Carbon Credits and Global Emissions Trading

A Viable Concept for the Future?

Nonfiction, Science & Nature, Nature, Environment, Environmental Conservation & Protection
Cover of the book Carbon Credits and Global Emissions Trading by Jens Hillebrand, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jens Hillebrand ISBN: 9783640169559
Publisher: GRIN Publishing Publication: September 22, 2008
Imprint: GRIN Publishing Language: English
Author: Jens Hillebrand
ISBN: 9783640169559
Publisher: GRIN Publishing
Publication: September 22, 2008
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2008 in the subject Environmental Sciences, grade: 1,0, Vrije University Brussel (Solvay Business School), course: Advanced Technology, language: English, abstract: The ongoing process of changes in the global climate system is rather undisputed these days, as it is evident from observations of increases in global average air and ocean temperatures, widespread melting of snow and ice as well as rising global sea levels. Moreover, while the exact causes for the currently observed increases in global temperatures are yet to be established, a growing consensus is emerging that at least part of it is human-caused. As a result, various panels and organisations have emerged throughout the world, which are working on strategies how to reverse or at least halt this process. As Kolk & Pinske point out the resulting climate policies across different sectors and locations are diverse. Various companies are trying to restructure their operations in order to reduce waste and to make their processes more energy efficient. A number of governments are enacting policies to replace CO2-intensive energy, released through the burning of coal, oil and gas by more environmentally friendly, so-called 'clean' energy, such as wind, solar, or hydroelectric power. Others are resorting back to nuclear power asserting that the actual risks of this technology are by far not as high as they are perceived to be or as they were some years ago. A further alternative that has recently been implemented by the EU is a 'cap-and-trade system' for energy-intensive industries, which defines strict limits for the absolute amount of emissions. While the responsibility for complying with this regulation rests with the companies in the respective industries, they are free to find ways how to stay within the limits. Compensating for emissions by purchasing carbon credits is one prominent option available to companies in this respect. Purpose of this paper will hence be to analyse the current state of emissions trading development and assess the prospects of a universal worldwide emissions trading scheme.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2008 in the subject Environmental Sciences, grade: 1,0, Vrije University Brussel (Solvay Business School), course: Advanced Technology, language: English, abstract: The ongoing process of changes in the global climate system is rather undisputed these days, as it is evident from observations of increases in global average air and ocean temperatures, widespread melting of snow and ice as well as rising global sea levels. Moreover, while the exact causes for the currently observed increases in global temperatures are yet to be established, a growing consensus is emerging that at least part of it is human-caused. As a result, various panels and organisations have emerged throughout the world, which are working on strategies how to reverse or at least halt this process. As Kolk & Pinske point out the resulting climate policies across different sectors and locations are diverse. Various companies are trying to restructure their operations in order to reduce waste and to make their processes more energy efficient. A number of governments are enacting policies to replace CO2-intensive energy, released through the burning of coal, oil and gas by more environmentally friendly, so-called 'clean' energy, such as wind, solar, or hydroelectric power. Others are resorting back to nuclear power asserting that the actual risks of this technology are by far not as high as they are perceived to be or as they were some years ago. A further alternative that has recently been implemented by the EU is a 'cap-and-trade system' for energy-intensive industries, which defines strict limits for the absolute amount of emissions. While the responsibility for complying with this regulation rests with the companies in the respective industries, they are free to find ways how to stay within the limits. Compensating for emissions by purchasing carbon credits is one prominent option available to companies in this respect. Purpose of this paper will hence be to analyse the current state of emissions trading development and assess the prospects of a universal worldwide emissions trading scheme.

More books from GRIN Publishing

Cover of the book Josephina Niggli - Mexican Village by Jens Hillebrand
Cover of the book The Death Penalty in Chinese Criminal Law by Jens Hillebrand
Cover of the book The delimitation of the case system in Russian by Jens Hillebrand
Cover of the book With reference to the sources and relevant secondary literature examine the reasons for the success of the First Crusade. by Jens Hillebrand
Cover of the book The Role of Women by Jens Hillebrand
Cover of the book The Family Markowitz by Jens Hillebrand
Cover of the book Die Leistungs- und Qualitätsvereinbarung (LQV) in der vollstationären Altenpflege by Jens Hillebrand
Cover of the book Edward Said and the Cultural History of British Colonialism in India by Jens Hillebrand
Cover of the book Business Process Outsourcing in the European Financial Industry by Jens Hillebrand
Cover of the book Die keynesianische Arbeitslosigkeit by Jens Hillebrand
Cover of the book TPACK for Pre-service Science and Mathematics Teachers by Jens Hillebrand
Cover of the book A Level-of-Analysis-approach to the Kosovo-War by Jens Hillebrand
Cover of the book Travel & Tourism: How far have women's and young girls' travel experience differed from men's in the 19th century? by Jens Hillebrand
Cover of the book Where to live? - The Houses in 'Howards End' by Jens Hillebrand
Cover of the book Integration or Separation? by Jens Hillebrand
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy