Restricted linking of emissions trading systems: options, benefits, and challenges
Author
Abstract
Suggested Citation
DOI: 10.1007/s10784-017-9370-0
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Michael Mehling & Erik Haites, 2009. "Mechanisms for linking emissions trading schemes," Climate Policy, Taylor & Francis Journals, vol. 9(2), pages 169-184, January.
- Erickson, Peter & Lazarus, Michael & Spalding-Fecher, Randall, 2014. "Net climate change mitigation of the Clean Development Mechanism," Energy Policy, Elsevier, vol. 72(C), pages 146-154.
- Christian Flachsland & Robert Marschinski & Ottmar Edenhofer, 2009. "To link or not to link: benefits and disadvantages of linking cap-and-trade systems," Climate Policy, Taylor & Francis Journals, vol. 9(4), pages 358-372, July.
- Burtraw, Dallas & Palmer, Karen & Munnings, Clayton & Weber, Paige & Woerman, Matt, 2013. "Linking by Degrees: Incremental Alignment of Cap-and-Trade Markets," RFF Working Paper Series dp-13-04, Resources for the Future.
- Stefan Bakker & Constanze Haug & Harro Van Asselt & Joyeeta Gupta & Raouf Saïdi, 2011. "The future of the CDM: same same, but differentiated?," Climate Policy, Taylor & Francis Journals, vol. 11(1), pages 752-767, January.
- Pizer, William A. & Yates, Andrew J., 2015.
"Terminating links between emission trading programs,"
Journal of Environmental Economics and Management, Elsevier, vol. 71(C), pages 142-159.
- William A. Pizer & Andrew J. Yates, 2014. "Terminating Links between Emission Trading Programs," NBER Working Papers 20393, National Bureau of Economic Research, Inc.
- Pizer, William A. & Yates, Andrew J., 2014. "Terminating Links between Emission Trading Programs," RFF Working Paper Series dp-14-28, Resources for the Future.
- Wolfgang Sterk & Ralf Schüle, 2009. "Advancing the climate regime through linking domestic emission trading systems?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 14(5), pages 409-431, June.
- Baran Doda & Luca Taschini, 2017.
"Carbon Dating: When Is It Beneficial to Link ETSs?,"
Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(3), pages 701-730.
- Baran Doda & Luca Taschini, 2016. "Carbon dating: When is it beneficial to link ETSs?," GRI Working Papers 208, Grantham Research Institute on Climate Change and the Environment.
- Doda, Baran & Taschini, Luca, 2017. "Carbon dating: when is it beneficial to link ETSs?," LSE Research Online Documents on Economics 68379, London School of Economics and Political Science, LSE Library.
- Matthew Ranson & Robert N. Stavins, 2016.
"Linkage of greenhouse gas emissions trading systems: learning from experience,"
Climate Policy, Taylor & Francis Journals, vol. 16(3), pages 284-300, April.
- Ranson, Matthew & Stavins, Robert N., 2013. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Working Paper Series rwp13-046, Harvard University, John F. Kennedy School of Government.
- Matthew Ranson & Robert Stavins, 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," NBER Working Papers 19824, National Bureau of Economic Research, Inc.
- Ranson, Matthew & Stavins, Robert N., 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Working Paper Series rwp14-012, Harvard University, John F. Kennedy School of Government.
- Ranson, Matthew & Stavins, Robert N., 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Climate Change and Sustainable Development 163616, Fondazione Eni Enrico Mattei (FEEM).
- Matthew Ranson & Robert N. Stavins, 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Working Papers 2014.07, Fondazione Eni Enrico Mattei.
- Helm, Carsten, 2003.
"International emissions trading with endogenous allowance choices,"
Journal of Public Economics, Elsevier, vol. 87(12), pages 2737-2747, December.
- Helm, Carsten, 2003. "International emissions trading with endogenous allowance choices," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 33631, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
- Flachsland, Christian & Marschinski, Robert & Edenhofer, Ottmar, 2009. "Global trading versus linking: Architectures for international emissions trading," Energy Policy, Elsevier, vol. 37(5), pages 1637-1647, May.
- Mendelsohn, Robert, 1986. "Regulating heterogeneous emissions," Journal of Environmental Economics and Management, Elsevier, vol. 13(4), pages 301-312, December.
- Jessica F. Green & Thomas Sterner & Gernot Wagner, 2014. "A balance of bottom-up and top-down in linking climate policies," Nature Climate Change, Nature, vol. 4(12), pages 1064-1067, December.
