WorldWideScience

Sample records for emissions trading final

  1. Evaluation of Emissions Trading. Final Report; Evaluatie Emissiehandel. Eindrapportage

    Energy Technology Data Exchange (ETDEWEB)

    Swinkels, V. (and others)

    2007-08-15

    Evaluation of emission trading with recommendations for improving and simplifying the trading system. The research limits itself to the aspects that can be adjusted by the Dutch government or improvements that can be influenced in the European Union. [mk]. [Dutch] Evaluatie van de emissiehandel met aanbevelingen om het handelssysteem te verbeteren en te vereenvoudigen. Het onderzoek beperkt zich tot hetgeen de Nederlandse overheid aan het systeem kan aanpassen of verbeteringen die het in de Europese Unie kan beinvloeden.

  2. Emissions Trading

    NARCIS (Netherlands)

    Woerdman, Edwin; Backhaus, Juergen

    2014-01-01

    Emissions trading is a market-based instrument to achieve environmental targets in a cost-effective way by allowing legal entities to buy and sell emission rights. The current international dissemination and intended linking of emissions trading schemes underlines the growing relevance of this

  3. Transportation and Greenhouse Gas Emissions Trading. Final Technical Report

    Energy Technology Data Exchange (ETDEWEB)

    Steve Winkelman; Tim Hargrave; Christine Vanderlan

    1999-10-01

    The authors conclude in this report that an upstream system would ensure complete regulatory coverage of transportation sector emissions in an efficient and feasible manner, and as such represents a key component of a national least-cost GHG emissions abatement strategy. The broad coverage provided by an upstream system recommends this approach over vehicle-maker based approaches, which would not cover emissions from heavy-duty vehicles and the aviation, marine and off-road sub-sectors. The on-road fleet approach unfairly and inefficiently burdens vehicle manufacturers with responsibility for emissions that they cannot control. A new vehicles approach would exclude emissions from vehicles on the road prior to program inception. The hybrid approach faces significant technical and political complications, and it is not clear that the approach would actually change behavior among vehicle makers and users, which is its main purpose. They also note that a trading system would fail to encourage many land use and infrastructure measures that affect VMT growth and GHG emissions. They recommend that this market failure be addressed by complementing the trading system with a program specifically targeting land use- and infrastructure-related activities. A key issue that must be addressed in designing a national GHG control strategy is whether or not it is necessary to guarantee GHG reductions from the transport sector. Neither an upstream system nor a downstream approach would do so, since both would direct capital to the least-cost abatement opportunities wherever they were found. They review two reasons why it may be desirable to force transportation sector reductions: first, that the long-term response to climate change will require reductions in all sectors; and second, the many ancillary benefits associated with transportation-related, and especially VMT-related, emissions reduction activities. If policy makers find it desirable to establish transportation

  4. International emissions trading

    DEFF Research Database (Denmark)

    Boom, Jan Tjeerd

    This thesis discusses the design and political acceptability of international emissions trading. It is shown that there are several designs options for emissions trading at the national level that have a different impact on output and thereby related factors such as employment and consumer prices....... The differences in impact of the design make that governments may prefer different designs of emissions trading in different situations. The thesis furthermore establishes that international emissions trading may lead to higher overall emissions, which may make it a less attractive instrument....

  5. What Is Emissions Trading?

    Science.gov (United States)

    Learn the basics about how emissions trading uses a market-based policy tool used to control large amounts of pollution emissions from a group of sources in order to protect human health and the environment.

  6. Emissions trading: principles and practice

    National Research Council Canada - National Science Library

    Tietenberg, Thomas H

    2006-01-01

    ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 The Evolution of Emissions Trading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 The Evolution of Design Features...

  7. Emissions trading under market imperfections

    Energy Technology Data Exchange (ETDEWEB)

    Lappi, P.

    2013-08-15

    In this thesis we consider emissions trading under various market imperfections such as uncertainty over permit price, imperfect competition and noncompliance. First, we study the effects of uncertain permit price on the firms choice of emission intensive and clean inputs in an multi-input production process. We also assess the risk aversion factors of some Finnish heat and power producers. Second, we study imperfect competition in output and permit markets with a two-stage model, where output decision is made before permit trades. The emphasis is on the strategic interaction between firms and on the efficiency increasing regulation. Third, we turn back to uncertainty and analyse the welfare difference between emissions trading and emission tax, when some of the firms may be noncompliant. The main finding is that welfare is greater with emission tax than with emissions trading, when at least one firm is noncompliant. Finally, we extend some existing models of permit banking and borrowing to encompass also noncompliant behavior of firms. Here, we analyse the incentives of compliant firms to become noncompliant at some point in time and also the time paths of the choice variables. (orig.)

  8. Five essays on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd

    2005-03-01

    The thesis discusses energy, environmental and economic aspects of polluting emissions with emphasis on greenhouse gas trade and political measures. 5 papers are included with titles: 1) Carbon trading across sources and periods constrained by the Marrakesh Accords which examines examine the potential effects on permit prices and abatement costs of four compliance rules governing emissions trade across sources and periods in the Kyoto Protocol: The banking rule that allows excess permits to be used later; the restoration rate rule that penalizes borrowing; the commitment period reserve rule that limits sales; and finally, the suspension rule that restricts borrowing and sales. Our framework is a two-period model where parties may be out of compliance in the Kyoto period, but are assumed to comply at a later time. Under varying assumptions about market power and US participation, we find that the rules may have pronounced effects on individual costs, but overall efficiency is not severely affected. 2) Affine price expectations and equilibrium in strategic markets which considers equilibrium in imperfect markets, featuring agents who exchange property rights. Important cases include trade in emission permits of greenhouse gases, or exchange of catch quotas of fish. Some players act strategically while others are price-takers. The ''demand curve'' is endogenous, and it affects all parties. The resulting, reduced objectives need not be concave. Therefore, existence of equilibrium is a delicate matter. To simplify things, and to ensure availability of ''equilibria up to first order'', we presume that all strategic agents form affine price expectations. 3) Greenhouse gases, quota exchange and oligopolistic competition that discusses the problem how quotas can be shared in the ''emissions market'' and how can the agents reach as overall equilibrium in the product market. 4) Strategic markets in property rights

  9. Price floors for emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Wood, Peter John, E-mail: Peter.J.Wood@anu.edu.a [Resource Management in Asia Pacific Program, Crawford School of Economics and Government, Australian National University, Canberra ACT 0200 (Australia); Jotzo, Frank, E-mail: frank.jotzo@anu.edu.a [Resource Management in Asia Pacific Program, Crawford School of Economics and Government, Australian National University, Canberra ACT 0200 (Australia)

    2011-03-15

    Price floors in greenhouse gas emissions trading schemes can guarantee minimum abatement efforts if prices are lower than expected, and they can help manage cost uncertainty, possibly as complements to price ceilings. Provisions for price floors are found in several recent legislative proposals for emissions trading. Implementation however has potential pitfalls. Possible mechanisms are government commitments to buy back permits, a reserve price at auction, or an extra fee or tax on acquittal of emissions permits. Our analysis of these alternatives shows that the fee approach has budgetary advantages and is more compatible with international permit trading than the alternatives. It can also be used to implement more general hybrid approaches to emissions pricing. - Research highlights: {yields} Price floors for emissions trading schemes guarantee a minimum carbon price. {yields} Price floors mean that emissions can be less than specified by the ETS cap. {yields} We examine how price floors can relate to different policy objectives. {yields} We compare different mechanisms for implementing a price floor. {yields} We find that a mechanism where there is an extra tax or fee has advantages.

  10. Emissions Trading: Trends and Prospects

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    This paper provides the latest developments of announced, proposed and existing greenhouse gas emissions trading schemes (ETS) around the world since 2006. It also examines different potential design options for ETS (e.g. coverage, allocation mode, provision for offsets), and how these options are treated in the existing, announced or proposed schemes.

  11. Act locally, trade globally. Emissions trading for climate policy

    Energy Technology Data Exchange (ETDEWEB)

    none

    2005-07-01

    Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Emissions trading has become the instrument of choice to help manage the cost of this transition, whether used at international or at domestic level. Act Locally, Trade Globally, offers an overview of existing trading systems, their mechanisms, and looks into the future of the instrument for limiting greenhouse gas emissions. Are current markets likely to be as efficient as the theory predicts? What is, if any, the role of governments in these markets? Can domestic emissions trading systems be broadened to activities other than large stationary energy uses? Can international emissions trading accommodate potentially diverse types of emissions targets and widely different energy realities across countries? Are there hurdles to linking emissions trading systems based on various design features? Can emissions trading carry the entire burden of climate policy, or will other policy instruments remain necessary? In answering these questions, Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the energy sector.

  12. Emission Trading under the Kyoto Protocol

    Energy Technology Data Exchange (ETDEWEB)

    Holtsmark, Bjart; Hagem, Cathrine

    1998-12-01

    This report discusses the potential gains from emission trading and raises some crucial questions. It shows that the total costs of the Kyoto Protocol could be reduced by about 95% through emission trading. Emission trading is an option also in the domestic arenas. The governments of the Annex B countries may allocate emission quotas to local enterprises as emission permits. Thus new markets for greenhouse gas emission quotas may emerge, domestically and internationally. It is emphasized that emission trading at the national and international levels must be discussed separately. The Nordic governments, for example, will find several good reasons for supporting emission trading at the international level if not necessarily domestically. The Nordic countries have already implemented domestic taxes on CO{sub 2} emissions and this tax policy could be sustained while these governments support and take part in emission trading at the international level.The report also considers a possible side effect of emission trading: free emission trading among Annex B countries could reduce the total abatement compared to a non-tradable policy as a consequence of the fact that some of the countries that are in transition to a market economy may be given emission limitations above their business-as-usual emissions. 40 refs., 7 figs., 4 tabs.

  13. Competitiveness and linking of emission trading systems

    Energy Technology Data Exchange (ETDEWEB)

    Hausotter, Tobias; Steuwer, Sibyl; Taenzler, Dennis [adelphi, Berlin (Germany)

    2011-01-15

    The establishment of emission trading systems raises concerns among industries regarding international competitive disadvantages for the industries under an emissions cap. This study aims to assess competitiveness exposure of industrial sectors and presents policy measures to address these concerns. Moreover, the study provides a comparison of different existing approaches to competitiveness concerns proposed by regional emission trading systems. (orig.)

  14. Review Existing and Proposed Emissions Trading Systems

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This paper reviews key design features of mandatory emissions trading systems that had been established or were under consideration in 2010, with a particular focus on implications for the energy sector. Putting a price on greenhouse gas emissions is a cornerstone policy in climate change mitigation. To this end, many countries have implemented or are developing domestic emissions trading systems.

  15. Linking GHG Emission Trading Systems and Markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-01

    Several different types of links are possible between different GHG-mitigation systems. These include: Linking two or more emission trading schemes so that emissions trading can occur both within and between different schemes ('direct links'); and Linking emission trading systems to registries/mechanisms and systems that generate offsets from project based mechanisms or from direct purchases/transfers of AAUs ('indirect links').

  16. International Emissions Trading : Design and Political Acceptability

    NARCIS (Netherlands)

    Boom, Jan Tjeerd

    2006-01-01

    This thesis discusses the design and political acceptability of international emissions trading. It is shown that there are several designs options for emissions trading at the national level that have a different impact on output and thereby related factors such as employment and consumer prices.

  17. 40 CFR 1042.720 - Trading emission credits.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 32 2010-07-01 2010-07-01 false Trading emission credits. 1042.720..., Banking, and Trading for Certification § 1042.720 Trading emission credits. (a) Trading is the exchange of... further trading transactions. (b) You may trade actual emission credits as described in this subpart. You...

  18. Why quota trade should be restricted: The arguments behind the EU position on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Westskog, Hege

    2001-07-01

    In this paper I try to clarify the background and arguments behind the EU position on emissions trading in negotiating the Kyoto Protocol and their suggestions of how the supplementarity cap in the Kyoto agreement can be operationalized. I discuss economic arguments for restricting quota trade with a focus on the market power issue, transaction costs, and ancillary benefits of reducing emissions of climate gases. I also address the problem of hot air as an important argument to restrict quota trade, and arguments for restrictions connected to technological innovation. Finally, I look into the ethical considerations of restrictions. (author)

  19. Cosmopolitanism, climate change, and greenhouse emissions trading

    OpenAIRE

    Page, Edward

    2011-01-01

    This article examines the question of whether international markets in allowances conferring the right to emit greenhouse gases are consistent with a cosmopolitan approach to global and intergenerational justice. After placing emissions trading within the context of both climate change policy and cosmopolitan political theory, three normative objections are examined to the use of emissions trading to mitigate the threat of dangerous climate change. Each objection arises from a different appli...

  20. Greenhouse Gases Emissions Reduction and WTO Trade Rules

    Directory of Open Access Journals (Sweden)

    Younghwan Kim

    2009-06-01

    Full Text Available Greenhouse gases (GHGs cannot be contained within nations' border and climate change is certainly a global issue that requires global actions. Therefore, when a country considers domestic measures to reduce GHGs emissions, their impacts beyond the nation's border should be examined carefully. Possible effects through international trade are particularly important in the globalized world with growing trade and expanding capital movements. After reviewing the current status of multilateral environment agreements (MEAs, how they are related to WTO trade rules, legal questions and dispute cases that are possibly related to GHGs emissions reductioGreenhouse gases (GHGs cannot be contained within nations' border and climate change is certainly a global issue that requires global actions. Therefore, when a country considers domestic measures to reduce GHGs emissions, their impacts beyond the nation's border should be examined carefully. Possible effects through international trade are particularly important in the globalized world with growing trade and expanding capital movements. After reviewing the current status of multilateral environment agreements (MEAs, how they are related to WTO trade rules, legal questions and dispute cases that are possibly related to GHGs emissions reduction, this paper examines recently proposed border GHGs adjustment measures and various WTO agreements as potential tools that are promising or not promising. This paper also suggests how to make WTO’s potential tools ready and how to build global consensus so that we can avoid unilateral trade measures for climate change. Finally, policy implications for Korea are discussed.

  1. 40 CFR 1033.720 - Trading emission credits.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 32 2010-07-01 2010-07-01 false Trading emission credits. 1033.720... CONTROLS CONTROL OF EMISSIONS FROM LOCOMOTIVES Averaging, Banking, and Trading for Certification § 1033.720 Trading emission credits. (a) Trading is the exchange of emission credits between certificate holders. You...

  2. The implementation of emissions trading in companies

    NARCIS (Netherlands)

    Pinkse, J.; Antes, R.; Hansjürgens, B.; Letmathe, P.

