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21.
Climate change equity debates tend to focus on achieving a fair and global ‘allocation’ of emission rights among countries. Allocation proposals typically envision, if implicitly, two purposes for international emissions trading. First, trading is expected to serve as a cost-effective means of promoting compliance with emissions targets. Second, trading is posited as a means to generate financial transfers, typically from industrialized to transitioning and developing countries.This article investigates the common assumption that international emissions trading will effectively serve both of these purposes. We conclude that the two purposes might not be mutually supportive, and that efforts to use international emissions trading as a financial transfer mechanism may potentially undermine cost-effectiveness goals. 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 together be the Achilles heel of some allocation proposals that entail large financial transfers from industrialized to developing countries. Any proposal for an ‘equitable’ allocation of emission allowances, we conclude, must be cognizant of the risks and costs implied by a reliance on international emissions trading. We offer some suggestions to this end. 相似文献
22.
Impacts of the meteorological condition versus emissions reduction on the PM2 5 concentration over Beijing-Tianjin-Hebei during the COVID-19 lockdown 
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下载免费PDF全文 本研究从气象条件和减排两方面探讨了COVID-19封锁期间严重雾霾发生的原因[研究目的],并定量的分析了气象条件和减排对PM2.5浓度的相对影响[创新点].使用WRF-Chem在2019年2月3日-16日和2020年2月3日-16日进行了三个数值模拟试验,分别为2019年气象场与MEIC-2019(2019年中国多分辨... 相似文献
23.
英国温室气体排放贸易制度的实践与评价 总被引：1，自引：0，他引：1
吴向阳 《气候变化研究进展》2007,3(1):58-061
温室气体排放贸易作为一种经济激励型的环境管理手段,对企业减少温室气体排放有成本效率作用。详细介绍了英国温室气体排放贸易制度框架,并对其政策的效果及存在的问题进行了评价。 相似文献
24.
Abstract One and a half decades of climate negotiations have directly caused greenhouse gas emissions of about 150,000 t CO2. At prevailing market prices, making the full negotiation process greenhouse-gas-neutral ex post would cost about US$0.5 million, which is a fraction of the cost of the conferences. 相似文献
25.
Phase 3 of the European Union Emissions Trading Scheme (EU ETS; 2013–2020) sees the introduction of new rules governing the free allocations of emissions allowances given to energy-intensive industries. In contrast to Phases 1 and 2, allocations will be based on historical production multiplied by best available emissions technology benchmarks. This article exploits an original database to provide a first analysis of the distributional and economic efficiency implications of the new rules. It is shown empirically that the new allocation rules reduce the scope for windfall gains by EU ETS firms while also effectively mitigating carbon leakage risks, even assuming optimistic forecasts of Phase 3 carbon prices. The example of the cement sector is used to show that benchmarking significantly improves the harmonization of the levels of free allocations to competing firms throughout the EU compared to Phase 2. However, it is also found that the use of ex ante output levels to determine allocations still leaves considerable scope for windfall gains and possible distortions of the internal market. 相似文献
26.
《Climate Policy》2013,13(1):85-108
Abstract To 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-compliance if these penalties are weak or poorly enforced. Under these circumstances emissions trading enables a country to benefit financially through non-compliance. To counter non-compliance due to trading a range of liability proposals have been suggested. Using a simple global model, we analyze the economic and environmental performance of these proposals for the first commitment period. In addition, the proposals are tested for their sensitivity to national circumstances and to market power. We find that penalties are sufficient to deter non-compliance if they are high enough and are effectively enforced. If the non-compliance penalties are weak or poorly enforced, the permanent reserve proposal is best able to ensure compliance by sellers at a cost similar to the competitive market equilibrium. While not sufficient to ensure compliance on their own, eligibility requirements and annual retirement of AAUs equal to actual emissions contribute to compliance at little or no cost. Hence, such provisions could complement other liability proposals. 相似文献
27.