- Rae Kwon Chung, 2007. "A CER discounting scheme could save climate change regime after 2012," Climate Policy, Taylor & Francis Journals, vol. 7(2), pages 171-176, March.
- Erik Haites, 2009. "Linking emissions trading schemes for international aviation and shipping emissions," Climate Policy, Taylor & Francis Journals, vol. 9(4), pages 415-430, July.
- Lambert Schneider, 2009. "A Clean Development Mechanism with global atmospheric benefits for a post-2012 climate regime," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(2), pages 95-111, May.
- Warnecke, Carsten & Wartmann, Sina & Höhne, Niklas & Blok, Kornelis, 2014. "Beyond pure offsetting: Assessing options to generate Net-Mitigation-Effects in carbon market mechanisms," Energy Policy, Elsevier, vol. 68(C), pages 413-422.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Li, Mengyu & Duan, Maosheng, 2021. "Exploring linkage opportunities for China's emissions trading system under the Paris targets——EU-China and Japan-Korea-China cases," Energy Economics, Elsevier, vol. 102(C).
- Fang, Chenhao & Ma, Tieju, 2020. "Stylized agent-based modeling on linking emission trading systems and its implications for China's practice," Energy Economics, Elsevier, vol. 92(C).
- Wang-Helmreich, Hanna & Kreibich, Nicolas, 2019. "The potential impacts of a domestic offset component in a carbon tax on mitigation of national emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 101(C), pages 453-460.
- Li, Mengyu & Weng, Yuyan & Duan, Maosheng, 2019. "Emissions, energy and economic impacts of linking China’s national ETS with the EU ETS," Applied Energy, Elsevier, vol. 235(C), pages 1235-1244.
- Wang, Xu & Zhu, Lei & Fan, Ying, 2018. "Transaction costs, market structure and efficient coverage of emissions trading scheme: A microlevel study from the pilots in China," Applied Energy, Elsevier, vol. 220(C), pages 657-671.
- M. M. Nizamutdinov & V. V. Oreshnikov, 2018. "Methodical aspects problems of harmonization of interests within the framework of the challenge of the selection of the strategic priorities of regional development," Russian Journal of Industrial Economics, MISIS, vol. 11(2).
- Woerman, Matt, 2023.
"Linking carbon markets with different initial conditions,"
Journal of Environmental Economics and Management, Elsevier, vol. 119(C).
- Woerman, Matthew, 2017. "Linking Carbon Markets with Different Initial Conditions," RFF Working Paper Series 17-16, Resources for the Future.
- Simon Quemin & Christian Perthuis, 2019.
"Transitional Restricted Linkage Between Emissions Trading Schemes,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 1-32, September.
- Simon Quemin & Christian de Perthuis, 2017. "Transitional restricted linkage between Emissions Trading Schemes," Working Papers 1701, Chaire Economie du climat.
- Simon Quemin & Christian de Perthuis, 2017. "Transitional Restricted Linkage between Emissions Trading Schemes," Policy Papers 2017.09, FAERE - French Association of Environmental and Resource Economists.
- Quemin, Simon & de Perthius, Christian, 2018. "Transitional restricted linkage between emissions trading schemes," LSE Research Online Documents on Economics 91522, London School of Economics and Political Science, LSE Library.
- Simon Quemin & Christian de Perthuis, 2017. "Transitional Restricted Linkage between Emissions Trading Schemes," Working Papers 2017.31, FAERE - French Association of Environmental and Resource Economists.
- Stefano F. Verde & Simone Borghesi, 2022. "The International Dimension of the EU Emissions Trading System: Bringing the Pieces Together," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(1), pages 23-46, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Simon Quemin & Christian Perthuis, 2019.
"Transitional Restricted Linkage Between Emissions Trading Schemes,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 1-32, September.
- Simon Quemin & Christian de Perthuis, 2017. "Transitional restricted linkage between Emissions Trading Schemes," Working Papers 1701, Chaire Economie du climat.
- Simon Quemin & Christian de Perthuis, 2017. "Transitional Restricted Linkage between Emissions Trading Schemes," Policy Papers 2017.09, FAERE - French Association of Environmental and Resource Economists.
- Quemin, Simon & de Perthius, Christian, 2018. "Transitional restricted linkage between emissions trading schemes," LSE Research Online Documents on Economics 91522, London School of Economics and Political Science, LSE Library.
