Policy Statement; General Principles for
Meanwhile, the US Senate has at last been debating its version of a long-promised emissions trading
scheme, with a bill being published this May.
They include ensuring the cap is set at the right level, expanding emissions trading
to include aviation and shipping - ideally through a global scheme for those sectors - and protecting firms at risk of carbon leakage, while ensuring measures are focused on those sectors which genuinely need protection.
It has been argued that one of the reasons emissions trading
was unsuccessful in Europe was that initial allocations of permits were free, so Garnaut recommended against giving free permits.
He called for emissions trading
to be introduced globally rather than regionally.
IREM supports federal funding of a cost/benefit analysis and research into the feasibility of an emissions trading
program for the real estate industry.
Prime Minister Helen Clark said yesterday the delay until January 2011 in imposing the emissions trading
scheme would help protect consumers.
The growing interest in emissions trading
systems corresponds to a
In 2005, the European Union launched a greenhouse gas Emissions Trading
Scheme (ETS), the largest emission trading program in the world.
Following chapters reviewing the history of the framework to date and examining the role of the EU-Russia Partnership and Cooperation Agreement in Russian ratification of Kyoto, eight chapters examine various aspects of the European Parliament's Greenhouse Gas Emissions Trading
Directive, including member state difficulties in drawing up national allocation plans, the industry liability regime for member state failure, the allocation process within the emissions trading
system, links between Kyoto's project mechanisms and the EU trading scheme, the relationship between emissions trading
and public rights regarding environmental policy, and provisions for enforcement.
So the protocol's red-faced host country is bumping up its involvement in the treaty's three mechanisms: Joint Implementation, the Clean Development Mechanism and Carbon Emissions Trading
But we strongly disagree with her deprecating view of greenhouse gas (GHG) emissions trading
and her implicit endorsement of "conventional methods of stemming pollution": command-and-control regulation.