    2008-01-01

    This paper investigates what activities large companies have undertaken to utilize emissions trading and/or offset projects as part of a strategy for climate change. The main objective is to explore how the political conditions in home countries have affected corporate activity towards emissions

  3. Enforcement of emissions trading - sanction regimes of greenhouse gas emissions trading in the EU and China

    NARCIS (Netherlands)

    Peeters, Marjan; Chen, Huizhen; Weishaar, Stefan

    2016-01-01

    This chapter aims to further the debate regarding the role of law for establishing an adequate enforcement strategy for an emissions trading scheme. We focus on sanction regimes within the EU ETS and the Chinese emissions trading pilot projects. Section 2 sets the scene by pointing at the need of an

  4. Enforcement of emissions trading: Sanction regimes of greenhouse gas emissions trading in the EU and China

    NARCIS (Netherlands)

    Peeters, M.G.W.M.; Chen, Huizhen

    2015-01-01

    Abstract: This chapter aims to further the debate regarding the role of law for establishing an adequate enforcement strategy for an emissions trading scheme. We focus on sanction regimes within the EU ETS and the Chinese emissions trading pilot projects. Section 2 sets the scene by pointing at the

  5. Examining drivers of the emissions embodied in trade.

    Directory of Open Access Journals (Sweden)

    Leying Wu

    Full Text Available Emissions embodied in provincial trade (EEPT have important effects on provinces' responsibilities for carbon emission reductions. Based on a multi-regional input-output model, we calculated EEPT for China's 30 provinces in 2002, 2007 and 2010, and we attempted to determine the drivers of EEPT. The results showed that, during this period, the ratio of EEPT to production-based emissions increased over time, reaching 40.24% in 2010. In consideration of its important role in carbon emissions, we analyzed the factors attributable to EEPT through structure decomposition analysis. The decomposition results showed that final demand and carbon emission intensity were two major factors in EEPT, while the final demand in other provinces and the carbon emission intensity in the local province were major factors for Emissions embodied in provincial exports and the final demand in the local province and the carbon emission intensity in other provinces were major factors for Emissions embodied in provincial imports. Regarding the differences among the EEPT of different provinces, changes in the structure of trade were the primary reason.

  6. Sectoral and regional expansion of emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Boehringer, Christoph; Bouwe, Dijkstra; Rosendahl, Knut Einar

    2011-07-01

    We consider an international emissions trading scheme with partial sectoral and regional coverage. Sectoral and regional expansion of the trading scheme is beneficial in aggregate, but not necessarily for individual countries. We simulate international CO{sub 2} emission quota markets using marginal abatement cost functions and the Copenhagen 2020 climate policy targets for selected countries that strategically allocate emissions in a bid to manipulate the quota price. Quota exporters and importers generally have conflicting interests about admitting more countries to the trading coalition, and our results indicate that some countries may lose substantially when the coalition expands in terms of new countries. For a given coalition, expanding sectoral coverage makes most countries better off, but some countries (notably the USA and Russia) may lose out due to loss of strategic advantages. In general, exporters tend to have stronger strategic power than importers.(Author)

  7. EU Emission Trading: Starting with Carbon Dioxide

    DEFF Research Database (Denmark)

    Vesterdal, Morten; Svendsen, Gert Tinggaard

    2003-01-01

    The Commission of the European Union wants to start a limited emission trading scheme by 2005 within the Community to enable "learning-by-doing" prior to the Kyoto Protocol. This to accomplish the desired 8% target level for six different greenhouse gases. However, in the EU it is not clear whether...... all the six relevant greenhouse gases or only CO2 should be traded. What is the simplest and most practicable solution? We argue in favour of the latter option for three main reasons: the possible dominating global warming potential of CO2, expected future developments in CO2 emissions and the fact...

  8. The political economy of International Emissions Trading Scheme Choice

    DEFF Research Database (Denmark)

    Boom, J.T.; Svendsen, Gert Tinggaard

    2000-01-01

    that industry will have most influence on government policy, with environmental organizations taking second place. Our conclusion is that most interest groups prefer a combination of government trading and credit trading even though permit trading is more efficient. Furthermore, some governments prefer......The Kyoto Protocol allows emission trade between the Annex B countries. We consider three schemes of emissions trading: government trading, permit trading and credit trading. The schemes are compared in a public choice setting focusing on group size and rent-seeking from interest groups. We find...... government trading because it retains the possibility of hot air trading. Udgivelsesdato: DEC...

  9. Emissions credits traded : solar developer sees potential

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    1998-12-01

    The issue of buying and selling carbon dioxide emissions reductions through credit trades was discussed. Canada`s Greenhouse Gas Emissions Reduction Trading (GERT) pilot program is a first step toward developing a commodity market for greenhouse gas offsets. The program is based on a credit system in which site-specific baselines for emissions are defined. As currently set up, a source reducing its emissions below its baseline receives a credit which can be sold to another source if needed. The first trade submitted to GERT displaces fossil-fuelled electricity with electricity produced by wind turbines. In this deal Calgary`s distribution utility, Enmax, is selling wind power and the resulting emissions reductions to the federal government for use in its own buildings . Another deal which may soon be submitted to GERT is a solar pool-heating project at a recreation centre in Lillooet, British Columbia. It will replace a propane heater. The amount of reduction in greenhouse gas emissions will be calculated from the amount of propane that has been displaced by solar heating.

  10. Restricted linking of emissions trading systems

    NARCIS (Netherlands)

    Schneider, Lambert; Lazarus, Michael; Lee, Carrie; Asselt, van Harro

    2017-01-01

    With over 17 emissions trading systems (ETSs) now in place across four continents, interest in linking ETSs is growing. Linking ETSs offers economic, political, and administrative benefits. It also faces major challenges. Linking can affect overall ambition, financial flows, and the location and

  11. Combined Heat and Power and Emissions Trading

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    The aim of this IEA Information Paper is to help policy makers and other stakeholders understand the challenges facing the incorporation of high efficiency combined heat and power (CHP) into greenhouse gas (GHG) Emissions Trading Schemes (ETSs) -- and to propose options for overcoming them.

  12. Greenhouse gas emissions trading in the EU

    NARCIS (Netherlands)

    Peeters, Marjan; Farber, Daniel A.; Peeters, Marjan

    2016-01-01

    The major regulatory experiment with greenhouse gas emissions trading in the EU enables legal scholars to learn lessons regarding its design options and implementation problems. Some fundamental concerns are: (1) the issue of how to develop a fair allocation method, also in view of carbon leakage;

  13. Non-utility producers fear emission trading

    Energy Technology Data Exchange (ETDEWEB)

    Smith, D.J

    1990-02-01

    This paper reports on the reaction of a non-utility power organization to the emission trading provisions of the Clean Air Act. The proposed amendments now being considered by both houses of Congress would place an absolute cap on the total SO{sub 2} and NO{sub x} emissions that can be released from fossil-fired electric generating plants nationwide. Under the proposal, emissions of SO{sub 2} from fossil-fired plants must be reduced by 9 million tons/year below those of 1980. This would be accomplished in two phases: plants over 100 MW must reduce emissions down to 2.5 lb/MMBtu after 1995; and by 2001 plants larger than 75 MW must not exceed emissions of 1.2 lb/MMBtu of SO{sub 2}.

  14. The Liability Rules under International GHG Emissions Trading

    NARCIS (Netherlands)

    Zhang, ZX

    Article 17 or the Kyoto Protocol authorizes emissions trading, but the rules governing emissions trading have been deferred to subsequent conferences. in designing and implementing an international greenhouse gas (GHG) emissions trading scheme, assigning liability rules has been considered to be one

  15. The trading game : emissions trading schemes offer pollution as a market commodity

    Energy Technology Data Exchange (ETDEWEB)

    Bradbury, D.

    2005-07-01

    This paper discussed the market mechanisms for emissions trading. The concept emerged in signatory countries to the Kyoto Protocol in response to their commitment to reduce greenhouse gas (GHG) emissions. Emissions trading systems allow large polluters to buy and sell pollution credits in order to meet emission reduction targets. While member states in the European Union (EU) started trading in February 2005, Canada is still developing its own proposal that will be introduced in 2008 to correspond with the first phase of the Kyoto Protocol. In contrast to the European model that places absolute limits on GHG emissions, the Canadian system is intensity-based. Heavy polluters, known as large final emitters, will have to cut emissions of the 6 GHGs covered under the Kyoto Protocol as a percentage of their total industrial output. Companies that reduce their emissions more than their defined targets can trade the surplus as credits on the open domestic market. It was argued that this allows businesses to meet their own emissions targets while failing to contribute effectively to Canada's overall Kyoto target. In addition, in order to lessen the burden to industry, Canada has imposed a $15 cap on the price of credits, which is in contrast to the European system. It was argued that businesses in Europe will be more motivated to meet their targets because of the higher value on European pollution credits. With less onus on business in Canada to reduce absolute targets, the burden of reducing GHG emissions has shifted to federal taxpayers. The paper addressed some of the factors that led to Canada's decision to use an intensity-based system. One main factor was the refusal of the United States to ratify the Kyoto Protocol and the cost disadvantage this would create for Canadian firms. However, some argue that by paying more attention to energy use, companies can reduce emissions and increase shareholder value by achieving cost savings that are greater than the

  16. Emissions trading and profit-neutral grandfathering

    Energy Technology Data Exchange (ETDEWEB)

    Hepburn, Cameron; Ritz, Robert; Quah, John (Oxford Univ., Smith School of Enterprise and the Environment, Oxford (United Kingdom))

    2008-07-01

    This paper examines the amount of grandfathering needed for an emissions trading scheme (ETS) to have a neutral impact on firm profits. We provide a simple formula to calculate profit-neutral grandfathering in an asymmetric Cournot model with a general demand function. Using this formula, we obtain estimates of profit-neutral grandfathering for the electricity, cement, newsprint and steel industries. Under the current EU ETS, firms obtain close to full grandfathering. We find no evidence that any industry as a whole could be worse off with full grandfathering. We also show that the common presumption that a higher rate of cost pass-through lowers profit-neutral grandfathering is unreliable

  17. Essays in renewable energy and emissions trading

    Science.gov (United States)

    Kneifel, Joshua D.

    Environmental issues have become a key political issue over the past forty years and has resulted in the enactment of many different environmental policies. The three essays in this dissertation add to the literature of renewable energy policies and sulfur dioxide emissions trading. The first essay ascertains which state policies are accelerating deployment of non-hydropower renewable electricity generation capacity into a states electric power industry. As would be expected, policies that lead to significant increases in actual renewable capacity in that state either set a Renewables Portfolio Standard with a certain level of required renewable capacity or use Clean Energy Funds to directly fund utility-scale renewable capacity construction. A surprising result is that Required Green Power Options, a policy that merely requires all utilities in a state to offer the option for consumers to purchase renewable energy at a premium rate, has a sizable impact on non-hydro renewable capacity in that state. The second essay studies the theoretical impacts fuel contract constraints have on an electricity generating unit's compliance costs of meeting the emissions compliance restrictions set by Phase I of the Title IV SO2 Emissions Trading Program. Fuel contract constraints restrict a utility's degrees of freedom in coal purchasing options, which can lead to the use of a more expensive compliance option and higher compliance costs. The third essay analytically and empirically shows how fuel contract constraints impact the emissions allowance market and total electric power industry compliance costs. This paper uses generating unit-level simulations to replicate results from previous studies and show that fuel contracts appear to explain a large portion (65%) of the previously unexplained compliance cost simulations. Also, my study considers a more appropriate plant-level decisions for compliance choices by analytically analyzing the plant level decision-making process to

  18. Emissions Trading and Promotion of Renewable Energy: We Need Both

    OpenAIRE

    Claudia Kemfert; Jochen Diekmann

    2009-01-01

    Emissions trading and the promotion of the use of energy from renewable sources are key elements of German and European energy and climate policy. However, some critics oppose a targeted promotion of renewable energy, arguing in particular that this is ineffective or even damaging in conjunction with European emissions trading. Yet upon closer examination, the coexistence of emissions trading and promotion of renewable energy is not only possible, it is essential-provided the interactions bet...

  19. Summary: Carbon Emission Trading. A survey of regional and national emission trading schemes outside the European Union

    Energy Technology Data Exchange (ETDEWEB)

    Widegren, Karin

    2007-03-15

    For those countries that ratified the Kyoto Protocol this is naturally one of the most important incentives for the introduction of mandatory measures such as emissions trading schemes. At the same time, there are major similarities between the political discussions in countries that ratified the Kyoto Protocol and countries that did not. In all countries there is a great interest in market-based regulation such as emissions trading, at the same time as the political difficulties in achieving unity on the limits and shaping of the systems are very substantial. In countries with a federal government, operators at the regional level frequently have a prominent role. The driving force for the regional players is frequently a desire to influence the federal policy from below at the same time as goodwill is created and a learning process is developed that may become a competitive advantage the day a federal system is introduced. Regional initiatives and the introduction of different voluntary programs for emissions trading have also contributed to an increased interest on the part of industry and industrial operators. They have in several cases actively participated in the design of such programs. When it comes to the operational status of the different schemes none of the studied countries is expected to have a nationally compulsory trading system in operation prior to 2010. Most initiatives are at the initial stage and have been delayed many times on account of significant administrative and political difficulties. It may be established that as regards market volume, liquidity and practical experiences EU ETS is in a class of its own. The most common trading system that is planned or debated is of the type 'cap and trade'. Systems focus almost without exception on the energy sector and on emissions of carbon dioxide. Frequently, proposals include a wide variety of approved emission credits (offset). The design of these emission credits often reflects other

  20. Contribution of an emission trading scheme to reduce road traffic induced CO2 emissions in Austria

    OpenAIRE

    Link, Christoph; Stark, Juliane; Sonntag, Axel; Hössinger, Reinhard

    2012-01-01

    The Emission Trading Scheme for green house gases is a key tool of European climate protection. Including the road transport sector might be a promising strategy to limit its CO2 emissions. This could be realized within a common market (trans-sectoral trading permitted) or separated markets (trans-sectoral trading not permitted). Starting from different assumptions on emission reduction objectives, the impact of both options is analyzed using a quantitative model. Although an emission trading...

