An Emerging Market for the Environment: A Guide to Emissions Trading

Front Cover
UNEP/Earthprint, 2002 - Emissions trading - 41 pages
Since its inclusion in the Kyoto Protocol, the prospect of an international emissions trading system has attracted wide interest among policy makers, industrialists and others. However, little basic information has been made available on the subject of emissions trading in general. The Guide adopts a step-by-step approach to emissions trading, dividing the information into the following three parts: Part I provides a simple theoretical model of an emissions trading system, used as a basis for understanding the real world design explained in the following parts. Part II covers the various types of emissions trading system designs, with an emphasis on the ways in which they achieve their environmental aims. Part III presents examples of existing systems, gives some comments on their performance to date, and considers what future systems might be like.

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