Domestic Emissions Trading : Existing and Proposed Schemes
This document provides an overview and summary assessment of lessons and insights learned from various existing and presented domestic cap and trade schemes. For each scheme, a set of general characteristics (or issues) is considered. The character...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2012/04/24192552/domestic-emissions-trading-existing-proposed-schemes http://hdl.handle.net/10986/21831 |
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okr-10986-218312021-04-23T14:04:04Z Domestic Emissions Trading : Existing and Proposed Schemes Partnership for Market Readiness ABATEMENT COSTS AFFORESTATION AIR AIR RESOURCES ALLOCATION ALLOCATION OF ALLOWANCES ALLOWANCE ALLOWANCE ALLOCATIONS AMMONIA ANNUAL CAP ANNUAL EMISSIONS APPROACH ATMOSPHERE ATMOSPHERIC CONCENTRATIONS AUCTION AVAILABILITY BALANCE BASE-YEAR EMISSIONS CAPS CARBON CARBON CREDITS CARBON MARKET CARBON OFFSET CARBON PRICE CARBON TRADING CARBON UNITS CEMENT CEMENT PLANT CEMENT PLANTS CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CO2 COAL COAL MINES COMBUSTION ACTIVITIES COST OF ENERGY CRUDE OIL DISTRIBUTION OF COSTS DISTRICT HEATING DOMESTIC EMISSIONS ECONOMIC ACTIVITY ELECTRIC UTILITIES ELECTRICITY ELECTRICITY GENERATING EMISSION EMISSION LEVEL EMISSION REDUCTIONS EMISSION TRADING EMISSIONS EMISSIONS FACTORS EMISSIONS FROM AGRICULTURE EMISSIONS FROM AVIATION EMISSIONS FROM DEFORESTATION EMISSIONS FROM ENERGY EMISSIONS FROM FUEL EMISSIONS FROM FUEL COMBUSTION EMISSIONS FROM INDUSTRY EMISSIONS INTENSITY EMISSIONS LEVELS EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY PRICES ENERGY-SAVING MEASURES ENVIRONMENTAL INTEGRITY FEASIBILITY FINANCIAL LOSS FINANCIAL MARKETS FOREST FOREST LANDS FOREST PROJECTS FORESTRY FORESTRY ACTIVITIES FORESTS FOSSIL FOSSIL FUEL FOSSIL FUEL POWER FOSSIL FUELS FREE ALLOCATION FUELS FUGITIVE EMISSIONS GAS EMISSION GAS PROJECTS GENERATION GEOTHERMAL POWER GHG GHGS GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES HISTORICAL EMISSIONS HYDROPOWER INSURANCE INTERNATIONAL CREDITS INVESTMENT DECISIONS IRON LAND-USE CHANGE LANDFILLS LEVEL OF EMISSIONS MAJOR EMITTER MARGINAL ABATEMENT MARKET DISTORTIONS MEMBER STATES METHANE MINIMUM PRICE N2O NATIONAL EMISSIONS NATURAL GAS NATURAL GAS INFRASTRUCTURE NATURAL GAS SYSTEMS NITROUS OXIDE NUCLEAR ENERGY NUCLEAR POWER OFFSET CREDITS OFFSET PROJECTS OIL EQUIVALENT OIL REFINERIES ORGANIC CHEMICALS OZONE OZONE DEPLETING SUBSTANCES PENALTIES PETROLEUM PETROLEUM PRODUCTS PFCS POLICY MAKERS POWER PLANT PRICE OF ALLOWANCES PRICE SIGNAL PRICE VOLATILITY REGIONAL GREENHOUSE GAS INITIATIVE RENEWABLE ENERGIES RENEWABLE ENERGY SECONDARY MARKETS SF6 SINK SOLAR POWER THERMAL INPUT TOTAL EMISSIONS TRADING PROGRAMS USE OF OFFSETS VALUE OF ALLOWANCES WASTE WIND WIND POWER WINDFALL PROFITS ZERO EMISSIONS This document provides an overview and summary assessment of lessons and insights learned from various existing and presented domestic cap and trade schemes. For each scheme, a set of general characteristics (or issues) is considered. The characteristics (or issues) covered include the following: (i) coverage and scope; (ii) setting a cap; (iii) setting the points of obligation; (iv) allocation of allowances; (v) systems for domestic monitoring, reporting and verification, (MRV) and compliance; (vi) enabling trading and fostering stability; (vii) institutional arrangements, including technical and legal infrastructures; and (viii) use of offsets and linking. The domestic emissions trading schemes (ETS) included in this assessment are the following: (i) European Union (EU) ETS; (ii) New Zealand (NZ) ETS; (iii) United States (U.S.) northeast states regional greenhouse gas initiative (RGGI); (iv) California (Cal) ETS; (v) Australia clean energy future carbon pricing mechanism (Aus CPM); and (vi) Tokyo cap and trade program (C and T). 