  1. Study on the Coordination of Supply Chain Based on Carbon Emissions Trading Considering the Retailers’ Competition

    Directory of Open Access Journals (Sweden)

    Wang Daoping

    2017-01-01

    Full Text Available This paper studies the coordination of supply chain in the context of carbon emissions trading mechanism, which considering the competition between retailers. Centralized and decentralized supply chain models were constructed to discuss the price of product, to avoid the losses of profit from the decentralized decision-making, the revenue-sharing contract was introduced to coordinate the supply chain. Research shows that the carbon emissions trading reduce emissions effectively, but the higher price of carbon emissions trading cut down the total profit of supply chain; The competition between retailers upgrades the supply chain members’ profit; Coordination was achieved by introducing the revenue-sharing contract. Finally, numerical example was given to illustrate the validity of the revenue-sharing contract, and the sensitivity analysis of parameters such as the price of the emissions trading and the retailers’ competition were presented.

  2. The EU Emissions Trading Directive: Opportunities and Potential Pitfalls

    OpenAIRE

    Pizer, William; Kruger, Joseph

    2004-01-01

    The European Union is on the verge of establishing an emissions trading program ten times the size of the Acid Rain trading program in the United States. Its design takes advantage of many lessons from existing experience with trading programs, as well as economic theory, and innovates in important ways. While we view this as an impressive development, concerns about equity, enforcement, and efficiency remain. Specifically, a lack of data and weaker environmental institutions in some EU Membe...

  3. the europeanisation of emissions trading gerard h.

    African Journals Online (AJOL)

    OLAWUYI

    ABSTRACT. The adoption of carbon market trading in the European Union (EU) was far from assured. Prior to the Kyoto Protocol, the EU had been critical of market trading and had expressed grave reservations regarding its potential contribution to climate governance. Given this historical backdrop, the EU's conversion to ...

  4. Including International Aviation in the EU Emissions Trading Scheme

    Energy Technology Data Exchange (ETDEWEB)

    Kopsch, Fredrik

    2011-07-01

    Starting on January 1 st, 2012, the international aviation sector will be included into the already existing EU ETS. All air crafts departing and arriving within the European Union will be obliged to hold permits corresponding to their total emissions of CO{sub 2} for those routes. Since emissions from the international aviation sector are not included under the Kyoto Protocol, the European Commission has decided to introduce a trading barrier between the sectors in order not to jeopardize the Kyoto targets. The purpose of this paper is to analyse the potential loss in cost-effectiveness of introducing such a trading barrier between two sectors taking into account that damage from emissions is not necessarily uniform. A theoretical model is developed to address the question and it is found that, at least for the case with linking the international aviation sector to the stationary sources within the EU ETS, the trading barrier might be unwarranted as it might lead to higher damage from emissions as compared to alternative ways to link the trading sectors. However, it should be stressed that this finding is not general and caution should be taken in the future when linking emission trading schemes as, depending on the heterogeneity of emission damage, a trading barrier might very well be justified

  5. Final Report GlobEmission

    NARCIS (Netherlands)

    2016-01-01

    At the origin of all air quality issues are the emissions of pollutants. Emission inventories provide essential information on magnitude, type of activity, time evolution and the spatial coverage of the emissions. These inventories are developed for use by the policy makers in order to evaluate

  6. Supply Chain Greenhouse Gas Management under Emission Trading

    OpenAIRE

    Fang LI

    2016-01-01

    To curb global warming man has to reduce greenhouse gas emissions (GHGs) created to the atmosphere by human activities, and it cannot neglect the efforts of corporate communities. Indeed, companiesa direct emissions are dwarfed by supply chain GHGs from an industry sector. No matter to prepare for future environmental regulations or to improve competitive advantages, companies are realizing that they have to reduce and mitigate GHGs from the supply chain perspective. Emission trading (also ca...

  7. Emissions trading. Legal issues with the third allocation period

    Energy Technology Data Exchange (ETDEWEB)

    Ehrmann, Markus [SCHOLTKA und PARTNER, Berlin (Germany)

    2011-07-15

    The rules governing the allocation of emission allowances will change radically for the third allocation (trading) period starting in 2013: the allocation of allowances for emissions trading will be based on uniform European provisions. There will no longer be any free emission allowances for electricity production; all allowances will have to be purchased at auction instead. By contrast, industry will be eligible for a free allocation of emission allowances based on uniform Union-wide benchmarks, however these benchmarks are very onerous. A decision, which set out the rules, including the benchmarks of greenhouse gas emissions performance, was formally adopted by the European Commission on 27 April 2011. The demands on installation operators during the allocation process, which is supposed to be concluded by as early as autumn 2011, are therefore greater than they were before, and will also present a challenge in terms of timeframe. (orig.)

  8. The European Union’s Emissions Trading System

    OpenAIRE

    Andriana Vlachou

    2014-01-01

    This paper investigates the European Union’s Emissions Trading System (EU ETS), which is often presented as the cornerstone of the EU’s strategy for fighting climate change. The paper analyses the basic design of the scheme, its workings during the first trading period (2005–07), the adjustments made for the second trading period (2008–12) and its performance during the years 2008 and 2009. It also discusses the European Commission’s (EC) proposal to revise the EU ETS for the period 2013–20 a...

  9. Judicial aspects of emission trade. Emission trade in the European Union; Juridische aspecten van emissiehandel. Emissiehandel in de Europese Unie

    Energy Technology Data Exchange (ETDEWEB)

    Van Beuge, M.J.J. [EnergieGroep Simmons en Simmons Trenite, Rotterdam (Netherlands)

    2004-02-01

    Emission trade will start in Europe in 2005. In a series of articles an overview will be given of several juridical aspects with respect to the international and national trade of emission. In part 1 attention was paid to the international judicial basis for the present climate policy. In this article an overview is given of developments with regard to emission trade in the European Union. [Dutch] In 2005 zal in Europa een begin worden gemaakt met de emissiehandel. In een aantal artikelen wordt een overzicht gegeven van de verschillende juridische aspecten die samenhangen met de internationale en nationale emissiehandel. In deel 1 werd ingegaan op de internationaalrechtelijke basis voor het huidige klimaatbeleid. In dit artikel wordt een overzicht gegeven van de ontwikkelingen m.b.t. emissiehandel in de Europese Unie.

  10. Liability rules for international trading of greenhouse gas emissions quotas

    DEFF Research Database (Denmark)

    Haites, E.; Missfeldt, F.

    2001-01-01

    To reduce the costs of mitigating greenhouse gas emissions in accordance with the Kyoto protocol, international trades of emissions quotas are allowed. The revenue from the sale of quotas may exceed the sanctions for non-compliance if these penalties are weak or poorly enforced. Under these circu......To reduce the costs of mitigating greenhouse gas emissions in accordance with the Kyoto protocol, international trades of emissions quotas are allowed. The revenue from the sale of quotas may exceed the sanctions for non-compliance if these penalties are weak or poorly enforced. Under...... commitment period. In addition, the proposals are tested for their sensitivity to national circumstances and to market power. We find that penalties are sufficient to deter non-compliance if they are high enough and are effectively enforced. If the non-compliance penalties are weak or poorly enforced...

  11. EU emissions trading: Distinctive behavior of small companies

    OpenAIRE

    Naegele, Helene; ZAKLAN, Aleksandar

    2016-01-01

    The EU Emissions Trading System (EU ETS) is the cornerstone of the European Union's climate policy and covers just under half of the EU's greenhouse gas emissions. More than ten years since the EU ETS was first introduced, there continues to be substantial research interest regarding its functioning and the behavior of participating companies. DIW Berlin conducted three econometric studies based on microdata at company and/or installation level. The findings suggest that, overall, there are o...

  12. Emissions trading: a transatlantic journey for an idea?

    NARCIS (Netherlands)

    Biedenkopf, K.

    2012-01-01

    This paper examines the ways in which the EU greenhouse gas (GHG) emissions trading system (ETS) affected the design of similar programs in North America. It investigates the conditions under which EU pioneering policy can play a role in extra-EU jurisdictions’ policy-making. The empirical

  13. A structural decomposition analysis of the emissions embodied in trade

    NARCIS (Netherlands)

    Xu, Yan; Dietzenbacher, Erik

    The aim of this study is to quantify the driving forces behind the growth of carbon dioxide emissions embodied in trade (EET). The World Input-output Database is used to estimate EET in 40 countries during 1995-2007 after which a structural decomposition analysis is applied. To avoid biases in the

  14. Does EU Emissions trading bite? : An event study

    NARCIS (Netherlands)

    Jong, Thijs; Couwenberg, Oscar; Woerdman, Edwin

    The aim of this paper is to examine whether shareholders consider the EU Emissions Trading Scheme (EU ETS) as value-relevant for the participating firms. An analysis is conducted of the share prices changes as caused by the first publication of compliance data in April, 2006, which disclosed an

  15. Testing the theory of emissions trading : Experimental evidence on alternative mechanisms for global carbon trading

    NARCIS (Netherlands)

    Klaassen, Ger; Nentjes, Andries; Smith, Mark

    2005-01-01

    Simulation models and theory prove that emission trading converges to market equilibrium. This paper sets out to test these results using experimental economics. Three experiments are conducted for the six largest carbon emitting industrialized regions. Two experiments use auctions, the first a

  16. Does permit price reflect fundamentals in the European Union emissions trading market? Theory and econometric analysis

    Energy Technology Data Exchange (ETDEWEB)

    Aatola, P.; Ollikainen, M. [Univ. of Helsinki (Finland). Dept. of Economics and Management

    2007-07-01

    The European Union launched the carbon dioxide (CO{sub 2}) emissions trading system (EU ETS) to alleviate climate change and reach its Kyoto commitment. The EU ETS is the largest and most ambitious emissions trading program in the world. Its development, price fluctuations and volumes exchanged have been of great interest before the start of the program and during the almost three years of trading. Most of the interest has focused on the following questions: Can the EU ETS actually achieve the desired reduction in CO{sub 2} emissions, given the heterogeneity of countries and industries involved? Does the permit price follow fundamentals, given that the system is politically created and subject to all uncertainties associated with climate policies? Does the EU ETS provide sufficient incentives to invest in greener technologies and in renewable energy sources? The authors investigate how closely the price of emission permits reflects market fundamentals in the EU ETS. They postulate uncertain permit price and risk-averse firms. The firms produce final goods, abate their emissions and trade permits in the permit market. The dependence of the equilibrium permit price on exogenous variables is studied in a permit market model. They test their theoretical findings with empirical data from 2005--2006 in the EU ETS. They use forward prices of both EUA07 and EUA08 as their dependent variable. Given the dominant role of energy sector in the emissions trading market, they use electricity price as a representative of the price of final good and prices of fuels as the relevant cost items. They use an econometric model with stationary time series to discover that there is a strong relationship between the fundamentals, such as German electricity price and gas and coal prices and the price of EUA. The authors find that both EUA forward prices reflect the fundamentals, especially price of electricity, clean dark and clean spark spreads, as well as the gas-coal difference.

  17. Carbon pricing : transaction costs of emissions trading vs. carbon taxes

    OpenAIRE

    Coria, Jessica; Jaraite, Jurate

    2015-01-01

    In this paper we empirically compare the transaction costs from monitoring, reporting and verification (MRV) of two environmental regulations directed to cost-efficiently reduce greenhouse gas emissions: a carbon dioxide (CO2) tax and a tradable emissions system. We do this in the case of Sweden, where a set of firms are covered by both types of regulations, i.e., the Swedish CO2 tax and the European Union’s Emissions Trading System (EU ETS). This provides us with an excellent case study as i...

  18. Trading sulphur emissions under the Second Sulphur Protocol

    Energy Technology Data Exchange (ETDEWEB)

    Foersund, Finn R.; Naevdal, Eric

    1997-07-01

    Emission trading is a potent policy instrument in theoretical analyses of environmental policy. However, trading in emission quotas of non-uniformly dispersed pollutants requires that the offsetting quantities vary with location of sources. Such a system is not yet in use. The Second Sulphur Protocol for Europe makes it possible to try out a system of ``exchange rates`` through a clause allowing ``joint implementation`` of emission reductions. In this report, the authors investigate some properties of a system with exogenous exchange rates within a simultaneous trade model based on cost efficiency. Incorporation of constraints on depositions in third party countries may be necessary in order to get third party country cooperation. It is demonstrated that imposition of constraints is feasible, but it is also revealed what demands such incorporation places on the design of the institutional setting. Constraints on trade should only be introduced when the concern for the environment of the various receptors fail to be captured adequately by the calibration of the exchange rates. 16 refs., 2 figs., 3 tabs.

  19. 40 CFR Appendix C to Part 97 - Final Section 126 Rule: Trading Budget

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Final Section 126 Rule: Trading Budget... PROGRAMS (CONTINUED) FEDERAL NOX BUDGET TRADING PROGRAM AND CAIR NOX AND SO2 TRADING PROGRAMS Pt. 97, App. C Appendix C to Part 97—Final Section 126 Rule: Trading Budget ST F126-EGU F126-NEGU Total DC 207 26...

  20. Legal frameworks for emissions trading in the European Union

    Energy Technology Data Exchange (ETDEWEB)

    Upston-Hooper, K. [c/o Greenstream Network Oy, Helsinki (Finland); Perrells, A. [VATT, Helsinki (Finland); Anttonen, K. [Ministry of Foreign Affairs, Helsinki (Finland); Mehling, M. [University of Greifswald (Germany)

    2007-07-01

    The Project is based on a comparative and pragmatic review of the legal frameworks for implementing the EU Emission Trading Scheme (ETS) in four EU jurisdictions (Finland, Sweden, United Kingdom and Germany). The Project does not seek to examine the rationale of utilizing tradable mechanisms nor assess the costs and benefits of doing so. Its primary focus is to undertake a detailed study of the legal realities involved in implementing the EU ETS, particularly those issues of commercial importance such as taxation and accounting rules. The methodology adopted has been to formulate a comprehensive questionnaire (of approximately 70 questions) to be used as the basis of national reports together with a stand alone analysis by VATT, and in turn use the national reports and VATT study as the building blocks of a comparative overview report. The questionnaire seeks to highlight those significant legal and regulatory issues that impact on the establishment of emission allowance trading arrangements within the respective jurisdictions. The comparative analysis of these issues will focus on 'golden threads' of similarity and difference that impact on the establishment of an internal market within the European Union for the trading of emissions allowances. (orig.)

