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Emissions Trading Systems: a Webliography

Most of these words and phrases are becoming increasingly familiar: 

ANTHROPOGENIC   (Merriam-Webster) -"of, relating to, or resulting from the influence of human beings on nature"; as in "most of the observed increase in globally averaged temperatures since the mid-twentieth century is very likely due to the observed increase in anthropogenic (man-made) greenhouse gas concentrations"  - Summary for Policymakers  (Intergovernmental Panel on Climate Change) 
 

CAP-AND-TRADE SYSTEM  - "companies are set an emissions ceiling and must hold sufficient permits to meet that limit. If they exceed the target, they buy permits from businesses that have undershot their quotas." (Australian Emissions Plan to Compensate Households (Update3) - Gemma Daley : Bloomberg: July 16, 2008)

See also: 

 
CARBON CREDITS: Entitlement Certificates issued by the UNFCCC to implementers of approved CDM projects; each represents one metric ton of carbon dioxide or equivalent Greenhouse Gas. See Pay Or Get Paid for GHGs  (IIPM: September 26, 2008)
 
CARBON NEUTRAL: using a CARBON OFFSET to neutralize the CARBON FOOTPRINT of a given action - explained in:
 
CLEAN COAL: the oxymoron of all time, and probably a phrase that diminishes the credibility of sequestration elements of the debate - a pity, considering the positioning of CCS as a crucial element among solutions.  
What is Clean Coal Technology?   (Sarah Dowdey / HowStuffWorks) gives a general overview of the multiple technologies either in use or under development.
Carbon Capture and Storage from Fossil Fuel Use   (Howard Herzog and Dan Golomb / MIT Laboratory for Energy and the Environment) details the sorts of CCS technology promoted as a prime solution to mitigate global warming.
 
CLIMATE-SPEAK: 3 phrases from Greenland - "Just a few years ago ..."; "I've never seen that before..."; "Well usually ... but now I don't know anymore." See Learning to Speak Climate  (Thomas L. Friedman / IHT: August 06, 2008)
 
 
Carbon Emissions on the Rise But Policies Growing Too   (James Russell /  Worldwatch Institute: August 06, 2008) - emphasis on the United States, Europe, India and China; the developing world's per capita emissions are well below those in industrial countries.
 
New Report Says Global Carbon Emissions on the Rise despite Reduction Efforts  (Rich Bowden / Tech Herald: September 28, 2008) - a global four-fold increase in carbon emissions since 2000. See also the Global Carbon Project's report: Carbon Reductions and Offsets (15 July 2007)
 
Carbon Trends: an Annual Update of the Global Carbon Budget and Trends  (Global Carbon Project, 2008) - analysis supported by
references, slide presentations, additional emission figures, data files,  and a description of data sources and calculations.
 
 
Emissions Trading Systems - Overview Documents.
 
Emissions Trading   (UNFCCC) - ETS allows countries that have unused emission units to sell excess capacity to countries that have exceeded their targets; commodification of emission reductions or removals; identifies other trading units in the carbon market.
 
Your Ask the Expert: Carbon Trading   (Abyd Karmali / CNN: October 03, 2008)
 
Emissions Trading   (Wikipedia)
 
Market Mechanisms   (International Emissions Trading Association, 2008) - an introduction to emission reduction trading markets.
 
Linking GHG Emission Trading Schemes and Markets (Jane Ellis and Dennis Tirpak / OECD, October 2006) - sections on different sorts of schemes; glossary of abbreviations.
 
Inside WCI: Linking   (Eric de Place / Daily Sightline: August 04, 2008) - how different cap and trade programs can coexist.
 
An Overview of Carbon Markets and Emissions Trading: Lessons for Canada  (Michael R. King / Bank of Canada, 2008) - how emissions trading can mitigate CO2 emissions; key steps in establishing a cap-and-trade system; lessons from the EU Emissions Trading System. 
 
EUROPEAN UNION:
Europe Warming Too Quickly  (Alister Doyle / news.com.au: September 29, 2008)
 
The EU's Contribution to Shaping A Future Global Climate Change Regime  (European Commission, 2008) - large collection of resources.
 
The European Union’s Emissions Trading System in Perspective  (A. Denny Ellerman, Paul L. Joskow / Pew Center on Global Climate Change: May 2008) - the world’s first cap-and-trade emissions program; emphasis on its role as a work in progress providing perspective on problems in constructing a global ETS.
See especially Section IV. Controversies, covering issues of windfall profits, the allocation process and over-allocation, volatility of EUA prices, and tlinkage provisions.
 
