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Diane Publishing Books
Climate Change and the EU Emissions Trading Scheme (ETS): Looking to 2020
Larry Parker (au)
The European Unionís (EU) Emissions Trading Scheme (ETS) is a cornerstone of the EUís efforts to meet its obligation under the Kyoto Protocol. It covers more than 10,000 energy intensive facilities across the 27 EU Member countries; covered entities emit about 45% of theEUís carbon dioxide emissions. A ďPhase 1Ē trading period began Jan. 1, 2005. A second, Phase 2, trading period began in 2008, covering the period of the Kyoto Protocol. A Phase 3 will begin in 2013 designed to reduce emissions by 21% from 2005 levels. The U.S. is not a party to the Kyoto Protocol. However, five years of carbon emissions trading has given the EU valuable experience in designing and operating a greenhouse gas trading system. This experience may provide some insight into cap-and-trade design issues currently being debated in the U.S. Contents of this report: (I) Overview; (II) Results from Phase 1 and 2; (III) Phase 3: Auctions; New Entrant Reserves; EC Phase 3 Decision on Eligible Industries; Flexibility Mechanisms and Price Volatility Control; Expanding Coverage; (IV) Summary and Considerations for U.S. Cap-and-Trade Proposals: Emission Inventories and Target Setting; Coverage; Allocation Schemes; Flexibility and Price Volatility. Figures.
Reading from the Heart: Women, Literature & the Search for True Love
Whiz Kid of Wall Streetís Investment Guide: How I Returned 34% on My Portfolio, & You Can,Too
Essential Tibetan Buddhism
Family Herbal Cookbook: A Guide to the Ancient Chinese Philosophy of Food & Health
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