank.

Policy relevance

The international community has reached a consensus on the use of market mechanisms for mitigating climate change. While opposing the EU's plan to include Chinese airlines in the EU Emissions Trading Scheme, China has started to co-explore with Australia the possibility of linking their carbon markets, and has adopted a supportive attitude toward the carbon trading initiatives led by the ICAO and the World Bank. Considering China's status as the largest emitting country of GHGs and its interdependence with major developed and developing countries, China's substantial participation would be crucial to the success of the global market-based efforts to reduce GHG emissions. This article presents an initial attempt to develop a better understanding of China's stance on international cap-and-trade.  相似文献   

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