268 research outputs found
The European Carbon Market in Action: Lessons from the First Trading Period Interim Report
Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/).The European Union Emissions Trading Scheme (EU ETS) is the largest greenhouse gas market ever established. The European Union is leading the world's first effort to mobilize market forces to tackle climate change. A precise analysis of the EU ETS's performance is essential to its success, as well as to that of future trading programs. The research program "The European Carbon Market in Action: Lessons from the First Trading Period," aims to provide such an analysis. It was launched at the end of 2006 by an international team led by Frank Convery, Christian De Perthuis and Denny Ellerman. This interim report presents the researchers' findings to date. It was prepared after the research program's second workshop, held in Washington DC in January 2008. The first workshop was held in Paris in April 2007. Two additional workshops will be held in Prague in June 2008 and in Paris in September 2008. The researchers' complete analysis will be published at the beginning of 2009.The research program âThe European Carbon Market in Action: Lessons from the First Trading Periodâ has been made possible thanks to the support of: Doris Duke Charitable Foundation, BlueNext, EDF, Euronext, Orbeo, Suez, Total, Veolia
Carbon market and climate negotiations.
In the wake of the Copenhagen Conference and the outstanding issue of shaping climate change mitigation for the period beyond that covered by the Kyoto protocol, this paper puts into context the various economic instruments available fot tackling climate change, and highlights the emergence, as a result of the framework of instruments provided by the Kyoto protocol, of carbon markets, (...)Economic instruments; Climate change; CO2; Carbon markets; Post-Kyoto;
Darning Markâs Jumper: Wearing Love and Sorrow
Some garments demand a narrative of their own. Such was the case with a jumper that I darned for my partner in the winter of 2010. The jumper was old and moth-eaten; Mark was gravely ill with only a few months left to live. In the process of darning, each stitch was an act of love, each passage of the needle restoring something that had been eaten away.This article explores the multiple levels of meaning that run through the narrative I have woven around darning Markâs jumper â an irreplaceable garment â at once priceless but worthless, worn but unwearable, empty yet embodied. It explores the concept of the fetish and draws on Igor Kopytoffâs analysis of our relationship to commodities and things in the modern, capitalist economy, where discarding and replacing old clothes with new is the default option. The theoretical heart of this paper, however, lies with Elizabeth Wilsonâs writings on the âquasi-magical properties and meaningsâ of a garment and with the work of Peter Stallybrass, who has written brilliantly on how in moments of crisis, in the ruptures of our lives, in mourning, it is to these irrational attachments that we turn.
Designing climate change adaptation policies : an economic framework
Adaptation has long been neglected in the debate and policies surrounding climate change. However, increasing awareness of climate change has led many stakeholders to look for the best way to limit its consequences and has resulted in a large number of initiatives related to adaptation, particularly at the local level. This report proposes a general economic framework to help stakeholders in the public sector to develop effective adaptation strategies. To do so, it lays out the general issues involved in adaptation, including the role of uncertainty and inertia, and the need to consider structural changes in addition to marginal adjustments. Then, it identifies the reasons for legitimate public action in terms of adaptation, and four main domains of action: the production and dissemination of information on climate change and its impacts; the adaptation of standards, regulations and fiscal policies; the required changes in institutions; and direct adaptation actions of governments and local communities in terms of public infrastructure, public buildings and ecosystems. Finally, the report suggests a method to build public adaptation plans and to assess the desirability of possible policies.Climate Change Economics,Wetlands,Climate Change Mitigation and Green House Gases,Adaptation to Climate Change,Science of Climate Change
Darning Markâs jumper : wearing love and sorrow
Some garments demand a narrative of their own. Such was the case with a jumper that I darned for my partner in the winter of 2010. The jumper was old and moth-eaten; Mark was gravely ill with only a few months left to live. In the process of darning, each stitch was an act of love, each passage of the needle restoring something that had been eaten away. This article explores the multiple levels of meaning that run through the narrative I have woven around darning Markâs jumper â an irreplaceable garment â at once priceless but worthless, worn but unwearable, empty yet embodied. It explores the concept of the fetish and draws on Igor Kopytoffâs analysis of our relationship to commodities and things in the modern, capitalist economy, where discarding and replacing old clothes with new is the default option. The theoretical heart of this paper, however, lies with Elizabeth Wilsonâs writings on the âquasi-magical properties and meaningsâ of a garment and with the work of Peter Stallybrass, who has written brilliantly on how in moments of crisis, in the ruptures of our lives, in mourning, it is to these irrational attachments that we turn
Quel avenir pour la taxe carbone en France ? les choix Ă©conomiques aprĂšs la censure du Conseil Constitutionnel.
Lâarticulation entre une taxe carbone nationale et le systĂšme europĂ©en dâĂ©change de quotas pose de fait une double difficultĂ© : il faut faire coexister un mĂ©canisme de tarification du carbone par le marchĂ© avec un mĂ©canisme de tarification par lâimpĂŽt ; il faut simultanĂ©ment faire converger des rĂšgles europĂ©ennes rĂ©gissant le marchĂ© avec des rĂšgles nationales. Pour y parvenir, il est utile de rappeler comment fonctionnent les mĂ©canismes existants et les choix retenus par les pays ayant rĂ©ussi Ă faire coexister une axe nationale avec le systĂšme europĂ©en des quotas de CO2. Câest ce que fait cet article avant dâexaminer les diffĂ©rentes pistes permettant de sortir de la situation actuelle.Politique fiscale; Taxe sur le dioxyde de carbone; Permis de pollution nĂ©gociables;
Pourquoi lâeurope a besoin dâune banque centrale du carbone ?.
Dans cette contribution, nous examinons les voies dâun renforcement de la rĂ©gulation du marchĂ© europĂ©en du carbone, outil central retenu par lâUnion europĂ©enne pour atteindre ses objectifs climatiques et Ă ce jour premier systĂšme dâĂ©change de permis au monde. Un tel renforcement implique une harmonisation et une centralisation plus poussĂ©es des fonctions classiques de surveillance dâun marchĂ© (sĂ©curitĂ© des infrastructures, transparence de lâinformation, traque des positions dominantes, âŠ), difficiles Ă mettre en Ćuvre dans le contexte institutionnel europĂ©en. Mais pour envoyer un signal permettant dâorienter lâĂ©conomie sur la cible dâune rĂ©duction par cinq des Ă©missions europĂ©ennes Ă lâhorizon 2050, il faudrait aller plus loin : crĂ©er un organisme indĂ©pendant sur le modĂšle dâune banque centrale avec une capacitĂ© dâintervention et une crĂ©dibilitĂ© suffisantes pour modifier les anticipations des industriels afin quâils rĂ©alisent aujourdâhui les investissements nĂ©cessaires pour mettre lâĂ©conomie europĂ©enne sur la voie de la dĂ©carbonation.MarchĂ©s du carbone; Union europĂ©enne; banque centrale du carbone;
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