  1. Legal frameworks for emissions trading in the European Union

    Energy Technology Data Exchange (ETDEWEB)

    Maeaettae, K.; Anttonen, K. (Univ. of Joensuu (Finland)). Email: kalle.maatta@joensuu.fi; Upston-Hooper, K. (GreenStream Networks, Helsinki (Finland)); Mehling, M. (Univ. of Greifswald (Germany)); Perrels, A. (Government Institute for Economic Research VATT, Helsinki (Finland)), email: adriaan.perrels@vatt.fi

    2009-07-01

    The project is based on a comparative and pragmatic review of the legal frameworks for implementing the EU Emission Trading Scheme (ETS) in four EU jurisdictions (Finland, Sweden, United Kingdom and Germany). The project does not seek to examine the rationale of utilizing tradable mechanisms nor assess the costs and benefits of doing so. Its primary focus is to undertake a detailed study of the legal realities involved in implementing the EU ETS, particularly those issues of commercial importance such as taxation and accounting rules. The methodology adopted has been to formulate a comprehensive questionnaire (of approximately 70 questions) to be used as the basis of national reports together with a stand alone analysis by VATT, and in turn use the national reports and VATT study as the building blocks of a comparative overview report. The questionnaire seeks to highlight those significant legal and regulatory issues that impact on the establishment of emission allowance trading arrangements within the respective jurisdictions. The comparative analysis of these issues will focus on 'golden threads' of similarity and difference that impact on the establishment of an internal market within the European Union for the trading of emissions allowances. (orig.)

  2. The potential for CO2 emissions trading in transport. The case of personal vehicles and freight

    Energy Technology Data Exchange (ETDEWEB)

    Raux, C. [Laboratoire d' Economie des Transports, CNRS, Universite de Lyon, ENTPE, ISH, 14 avenue Berthelot, 69363 Lyon, Cedex 07 (France)

    2010-05-15

    Transport currently accounts for around 25-30% of global CO2 emissions and this contribution is growing rapidly. Moreover, road transport holds by far the major part in these emissions. Because of the social and political reluctance to increase fuel taxation, it is of some interest to explore the inclusion of road transport in emission trading schemes. Starting from the theory about tradable permits, their relevance in transport emissions, their appropriate targets and their potential for practical implementation are analysed. Two proposals of 'tradable rights for fuel consumption' are presented, the one for drivers of private vehicles, the other for freight transportation. Finally, potential pitfalls and implementation issues are also discussed. It is concluded that the cost of operating markets of fuel rights would be the price to be paid for an effective involvement of the transport sector in the effort to reduce emissions.

  3. Emission trading scheme: market analysis and forecasting scenarios; Emission Trading scheme: analisi di mercato e scenari previsivi

    Energy Technology Data Exchange (ETDEWEB)

    Clo, Stefano [Universita' di Bologna, Bologna (Italy). Facolta' di Economia; Desalvo, Tobia [Scuola Mattei Master MEDEA, (Italy)

    2006-06-15

    This article offers an economic analysis of the Emission Trading Scheme (ETS) and its institutional framework; we introduce an economic model able to simulate some possible market price's scenarios. The aim of this article is to offer a better market fundamentals' comprehension and to help economic agents building their expectations about market's development. [Italian] Questo articolo offre un'analisi economica dell'Emission Trading Scheme (ETS) e delle istituzioni pubbliche che lo interessano. Viene, inoltre, presentato un modello economico elaborato per simulare l'andamento futuro dei prezzi, con l'obiettivo di contribuire ad una migliore comprensione dei meccanismi di mercato e di facilitare la formulazione di aspettative.

  4. Influence of the Emissions Trading Scheme on generation scheduling

    Energy Technology Data Exchange (ETDEWEB)

    Kockar, Ivana; McDonald, James R. [University of Strathclyde, Glasgow (United Kingdom); Conejo, Antonio J. [University of Castilla, La Mancha Ciudad Real (Spain)

    2009-10-15

    The paper investigates the effects of emissions constraints and Emissions Trading Scheme (ETS) on the generation scheduling outcome. ETS is a cap-and-trade market mechanism that has been introduced in European Union in order to facilitate CO{sub 2} emissions management. This scheme gives generators certain amount of CO{sub 2} allowances which they can use to cover emissions produced during energy generation. In a current setting, most of the allowances are given for free. However, under ETS generators also have an opportunity to buy and sell CO{sub 2} allowances on the market. Since generation power outputs are bounded by the amount of CO{sub 2} emissions that they are allowed to produce over time, it is becoming increasingly important for generating units to manage their allocations in the most profitable way and decide when and how much of permissions to spent to produce electricity. The method proposed here allows for modeling of this new limitation by including costs of buying and selling of CO{sub 2} allowance in the generation scheduling procedure. It also introduces additional emissions constraints in the problem formulation. Although CO{sub 2} permissions and energy are traded in separate markets, the proposed formulation permits analysis on how emission caps and emission market prices can influence market outcome. The method is illustrated on a 5-unit system. Given examples compare (i) a base-case when all generators have made a decision to use portions of their total free allocations that do not cause any shortfall during the investigated time period; (ii) two cases when the least expensive generators' decisions on the amount of free allowances they are willing to use during the considered period are insufficient. In all cases generators also submit prices at which they expect to be able to ''top-up'' or sell allowances on the market, however, only in the second and third case the ''buying'' option becomes

  5. Cooperative Emissions Trading Game: International Permit Market Dominated by Buyers.

    Directory of Open Access Journals (Sweden)

    Keita Honjo

    Full Text Available Rapid reduction of anthropogenic greenhouse gas emissions is required to mitigate disastrous impacts of climate change. The Kyoto Protocol introduced international emissions trading (IET to accelerate the reduction of carbon dioxide (CO2 emissions. The IET controls CO2 emissions through the allocation of marketable emission permits to sovereign countries. The costs for acquiring additional permits provide buyers with an incentive to reduce their CO2 emissions. However, permit price has declined to a low level during the first commitment period (CP1. The downward trend in permit price is attributed to deficiencies of the Kyoto Protocol: weak compliance enforcement, the generous allocation of permits to transition economies (hot air, and the withdrawal of the US. These deficiencies created a buyer's market dominated by price-making buyers. In this paper, I develop a coalitional game of the IET, and demonstrate that permit buyers have dominant bargaining power. In my model, called cooperative emissions trading (CET game, a buyer purchases permits from sellers only if the buyer forms a coalition with the sellers. Permit price is determined by bargaining among the coalition members. I evaluated the demand-side and supply-side bargaining power (DBP and SBP using Shapley value, and obtained the following results: (1 Permit price is given by the product of the buyer's willingness-to-pay and the SBP (= 1 - DBP. (2 The DBP is greater than or equal to the SBP. These results indicate that buyers can suppress permit price to low levels through bargaining. The deficiencies of the Kyoto Protocol enhance the DBP, and contribute to the demand-side dominance in the international permit market.

  6. Cooperative Emissions Trading Game: International Permit Market Dominated by Buyers.

    Science.gov (United States)

    Honjo, Keita

    2015-01-01

    Rapid reduction of anthropogenic greenhouse gas emissions is required to mitigate disastrous impacts of climate change. The Kyoto Protocol introduced international emissions trading (IET) to accelerate the reduction of carbon dioxide (CO2) emissions. The IET controls CO2 emissions through the allocation of marketable emission permits to sovereign countries. The costs for acquiring additional permits provide buyers with an incentive to reduce their CO2 emissions. However, permit price has declined to a low level during the first commitment period (CP1). The downward trend in permit price is attributed to deficiencies of the Kyoto Protocol: weak compliance enforcement, the generous allocation of permits to transition economies (hot air), and the withdrawal of the US. These deficiencies created a buyer's market dominated by price-making buyers. In this paper, I develop a coalitional game of the IET, and demonstrate that permit buyers have dominant bargaining power. In my model, called cooperative emissions trading (CET) game, a buyer purchases permits from sellers only if the buyer forms a coalition with the sellers. Permit price is determined by bargaining among the coalition members. I evaluated the demand-side and supply-side bargaining power (DBP and SBP) using Shapley value, and obtained the following results: (1) Permit price is given by the product of the buyer's willingness-to-pay and the SBP (= 1 - DBP). (2) The DBP is greater than or equal to the SBP. These results indicate that buyers can suppress permit price to low levels through bargaining. The deficiencies of the Kyoto Protocol enhance the DBP, and contribute to the demand-side dominance in the international permit market.

  7. 75 FR 69884 - Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and Trading of...

    Science.gov (United States)

    2010-11-16

    ... AGENCY 40 CFR Part 52 Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and... Implementation Plan (SIP) that create and amend the Emissions Banking and Trading of Allowances (EBTA) Program... Emissions Banking and Trading of Allowances Program? IV. What is EPA's evaluation of the Emissions Banking...

  8. 76 FR 15 - Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and Trading of...

    Science.gov (United States)

    2011-01-03

    ... AGENCY 40 CFR Part 52 Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and... and amend the Emissions Banking and Trading of Allowances (EBTA) Program. The EBTA Program establishes... Banking and Trading of Allowances (EBTA) Program. The EBTA Program establishes a cap and trade program to...

  9. Emissions trading. A practical manual; Emissionshandel. Ein Praxishandbuch

    Energy Technology Data Exchange (ETDEWEB)

    Elspas, M. [Deutsche Bahn AG, Frankfurt am Main (Germany); Salje, P. [Hannover Univ. (Germany); Stewing, C. (eds.) [Salzgitter Flachstahl GmbH, Salzgitter (Germany)

    2006-07-01

    The book describes the ecological and economic fundamentals of emissions trading. German legislation is viewed in the context of international and European law. Legal regulations and national allocation plans of other countries are presented. Legal and practical aspects of the allocation procedure are discussed, e.g. applications, monitoring, legal protection, and of emissions trading in general, e.g. buying, selling, transfer, registration. The user is also given valuable information on emission certificates in business economy, balancing, and taxation. Specific aspects of the industries concerned are discussed explicitly. [German] Das Werk beschreibt die oekologischen und oekonomischen Grundlagen des Emissionsrechtehandels. Es stellt die nationale Umsetzung in Deutschland in den voelker- und europarechtlichen Kontext; hierbei werden u. a. die Umsetzung der Vorgaben in den wesentlichen Teilnehmerstaaten und deren nationale Allokationsplaene vorgestellt. Das Handbuch behandelt rechtliche und praktische Fragen aus dem Zuteilungsverfahren (u. a. Antrag, Monitoring, Rechtsschutz) und aus dem Emissionsrechtehandel (z. B. An- und Verkauf, Uebertragung, Register). Zusaetzlich erhaelt der Nutzer wertvolle Informationen ueber die betriebswirtschaftliche, bilanzielle und steuerliche Behandlung der Emissionszertifikate. Auf branchenspezifische Besonderheiten der betroffenen Industriezweige wird explizit eingegangen.

  10. Linking CO{sub 2} emissions from international shipping to the EU emissions trading scheme

    Energy Technology Data Exchange (ETDEWEB)

    Kaageson, Per [Nature Associates, Stockholm (Sweden)

    2009-09-15

    The objective of the report is to analyse the feasibility of a cap-and-trade system for CO{sub 2} emissions from international shipping linked to the European Emission Trading Scheme (ETS). The idea presented in the paper is to tie the permission for a ship to call at a port of a participating country to the vessels participation in a scheme for emissions trading under a common cap. The ship would be liable for emissions from fuel bunkered during, say, six months prior to a call at a participating port. With this design, emissions from the return voyages of ships involved in intercontinental traffic would automatically be covered, and shipowners and operators would gain nothing by calling at ports just outside the European Union. The geographical scope would thus be global, albeit limited to ships that call at ports of the European Union (and other participating states). The fuel consumption, that the surrendered CO{sub 2} allowances would have to match, could be declared by using the existing mandatory bunker delivery notes that all ships above 400 GT need to keep according to Regulation 18 of MARPOL Annex VI. The report discusses various ways for initial allocation of allowances and concludes that the least distorting method would be to sell them on auction and recycle all or most of the revenues to the shipping sector in a way that does not interfere with the objective of the trading scheme. In the case where Maritime Emissions Trading Scheme (METS) is initially limited to the ports of the European Union, at least 6 200 million ton less CO{sub 2} would be emitted over the 23 years between 2012 and 2035 compared to a business-as-usual scenario. However, a great part of this would be reductions in land-based sources paid indirectly by the shipping sector. (orig.)

  11. Legal Frameworks for Emissions Trading in the European Union

    Energy Technology Data Exchange (ETDEWEB)

    Karl Upston-Hooper, K. [Greenstream Network, Helsinki (Finland); Anttonen, K. [VATT, Helsinki (Finland); Mehling, M. [University of Griefswald (Germany)

    2006-12-19

    The Project is based on a comparative and pragmatic review of the legal frameworks for implementing the EU Emission Trading Scheme (ETS) in four EU jurisdictions (Finland, Sweden, United Kingdom and Germany). The project does not seek to examine the rationale of utilizing tradable mechanisms nor assess the costs and benefits of doing so. Its primary focus is to undertake a detailed study of the legal realities involved in implementing the EU ETS, particularly those issues of commercial importance such as taxation and accounting rules. (orig.)

  12. EU Emissions Trading Scheme and Investments in the power sector

    Energy Technology Data Exchange (ETDEWEB)

    Sapienza, M.D.; Stefanoni, S.