European Parliament Votes for Tougher Emissions Targets  (James Kanter / IHT: September 25, 2008)
 
EU Parliament Panel Backs Plan to Cap Car CO2 in 2012 (Update2)  (Jonathan Stearns / Bloomberg: September 25, 2008) - will apply to all new cars.
 
EU Parliament Backs Climate Plan  (Quirin Schiermeier / Climate Feedback: October 08, 2008) - from 2013, power stations will not receive free emission allowances; free allowances to manufacturing industries to be phased out by 2020; some concessions to industry.
 
EU Climate Goals under Pressure As Recession Looms (EurActiv: September 26, 2008) - many useful links at this site.   
 
Emissions Trading Proves Steep Learning Curve for Airlines  (Kerry Ezard / Flightglobal: September 29, 2008) - compulsory inclusion in the ETS from 2012.
 
Steelmakers Urge EU to Improve Emissions Proposal  (Reuters: October 02, 2008) - call for balance between ETS and industrial competitiveness.
 
Emissions Trading in the Netherlands   (Nederlandse Emissieautoriteit, 2006) - concise summary.
 
Norwegian Emissions Trading System  (ICAO Workshop, Montreal: June 18, 2008) - a slideshow.
 
 
NORTH AMERICA:
The Western Climate Initiative   - launched in February 2007: is a collaboration of seven U.S. governors and four Canadian Premiers. Aims to "identify, evaluate and implement collective and cooperative ways to reduce greenhouse gases in the region, focusing on a market-based cap-and-trade system." 
Developments:
 
The Regional Greenhouse Gas Initiative - an initiative of the Northeast and Mid-Atlantic States of the U.S; the first mandatory, market-based effort in the U.S. to reduce GHG emissions.
Comment:
 
Chicago Climate Exchange   - "marketplace for integrating voluntary legally binding emissions reductions with emissions trading and offsets."
Comment: Chicago Climate Futures Exchange RGGI Futures and Options Contracts   (Carbon Finance Report: August 20, 2008)
 
Climate Change Draft Scoping Plan: a Framework for Change: June 2008 Discussion Draft, Pursuant to AB 32, the California Global Warming Solutions Act of 2006  (California Air Resources Board) - "actions designed to reduce overall carbon emissions in California, improve our environment, reduce our dependence on oil, diversify our energy sources, save energy, and enhance public health while creating new jobs and enhancing the growth in California’s economy." To be considered in November, 2008; measures to be developed and in place by 2012.
Comment:
California Dreaming: Can a Growing State Slash Emissions? (Keith Johnson / Environmental Capital: June 26, 2008)
California Green: State Says Climate Plan Equals Economic Growth (Keith Johnson / Environmental Capital: September 18, 2008)
 
 
United States: Weekly Climate Change Policy Update - September 29, 2008 (Kyle Danish, Shelley Fidler, Andrea Hudson Campbell, Kevin Gallagher / Mondaq) - comprehensive summary to date.
 
The Incidence of U.S. Climate Policy: Where You Stand Depends on Where You Sit  (Dallas Burtraw, Richard Sweeney, Margaret A. Walls / RFF Discussion Paper 08-28, September 2008) - effects of a cap-and-trade program on household costs in 11 regions.
 
Economic Analyses  (EPA) of the Lieberman-Warner Climate Security Act of 2008 (designed to reduce U.S. greenhouse gas emissions through the development of a market driven system of tradable allowances), and related legislation.
 
Compensation for Electricity Consumers under a U.S. CO2 Emissions Cap  (Anthony Paul, Dallas Burtraw, Karen Palmer / Resources for the Future: July 19, 2008) - evaluates alternative ways of allocating emission allowances.
 
 
ASIA:
Carbon Emissions Scenarios for China to 2100   (Tao Wang,  Jim Watson / Tyndall Centre Working Paper 121, September 2008) - summarises cumulative carbon emissions scenarios for China to 2050 and 2100; explains methodology.
 
Impact of Revised CO2 Growth Projections for China on Global Stabilization Goals.(Geoffrey Blanford, Richard Richels, Thomas Rutherford / Fondazione Eni Enrico Mattei: September 2008) - models have underestimated the rate of increase in China's emissions; recalibration of one of those models.
 
Carbon Trading Warms Up in Tianjin  (Yun Zhang / ALB Legal News: September 26, 2008) - new Tianjin Climate Exchange,  co-founded by the Chicago Climate Exchange. 
 
Institutional Design for the Emissions Trading System in Japan  (Toru Morotomi / Kyoto Economic Review, Vol. 75, 2006)  - useful background; see especially part 2 Significance and Limitations of the Voluntary Emissions Trading Scheme.
 
Japan Promotes Carbon Trading, Hybrids   (Ucilia Wang / greentechmedia: July 29, 2008) - plan to reduce the country's greenhouse emissions by up to 80 percent by 2050.
 