- Simon Quemin & Christian de Perthuis, 2017. "Transitional Restricted Linkage between Emissions Trading Schemes," Working Papers 2017.31, FAERE - French Association of Environmental and Resource Economists.
- Baran Doda & Simon Quemin & Luca Taschini, 2017.
"A Theory of Gains from Trade in Multilaterally Linked ETSs,"
Working Papers
1706, Chaire Economie du climat.
- Baran Doda, Simon Quemin, Luca Taschini, 2017. "A theory of gains from trade in multilaterally linked ETSs," GRI Working Papers 275, Grantham Research Institute on Climate Change and the Environment.
- Holtsmark, Katinka & Midttømme, Kristoffer, 2021.
"The dynamics of linking permit markets,"
Journal of Public Economics, Elsevier, vol. 198(C).
- Holtsmark, Katinka & Midttømme, Kristoffer, 2015. "The Dynamics of Linking Permit Markets," Memorandum 02/2015, Oslo University, Department of Economics.
- Katinka Kristine Holtsmark & Kristoffer Midttømme, 2019. "The dynamics of linking permit markets," CESifo Working Paper Series 7548, CESifo.
- Doda, Baran & Quemin, Simon & Taschini, Luca, 2019.
"Linking permit markets multilaterally,"
Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
- Baran Doda & Simon Quemin, 2018. "Linking Permit Markets Multilaterally," Working Papers 1804, Chaire Economie du climat.
- Baran Doda & Simon Quemin & Luca Taschini, 2019. "Linking Permit Markets Multilaterally," Working Papers 2019.17, FAERE - French Association of Environmental and Resource Economists.
- Doda, Baran & Quemin, Simon & Taschini, Luca, 2019. "Linking permit markets multilaterally," LSE Research Online Documents on Economics 101670, London School of Economics and Political Science, LSE Library.
- Bodansky, Daniel M. & Hoedl, Seth A. & Metcalf, Gilbert E. & Stavins, Robert N., "undated".
"Facilitating Linkage of Heterogeneous Regional, National, and Sub-National Climate Policies Through a Future International Agreement,"
Climate Change and Sustainable Development
202114, Fondazione Eni Enrico Mattei (FEEM).
- Daniel M. Bodansky & Seth A. Hoedl & Gilbert E. Metcalf & Robert N. Stavins, 2015. "Facilitating Linkage of Heterogeneous Regional, National, and Sub-National Climate Policies Through a Future International Agreement," Working Papers 2015.26, Fondazione Eni Enrico Mattei.
- Bodansky, Daniel M. & Hoedl, Seth & Metcalf, Gilbert & Stavins, Robert, 2015. "Facilitating Linkage of Heterogeneous Regional, National, and Sub-national Climate Policies through a Future International Agreement," Working Paper Series rwp15-003, Harvard University, John F. Kennedy School of Government.
- Bodansky, Daniel M. & Hoedl, Seth A. & Metcalf, Gilbert E. & Stavins, Robert N., 2014. "Facilitating Linkage of Heterogeneous Regional, National, and Sub-National Climate Policies through a Future International Agreement," Working Paper Series rwp14-056, Harvard University, John F. Kennedy School of Government.
- Mehling, Michael A. & Metcalf, Gilbert E. & Stavins, Robert N., 2017.
"Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement),"
MITP: Mitigation, Innovation and Transformation Pathways
266282, Fondazione Eni Enrico Mattei (FEEM).
- Mehling, Michael A. & Metcalf, Gilbert & Stavins, Robert, 2017. "Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)," RFF Working Paper Series 17-30, Resources for the Future.
- Michael A. Mehling & Gilbert E. Metcalf & Robert N. Stavins, 2017. "Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)," Working Papers 2017.51, Fondazione Eni Enrico Mattei.
- Mehling, Michael A. & Metcalf, Gilbert E. & Stavins, Robert N., 2017. "Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)," Working Paper Series rwp17-042, Harvard University, John F. Kennedy School of Government.
- Baran Doda & Luca Taschini, 2017.
"Carbon Dating: When Is It Beneficial to Link ETSs?,"
Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(3), pages 701-730.
- Baran Doda & Luca Taschini, 2016. "Carbon dating: When is it beneficial to link ETSs?," GRI Working Papers 208, Grantham Research Institute on Climate Change and the Environment.
- Doda, Baran & Taschini, Luca, 2017. "Carbon dating: when is it beneficial to link ETSs?," LSE Research Online Documents on Economics 68379, London School of Economics and Political Science, LSE Library.
- Woerman, Matt, 2023.
