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Linking emissions trading schemes for international aviation and shipping emissions

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  • ERIK HAITES

Abstract

International aviation and shipping emissions are large and growing rapidly. They may be regulated by domestic emissions trading schemes or by trading schemes established by the relevant international organizations. Under a domestic trading scheme, the international aviation/shipping sector would be linked to the other sectors covered by the scheme. If separate trading schemes are established for international aviation and/or shipping emissions, the administrator of each scheme could establish a unilateral or bilateral link with another scheme. The best candidate for a unilateral link would be the Clean Development Mechanism (CDM). A bilateral link would be much more difficult to implement because the schemes must be 'compatible' and an international treaty would probably be needed for legal and political reasons. The best candidates for a bilateral link would be the domestic emissions trading schemes in the EU and the USA. If international aviation and shipping are net buyers of allowances as expected, a unilateral link may be sufficient.

Suggested Citation

  • 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.
    • Handle: RePEc:taf:tcpoxx:v:9:y:2009:i:4:p:415-430
    DOI: 10.3763/cpol.2009.0620
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    Cited by:

    1. Wang, Kun & Fu, Xiaowen & Luo, Meifeng, 2015. "Modeling the impacts of alternative emission trading schemes on international shipping," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 35-49.
    2. Miola, A. & Marra, M. & Ciuffo, B., 2011. "Designing a climate change policy for the international maritime transport sector: Market-based measures and technological options for global and regional policy actions," Energy Policy, Elsevier, vol. 39(9), pages 5490-5498, September.
    3. Xing, Hui & Spence, Stephen & Chen, Hua, 2020. "A comprehensive review on countermeasures for CO2 emissions from ships," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
    4. Erik Haites, 2016. "Experience with linking greenhouse gas emissions trading systems," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 5(3), pages 246-260, May.
    5. 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.
    6. Lee, Tsung-Chen & Chang, Young-Tae & Lee, Paul T.W., 2013. "Economy-wide impact analysis of a carbon tax on international container shipping," Transportation Research Part A: Policy and Practice, Elsevier, vol. 58(C), pages 87-102.
    7. Lambert Schneider & Michael Lazarus & Carrie Lee & Harro van Asselt, 2017. "Restricted linking of emissions trading systems: options, benefits, and challenges," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(6), pages 883-898, December.
    8. Yip, Tsz Leung & Wong, Mei Chi, 2015. "The Nicaragua Canal: scenarios of its future roles," Journal of Transport Geography, Elsevier, vol. 43(C), pages 1-13.

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