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Practical implementation of the proposed networked market

In: Effective Global Carbon Markets

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Abstract

This chapter sets out the elements of the model proposed in practical detail, explaining how it is envisaged the market would operate in practice. It covers infrastructure of the market; rules for the operation of the distributed ledger; operational mechanisms that will be required, being a mechanism for valuing differences in mitigation value of units from participating jurisdictions and a mechanism to effect transactions; the transactional rules that form part of the regulatory framework; and the participants, on a jurisdictional, cross-jurisdictional and supra-jurisdictional basis.

Suggested Citation

  • ., 2020. "Practical implementation of the proposed networked market," Chapters, in: Effective Global Carbon Markets, chapter 7, pages 136-157, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19894_7
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    1. Mikko Koho & Toby Burrows & Eero Hyvönen & Esko Ikkala & Kevin Page & Lynn Ransom & Jouni Tuominen & Doug Emery & Mitch Fraas & Benjamin Heller & David Lewis & Andrew Morrison & Guillaume Porte & Emma, 2022. "Harmonizing and publishing heterogeneous premodern manuscript metadata as Linked Open Data," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 73(2), pages 240-257, February.

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