    2007-07-01

    How environmental regulation affects electricity players' investment decisions? Should policy makers look beyond for alternative mechanisms - such as energy efficiency, capture and storage of carbon dioxide, and incentives for renewables - to fulfill the environmental objectives set by Kyoto Protocol? This paper suggests - through a Real Option approach - how the efficacy of the EU Emission Trading Scheme on technological innovation, emissions reduction and energy price dynamics, is strongly affected by the 'hysteresis' emerging from the capital budgeting process of main utilities. As a matter of fact, long-term substitutions between coal-fired units and Combined Cycle Gas Turbine plants production only take place under quite restrictive conditions. (auth)

  13. Emissions trading and innovation in the German electricity industry

    Energy Technology Data Exchange (ETDEWEB)

    Cames, Martin

    2010-07-01

    One major objective of the introduction of emissions trading in the European Union was to promote innovation towards mitigating climate change. Focusing on the German electricity industry, the extent to which this objective has been achieved up to now and how the design of the trading scheme could be improved towards achieving the intended objective shall be analyzed in this thesis. These questions are tackled in the thesis from a theoretical and an empirical perspective. The theoretical analysis was largely based on neoclassical environmental economics by using an algebraic model which allowed for comparison of the relevant companies' profits under various configurations of the analyzed design options. The empirical analysis was grounded on two surveys of the electricity industry - one before the start of emissions trading, the other after two and a half years of experience - which enabled identification of the concrete changes in the companies' perceptions and attitudes towards innovation due to the introduction of emissions trading. The analysis reveals some indications that the instrument has basically functioned as originally intended although it has certainly not yet developed its full potential in terms of promoting innovation towards a more climate friendly electricity system. From an environmental innovation perspective the following improvements are essential: (1) Closure provisions should be abolished as soon as possible because they basically extend the lifetime of old installations and thus rather delay innovation. (2) Fuel-specific allocation to new entrants should also be abandoned since it eliminates - at least partly - the incentives to shift investments towards technologies which use more carbon friendly fuels such as natural gas or biomass. (3) Introducing full auctioning for the electricity industry would remedy both of the above-mentioned weaknesses and at the same time eliminate the windfall profit generated by free allocation of

  14. An emerging equilibrium in the EU emissions trading scheme

    Energy Technology Data Exchange (ETDEWEB)

    Bredin, Don, E-mail: don.bredin@ucd.ie; Muckley, Cal, E-mail: cal.muckley@ucd.i

    2011-03-15

    The European Union's Emissions Trading Scheme (ETS) is the key policy instrument of the European Commission's Climate Change Program aimed at reducing greenhouse gas emissions to eight percent below 1990 levels by 2012. A critically important element of the EU ETS is the establishment of a market determined price for EU allowances. This article examines the extent to which several theoretically founded factors including, economic growth, energy prices and weather conditions determine the expected prices of the European Union CO{sub 2} allowances during the 2005 through to the 2009 period. The novel aspect of our study is that we examine heavily traded futures instruments that have an expiry date in Phase 2 of the EU ETS. Our study adopts both static and recursive versions of the Johansen multivariate cointegration likelihood ratio test as well as a variation on this test with a view to controlling for time varying volatility effects. Our results are indicative of a new pricing regime emerging in Phase 2 and point to a maturing market driven by the fundamentals. These results are valuable both for traders of EU allowances and for those policy makers seeking to improve the design of the European Union ETS.

  15. Emissions trading with offset markets and free quota allocations

    Energy Technology Data Exchange (ETDEWEB)

    Rosendahl, Knut Einar; Strand, Jon

    2012-07-01

    We study interactions between a 'policy bloc's' emissions quota market and an offset market where emissions offsets can be purchased from a non-policy 'fringe' of countries (such as for the CDM under the Kyoto Protocol). Policy-bloc firms are assumed to benefit from free quota allocations that are updated according to either past emissions or past outputs. We show that both overall abatement, and the allocation of given abatement between the policy bloc and the fringe, tend to be inefficient. When the policy-bloc quota market and offset markets are fully integrated (and firms buy offsets directly from the fringe), and all quotas and offsets must be traded at a single price, it is optimal for the policy bloc to either not constrain the offset market whatsoever, or to ban offsets completely. The former (latter) case occurs when free allocation of quotas is not too generous (very generous), and the offset market can profitably deliver large (only a small) quota amounts. Governments of policy countries would however instead prefer to buy offsets directly from the fringe at a price below the policy-bloc quota price. The offset price will then be below the marginal damage cost of emissions, and the quota price in the policy bloc above marginal damage cost. This solution is also inefficient as the policy bloc (acting as a monopsonist) purchases too few offsets from the fringe.(Author)

  16. Viability of Carbon Capture and Sequestration Retrofits for Existing Coal-Fired Power Plants under an Emission Trading Scheme.

    Science.gov (United States)

    Talati, Shuchi; Zhai, Haibo; Morgan, M Granger

    2016-12-06

    Using data on the coal-fired electric generating units (EGUs) in Texas we assess the economic feasibility of retrofitting existing units with carbon capture and sequestration (CCS) in order to comply with the Clean Power Plan's rate-based emission standards under an emission trading scheme. CCS with 90% capture is shown to be more economically attractive for a range of existing units than purchasing emission rate credits (ERCs) from a trading market at an average credit price above $28 per MWh under the final state standard and $35 per MWh under the final national standard. The breakeven ERC trading prices would decrease significantly if the captured CO 2 were sold for use in enhanced oil recovery, making CCS retrofits viable at lower trading prices. The combination of ERC trading and CO 2 use can greatly reinforce economic incentives and market demands for CCS and hence accelerate large-scale deployment, even under scenarios with high retrofit costs. Comparing the levelized costs of electricity generation between CCS retrofits and new renewable plants under the ERC trading scheme, retrofitting coal-fired EGUs with CCS may be significantly cheaper than new solar plants under some market conditions.

  17. Efficiency versus Equality: Comparing Design Options for Indirect Emissions Accounting in the Korean Emissions Trading Scheme

    Directory of Open Access Journals (Sweden)

    Inha Oh

    2015-11-01

    Full Text Available The Korean emissions trading scheme (ETS has one special characteristic that makes it different from other schemes, such as the EU ETS. While the other schemes consider only direct emissions from fossil fuels, the Korean ETS also regulates indirect emissions arising from the consumption of electricity. The problem of double counting arises under this setting, in which emissions from the power sector can be accounted for twice, when electricity is produced and consumed. This study aims to compare design options on indirect emissions accounting for the Korean ETS using a computable general equilibrium model. Four scenarios are generated for options accounting for direct and/or indirect emissions and are evaluated in terms of efficiency and equality. The result shows that the ETS operates most efficiently when only direct emissions are considered. However, the option that includes both direct and indirect emissions produces a competent result in terms of equality by spreading the economic burden of emissions reduction among industries. We conclude that this option can be an alternative to meet the key purposes of the Korean ETS.

  18. NOx Emission Trading in a European Context: Discussion of the Economic, Legal, and Cultural Aspects

    Directory of Open Access Journals (Sweden)

    Chris P.A. Dekkers

    2001-01-01

    Full Text Available Emission trading is a new instrument in environmental policy. It is an alien notion in most European countries and it is often viewed with hesitation. The paper discusses the economic, legal, and perhaps more importantly, the cultural aspects to consider when one tries to explore the prospects for trading emissions of NOX and other substances in Europe. Issues to be addressed are the present legal framework in Europe in relation to the national emission ceilings on NOX and other substances on the basis of relevant EU directives and UNECE protocols. The paper will discuss the extent to which the legal framework within the EU imposes constraints on the design of a national emission trading scheme, and what options are available to fit emission trading into that legislative structure. The NOX emission trading programme developed in the Netherlands will be used to demonstrate the various aspects in a European context.

  19. Emissions trading - background, responsibilities, outlook; Emissionshandel in Deutschland - Hintergrund, Aufgaben, Ausblick

    Energy Technology Data Exchange (ETDEWEB)

    Dettke, J. [DEKRA Umwelt GmbH (Germany)

    2006-07-01

    The introduction of emissions trading in Europe has imposed new demands on companies. Classified as power-intensive, the ceramics industry is directly affected by the European Directive 2003/87/EC on emissions trading. The related duties can be grouped as follows: application for the allocation of allowances - monitoring of emissions - reporting of emissions. Since laws on emissions trading were passed in a rush, there are a number of open issues that now begin to be solved jointly by companies, consultants and the competent authorities. However, a special focus should be put on financial and management aspects which have frequently been considered the environmental officer's exclusive responsibility. (orig.)

  20. Assessment of China's virtual air pollution transport embodied in trade by using a consumption-based emission inventory

    Science.gov (United States)

    Zhao, H. Y.; Zhang, Q.; Guan, D. B.; Davis, S. J.; Liu, Z.; Huo, H.; Lin, J. T.; Liu, W. D.; He, K. B.

    2015-05-01

    Substantial anthropogenic emissions from China have resulted in serious air pollution, and this has generated considerable academic and public concern. The physical transport of air pollutants in the atmosphere has been extensively investigated; however, understanding the mechanisms how the pollutant was transferred through economic and trade activities remains a challenge. For the first time, we quantified and tracked China's air pollutant emission flows embodied in interprovincial trade, using a multiregional input-output model framework. Trade relative emissions for four key air pollutants (primary fine particle matter, sulfur dioxide, nitrogen oxides and non-methane volatile organic compounds) were assessed for 2007 in each Chinese province. We found that emissions were significantly redistributed among provinces owing to interprovincial trade. Large amounts of emissions were embodied in the imports of eastern regions from northern and central regions, and these were determined by differences in regional economic status and environmental policy. It is suggested that measures should be introduced to reduce air pollution by integrating cross-regional consumers and producers within national agreements to encourage efficiency improvement in the supply chain and optimize consumption structure internationally. The consumption-based air pollutant emission inventory developed in this work can be further used to attribute pollution to various economic activities and final demand types with the aid of air quality models.

  1. Impacts on CO2 Emission Allowance Prices in China: A Quantile Regression Analysis of the Shanghai Emission Trading Scheme

    OpenAIRE

    Jie Zhang; Lu Zhang

    2016-01-01

    A pilot regional carbon emission trading scheme (ETS) has been implemented in China for more than two years. An investigation into the impacts of different factors on carbon dioxide (CO2) emission allowance prices provides guidance for price-making in 2017 when the nation-wide ETS of China will be established. This paper adopts a quantile regression approach to estimate the impacts of different factors in Shanghai emission trading scheme (SH-ETS), namely, economic growth, energy prices and te...

  2. Pricing Strategies under Emissions Trading - an experimental analysis

    Energy Technology Data Exchange (ETDEWEB)

    Wraake, Markus; Myers, Erica; Mandell, Svante; Holt, Charles; Burtraw, Dallas

    2008-10-15

    An important feature in the design of an emissions trading program is how emission allowances are initially distributed into the market. The choice between an auction and free allocation should, according to economic theory, not have any influence on the firms' production choices nor on consumer prices. However, many observers are still incredulous that firms should be expected to raise product prices to include the value of emissions allowances they receive for free. Throughout much of Europe and the U.S., energy markets have been deregulated or are in the process of moving toward market liberalization. If market behavior does not conform to predictions of behavior in a competitive market, this may say a great deal about the nature of market liberalization in energy markets as well as about the behavior of environmental markets. If firms are able to voluntarily moderate commodity prices to be below competitive levels, it suggests an ability of these entities to exercise market power or collude - even if this is motivated by a desire to hold back and not pass through the value of emissions allowances in product prices. This paper reports on the use of experimental methods to investigate behavior with respect to how prices will be determined under a cap-and-trade program. We find participants in the experiments employ various approaches. Some participants initially recognize the opportunity cost of emission allowances and included them in their economic choices regardless of how the allowances have been obtained, and other subjects initially do not. However, given a simple economic setting in which payoffs depend on this behavior, we find that subjects learn to consider the value of allowances and overall behavior moves toward that predicted by economic theory. The observations from the experiments may help to understand the ongoing public debate over the interaction of the EU ETS and energy markets. Emission allowance markets are a new phenomenon to many

  3. Developments in the emissions trading market 2009; Utvecklingen paa utslaeppsraettsmarknaden 2009

    Energy Technology Data Exchange (ETDEWEB)

    Bohnstedt, Sophie; Karlberg, Marie; Myrman, Johanna

    2010-07-01

    The Energy Agency has analyzed the development of emissions trading within the EU and globally in 2009. The analysis relates to larger events which mainly affected the prices and traded volumes during the year. The analysis includes the market for European emissions, markets for the project-based mechanisms, development of trade with the assigned emission units (AAUs), the unregulated market and developments in other trading in the world. The report is based on existing studies and monitoring of markets development during January to November 2009

  4. Multinational corporations and emissions trading. Strategic responses to new institutional constraints

    NARCIS (Netherlands)

    Pinkse, J.M.; Kolk, A.

    2007-01-01

    Although the Kyoto Protocol intended to implement emissions trading globally, this has so far been impossible. As a result, particularly Multinational Corporations (MNCs) currently face a wide variety of emissions trading schemes that differ in scope and enforcement, thus creating divergent levels

  5. Emission trading beyond Europe: linking schemes in a post-Kyoto world

    OpenAIRE

    Anger, Niels

    2006-01-01

    This paper assesses the economic impacts of linking the EU Emission Trading Scheme (ETS) to emerging schemes beyond Europe, in the presence of a post-Kyoto agreement in 2020. Simulations with a numerical multi-country model of the world carbon market show that linking the European ETS induces only marginal economic benefits: As trading is restricted to energy-intensive industries that are assigned generous initial emissions, the major compliance burden is carried by non-trading industries exc...

  6. Securing global trade through secure freight transportation : final report.

    Science.gov (United States)

    2009-12-16

    Given the increased probability of disruptions to global supply chains, and the significant impact these have on national and global economies, the problem is how to secure global trade. The concept of a global trade chain-of-custody has been develop...

  7. Optimal design methodologies under the carbon emission trading program using MIP, GA, SA, and TS

    Energy Technology Data Exchange (ETDEWEB)

    Sadegheih, A. [Department of Industrial Engineering, Yazd University (Iran, Islamic Republic of)

    2011-01-15

    In this paper, an adaptation of MIP, GA, SA, and TS to network planning under the carbon emission trading program is described and computational results are given. As will be shown, the results are very encouraging. The cost function of this problem consists of the capital investment cost in discrete form, the cost of transmission losses, the power generation costs and carbon emission costs. The optimization model has the ability to minimize the total costs and provides the best solutions, which are both cost-effective and environmentally friendly. This method of solution is demonstrated on the real problem. Finally, the performance of the proposed procedure is compared with that of the most well-known as mixed-integer programming. (author)

  8. Emissions and targets of greenhouse gases not included in the Emission Trading System 2013-2020

    Energy Technology Data Exchange (ETDEWEB)

    Verdonk, M.