"Linking carbon markets with different initial conditions,"
Journal of Environmental Economics and Management, Elsevier, vol. 119(C).
- Woerman, Matthew, 2017. "Linking Carbon Markets with Different Initial Conditions," RFF Working Paper Series 17-16, Resources for the Future.
- Zhongyu Ma & Songfeng Cai & Weifeng Ye & Alun Gu, 2019. "Linking Emissions Trading Schemes: Economic Valuation of a Joint China–Japan–Korea Carbon Market," Sustainability, MDPI, vol. 11(19), pages 1-12, September.
- Katharina Erdmann & Aleksandar Zaklan & Claudia Kemfert, 2019. "Linking Cap-and-Trade Systems and Green Finance," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 88(2), pages 89-100.
- Pizer, William A. & Yates, Andrew J., 2015.
"Terminating links between emission trading programs,"
Journal of Environmental Economics and Management, Elsevier, vol. 71(C), pages 142-159.
- Pizer, William A. & Yates, Andrew J., 2014. "Terminating Links between Emission Trading Programs," RFF Working Paper Series dp-14-28, Resources for the Future.
- William A. Pizer & Andrew J. Yates, 2014. "Terminating Links between Emission Trading Programs," NBER Working Papers 20393, National Bureau of Economic Research, Inc.
- Peter Zaman & Adam Hedley, 2016. "Networked Carbon Markets," World Bank Publications - Reports 26430, The World Bank Group.
- repec:zbw:bofrdp:2017_020 is not listed on IDEAS
- Matthew Ranson & Robert N. Stavins, 2016.
"Linkage of greenhouse gas emissions trading systems: learning from experience,"
Climate Policy, Taylor & Francis Journals, vol. 16(3), pages 284-300, April.
- Ranson, Matthew & Stavins, Robert N., 2013. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Working Paper Series rwp13-046, Harvard University, John F. Kennedy School of Government.
- Matthew Ranson & Robert N. Stavins, 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Working Papers 2014.07, Fondazione Eni Enrico Mattei.
- Ranson, Matthew & Stavins, Robert N., 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Working Paper Series rwp14-012, Harvard University, John F. Kennedy School of Government.
- Ranson, Matthew & Stavins, Robert N., 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," Climate Change and Sustainable Development 163616, Fondazione Eni Enrico Mattei (FEEM).
- Matthew Ranson & Robert Stavins, 2014. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience," NBER Working Papers 19824, National Bureau of Economic Research, Inc.
- Burtraw, Dallas & Palmer, Karen & Munnings, Clayton & Weber, Paige & Woerman, Matt, 2013. "Linking by Degrees: Incremental Alignment of Cap-and-Trade Markets," RFF Working Paper Series dp-13-04, Resources for the Future.
- Arvaniti, Maria & Habla, Wolfgang, 2021.
"The political economy of negotiating international carbon markets,"
Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
- Maria Arvaniti & Wolfgang Habla, 2020. "The Political Economy of Negotiating International Carbon Markets," CER-ETH Economics working paper series 20/335, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Arvaniti, Maria & Habla, Wolfgang, 2020. "The political economy of negotiating international carbon markets," ZEW Discussion Papers 20-020, ZEW - Leibniz Centre for European Economic Research.
- Fabio Antoniou & Panos Hatzipanayotou & Nikos Tsakiris, 2021. "Strategic Export Motives and Linking Emission Markets," CESifo Working Paper Series 8847, CESifo.
- Kamleshan Pillay & Jorge E. Viñuales, 2016. "“Monetary” rules for a linked system of offset credits," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 16(6), pages 933-951, December.
- Sungwan Hong & Seung-Gyu Sim, 2018. "Inelastic Supply of Fossil Energy and Competing Environmental Regulatory Policies," Sustainability, MDPI, vol. 10(2), pages 1-17, January.
- Diniz Oliveira, Thais & Costa Gurgel, Angelo & Tonry, Steve, 2021. "Potential trading partners of a brazilian emissions trading scheme: The effects of linking with a developed region (Europe) and two developing regions (Latin America and China)," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
- Li, Mengyu & Duan, Maosheng, 2021. "Exploring linkage opportunities for China's emissions trading system under the Paris targets——EU-China and Japan-Korea-China cases," Energy Economics, Elsevier, vol. 102(C).
More about this item
Keywords
Emissions trading; Linking; Climate mitigation; Greenhouse gas abatement;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:ieaple:v:17:y:2017:i:6:d:10.1007_s10784-017-9370-0. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.