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Emissions Trading in the US: Legal Issues

K Russell LaMotte, David M (Max) Williamson, and Lauren A Hopkins

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0018
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter offers a guide to the key legal issues presented by national and sub-national greenhouse gas (GHG) regulatory initiatives in the United States. Section 2 provides an overview of ... More


The European Union Emissions Trading Scheme

Markus Pohlmann

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0016
Subject:
Law, Environmental and Energy Law, Private International Law

On 29 April 1998, the European Community (EC) and the initial fifteen EU member states signed the Kyoto Protocol. Under the Kyoto Protocol, the EC and the EU member states are committed to jointly ... More


Legal Ownership and Nature of Kyoto Units and EU Allowances

Matthieu Wemaere, Charlotte Streck, and Thiago Chagas

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0002
Subject:
Law, Environmental and Energy Law, Private International Law

The Kyoto Protocol creates sovereign rights for parties trading Kyoto units. Kyoto parties can then authorize private entities to participate in trading under the international instrument. This ... More


Trade and Investment Implications of Carbon Trading for Sustainable Development

Cordonier Segger Marie-Claire and Gehring Markus

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0004
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter briefly examines, based on recent legal analysis and scholarship in the field of sustainable development, the trade and investment implications of carbon trading. First, it considers how ... More


Law and Policy in the European Union

Cinnamon Piñon Carlarne

in Climate Change Law and Policy: EU and US Perspectives

Published in print:
2010
Published Online:
January 2011
ISBN:
9780199553419
eISBN:
9780191594984
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199553419.003.0005
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter briefly reviews the history of the EU as it relates to the role of EU institutions in environmental policy-making. It explores EU decision-making institutions and processes and the ... More


International Emissions Trading and Green Investment Schemes

Sander Simonetti and Rutger de Witt Wijnen

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0007
Subject:
Law, Environmental and Energy Law, Private International Law

The Kyoto Protocol has introduced the first ever global scheme of emissions trading. Parties included in Annex I to the United Nations Framework Convention on Climate Change (UNFCCC) with greenhouse ... More


The Secondary Market for Emissions Trading: Balancing Market Design and Market Based Transaction Norms

Andrew Hedges

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0015
Subject:
Law, Environmental and Energy Law, Private International Law

The EU Emission Trading Scheme (EU ETS) is a leading example of how to strike a balance between the necessity for a sufficiently certain market design to underpin its growth and the critically ... More


Offsets in the Emerging US Cap-and-Trade Programmes

Kyle W Danish

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0019
Subject:
Law, Environmental and Energy Law, Private International Law

As the United States moves forward from voluntary efforts to the establishment of mandatory cap-and-trade programmes for greenhouse gas (GHG) emissions, offsets have become a central issue of policy. ... More


The Role of Project-Based Mechanisms in the Future Carbon Market

Jos Cozijnsen and Michael J Coren

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0025
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter addresses the following question: ‘Can offset mechanisms help promote a low-carbon economy at a reasonable cost?’ The answer to this question is, yes. They are not the entirety of the ... More


Summary and Outlook

Charlotte Streck and David Freestone

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0029
Subject:
Law, Environmental and Energy Law, Private International Law

In early 2010 it will be five years since the Kyoto Protocol came into force. This short period has been truly astonishing for the new world of carbon trading. The market for trading emission rights ... More


Accounting for Emissions: From Costless Activity to Market Operations *

Allan Cook

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0003
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter examines, in the context of the European Union's new Emissions Trading Scheme under the Kyoto Protocol, the issues surrounding the aborted attempt by the International Accounting ... More


Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

David Freestone and Charlotte Streck (eds)

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.001.0001
Subject:
Law, Environmental and Energy Law, Private International Law

Since 2005, the carbon market has grown to a value of nearly $100 billion per annum. This book examines all the main legal and policy issues which are raised by emissions trading and carbon finance. ... More


Carbon Markets and Policy in Australia: Recent Developments

Martijn Wilder and Louisa Fitz-Gerald

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0020
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter examines the recent developments in climate policy in Australia, with a specific focus on the recently introduced legislation for emissions trading in Australia. It also considers the ... More


Private Actors in International and Domestic Emissions Trading Schemes

Jolene Lin

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0006
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter analyzes the risks and opportunities for private entities in the international climate regime and domestic emissions trading schemes, respectively. It begins with an overview of carbon ... More


Emissions Trading before the European Court of Justice: Market Making in Luxembourg

Navraj Singh Ghaleigh

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0017
Subject:
Law, Environmental and Energy Law, Private International Law

This chapter focuses on challenges to the European Union Emissions Trading Scheme (EU ETS) brought before the European Court of Justice (ECJ) and the Court of First Instance (CFI) — the ‘Community ... More


The Voluntary Carbon Market: Its Contributions and Potential Legal and Policy Issues

Passero Michelle

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0023
Subject:
Law, Environmental and Energy Law, Private International Law

Over the past several years, transactions for the voluntary purchase and sale of greenhouse gas (GHG) emissions reductions have grown significantly. Also known as the ‘voluntary carbon market’, this ... More


A Post-2012 Vision for the Clean Development Mechanism

Christiana Figueres and Charlotte Streck

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0026
Subject:
Law, Environmental and Energy Law, Private International Law

Despite the many calls to reform the flexibility mechanisms of the Kyoto Protocol, their conceptual underpinnings are strong and it is likely that the idea of the mechanisms, in fact the mechanisms ... More


Carbon Contracting

Martijn Wilder and Louisa Fitz-Gerald

in Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199565931
eISBN:
9780191722028
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199565931.003.0014
Subject:
Law, Environmental and Energy Law, Private International Law

There are several types of carbon credits under the international, regional and national emissions trading schemes, and as to be expected, there are many different approaches to contacting for the ... More


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