    2011-06-15

    This report evaluates the European Commission's (EC) proposal to calculate Member States' targets for emissions not included in the Emission Trading System (ETS) (as announced in the so-called Effort Sharing Decision). The calculation procedures and data sources proposed by the EC have been used for calculating non-ETS emission targets for the Netherlands, for the years from 2013 to 2020. In order to compare results, an alternative approach also was introduced and evaluated. In this approach more transparent data sources were used. Furthermore, the report updates the emission forecast of non-ETS emission levels in the Netherlands, for 2020, and evaluates the consequences of excluding uncertainties related to monitoring from the (updated) emission forecast. It is concluded that, for the Netherlands, the non-ETS emission caps as proposed by the EC would result in an emission cap of 105 Mt CO2 equivalent by 2020. This is higher than in the alternative approach, which would result in a cap of 103 Mt CO2 equivalents. The difference is explained by the different data sources that were used. A drawback of the data sources used in the EC proposal is the lack of transparency of part of the data, which resulted in an additional uncertainty as not all issues could be verified. However, other Member States may not have similar data sources available, in case the EC decides to adopt the alternative approach. The calculated emission caps are to be considered as estimates based on the most recent (but sometimes uncertain) statistics. The EC will determine the definite caps by the end of 2012. Based on a 2010 forecast, and including both an updated division of emissions into ETS and non-ETS emissions and a revised methodology for calculating nitrous oxide emissions, we estimate that non-ETS emissions in the Netherlands would be 104 Mt CO2 equivalents by 2020, with an uncertainty range of between 96 and 112 Mt CO2 equivalents. It is our conclusion that non-ETS emission

  9. CH4 and N2O emissions embodied in international trade of meat

    Science.gov (United States)

    Caro, Dario; LoPresti, Anna; Davis, Steven J.; Bastianoni, Simone; Caldeira, Ken

    2014-11-01

    Although previous studies have quantified carbon dioxide emissions embodied in products traded internationally, there has been limited attention to other greenhouse gases such as methane (CH4) and nitrous oxide (N2O). Following IPCC guidelines, we estimate non-CO2 emissions from beef, pork and chicken produced in 237 countries over the period 1990-2010, and assign these emissions to the country where the meat is ultimately consumed. We find that, between 1990 and 2010, an average of 32.8 Mt CO2-eq emissions (using 100 year global warming potentials) are embodied in beef, pork and chicken traded internationally. Further, over the 20 year period, the quantity of CO2-eq emissions embodied in traded meat increased by 19%. The largest trade flows of emissions embodied in meat were from Brazil and Argentina to Russia (2.8 and 1.4 Mt of CO2-eq, respectively). Trade flows within the European region are also substantial: beef and pork exported from France embodied 3.3 Mt and 0.4 Mt of CO2-eq, respectively. Emissions factor of meat production (i.e. CO2-eq emissions per kg of meat) produced depend on ambient temperature, development level, livestock category (e.g. cattle, pork, and chicken) and livestock management practices. Thus, trade may result in an overall increase of GHG emissions when meat-consuming countries import meat from countries with a greater emissions intensity of meat production rather than producing the meat domestically. Comparing the emissions intensity of meat production of trading partners, we assess trade flows according to whether they tend to reduce or increase global emissions from meat production.

  10. Incentives for energy efficiency in the EU emission trading scheme

    Energy Technology Data Exchange (ETDEWEB)

    Schleich, Joachim [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany); Virginia Polytechnic Inst. and State Univ., Blacksburg, VA (United States); Rogge, Karoline [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany); ETH Zurich (Switzerland). Group for Sustainability and Technology; Betz, Regina [New South Wales Univ. (Australia). Centre for Energy and Environmental Markets

    2008-07-01

    This paper explores the incentives for energy efficiency induced by the European Union Emissions Trading Scheme (EU ETS) for installations in the energy and industry sectors. Our analysis of the National Allocation Plans for 27 EU Member States for phase 2 of the EU ETS (2008-2012) suggests that the price and cost effects for improvements in carbon and energy efficiency in the energy and industry sectors will be stronger than in phase 1 (2005-2007), but only because the European Commission has substantially reduced the number of allowances to be allocated by the Member States. To the extent that companies from these sectors (notably power producers) pass through the extra costs for carbon, higher prices for allowances translate into stronger incentives for demand- side energy efficiency. With the cuts in allocation to energy and industry sectors these will be forced to greater reductions, thus the non-ET sectors like household, tertiary and transport will have to reduce less, which is more in line with the cost-efficient share of emission reductions. The findings also imply that domestic efficiency improvements in the energy and industry sectors may remain limited since companies can make substantial use of credits from the Kyoto mechanisms. The analysis of the rules for existing installations, new projects and closures suggests that incentives for energy efficiency are higher in phase 2 than in phase 1 because of the increased application of benchmarking to new and existing installations and because a lower share of allowances will be allocated for free. Nevertheless, there is still ample scope to further improve the EU ETS so that the full potential for energy efficiency can be realized. (orig.)

  11. Emissions trading and compliance: Regulatory incentives and barriers

    Energy Technology Data Exchange (ETDEWEB)

    South, D.W.; Bailey, K.A. (Argonne National Lab., IL (United States)); McDermott, K.A. (Illinois State Univ., Normal, IL (United States). Center for Regulatory Studies)

    1992-01-01

    The Title IV of the Clean Air Act Amendments of 1990 (P.L. 101-549) authorizes the use of transferable emission allowances to achieve reductions in the power generating industry's SO{sub 2} emissions at a minimum possible cost. All electricity generators (greater than 25 MW) are required to hold emissions allowances equal to the amount (tons) of SO{sub 2} emitted during a given year, and meet NO{sub x} reduction levels indicated by the Revised New Source Performance Standards (NSPS). This paper will examine the multifaceted goals and problems of states and utilities relative to compliance with Title IV, and in particular as they pertain to the development and functioning of the allowance market together with utility pollution control and power generation technology choice. Section 2 presents possible utility compliance strategies along with possible barriers that utilities may confront regarding the development of a SO{sub 2} allowance market. Section 3 discusses current regulatory barriers and requirements being implemented by state public utility commissions, and Section 4 offers some policy recommendations to achieve the goals of Title IV. Finally, Section 5 presents a summary and conclusions; Appendix A provides programs/mandates developed to data by high sulfur coal states in response to Title IV compliance requirements.

  12. Emissions trading and compliance: Regulatory incentives and barriers

    Energy Technology Data Exchange (ETDEWEB)

    South, D.W.; Bailey, K.A. [Argonne National Lab., IL (United States); McDermott, K.A. [Illinois State Univ., Normal, IL (United States). Center for Regulatory Studies

    1992-04-01

    The Title IV of the Clean Air Act Amendments of 1990 (P.L. 101-549) authorizes the use of transferable emission allowances to achieve reductions in the power generating industry`s SO{sub 2} emissions at a minimum possible cost. All electricity generators (greater than 25 MW) are required to hold emissions allowances equal to the amount (tons) of SO{sub 2} emitted during a given year, and meet NO{sub x} reduction levels indicated by the Revised New Source Performance Standards (NSPS). This paper will examine the multifaceted goals and problems of states and utilities relative to compliance with Title IV, and in particular as they pertain to the development and functioning of the allowance market together with utility pollution control and power generation technology choice. Section 2 presents possible utility compliance strategies along with possible barriers that utilities may confront regarding the development of a SO{sub 2} allowance market. Section 3 discusses current regulatory barriers and requirements being implemented by state public utility commissions, and Section 4 offers some policy recommendations to achieve the goals of Title IV. Finally, Section 5 presents a summary and conclusions; Appendix A provides programs/mandates developed to data by high sulfur coal states in response to Title IV compliance requirements.

  13. Zero-emission vehicle technology assessment. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Woods, T.

    1995-08-01

    This is the final report in the Zero-Emission Vehicle (ZEV) Technology Assessment, performed for NYSERDA by Booz-Allen & Hamilton Inc. Booz-Allen wrote the final report, and performed the following tasks as part of the assessment: assembled a database of key ZEV organizations, their products or services, and plans; described the current state of ZEV technologies; identified barriers to widespread ZEV deployment and projected future ZEV technical capabilities; and estimated the cost of ZEVs from 1998 to 2004. Data for the ZEV Technology Assessment were obtained from several sources, including the following: existing ZEV industry publications and Booz-Allen files; major automotive original equipment manufacturers; independent electric vehicle manufacturers; battery developers and manufacturers; infrastructure and component developers and manufacturers; the U.S. Department of Energy, the California Air Resources Board, and other concerned government agencies; trade associations such as the Electric Power Research Institute and the Electric Transportation Coalition; and public and private consortia. These sources were contacted by phone, mail, or in person. Some site visits of manufacturers also were conducted. Where possible, raw data were analyzed by Booz-Allen staff and/or verified by independent sources. Performance data from standardized test cycles were used as much as possible.

  14. The Adaptation Law for emissions trading. Part 2. A level playing field for emissions trading?; De Aanpassingswet handel in emissierechten. Deel 2. Een level playing field voor emissiehandel?

    Energy Technology Data Exchange (ETDEWEB)

    Simonetti, S. [Praktijkgroep Energy and Carbon, De Brauw Blackstone Westbroek, Amsterdam (Netherlands)

    2010-05-15

    To supplement, clarify and simplify the regulations for emission trading, the Amendment Act emission trading II was submitted to the Dutch Lower Chamber end of 2009. This article discusses the pending bill and comments on a number of remarkable stipulations that may be important to the market parties. First a brief overview is provided of the basic principles of emission trading and the players in the CO2 market. [Dutch] Ter 'aanvulling, verduidelijking en vereenvoudiging' van de regelgeving m.b.t. emissiehandel werd eind 2009 bij de Tweede Kamer de Aanpassingswet handel in emissierechten II ingediend. Dit artikel bespreekt het hangende wetsvoorstel en plaatst kanttekeningen bij een aantal opmerkelijke bepalingen die voor marktpartijen van belang kunnen zijn. Eerst wordt een kort overzicht gegeven van de basisprincipes van emissiehandel en de spelers op de CO2-markt.

  15. Impact of Carbon Quota Allocation Mechanism on Emissions Trading: An Agent-Based Simulation

    Directory of Open Access Journals (Sweden)

    Wei Jiang

    2016-08-01

    Full Text Available This paper establishes an agent-based simulation system of the carbon emissions trading in accordance with the complex feature of the trading process. This system analyzes the impact of the carbon quota allocation mechanism on emissions trading for three different aspects including the amount of emissions reduction, the economic effect on the emitters, and the emissions reduction cost. Based on the data of the carbon emissions of different industries in China, several simulations were made. The results indicate that the emissions trading policy can effectively reduce carbon emissions in a perfectly competitive market. Moreover, by comparing separate quota allocation mechanisms, we obtain the result that the scheme with a small extent quota decrease in a comprehensive allocation mechanism can minimize the unit carbon emission cost. Implementing this scheme can also achieve minimal effects of carbon emissions limitation on the economy on the basis that the environment is not destroyed. However, excessive quota decrease cannot promote the emitters to reduce emission. Taking into account that several developing countries have the dual task of limiting carbon emissions and developing the economy, it is necessary to adopt a comprehensive allocation mechanism of the carbon quota and increase the initial proportion of free allocation.

  16. 75 FR 81484 - Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and Trading of...

    Science.gov (United States)

    2010-12-28

    ... From the Federal Register Online via the Government Publishing Office ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 52 Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and... Banking and Trading of Allowances (EBTA) Program. The EBTA Program establishes a cap and trade program to...

  17. Photochemical modeling of emissions trading of highly reactive volatile organic compounds in Houston, Texas. 1. Reactivity based trading and potential for ozone hot spot formation.

    Science.gov (United States)

    Wang, Linlin; Thompson, Tammy; McDonald-Buller, Elena C; Webb, Alba; Allen, David T

    2007-04-01

    As part of the State Implementation Plan for attaining the National Ambient Air Quality Standard for ozone, the Texas Commission of Environmental Quality has created a Highly Reactive Volatile Organic Compounds (HRVOC) Emissions Cap and Trade Program for industrial point sources in the Houston/Galveston/Brazoria area. This program has a number of unique features, including its focus on a limited group of ozone precursors and its provisions for trading emissions based on atmospheric reactivity. This series of papers examines the potential air quality impacts of this new emission trading program through photochemical modeling of potential trading scenarios; this first paper in the series describes the air quality modeling methods used to assess potential trades, the potential for localized increases in ozone concentrations (ozone "hot spots") due to HRVOC emission trading, and the use of reactivity scales in the trading. When HRVOC emissions are traded on a mass basis, the simulations indicate that trading of HRVOC allowances between facilities resulted in less than 0.15 ppb (ozone concentrations, respectively. Maximum decreases in ozone concentrations associated with trading, as opposed to across-the-board reductions, were larger than the increases. All of these changes are small compared to the maximum changes in ozone concentrations due to the VOC emissions from these sources (up to 5-10 ppb for 8 h averages; up to 30 ppb for 1-h averages). When emissions of HRVOCs are traded for other, less reactive emissions, on a reactivity weighted basis, air quality simulations indicate that daily maximum ozone concentrations increased by less than 0.3%. Because these relatively small changes (ozone concentrations (all emissions traded into localized regions), the simulations indicate that the implementation of the trading program, as currently configured and possibly expanded, is unlikely to cause localized increases in ozone concentrations ("hot spots").

  18. Assessment of China's virtual air pollution transport embodied in trade by a consumption-based emission inventory

    Science.gov (United States)

    Zhao, H. Y.; Zhang, Q.; Davis, S. J.; Guan, D.; Liu, Z.; Huo, H.; Lin, J. T.; Liu, W. D.; He, K. B.

    2014-10-01

    High anthropogenic emissions from China have resulted in serious air pollution, and it has attracted considerable academic and public concern. The physical transport of air pollutants in the atmosphere has been extensively investigated, however, understanding the mechanisms how the pollutants were transferred through economic and trade activities remains challenge. In this work, we assessed China's virtual air pollutant transport embodied in trade, by using consumption-based accounting approach. We first constructed a consumption-based emission inventory for China's four key air pollutants (primary PM2.5, sulfur dioxide (SO2), nitrogen oxides (NOx) and non-methane volatile organic compounds (NMVOC)) in 2007, based on the bottom-up sectoral emission inventory concerning their production activities - a production-based inventory. We used a multiregional input-output (MRIO) model to integrate the sectoral production-based emissions and the associated economic and trade activities, and finally obtained consumption-based inventory. Unlike the production-based inventory, the consumption-based inventory tracked emissions throughout the supply chain related to the consumption of goods and services and hereby identified the emission flows followed the supply chains. From consumption-based perspective, emissions were significantly redistributed among provinces due to interprovincial trade. Large amount of emissions were embodied in the net imports of east regions from northern and central regions; these were determined by differences in the regional economic status and environmental policies. We also calculated the emissions embodied in exported and imported goods and services. It is found that 15-23% of China's pollutant emissions were related to exports for foreign consumption; that proportion was much higher for central and export-oriented coastal regions. It is suggested that measures should be introduced to reduce air pollution by integrating cross-regional consumers

  19. The market effectiveness of electricity reform: A case of carbon emissions trading market of Shenzhen city

    Science.gov (United States)

    Wang, Yongli; Wang, Gang; Zuo, Yi; Fan, Lisha; Xiao, Yao

    2017-03-01

    In the 13th Five-Year Plan, the Chinese government proposed to achieve the national carbon emission trading market established by 2017. The establishment of carbon emission trading market is the most important one in power reform, which helps to promote the power reform and achieve the goal of energy saving and emission reduction. As the bond of connecting environment energy issues and the economic development, carbon emissions trading market has become a hot research topic in the related fields, by market means, it incentive the lower cost subject emissions to undertake more reductions and therefore to benefit, the body of the high cost finished the task by buying quota reduction, to achieve the effect of having the least social total cost. Shenzhen has become the first city in China to start carbon trading pilot formally on June 16, 2013, online trading on June 18. The paper analyzes the market effectiveness of electricity reform in China, which takes carbon emissions trading market of Shenzhen city for example, and gives some suggestions for future development.