2015-04-29T21:15:42Z 2015-04-29T21:15:42Z 2012-04 Working Paper http://documents.worldbank.org/curated/en/2012/04/24192552/domestic-emissions-trading-existing-proposed-schemes http://hdl.handle.net/10986/21831 English en_US Partnership for Market Readiness technical papers;no. 2 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABATEMENT COSTS AFFORESTATION AIR AIR RESOURCES ALLOCATION ALLOCATION OF ALLOWANCES ALLOWANCE ALLOWANCE ALLOCATIONS AMMONIA ANNUAL CAP ANNUAL EMISSIONS APPROACH ATMOSPHERE ATMOSPHERIC CONCENTRATIONS AUCTION AVAILABILITY BALANCE BASE-YEAR EMISSIONS CAPS CARBON CARBON CREDITS CARBON MARKET CARBON OFFSET CARBON PRICE CARBON TRADING CARBON UNITS CEMENT CEMENT PLANT CEMENT PLANTS CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CO2 COAL COAL MINES COMBUSTION ACTIVITIES COST OF ENERGY CRUDE OIL DISTRIBUTION OF COSTS DISTRICT HEATING DOMESTIC EMISSIONS ECONOMIC ACTIVITY ELECTRIC UTILITIES ELECTRICITY ELECTRICITY GENERATING EMISSION EMISSION LEVEL EMISSION REDUCTIONS EMISSION TRADING EMISSIONS EMISSIONS FACTORS EMISSIONS FROM AGRICULTURE EMISSIONS FROM AVIATION EMISSIONS FROM DEFORESTATION EMISSIONS FROM ENERGY EMISSIONS FROM FUEL EMISSIONS FROM FUEL COMBUSTION EMISSIONS FROM INDUSTRY EMISSIONS INTENSITY EMISSIONS LEVELS EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY PRICES ENERGY-SAVING MEASURES ENVIRONMENTAL INTEGRITY FEASIBILITY FINANCIAL LOSS FINANCIAL MARKETS FOREST FOREST LANDS FOREST PROJECTS FORESTRY FORESTRY ACTIVITIES FORESTS FOSSIL FOSSIL FUEL FOSSIL FUEL POWER FOSSIL FUELS FREE ALLOCATION FUELS FUGITIVE EMISSIONS GAS EMISSION GAS PROJECTS GENERATION GEOTHERMAL POWER GHG GHGS GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES HISTORICAL EMISSIONS HYDROPOWER INSURANCE INTERNATIONAL CREDITS INVESTMENT DECISIONS IRON LAND-USE CHANGE LANDFILLS LEVEL OF EMISSIONS MAJOR EMITTER MARGINAL ABATEMENT MARKET DISTORTIONS MEMBER STATES METHANE MINIMUM PRICE N2O NATIONAL EMISSIONS NATURAL GAS NATURAL GAS INFRASTRUCTURE NATURAL GAS SYSTEMS NITROUS OXIDE NUCLEAR ENERGY NUCLEAR POWER OFFSET CREDITS OFFSET PROJECTS OIL EQUIVALENT OIL REFINERIES ORGANIC CHEMICALS OZONE OZONE DEPLETING SUBSTANCES PENALTIES PETROLEUM PETROLEUM PRODUCTS PFCS POLICY MAKERS POWER PLANT PRICE OF ALLOWANCES PRICE SIGNAL PRICE VOLATILITY REGIONAL GREENHOUSE GAS INITIATIVE RENEWABLE ENERGIES RENEWABLE ENERGY SECONDARY MARKETS SF6 SINK SOLAR POWER THERMAL INPUT TOTAL EMISSIONS TRADING PROGRAMS USE OF OFFSETS VALUE OF ALLOWANCES WASTE WIND WIND POWER WINDFALL PROFITS ZERO EMISSIONS |
| spellingShingle |
ABATEMENT COSTS AFFORESTATION AIR AIR RESOURCES ALLOCATION ALLOCATION OF ALLOWANCES ALLOWANCE ALLOWANCE ALLOCATIONS AMMONIA ANNUAL CAP ANNUAL EMISSIONS APPROACH ATMOSPHERE ATMOSPHERIC CONCENTRATIONS AUCTION AVAILABILITY BALANCE BASE-YEAR EMISSIONS CAPS CARBON CARBON CREDITS CARBON MARKET CARBON OFFSET CARBON PRICE CARBON TRADING CARBON UNITS CEMENT CEMENT PLANT CEMENT PLANTS CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CO2 COAL COAL MINES COMBUSTION ACTIVITIES COST OF ENERGY CRUDE OIL DISTRIBUTION OF COSTS DISTRICT HEATING DOMESTIC EMISSIONS ECONOMIC ACTIVITY ELECTRIC UTILITIES ELECTRICITY ELECTRICITY GENERATING EMISSION EMISSION LEVEL EMISSION REDUCTIONS EMISSION TRADING