Details

Autor(en) / Beteiligte

• Newell, Richard G.
• Pizer, William A.
• Raimi, Daniel

Titel

Carbon Market Lessons and Global Policy Outlook

Ist Teil von

• Science (American Association for the Advancement of Science), 2014-03, Vol.343 (6177), p.1316-1317

Ort / Verlag

Washington: American Association for the Advancement of Science

Erscheinungsjahr

2014

Quelle

American Association for the Advancement of Science

Beschreibungen/Notizen

• Ongoing work on linking markets and mixing policies builds on successes and failures in pricing and trading carbon. Prices in the European Union's (EU) Emissions Trading System (EU-ETS) spent 2013 at historic lows. Elected officials have promised to repeal the Australian carbon market. Yet five new regional carbon markets recently began in China, which nearly doubled the volume of emissions covered by trading programs. This follows California's successful launch of its cap-and-trade program in 2013 and its 2014 link to Quebec's market. Are carbon markets seriously challenged or succeeding and on the rise?