A growing number of GHG emissions trading schemes are being
implemented at regional or national levels. However, even as the
number of different schemes grows, few linkages exist between them.
Major cap-and-trade proposals are currently at important stages in
their development, especially in the United States, Japan and
Australia, some of which explicitly emphasize the aim of linking
with other schemes. One of the strategic goals of European climate
policy is linking the EU ETS with other comparable schemes. The
research presented in this volume is on actual economic, political
and institutional constraints and implications. It examines the
role of linking trading schemes for the development of the
post-Kyoto climate architecture and for increasing linkage between
schemes. This essential research will be relevant to both the
scientific community and for policymakers who are involved in the
design of emerging trading schemes and offset mechanisms, as well
as in designing the post Kyoto climate regime. This volume focuses
specifically on: o Economic, institutional/regulatory and legal
dimensions of linking o Implications of linking on the design of
emerging trading schemes o The role of linking trading schemes for
the development of the post-Kyoto climate regime
General
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