EMISSIONS EMISSIONS FACTORS EMISSIONS FROM AGRICULTURE EMISSIONS FROM AVIATION EMISSIONS FROM DEFORESTATION EMISSIONS FROM ENERGY EMISSIONS FROM FUEL EMISSIONS FROM FUEL COMBUSTION EMISSIONS FROM INDUSTRY EMISSIONS INTENSITY EMISSIONS LEVELS EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY PRICES ENERGY-SAVING MEASURES ENVIRONMENTAL INTEGRITY FEASIBILITY FINANCIAL LOSS FINANCIAL MARKETS FOREST FOREST LANDS FOREST PROJECTS FORESTRY FORESTRY ACTIVITIES FORESTS FOSSIL FOSSIL FUEL FOSSIL FUEL POWER FOSSIL FUELS FREE ALLOCATION FUELS FUGITIVE EMISSIONS GAS EMISSION GAS PROJECTS GENERATION GEOTHERMAL POWER GHG GHGS GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES HISTORICAL EMISSIONS HYDROPOWER INSURANCE INTERNATIONAL CREDITS INVESTMENT DECISIONS IRON LAND-USE CHANGE LANDFILLS LEVEL OF EMISSIONS MAJOR EMITTER MARGINAL ABATEMENT MARKET DISTORTIONS MEMBER STATES METHANE MINIMUM PRICE N2O NATIONAL EMISSIONS NATURAL GAS NATURAL GAS INFRASTRUCTURE NATURAL GAS SYSTEMS NITROUS OXIDE NUCLEAR ENERGY NUCLEAR POWER OFFSET CREDITS OFFSET PROJECTS OIL EQUIVALENT OIL REFINERIES ORGANIC CHEMICALS OZONE OZONE DEPLETING SUBSTANCES PENALTIES PETROLEUM PETROLEUM PRODUCTS PFCS POLICY MAKERS POWER PLANT PRICE OF ALLOWANCES PRICE SIGNAL PRICE VOLATILITY REGIONAL GREENHOUSE GAS INITIATIVE RENEWABLE ENERGIES RENEWABLE ENERGY SECONDARY MARKETS SF6 SINK SOLAR POWER THERMAL INPUT TOTAL EMISSIONS TRADING PROGRAMS USE OF OFFSETS VALUE OF ALLOWANCES WASTE WIND WIND POWER WINDFALL PROFITS ZERO EMISSIONS Partnership for Market Readiness Domestic Emissions Trading : Existing and Proposed Schemes |
| relation |
Partnership for Market Readiness technical
papers;no. 2 |
| description |
This document provides an overview and
summary assessment of lessons and insights learned from
various existing and presented domestic cap and trade
schemes. For each scheme, a set of general characteristics
(or issues) is considered. The characteristics (or issues)
covered include the following: (i) coverage and scope; (ii)
setting a cap; (iii) setting the points of obligation; (iv)
allocation of allowances; (v) systems for domestic
monitoring, reporting and verification, (MRV) and
compliance; (vi) enabling trading and fostering stability;
(vii) institutional arrangements, including technical and
legal infrastructures; and (viii) use of offsets and
linking. The domestic emissions trading schemes (ETS)
included in this assessment are the following: (i) European
Union (EU) ETS; (ii) New Zealand (NZ) ETS; (iii) United
States (U.S.) northeast states regional greenhouse gas
initiative (RGGI); (iv) California (Cal) ETS; (v) Australia
clean energy future carbon pricing mechanism (Aus CPM); and
(vi) Tokyo cap and trade program (C and T). |
| format |
Working Paper |
| author |
Partnership for Market Readiness |
| author_facet |
Partnership for Market Readiness |
| author_sort |
Partnership for Market Readiness |
| title |
Domestic Emissions Trading : Existing and Proposed Schemes |
| title_short |
Domestic Emissions Trading : Existing and Proposed Schemes |
| title_full |
Domestic Emissions Trading : Existing and Proposed Schemes |
| title_fullStr |
Domestic Emissions Trading : Existing and Proposed Schemes |
| title_full_unstemmed |
Domestic Emissions Trading : Existing and Proposed Schemes |
| title_sort |
domestic emissions trading : existing and proposed schemes |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2012/04/24192552/domestic-emissions-trading-existing-proposed-schemes http://hdl.handle.net/10986/21831 |
| _version_ |
1764449223570358272 |