Designing New Zealand’s Emissions Trading Scheme

Designing an Emissions Trading Scheme Suitable for Surface Transport

The aim of this report is to review the possible ways to reduce carbon emissions from the transport sector through the application of an emissions trading scheme and make recommendations regarding the most appropriate methods and timeframes for implementation of such schemes. The main elements of emissions trading schemes are introduced, including the establishment of an emissions target, metho...

International Emissions Trading Scheme and EUropean Emissions Trading Scheme : what linkages ?

Simultaneity between commitment periods (2008-2012) of International Emissions Trading (IET) scheme and EUropean Emissions Trading Scheme (EU-ETS) is likely to generate distortions in terms of burden’s distribution among sectors. There will be two levels of trading : a country and an entity level, which both need to be consistent with each other. Besides, features of these two “cap and trade" e...

Designing an emissions trading scheme for China: An up-to-date climate policy assessment

We assess recent Chinese climate policy proposals in a multi‐region, multi‐sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate that the climate policy‐ induced welfare loss in 2020, measured as the level of GD...

Emissions trading and the management accountant - lessons from the UK emissions trading scheme

The Value Relevance of Greenhouse Gas Emissions under the European Union Carbon Emissions Trading Scheme

This study examines the valuation relevance of greenhouse gas emissions under the European Union Carbon Emission Trading Scheme (EU ETS). We posit that carbon emissions affect firm valuation only to the extent that a firm’s emissions exceed its carbon allowances under a cap and trade system and the extent of its inability to pass on carbon related compliance costs to consumers and end users. We...