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Carbon emission trading

Index Carbon emission trading

Carbon emissions trading is a form of emissions trading that specifically targets carbon dioxide (calculated in tonnes of carbon dioxide equivalent or tCO2e) and it currently constitutes the bulk of emissions trading. [1]

70 relations: Aggregate data, Assigned amount units, Bargaining power, BP, British Airways, Broker, California, Cap and Share, Carbon dioxide, Carbon dioxide equivalent, Carbon offset, Carbon project, Carbon tax, Carbon Trade Watch, Centre for Tax Policy and Administration, Certified Emission Reduction, Chicago Climate Exchange, City of London, Clean Development Mechanism, Climate change, Climate change mitigation, Colonialism, Dag Hammarskjöld Foundation, Derivative (finance), Distortion (economics), Economy, Ecosystem, Emission Reduction Unit, Emissions trading, Equity (economics), European Union Emission Trading Scheme, Externality, FERN, Financial market, Financial Times, Ford Motor Company, Fred Krupp, G8 Climate Change Roundtable, Greenhouse gas, Insider trading, Joint Implementation, Kyoto Protocol, Land use, land-use change, and forestry, Low-carbon power, Margin (economics), Market (economics), Money laundering, Multinational corporation, New South Wales Greenhouse Gas Abatement Scheme, Nonmarket forces, ..., OECD, Personal carbon trading, Perverse incentive, Property rights (economics), Removal Units, Risk management, Ross Garnaut, Sandbag (non-profit organisation), Social cost, Speculation, Strategy+Business, Sustainable development, The Corner House (organisation), The Problem of Social Cost, Tourism, Toyota, Unilever, Value judgment, Welfare economics, World Economic Forum. Expand index (20 more) »

Aggregate data

In statistics, aggregate data are data combined from several measurements.

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Assigned amount units

An Assigned Amount Unit (AAU) is a tradable 'Kyoto unit' or 'carbon credit' representing an allowance to emit greenhouse gases comprising one metric tonne of carbon dioxide equivalents calculated using their Global Warming Potential.

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Bargaining power

Bargaining power is the relative ability of parties in a situation to exert influence over each other.

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BP

BP plc (stylised as bp), formerly British Petroleum, is a British multinational oil and gas company headquartered in London, England.

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British Airways

British Airways (BA) is the flag carrier and the largest airline in the United Kingdom based on fleet size, or the second largest, behind easyJet, when measured by passengers carried.

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Broker

A broker is an individual person who arranges transactions between a buyer and a seller for a commission when the deal is executed.

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California

California is a state in the Pacific Region of the United States.

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Cap and Share

Cap and Share was originally developed by Feasta (the Foundation for the Economics of Sustainability) and is a regulatory and economic framework for controlling the use of fossil fuels in relation to climate stabilisation.

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Carbon dioxide

Carbon dioxide (chemical formula) is a colorless gas with a density about 60% higher than that of dry air.

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Carbon dioxide equivalent

Carbon dioxide equivalent (CDE) and equivalent carbon dioxide (e and eq) are two related but distinct measures for describing how much global warming a given type and amount of greenhouse gas may cause, using the functionally equivalent amount or concentration of carbon dioxide as the reference.

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Carbon offset

A carbon offset is a reduction in emissions of carbon dioxide or greenhouse gases made in order to compensate for or to offset an emission made elsewhere.

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Carbon project

A carbon project refers to a business initiative that receives funding because of the cut the emission of greenhouse gases (GHGs) will result.

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Carbon tax

A carbon tax is a tax levied on the carbon content of fuels.

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Carbon Trade Watch

Carbon Trade Watch is an independent research collective working on climate change and climate policy from a justice-based perspective.

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Centre for Tax Policy and Administration

The Centre for Tax Policy and Administration is part of the Secretariat of the Organisation for Economic Co-operation and Development.

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Certified Emission Reduction

Certified Emission Reductions (CERs) are a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated Operational Entity) under the rules of the Kyoto Protocol.

