Carbon Markets: An International Business Guide

Front Cover
Winner of the Choice Outstanding Academic Titles of 2010 award.This book is a comprehensive and accessible guide to understanding the opportunities offered by regulated and voluntary carbon markets for tackling climate change. Coverage includes: - An overview of the problem of climate change, with a concise review of the most recent scientific evidence in different fields- A highly accessible introduction to the economic theory and different constitutive elements of a carbon allowances market- Explanation of the Kyoto Protocol and its flexibility mechanisms- Explanation of how the EU Emissions Trading Scheme works in practice- Ongoing developments in regulated carbon markets in the US- Up-to-the-minute coverage of regulated carbon markets in Australia- Developments in New Zealand and Japan- Carbon offsetting and voluntary carbon markets.Combining theoretical aspects with practical applications, this book is for business leaders, financiers, carbon traders, lawyers, bankers, researchers, policy makers and anyone interested in market mechanisms to mitigate climate change.The carbon emissions resulting from the production of this book have been calculated, reduced and offset to render the book ?carbon neutral?.Published with CO2 Neutra
 

Contents

Chapter 1 Climate Change
1
A NewTool for Environmental Management
20
Chapter 3 The Kyoto Protocol
60
Chapter 4 The EU Emissions Trading Scheme
107
Chapter 5 US Carbon Markets
153
Chapter 6 Emissions Trading in Australia
198
Chapter 7 Other Emerging Mandatory Schemes
244
Chapter 8 Voluntary Offsetting Market
274
Carbon Markets in the Age of Uncertainty
288
Index
295
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