The Carbon Market Challenge

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  • The Carbon Market Challenge Book Detail

  • Author : Regina Betz
  • Release Date : 2022-10-06
  • Publisher : Cambridge University Press
  • Genre : Political Science
  • Pages : 150
  • ISBN 13 : 100921649X
  • File Size : 93,93 MB

The Carbon Market Challenge by Regina Betz PDF Summary

Book Description: Carbon markets – both emission trading systems and baseline and credit systems – are an increasingly common policy instrument being introduced to address climate change mitigation. However, their design is crucial to ensure that they deliver cost-effective emission reductions while maintaining environmental integrity. This Element puts together a comprehensive, principle-based overview of the risks and abuses to environmental integrity and cost effectiveness that have emerged for carbon markets at all jurisdictional levels around the world, provides concrete examples, and offers effective policy and governance solutions to overcome such risks. This title is also available as Open Access on Cambridge Core.

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This book explores the microstructure of carbon markets and the pricing of carbon financial instruments generally. It provides a critical microstructure analysi

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The global carbon market currently faces a deep demand crisis. The consequent price fall reduces the incentive to make low-carbon investments and thus increases