TY  - BOOK
TI  - Emissions Trading Schemes and Their Linking: Challenges and Opportunities in Asia and the Pacific
SN  - 9789292573737
AV  - HC79.P55.A853 2016eb 
U1  - 363.73874599999999 
PY  - 2016///
CY  - Manila
PB  - Asian Development Bank
KW  - Emissions trading--International cooperation
KW  - Electronic books
N1  - Cover -- Contents -- Tables and Figures -- Tables -- 1.1 Existing and Emerging Emissions Trading Systems -- 2.1 Emissions Trading Systems Examined in Section 6 -- 2.2 Overview of the European Union Emissions Trading System -- 2.3 Overview of the Regional Greenhouse Gas Initiative -- 2.4 Overview of the Western Climate Initiative -- 2.5 Overview of the Alberta Greenhouse Gas Reduction Program -- 2.6 Overview of the New Zealand Emissions Trading System -- 2.7 Overview of the Australian Carbon Pricing Mechanism -- 2.8 Overview of Japanese Prefecture Level-Based Emissions Trading Systems -- 2.9 Overview of the Republic of Korea Emissions Trading System -- 2.10 Experiences of Linking Emissions Trading Systems -- 3.1 Experience and Lessons from Existing Emissions Trading Systems -- 3.2 Phase III Cap and Change of Emissions Outlook -- 4.1 Overview of Emissions Trading Systems in the People's Republic of China -- 4.2 Overview of the Emissions Trading System in Kazakhstan -- 4.3 Overview of Emissions Trading Systems in India, Indonesia, Thailand, and Viet Nam -- 5.1 Average Annual Growth Rate in Gross Domestic Product and Carbon Dioxide Emissions -- 5.2 Compliance to the Emissions Trading Systems in the People's Republic of China for the First 2 Years -- 5.3 Trading Volume of Emissions Trading Systems in the People's Republic of China for the First 2 Years -- 6.1 Trading Relationships between the Largest Economies in Asia and the Pacific -- 6.2 International Carbon Action Partnership Research on the Relative Importance of Emissions Trading System Design Elements on Linking -- 6.3 Summary of Reduction Targets and Trading System Implementation by Country -- A1.1 Aggregated Compliance Outcome of the Alberta Greenhouse Gas Project, 2007-2014; A2.1 2011 Key Economic Indicators and Carbon Emissions Indicators in the Countries with Carbon Trading Potentials in Asia and the Pacific -- Figures -- 1.1 Visual Guide of the Sections -- 1.2 Existing and Emerging Emissions Trading Systems in Asia and the Pacific -- 2.1 Visual Guide of the Sections -- 2.2 Key Elements of an Emissions Trading System -- 2.3 Direct Linking between Three Systems -- 2.4 Indirect Linking -- 3.1 Visual Guide of the Sections -- 3.2 Evolution of European Union Allowance from 2005-2015 -- 3.3 Regional Greenhouse Gas Initiative Power Plant Emissions Compared with their Caps -- 3.4 Oversupply of Allowances in the European Union Emissions Trading System -- 3.5 Freely Allocated European Union Allowance vs. Emissions in Industrial Sectors -- 4.1 Visual Guide of the Sections -- 5.1 Visual Guide of the Sections -- 6.1 Visual Guide of the Sections -- 6.2 Approach to Harmonization and Linking of Systems -- 6.3 Steps to Approach Linking -- A1.1 Evolution of Gross Domestic Product (in Real Terms), Greenhouse Gas Emissions, and Emissions Intensity -- A1.2 Greenhouse Gas Emissions by Main Sector in EU-28, Change 1990-2012 and 2012 Shares -- A1.3 Aggregate Change in Total CO Emissions from Fossil Fuel Combustion 2 in the EU-28, during Phase I and Phase II of the European Union Emissions Trading System -- A1.4 Regional Greenhouse Gas Initiative: Emissions and Economic Growth -- A1.5 Distribution of Auction Revenues -- A1.6 Changes in Emissions -- Foreword -- Preface -- Acknowledgments -- Abbreviations -- 1 Context: Carbon Pricing Instruments for Developing Member Countries -- Carbon Pricing Options -- Choosing the Right Carbon Pricing Approach -- Emissions Trading Systems in Asia and the Pacific -- 2 Existing Emissions Trading Systems-Theory and Practice -- Theory-Building Blocks of Emissions Trading Systems; Practice-Existing Emissions Trading Systems -- Theory-Possible Linking Arrangements -- Linking Experiences -- 3 Key Challenges and Lessons Learned from Existing Emissions Trading Systems -- Overview -- Political Desirability and Legal Frameworks Play Decisive Role in Emissions Trading Systems -- Flexibility to Address Oversupply -- Consequences of Offsets for Allowance Surpluses and Emissions Trading System Abatement -- Framework to Incentivize Long-Term Investment -- Allocation as a Fair System that Supports Long-Term Competitiveness -- Banking May Have Longer-Term Implications for Future Emission Reduction and Carbon Price -- Institutional Setup and Operation -- Prefecture-Level Trading (Tokyo Cap-and-Trade Program) -- Summary on Lessons for the Future Development of Emissions Trading Systems -- 4 Emissions Trading Systems in Developing Member Countries -- People's Republic of China Emissions Trading System -- Kazakhstan's Emissions Trading System -- Emerging Initiatives: India, Indonesia, Thailand, Viet Nam -- 5 Key Challenges Faced by Developing Member Countries and a Blueprint for the Future -- Political Commitment and Uncertainty -- Policy Interactions -- Target Setting and Flexibility -- Legal Framework and Enforcement -- Institutions and Monitoring, Reporting, and Verification Capacity -- Allocation Mechanisms -- The Functioning of the Market -- Enabling Conditions -- Summary-A Staged Approach -- 6 Linking: Key Challenges and What Can Be Learned from International Experience -- Lessons Learned from International Experience of Linking -- Linking Enablers and Barriers in Developing Member Countries -- Strategic Approach toward Linking Emissions Trading Systems in Asia and the Pacific -- Appendices -- 1 Track Record of Existing Emissions Trading Systems -- 2 Advantages and Disadvantages of Linking Emissions Trading Systems; 3 Energy, Greenhouse Gas, and Renewable Energy Policy Instruments -- References
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