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Chicago Climate Exchange

The Chicago Climate Exchange (CCX) was North America’s only voluntary, legally binding greenhouse gas (GHG) reduction and trading system for emission sources and offset projects in North America and Brazil.

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City of London

The City of London is a city and county that contains the historic centre and the primary central business district (CBD) of London.

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Clean Development Mechanism

The Clean Development Mechanism (CDM) is one of the Flexible Mechanisms defined in the Kyoto Protocol (IPCC, 2007) that provides for emissions reduction projects which generate Certified Emission Reduction units (CERs) which may be traded in emissions trading schemes.

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Climate change

Climate change is a change in the statistical distribution of weather patterns when that change lasts for an extended period of time (i.e., decades to millions of years).

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Climate change mitigation

Climate change mitigation consists of actions to limit the magnitude or rate of long-term climate change.

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Colonialism

Colonialism is the policy of a polity seeking to extend or retain its authority over other people or territories, generally with the aim of developing or exploiting them to the benefit of the colonizing country and of helping the colonies modernize in terms defined by the colonizers, especially in economics, religion and health.

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Dag Hammarskjöld Foundation

The Dag Hammarskjöld Foundation was created in 1962 as Sweden’s national memorial to Dag Hammarskjöld, Secretary General of the United Nations from 1953 until his death in a plane crash on a mission to the Congo.

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Derivative (finance)

In finance, a derivative is a contract that derives its value from the performance of an underlying entity.

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Distortion (economics)

A distortion is "any departure from the ideal of perfect competition that therefore interferes with economic agents maximizing social welfare when they maximize their own".

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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Ecosystem

An ecosystem is a community made up of living organisms and nonliving components such as air, water, and mineral soil.

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Emission Reduction Unit

The emission reduction unit (ERU) is an emissions unit issued under a Joint Implementation project in terms of the Kyoto Protocol.

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Emissions trading

Emissions trading, or cap and trade, is a government, market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.

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Equity (economics)

Equity or economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.

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European Union Emission Trading Scheme

The European Union Emissions Trading System (EU ETS), also known as the European Union Emissions Trading Scheme, was the first large greenhouse gas emissions trading scheme in the world, and remains the biggest.

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Externality

In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit.

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FERN

Fern (also Stichting Fern) is a Dutch foundation created in 1995.

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Financial market

A financial market is a market in which people trade financial securities and derivatives such as futures and options at low transaction costs.

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Financial Times

The Financial Times (FT) is a Japanese-owned (since 2015), English-language international daily newspaper headquartered in London, with a special emphasis on business and economic news.

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Ford Motor Company

Ford Motor Company (commonly referred to simply as "Ford") is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit.

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Fred Krupp

Fred Krupp is the president of Environmental Defense Fund, a United States-based nonprofit environmental advocacy group.

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G8 Climate Change Roundtable

The G8 Climate Change Roundtable was formed in January 2005 at the World Economic Forum in Davos, Switzerland.

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Greenhouse gas

A greenhouse gas is a gas in an atmosphere that absorbs and emits radiant energy within the thermal infrared range.

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Insider trading

Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) by individuals with access to nonpublic information about the company.

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Joint Implementation

Joint implementation (JI) is one of three flexibility mechanisms set out in the Kyoto Protocol to help countries with binding greenhouse gas emissions targets (the Annex I countries) meet their obligations.

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Kyoto Protocol

The Kyoto Protocol is an international treaty which extends the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that (part one) global warming is occurring and (part two) it is extremely likely that human-made CO2 emissions have predominantly caused it.

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Land use, land-use change, and forestry

Land use, land-use change, and forestry (LULUCF) is defined by the United Nations Climate Change Secretariat as a "greenhouse gas inventory sector that covers emissions and removals of greenhouse gases resulting from direct human-induced land use such as settlements and commercial uses, land-use change, and forestry activities." LULUCF has impacts on the global carbon cycle and as such, these activities can add or remove carbon dioxide (or, more generally, carbon) from the atmosphere, influencing climate.

