*GOVERNMENT policy on climate change, *GREENHOUSE gases, *GLOBAL temperature changes, *CLIMATOLOGY
Abstract
The article investigates the history of transatlantic climate policy and relations. The U.S. is the major emitter of greenhouse gases that are having an impact on the climate system as well as a potential leader in developing technologies to deal with the causes and effects of climate change. Among the potential consequences of such climatic changes are increase in malaria and dengue infections. An overview of the U.S. and European policy on climate change is also provided.
EMISSIONS trading, ENVIRONMENTAL policy, EMISSIONS trading laws, ENVIRONMENTAL law, AIR quality, ENVIRONMENTAL impact charges, POLLUTION control costs, CLIMATE change, AIR pollution, GREENHOUSE gases, CLIMATOLOGY, GLOBAL temperature changes
Abstract
Discusses how Europe will launch an updated emissions trading program for greenhouse gases in 2005 which is much larger and more complex than the U.S. effort. Role of market-based policies in environmental regulation and in the formation of future European and international climate change policies; Consideration of the plans for the European Union Emissions Trading System (EU ETS) to address global climate change implement a more consistent trading program among nations; Innovations regarding provisions that provide flexibility in monitoring and compliance; Difficulty associated with the preparation and review of National Allocation Plans; Use of auctions in the distribution of tradable emissions allowances in the U.S. INSETS: EUROPEAN UNION TERMINOLOGY;KEY FEATURES OF EU ETS;EFFECTIVE EMISSIONS TRADING PROGRAMS: A VIEW FROM THE ECONOMICS;SUMMARY OF U.S. TRADING PROGRAMS