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Title: Linking Emissions Trading Schemes: Analysis and Recommendations for EU-Australia and Quebec-California Linkages
Authors: Vaiciulis, Rolandas
Keywords: Linking Emissions Trading Schemes;EU-Australia and Quebec-California Linkages
Issue Date: Sep-2015
Publisher: Canadian Institute of Resources Law
Citation: "Linking Emissions Trading Schemes: Analysis and Recommendations for EU-Australia and Quebec-California Linkages", CIRL Occasional Paper #50 (Calgary: Canadian Institute of Resources Law, 2015)
Series/Report no.: CIRL Occasional Paper;50
Abstract: Since the introduction of international emissions trading by the Kyoto Protocol, the emissions trading mechanism used to reduce greenhouse gas (GHG) emissions appears to regain attention at both, the national and the regional levels. Currently, the European Union (EU), Australia, Japan, some United States (US) states and Canadian provinces, New Zealand, South Korea and China, have already established or are currently developing their emissions trading schemes (ETSs). Considerations for establishing further ETSs are also in progress in Brazil, Chile, Mexico, Ukraine and Turkey. This paper aims at examining the following question: Will the EU-Australia and Quebec-California be able to achieve an effective linkage with each other? In addressing this question, this paper will first discuss design elements that were identified in the literature review as crucial for the linking of different ETSs, and then consider how each design feature is addressed by the potential linking partners, identifying potential incompatibilities, if any, and outlining what adjustments, if any, might be made to facilitate effective linkages between them.
Appears in Collections:Occasional Papers

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