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Low-carbon power

Low-carbon power comes from processes or technologies that produce power with substantially lower amounts of carbon dioxide emissions than is emitted from conventional fossil fuel power generation.

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Margin (economics)

In economics, a margin is a set of constraints conceptualised as a border.

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Market (economics)

A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange.

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Money laundering

Money laundering is the act of concealing the transformation of profits from illegal activities and corruption into ostensibly "legitimate" assets.

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Multinational corporation

A multinational corporation (MNC) or worldwide enterprise is a corporate organization that owns or controls production of goods or services in at least one country other than its home country.

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New South Wales Greenhouse Gas Abatement Scheme

The New South Wales Greenhouse Gas Abatement Scheme (also known as GGAS) was a mandatory greenhouse gas emissions trading scheme that aimed to lower greenhouse gas emissions in New South Wales, Australia, to 7.27 tonnes of carbon dioxide per capita by the year 2007, which commenced on 1 January 2003.

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Nonmarket forces

In economics, nonmarket forces are those acting on economic factors from outside the market system.

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OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.

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Personal carbon trading

Carbon rationing, as a means of reducing CO2 emissions to contain climate change, could take any of several forms.

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Perverse incentive

A perverse incentive is an incentive that has an unintended and undesirable result which is contrary to the interests of the incentive makers.

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Property rights (economics)

Property rights are theoretical socially-enforced constructs in economics for determining how a resource or economic good is used and owned.

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Removal Units

A Removal Unit (RMU) is a tradable carbon credit or 'Kyoto unit' representing an allowance to emit one metric tonne of greenhouse gases absorbed by a removal or Carbon sink activity in an Annex I country.

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Risk management

Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinator and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.

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Ross Garnaut

Ross Gregory Garnaut (born 28 July 1946, Perth, Western Australia) is a distinguished professor of economics at the Australian National University and both a vice-chancellor's fellow and professorial fellow of economics at The University of Melbourne.

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Sandbag (non-profit organisation)

Sandbag or Sandbag Climate Campaign is a Community Interest Company, campaigning for changes to European climate change policy, especially emissions trading.

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Social cost

Social cost in economics is the sum of the private costs resulting from a transaction and the costs imposed on the consumers as a consequence of being exposed to the md's transaction for which they are not compensated or charged.

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Speculation

Speculation is the purchase of an asset (a commodity, goods, or real estate) with the hope that it will become more valuable at a future date.

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Strategy+Business

The publication strategy+business is a business magazine focusing on management issues and corporate strategy.

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Sustainable development

Sustainable development is the organizing principle for meeting human development goals while at the same time sustaining the ability of natural systems to provide the natural resources and ecosystem services upon which the economy and society depend.

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The Corner House (organisation)

The Corner House is a not for profit company limited by guarantee founded in 1997 in the United Kingdom.

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The Problem of Social Cost

"The Problem of Social Cost" (1960) by Ronald Coase, then a faculty member at the University of Virginia, is an article dealing with the economic problem of externalities.

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Tourism

Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours.

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Toyota

, usually shortened to Toyota, is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan.

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Unilever

Unilever () is a British-Dutch transnational consumer goods company co-headquartered in London, United Kingdom and Rotterdam, Netherlands.

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Value judgment

A value judgment (or value judgement) is a judgment of the rightness or wrongness of something or someone, or of the usefulness of something or someone, based on a comparison or other relativity.

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Welfare economics

Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level.

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World Economic Forum

The World Economic Forum (WEF) is a Swiss nonprofit foundation, based in Cologny, Geneva, Switzerland.

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Redirects here:

Carbon emissions trading, Carbon market, Carbon trading, Emissions Trading Permit.

References

[1] https://en.wikipedia.org/wiki/Carbon_emission_trading

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