《Climate Policy》2013,13(2):137-148
Abstract Climate change equity debates tend to focus on achieving a fair and global ‘allocation’ of emission rights among countries. Allocation proposals typically envision, if implicitly, two purposes for international emissions trading. First, trading is expected to serve as a cost-effective means of promoting compliance with emissions targets. Second, trading is posited as a means to generate financial transfers, typically from industrialized to transitioning and developing countries. This article investigates the common assumption that international emissions trading will effectively serve both of these purposes. We conclude that the two purposes might not be mutually supportive, and that efforts to use international emissions trading as a financial transfer mechanism may potentially undermine cost-effectiveness goals. 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 together be the Achilles heel of some allocation proposals that entail large financial transfers from industrialized to developing countries. Any proposal for an ‘equitable’ allocation of emission allowances, we conclude, must be cognizant of the risks and costs implied by a reliance on international emissions trading. We offer some suggestions to this end. 相似文献
28.
Andrew G. Keeler 《Climate Policy》2013,13(4):419-425
Abstract Carbon rental has been suggested as a way of providing incentives to sequester carbon in biomass in the context of emissions trading systems for GHG emissions. A rental system works by issuing a credit for sequestered carbon that must be repaid after some fixed term. Rental systems avoid many of the difficulties of ensuring the permanence of sequestered carbon that exist in other institutional arrangements. This article adapts the results of Herzog et al. (2003) to argue that a rental system requires that carbon prices rise more slowly than the value of alternative investments in order to provide adequate incentives, and that there are good reasons to believe that this may not happen. Proponents need to directly address this potential difficulty in advancing arguments that carbon rental should be adopted as policy. 相似文献
29.
Chris W. Hope 《Climate Policy》2013,13(5):565-572
Abstract The social cost of carbon (SCC) is the value of the climate change impacts from 1 tonne of carbon emitted today as CO2, aggregated over time and discounted back to the present day. We used PAGE2002, the same probabilistic integrated assessment model as used by the Stern Review (Stern et al., 2006), to calculate the SCC and to examine how it varies with discount rate; and find that it is not sensitive to the path of emissions on which the tonne of carbon is superimposed. The mean value of the SCC is $43 per tonne under both a business-as-usual scenario, and under a scenario aimed at stabilizing CO2 concentrations at 550 ppm. This counter-intuitive result is caused by the interplay between the logarithmic relationship between forcing and concentration, the nonlinear relationship of damage to temperature, and discounting. However, the SCC is sensitive to a number of scientific and economic inputs to the model. Two recent distributions for the sensitivity of climate to a doubling of atmospheric CO2 (Murphy et al., 2004; Stainforth et al., 2005) increase the mean value of the SCC from $43 to $68 and $90 per tonne. Using a pure rate of time preference of 0.1% per year, as in the Stern Review, gives a mean SCC of $365 per tonne. 相似文献
30.
Long-term emissions scenarios have served as the primary basis for assessing future climate change and response strategies. Therefore, it is important to regularly reassess the relevance of emissions scenarios in light of changing global circumstances and compare them with long-term developments to determine if they are still plausible, considering the newest insights. Four scenario series, SA90, IS92, SRES, and RCP/SSP, were central in the scenario-based literature informing the five Assessment Reports of the Intergovernmental Panel on Climate Change (IPCC) and the sixth assessment cycle. Here we analyze the historical trends of carbon dioxide (CO2) emissions from fossil fuel combustion and industry and emissions drivers between 1960 and 2017. We then compare the emission scenario series with historical trends for the period 1990–2017/2018. The results show that historical trends are quite consistent with medium scenarios in each series. As a result, they can be regarded as valid inputs for past and future analyses of climate change and impacts. Global CO2 emissions 1960–2018 (and 1990–2018) comprised six (and three) overall subperiods of emissions growth significantly higher and lower than average. Historically, CO2 emissions (in absolute numbers and growth rate) are tightly coupled with primary energy and indirectly with GDP. Global emissions generally followed a medium-high pathway, captured by “middle-of-the-road” scenario narratives in the earlier series, and by combinations of “global-sustainability” and “middle-of-the-road” narratives in the most recent series (SRES and SSP-baselines). Historical non-OECD trends were best captured by “rapid-growth” and “regional-competition” scenarios, while OECD trends were close to regional-sustainability and global-sustainability scenarios. Areas where the emissions scenarios captured the historical trends less well, are renewable and nuclear primary energy supply. The fact that the actual historical development is consistent with rapid-growth narratives in the non-OECD regions might have important implications for future greenhouse gas emissions and associated climatic change. 相似文献