 
COSTS OF EMISSION REDUCTION:
Treasury Costs ETS   (Lindsay Mitchell / October 06, 2008) - Australia.
 
Managing Costs in a U.S. Greenhouse Gas Trading Program: A Workshop Summary. (William A. Pizer / RFF Discussion Paper DP-08-23, July 2008)
 
Task Force Ignores the Cost of Reductions   (JSOnline: August 02, 2008)
 
ECONOMIC IMPACTS:
State-level Economic Impacts of a National Climate Change Policy  (Martin Ross et al / Pew Center on Global Climate Change: April 2008)
 
Rudd's Carbon Scheme Chokes   (Paul Kelly / Australian: August 06, 2008) - "Australia's emissions trading model cannot work... is misconceived and ... will damage Australia's economy with almost no prospect of solving the global problem." 
 
Libs Urge Delay in Emissions Trade  (Cathy Alexander / Canberra Times: October 02, 2008)
 
EU's Climate Package 'in crisis'   (Roger Harrabin / BBC News:  October 06, 2008)
 
EMPLOYMENT: 
Fears Climate Policy to Cost a Million Jobs   (Andrew Fraser / Canberra Times: July 10, 2008)
 
INTEGRATING THE GLOBAL MARKET:
Just Carbon Emission Trading  (frogblog: October 01, 2008) - harmonising ETS trading on an international market.
 
JUSTICE:
Charity Warns of Impact of Emissions Scheme   (ABC: September 25, 2008)
 
Justice and Climate Change   (Eric A. Posner and Cass R. Sunstein / Harvard Project on International Climate Agreements Discussion Paper 08-04, September 2008)
 
UNCERTAINTY:
Why Are Agricultural Impacts of Climate Change So Uncertain?    (David Lobell and Marshall Burke / Stanford University, 2008)
 
 
UNINTENDED CONSEQUENCES:
'Closure of Power Stations on Cards'   (Rick Wallace / Australian: September 30, 2008)
 
 
Are We Trading Energy Conservation for Toxic Air Emissions?  (Matthew Eckelman, Paul Anastas and Julie Beth Zimmerman / Yale University: October 01, 2008)
 
 
Further Learning Resources.
 
REFERENCE:
Emissions Trading and Offsets   - lists emissions trading, joint implementation and CDM solutions undertaken by members of The Pew Center's Business Environmental Leadership Council.
 
Glossary   (Climate Change North, 2005)
 
Environmental Glossary  (Singapore Green Business Times: August 01, 2008)
 
 
King's Global Warming Collection   (King's College Library, University of Cambridge) - "greenhouse gases, the ozone layer, carbon trading and carbon sequestration, fossil fuels, renewables, nuclear energy, energy storage and distribution, and the hydrogen economy".
 
GAMES AND SIMULATIONS:
Climate Challenge   - free online game, won the 2008 European Green IT award. Players guide Europe through the 21st century, making tough choices along the way.
 
 
 
BLOGS:
Emissions Trading - newsletter for the emissions market place. including news, prices, links and commentary.
 
Climate Change Blog   (California Academy of Sciences)
 
 
Climate Change Australia   - discussion and analysis.
 
Carbon Offsets Daily   (Affan Laghari) - free resource on all things carbon.
 
WEBSITES:
 
 
COURSEWARE:
Global Warming   (Virtual Courseware) 
 
Costs of Climate Protection: A Guide for the Perplexed   (Robert Repetto, Duncan Austin / World Resources Institute, 1997) - MS PowerPoint
 
 
PAPERS AND REPORTS: 
 
Climate Changes   - new research papers on the Economics of Climate Change.
 
Report Series   (Global Carbon Project)
 
Lessons from Global Environmental Assessments (M. Kok et al / Netherlands Environmental Assessment Agency, September 2008)
 
Global Trading versus Linking: Architectures for International Emissions Trading.  (Christian Flachsland, Robert Marschinski and Ottmar Edenhofer / Potsdam Institute for Climate Impact Research, September 2008)
 
A Lindahl Solution to International Emissions Trading (Yukihiro Nishimura / Queen’s University, August 2008)
 
On Modeling and Interpreting the Economics of Catastrophic Climate Change  (Martin L. Weitzman / REStat: July 07, 2008)
 
Sources: The idea and core materials for this Webliography are drawn and edited from  WWWTools for Education, an important web resource for educators. Graeme Daniel posted his complete Webliography on October 30, 2008. The TCI will continue to update and build the Webliography with an emphasis on the status and implications of emissions trading and carbon offsets for the State of Texas and the United States.
 
 
.   30/10/2008
Author : Graeme Daniel
 
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