1. GREENHOUSE GAS TRADING IN EUROPE.
- Author
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Kruger, Joseph A. and Pizer, William A.
- Subjects
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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
- Published
- 2004
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