  20. Statistical regularities of Carbon emission trading market: Evidence from European Union allowances

    Science.gov (United States)

    Zheng, Zeyu; Xiao, Rui; Shi, Haibo; Li, Guihong; Zhou, Xiaofeng

    2015-05-01

    As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we analyzed the price fluctuations of the European Union allowances (EUA) futures in European Climate Exchange (ECX) market from 2007 to 2011. The symmetric and power-law probability density function of return time series was displayed. We found that there are only short-range correlations in price changes (return), while long-range correlations in the absolute of price changes (volatility). Further, detrended fluctuation analysis (DFA) approach was applied with focus on long-range autocorrelations and Hurst exponent. We observed long-range power-law autocorrelations in the volatility that quantify risk, and found that they decay much more slowly than the autocorrelation of return time series. Our analysis also showed that the significant cross correlations exist between return time series of EUA and many other returns. These cross correlations exist in a wide range of fields, including stock markets, energy concerned commodities futures, and financial futures. The significant cross-correlations between energy concerned futures and EUA indicate the physical relationship between carbon emission and energy production process. Additionally, the cross-correlations between financial futures and EUA indicate that the speculation behavior may become an important factor that can affect the price of EUA. Finally we modeled the long-range volatility time series of EUA with a particular version of the GARCH process, and the result also suggests long-range volatility autocorrelations.

  1. A quadranomial real options model for evaluation of emissions trading and technology

    Science.gov (United States)

    Sarkis, Joseph; Tamarkin, Maurry

    2005-11-01

    Green house gas (GHG) emissions have been tied to global climate change. One popular policy instrument that seems to have gained credibility with explicit mention of its application in the Kyoto Protocol is the use of permit trading and cap-and-trade mechanisms. Organizations functioning within this environment will need to manage their resources appropriately to remain competitive. Organizations will either have the opportunity to purchase emissions credits (offsets) from a market trading scheme or seek to reduce their emissions through different measures. Some measures may include investment in new technologies that will reduce their reliance on GHG emitting practices. In many countries, large organizations and institutions generate their own power to operate their facilities. Much of this power is generated (or bought) from GHG producing technology. Specific renewable energy sources such as wind and solar photovoltaic technology may become more feasible alternatives available to a large percentage of these organizations if they are able to take advantage and incorporate the market for GHG emissions trading in their analyses. To help organizations evaluate investment in these renewable energy technologies we introduce a real options based model that will take into consideration uncertainties associated with the technology and those associated with the GHG trading market. The real options analysis will consider both the stochastic (uncertainty) nature of the exercise price of the technology and the stochastic nature of the market trading price of the GHG emissions.

  2. Impacts of the EU emissions trading scheme on the industrial competitiveness in Germany

    Energy Technology Data Exchange (ETDEWEB)

    Graichen, Verena; Schumacher, Katja; Matthes, Felix C.; Mohr, Lennart [Oeko Institut e.V., Berlin (Germany); Duscha, Vicky; Schleich, Joachim [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany); Diekmann, Jochen [DIW, Berlin (Germany)

    2008-09-15

    The authors of the contribution under consideration present a discussion of methods, and provide empirical results for the analysis of effects of the EU Emissions Trading Scheme on product costs and subsequent impacts on international competitiveness. The discussion shows that the combination of intensity of trade indicators and value at stake indicators reveals meaningful results that allow assessing the potential for distortion in competitiveness by the EU Emissions Trading Schemes. The analysis of trade intensities and value at stake showed that a small number of sectors may in fact be exposed to distortions in competitiveness due to both high trade intensity and high value at stake. For Germany, these include 'basic iron and steel', 'fertilizers and nitrogen compounds', 'paper and paperboard', 'aluminium and aluminium products' and 'other basic inorganic chemicals'. A number of other sectors reveal a high intensity of trade but low value at stake which implies that the increase in product costs due to the EU Emissions Trading Scheme is relatively small and negative effects on competitiveness may not be likely. For the sectors that reveal high values at stake and high trade intensities, market positions are likely to change under the EU Emissions Trading system due to increased production costs and high exposure to international competition. When deciding on which sectors are highly exposed to possible distortions in competitiveness and which measures should be implemented to address competitiveness and leakage it should be kept in mind that CO{sub 2} costs are only one of multiple factors affecting companies' production and investment decisions. Other factors that may deserve detailed investigation include product differentiation and market segmentation within a sector (including specialty products), close cooperation with domestic/European partners and intrafirm trade, differences across countries in the

  3. 75 FR 69909 - Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and Trading of...

    Science.gov (United States)

    2010-11-16

    ... From the Federal Register Online via the Government Publishing Office ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 52 Approval and Promulgation of Implementation Plans; Texas; Emissions Banking and... (SIP) that create and amend the Emissions Banking and Trading of Allowances (EBTA) Program. The EBTA...

  4. Implementing the Kyoto protocol : why JI and CDM show more promise than international emissions trading

    NARCIS (Netherlands)

    Woerdman, E.

    The Kyoto protocol allows developed countries to achieve cost-effective greenhouse gas emission reductions abroad by means of international emissions trading (IET), joint implementation (JI) and the clean development mechanism (CDM). The article argues that JI and CDM projects will be more

  5. Contrasting emission trading in the EU and China: An exploration of the role of the courts

    NARCIS (Netherlands)

    Peeters, Marjan; Chen, Huizhen; Li, Zhiping

    2016-01-01

    China and the EU have both engaged in formulating climate laws in order to contribute to a global reduction of greenhouse gas emissions. The focus of both is on emission trading. This instrument is designed and implemented according to very different political and legal systems in China and the EU.

  6. Developing a strategic framework for an airline dealing with the EU emission trading scheme

    NARCIS (Netherlands)

    Van Hasselt, M.; Van der Zwan, F.; Ghijs, S.; Santema, S.

    2009-01-01

    The European Commission has decided that the aviation sector will be included in the EU Emission Trading Scheme (ETS) in 2012. This has significant impacts on the business and the strategy of airlines. All of a sudden, airlines must possess emission rights in order to be able to operate their

  7. Carbon Emission Trading. A survey of regional and national emission trading schemes outside the European Union; Handel med utslaeppsraetter. Kartlaeggning av EU-externa regionala och nationella system foer handel med koldioxidutslaepp

    Energy Technology Data Exchange (ETDEWEB)

    Widegren, Karin

    2007-03-15

    For those countries that ratified the Kyoto Protocol this is naturally one of the most important incentives for the introduction of mandatory measures such as emissions trading schemes. At the same time, there are major similarities between the political discussions in countries that ratified the Kyoto Protocol and countries that did not. In all countries there is a great interest in market-based regulation such as emissions trading, at the same time as the political difficulties in achieving unity on the limits and shaping of the systems are very substantial. In countries with a federal government, operators at the regional level frequently have a prominent role. The driving force for the regional players is frequently a desire to influence the federal policy from below at the same time as goodwill is created and a learning process is developed that may become a competitive advantage the day a federal system is introduced. Regional initiatives and the introduction of different voluntary programs for emissions trading have also contributed to an increased interest on the part of industry and industrial operators. They have in several cases actively participated in the design of such programs. When it comes to the operational status of the different schemes none of the studied countries is expected to have a nationally compulsory trading system in operation prior to 2010. Most initiatives are at the initial stage and have been delayed many times on account of significant administrative and political difficulties. It may be established that as regards market volume, liquidity and practical experiences EU ETS is in a class of its own. The most common trading system that is planned or debated is of the type 'cap and trade'. Systems focus almost without exception on the energy sector and on emissions of carbon dioxide. Frequently, proposals include a wide variety of approved emission credits (offset). The design of these emission credits often reflects other

  8. Climate protection and emission trading in the agriculture; Klimaschutz und Emissionshandel in der Landwirtschaft

    Energy Technology Data Exchange (ETDEWEB)

    Luenenbuerger, Benjamin

    2013-01-15

    The percentage of the agriculture in the greenhouse-gas emissions in Germany amounts 7.1% in the year 2010. Despite its importance, climate protection instruments in the area of the German agriculture are still not developed. There are hardly special regulatory, informational or market-based instruments for the climate protection in the agriculture. The question arises whether the emission trading can be a suitable instrument for climate protection in the agriculture. Thus, the opportunities of the emission trading in the agriculture are investigated. Moreover, alternative and additional instruments of climate protection are considered with respect to the agriculture.

  9. Evaluation of Alternative Initial Allocation Mechanisms in a European Union Greenhouse Gas Emissions Allowance Trading Scheme

    Energy Technology Data Exchange (ETDEWEB)

    Harrison, D. Jr.; Radov, D.

    2002-03-01

    This report is intended to provide background to assist Member States and the European Commission in determining the allocation mechanism to use in conjunction with the Commission's proposed emissions trading programme for carbon dioxide (CO2) and other greenhouse gases (GHG). The Commission in October 2001 adopted a major package of initiatives to combat climate change. This package includes a proposed Directive on GHG emission trading as well as a proposal for the EC to ratify the Kyoto Protocol and a Communication setting out further methods for reducing greenhouse gas emissions beyond the Directive on emissions trading. The proposed Directive provides the structure for an internal European Union (EU) trading programme. As noted by the Commission, emissions trading will reduce the cost of emission reductions by encouraging these reductions to be made where they are least costly, while at the same time achieving a pre-determined emission reduction from the activities covered by the trading programme. The proposed Directive is designed to provide a EU-wide cap-and-trade market for GHG emissions at various downstream plant-level sources that is free of distortions that might arise from separate Member State emissions trading schemes. An important element left to Member States (with approval by the Commission) is the initial allocation of allowances (i.e., rights to emit a tonne of CO2 or other GHG). Initial allocations provide the starting points for cost-reducing trades among facilities covered by the cap-and-trade programme. Setting the initial allocation typically has been one of the most contentious issues in developing a workable cap-and-trade programme. Based on the results of a recent study conducted for the Commission to assess the costs of reducing greenhouse gas emissions, the total value of the allowances covered by the programme would be nearly 30 billion euro annually (substantially greater than the estimated control costs of 3.7 billion - 7

  10. EU emissions trading. The need for cap adjustment in response to external shocks and unexpected developments?

    Energy Technology Data Exchange (ETDEWEB)

    Diekmann, Jochen [DIW, Berlin (Germany)

    2012-11-15

    In this paper the advantages and disadvantages of the various adaptation options will be discussed from an economic perspective. Firstly, the criteria for identifying a need for potentially legitimate adaptation should be investigated. Furthermore, the issue of appropriate timely intervention points prior to or within the trading period will be discussed. In what periods and scenarios are adjustments to the cap worthwhile from an economic perspective? To what extent could minimum prices or price ranges make sense? What role could a strategic reserve play? By addressing these issues, it will be fundamentally discussed as to how the emissions trading scheme could be further developed and strengthened by greater flexibility. After a brief characterisation of emissions trading in theory and practice in Chapter 2, Chapter 3 will identify potential external shocks and unexpected developments which may impair the functioning of an emissions trading scheme. The current problems of cap setting for the third trading period of the EU ETS will be described in Chapter 4. Against this background, cap adjustments will be discussed in Chapter 5, minimum and maximum prices in Chapter 6 and strategic reserves in emissions trading in Chapter 7. The conclusions are summarised in Chapter 8.

  11. European union emissions trading system with regard to climate change mitigation in Latvia

    Science.gov (United States)

    Pruse, Ilze

    2012-11-01

    The goal of this paper is to analyse the volumes of greenhouse gas (GHG) emissions from the European Union Emissions Trading System's (EU ETS) participants in Latvia in relation to their participation therein. After describing and discussing the EU ETS mechanism and its operation in Latvia in the period 2005-2010, the interconnectedness between the GHG emissions and the EU ETS participants' operation is analysed. The analysis concludes that, although the EU ETS has contributed towards GHG emission reduction, due to the growth of the economy, overall GHG emissions from the EU ETS participants in Latvia are increasing.

  12. Limiting overselling in international emissions trading 1: Costs and environmental impacts of alternative proposals

    Energy Technology Data Exchange (ETDEWEB)

    Haites, E.; Missfeldt, F.

    2002-07-01

    Emission trading allows a country with an emission limitation commitment, an Annex B Party, to sell parts of its assigned amount (AAUs) to other Annex B Parties. If the seller subsequently does not have sufficient AAUs to cover its actual emissions it will be subject to the penalties for non-compliance. The revenue from the sale of AAUs may exceed the sanctions for non-compliance if these penalties are weak or difficult to enforce. Under these circumstances emission trading enables a country to benefit financially through non-compliance. Liability proposals seek to ensure that non-compliance is not rewarded, by limiting sales of AAUs to amounts surplus to the seller's compliance needs. This study develops and applies a model to assess the performance of different liability proposals. A simple model based on the Emissions Projection and Policy Analysis (EPPA) model of the Massachusetts Institute of Technology is used for the analysis. (BA)

  13. Potential impact of (CET) carbon emissions trading on China’s power sector: A perspective from different allowance allocation options

    DEFF Research Database (Denmark)

    Cong, Ronggang; Wei, Yi-Ming

    2010-01-01

    impact are unknown to us. This paper studies the potential impact of introduction of CET on China’s power sector and discusses the impact of different allocation options of allowances. Agent-based modeling is one appealing new methodology that has the potential to overcome some shortcomings...... solar power generation in particular develops significantly, with final proportion increasing by 14%. (3) Emission-based allocation brings about both higher electricity and carbon prices than by output-based allocation which encourages producers to be environmentally friendly. Therefore, output......In Copenhagen climate conference China government promised that China would cut down carbon intensity 40–45% from 2005 by 2020. CET (carbon emissions trading) is an effective tool to reduce emissions. But because CET is not fully implemented in China up to now, how to design it and its potential...

  14. Trade and the Future of China's Black Carbon Emissions

    Science.gov (United States)

    Persad, G.; Oppenheimer, M.; Naik, V.

