Carbon Trading, Finances and related Economics
Description:
Carbon trading is also known as emissions trading, is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.[1].There are active trading programs in several air pollutants. For greenhouse gases the largest is the European Union Emission Trading Scheme.In the United States there is a national market to reduce acid rain and several regional markets in nitrogen oxides.
The emissions trading system is based on different organizations' regulation or agreements, such as EU and Tyoto Protocol.[2]There are alreay some emissions trading platforms, like The European Climate Exchange (ECX) [3], Chicago Climate Exchange (CCX)[4] and ICE [5].
Enablers:
Inhibitors:
Paradigms:
Web Resources:
Experience with Market-Based Environmental Policy Instruments
International Emissions Trading Association
Emissions Trading
Chicago Climate Exchange
The European Climate Exchange
UK Emissions Trading Group
ICE