    2016-12-01

    Emissions of black carbon aerosols in China have increased by over 200% during the last 50 years, with negative implications both for human health and for regional and global climate. The Representative Concentration Pathway (RCP) emissions scenarios all assume that China's future black carbon emissions will decrease. However, this decline partially depends on the assumption that the evolution of future pollutant emissions in developing nations will match the observed historical relationship between air quality and income in developed nations. Recent research has demonstrated that a substantial portion of China's current black carbon emissions are driven by the production of goods exported for consumption elsewhere. This constitutes an external demand for black carbon-emitting activity in China that is much smaller in the developed nations on which the historical air quality/income relationship is based. We here show using integrated assessment model output, general circulation modeling, and emissions and economic data that (1) China must achieve a faster technological and regulatory evolution than did developed countries in order achieve the same air quality/income trajectory; (2) China's uniquely large share of export-related black carbon-emitting activities and their potential growth are a plausible explanation for this disparity; and (3) the climate and health implications of these export-related black carbon emissions, if unmitigated, are of interest from a policy perspective. Together these results indicate that the production of goods for export will steepen the mitigation curve for China relative to developed nations, if China is to achieve the future black carbon emissions reductions assumed in the RCPs.

  15. International trade and CO{sub 2} emissions; International handel og CO{sub 2}-udledning

    Energy Technology Data Exchange (ETDEWEB)

    Munksgaard, J.; Pade, L.L. [AKF, Copenhagen (Denmark); Lenzen, M. [Univ. of Sydney (Australia)

    2005-04-01

    International trade has an impact on national CO{sub 2} emissions and consequently on the ability to fulfil national CO{sub 2} reduction targets. Through goods and services traded in a globally interdependent world, the consumption in each country is linked to greenhouse gas emissions in other countries. It has been argued that in order to achieve equitable reduction targets, international trade has to be taken into account when assessing nations' responsibility for abating climate change. Especially for open economies such as Denmark, greenhouse gases embodied in international traded commodities can have a considerable influence on the national greenhouse gas responsibility. Founded in the concepts of 'producer CO{sub 2} responsibility', 'consumer CO{sub 2} responsibility' and 'CO{sub 2} trade balance' the aim of the present study has been to develop the single-region input-output model as used in a previous study into a multi-region input-output model in order to get a more realistic description of the production technologies actually used in the countries of imports. The study concludes that trade is the key to define CO{sub 2} responsibility on macroeconomics level and that imports should be founded in a multi-region model approach. The study also points at the need to consider the impact from foreign trade when negotiating national reduction targets and base line scenarios within the context of international climate agreements. (BA)

  16. Proposed global trading schemes for ocean disposal of greenhouse gas emissions

    Energy Technology Data Exchange (ETDEWEB)

    Nove, J.E.

    2000-07-01

    Current levels of climate change compared to those existing over the last 15000 years show that a major event has and is occurring. Such a major event requires major reductions in greenhouse emissions. This paper sets a policy framework for a transition between our current growth lifestyle and our desire for sustainability. Disposal of greenhouse gas emissions into select ocean locations and issuing carbon trading rights are consequently recommended. This paper concludes that UNESCO needs to be appointed the authority to control ocean disposal and the resulting trading in environmental credits. UNICEF needs to be appointed to the task of environmental education of future generations of children.

  17. International trade and carbon emissions: The role of Chinese institutional and policy reforms.

    Science.gov (United States)

    Andersson, Fredrik N G

    2018-01-01

    The carbon dioxide embodied in Chinese exports to developed countries increased rapidly from 1995 to 2008. We test the extent to which institutional reforms in China can explain this increase. We focus on five areas of reforms: trade liberalization, environmental institutions, legal and property rights, institutional risk and exchange rate policy. Our results show that trade liberalization, weak environmental institutions, exchange rate policy, and legal and property rights affect emissions. Our results also indicate that the lack of reform in the utilities sector is an important factor in the rapid increase in embodied emissions. Copyright © 2017 Elsevier Ltd. All rights reserved.

  18. The Optimization Model for Interregional Power System Planning considering Carbon Emissions Trading and Renewable Energy Quota Mechanism

    Directory of Open Access Journals (Sweden)

    Liwei Ju

    2016-01-01

    Full Text Available In China, the rapid construction of ultra-high-voltage (UHV transmission lines promotes interregional resource optimizing configuration and interregional power system planning. This paper analyzes external environment of interregional power system planning from geographical, technical, and policy environments. Then, the paper takes the minimum system investment cost as the optimization objective and constructs the optimization model of interregional power system planning considering carbon emissions trading (CET and renewable energy quota mechanism (REQ. Finally, this paper sets base scenario, carbon emissions trading scenario, renewable energy quota mechanism scenario, and comprehensive scenario for case simulation. The results show that interregional power system planning could connect power grids in different regions, enlarge wind power consumption space, and relieve the inconformity problem between power resource and load demand. CET and REQ can increase the installed proportion of clean energy and reduce carbon dioxide emissions, but the cost of transmission lines construction and system reserve will increase correspondingly. The optimization effect of REQ on power system planning is better than CET. When they are both introduced, the power structure will reach the best, carbon dioxide emissions will achieve the minimum, and comprehensive benefits will become more balanced.

  19. EPA`s new emissions trading mechanism: A laboratory evaluation

    Energy Technology Data Exchange (ETDEWEB)

    Cason, T.N. [Univ. of Southern California, Los Angeles, CA (United States); Plott, C.R. [California Inst. of Technology, Pasadena, CA (United States)

    1996-03-01

    The centerpiece of the acid rain control program in the Clean Air Act Amendments of 1990 is a system of tradable emission permits. Utilities must hold permits to emit sulfur dioxide, and the number of available permits will decline over time to reduce total emissions. This paper reports 12 laboratory markets that investigate trader behavior in this new institution and evaluate its performance relative to the more commonly observed uniform price call mmarket The uniform price version is found to be more efficient, induces more truthful revelation of underlying values and costs, provides more accurate price information, and is more responsive to and recovers more quickly from changes in the underlying market conditions.

  20. Emissions trading within the international air transport. An empirical analysis on the economic effects on selected air lines; Emissionshandel im internationalen Luftverkehr. Eine empirische Analyse der oekonomischen Effekte auf ausgewaehlte Fluggesellschaften

    Energy Technology Data Exchange (ETDEWEB)

    Scheelhaase, J.; Grimme, W. [DLR Deutsches Zentrum fuer Luft- und Raumfahrt e.V. (Germany)

    2007-07-01

    The European Commission plans to integrate international aviation into the European Emissions Trading System (EUETS). This paper outlines first how international aviation could be included in existing emissions trading schemes in principle. It continues with an empirical, model-based estimation of the impacts on operating costs and transport demand for low cost carriers and full service airlines considering Ryanair and Lufthansa as example under three different design options for an emissions trading scheme. Finally, conclusions on the impacts on airline competition within Europe and with carriers from other continents are drawn. (orig.)

  1. The future European Emission Trading Scheme and its impact on biomass use

    Energy Technology Data Exchange (ETDEWEB)

    Schwaiger, H.; Tuerk, A.; Pena, N. [JOANNEUM RESEARCH Forschungsgesellschaft mbH/Institute of Energy Research, Elisabethstrasse 5, 8010 Graz (Austria); Sijm, J. [ECN Energy Research Centre of the Netherlands, Amsterdam Office, Radarport Building, Radarweg 60, NL - 1043 NT Amsterdam (Netherlands); Arrasto, A. [VTT Technical Research Centre of Finland, P.O. Box 1000, FI-02044 VTT (Finland); Kettner, C [Austrian Institute of Economic Research, Arsenal Objekt 20, 1030 Vienna (Austria)

    2012-03-15

    Based on research carried out within the NoE, this paper assesses possible impacts of changes to the European Emission Trading Scheme on solid and the possible future inclusion of liquid biomass use in the EU. Based on these assessments, recommendations are outlined for optimising support for solid and liquid biofuels. In December 2008 the European Council agreed on the European Energy and Climate Package. This agreement contains fundamental changes to the European Emission Trading Scheme (EU-ETS), which started in 2005. With some exceptions, emissions allowances in the power sector will be auctioned starting with the third trading period of the scheme in 2013. This may have significant impacts on the sector's fuel mix and investment decisions. To the extent to which the EU-ETS results in a price on CO2 emissions, it increases the competitiveness of low carbon fuels. Under current regulations no CO2 emissions are attributed to combustion of biomass, thus it functions as a zero-carbon fuel. The paper shows that while the use of biomass is already viable under CO2 prices that have been reached within the EU-ETS, investments in new biomass plants need a higher price level as well as more stable prices, conditions which cannot be predicted with any confidence. The road transport sector, which has significant scope to increase its use of biofuels is currently not part of the EU-ETS, and will not be included in the third trading period which begins in 2013 but may be included later. The likely consequences of including transportation fuels under the EU-ETS are considered as well as options which involve separate trading schemes for liquid biofuels. The paper also reviews other trading mechanisms which might serve as more effective vehicles for increasing the share of liquid biofuels, taking sustainability issues into account.

  2. Assessment of emission trading impacts on competitive electricity market price

    DEFF Research Database (Denmark)

    Singh, S.N.; Saxena, D.; Østergaard, Jacob

    2011-01-01

    Purpose - Besides organizational changes in the electricity supply industry there are growing concerns about environmental issues derived from the Kyoto Protocol for the reduction of greenhouse gas emissions as well as promoting renewable energies. The purpose of this paper is to address the sour...

  3. Trade, production fragmentation, and China's carbon dioxide emissions

    NARCIS (Netherlands)

    Dietzenbacher, Erik; Pei, Jiansuo; Yang, Cuihong

    An input-output framework is adopted to estimate China's carbon dioxide (CO2) emissions as generated by its exports in 2002. More than one half of China's exports are related to international production fragmentation. These processing exports generate relatively little value added but also

  4. How to include farmers in the emission trading system?

    DEFF Research Database (Denmark)

    Svendsen, Gert Tinggaard

    2011-01-01

    The EU has committed itself to an ambitious 20 % reduction of greenhouse gases (GHG) by 2020 compared to the 1990 emissions level. Moreover, the EU goal beyond 2012 is to strengthen, expand and improve climate change initiatives. Therefore, there is a strong need to consider more carefully how...

  5. Municipal solid waste management planning considering greenhouse gas emission trading under fuzzy environment.

    Science.gov (United States)

    Zhang, Xiaodong; Huang, Gordon

    2014-03-15

    Waste management activities can release greenhouse gases (GHGs) to the atmosphere, intensifying global climate change. Mitigation of the associated GHG emissions is vital and should be considered within integrated municipal solid waste (MSW) management planning. In this study, a fuzzy possibilistic integer programming (FPIM) model has been developed for waste management facility expansion and waste flow allocation planning with consideration of GHG emission trading in an MSW management system. It can address the interrelationships between MSW management planning and GHG emission control. The scenario of total system GHG emission control is analyzed for reflecting the feature that GHG emission credits may be tradable. An interactive solution algorithm is used to solve the FPIM model based on the uncertainty-averse preferences of decision makers in terms of p-necessity level, which represents the certainty degree of the imprecise objective. The FPIM model has been applied to a hypothetical MSW planning problem, where optimal decision schemes for facility expansion and waste flow allocation have been achieved with consideration of GHG emission control. The results indicate that GHG emission credit trading can decrease total system cost through re-allocation of GHG emission credits within the entire MSW management system. This will be helpful for decision makers to effectively determine the allowable GHG emission permits in practices. Copyright © 2014 Elsevier Ltd. All rights reserved.

  6. CO2-emission trading and green markets for renewable electricity. Wilmar - deliverable 4.1

    OpenAIRE

    Azuma-Dicke, N.; Morthorst, Poul Erik; Ravn, H.F.; Schmidt, R.; Weber, C.

    2004-01-01

    This report is Deliverable 4.1 of the EU project “Wind Power Integration in Liberalised Electricity Markets” (WILMAR) and describes the application of two policy instruments, Tradable Emissions Permits (TEP’s) and Tradable Green Certificates (TGC’s) forelectricity produced from renewable energy sources in the European Union and the implications for implementation in the Wilmar model. The introduction of a common emission-trading system in the EU is expected to have an upward effect on the spo...

  7. The European Union's emissions trading system in perspective

    Energy Technology Data Exchange (ETDEWEB)

    A. Denny Ellerman; Paul L. Joskow [Massachusetts Institute of Technology, MA (United States)

    2008-05-15

    The performance of the European Union's Emissions Trading System (EU ETS) to date cannot be evaluated without recognizing that the first three years from 2005 through 2007 constituted a 'trial' period and understanding what this trial period was supposed to accomplish. Its primary goal was to develop the infrastructure and to provide the experience that would enable the successful use of a cap-and-trade system to limit European GHG emissions during a second trading period, 2008-12, corresponding to the first commitment period of the Kyoto Protocol. The trial period was a rehearsal for the later more serious engagement and it was never intended to achieve significant reductions in CO{sub 2} emissions in only three years. In light of the speed with which the program was developed, the many sovereign countries involved, the need to develop the necessary data, information dissemination, compliance and market institutions, and the lack of extensive experience with emissions trading in Europe, we think that the system has performed surprisingly well. Although there have been plenty of rough edges, a transparent and widely accepted price for tradable CO{sub 2} emission allowances emerged by January 1, 2005, a functioning market for allowances has developed quickly and effortlessly without any prodding by the Commission or member state governments, the cap-and-trade infrastructure of market institutions, registries, monitoring, reporting and verification is in place, and a significant segment of European industry is incorporating the price of CO{sub 2} emissions into their daily production decisions. The development of the EU ETS and the experience with the trial period provides a number of useful lessons for the U.S. and other countries. 27 refs., 7 figs., 5 tabs.

  8. Emissions trading and fuel efficiency in road transport. An analysis of the benefits of combining instruments

    Energy Technology Data Exchange (ETDEWEB)

    Kampman, Bettina; Davidson, Marc D.; Faber, Jasper (CE, Delft (Netherlands))

    2008-11-15

    Despite EU and national climate policies, CO{sub 2}-emissions in the transport sector have grown steadily in the past decades, whereas many other sectors have managed to reduce emissions. Now that increasingly ambitious CO{sub 2}-emission reduction targets are being discussed for 2020 and beyond, the pressure on the transport sector to contribute to reaching these goals is clearly increasing. One of the options for additional climate policy in road transport is CO{sub 2}- emissions trading. The sector could, for example, be included in the EU ETS, or a separate trading system could be set up. The present report, commissioned by the Swedish Environmental Protection Agency, discusses these options. First, an overview is provided of the key literature published on this topic so far. Second, the potential drawbacks and benefits of combining this type of policy with a CO{sub 2} emission regulation for new passenger cars is assessed. In the past years, various reports have been written on emissions trading in road transport. Some of these reports were broad, scouting studies; others went into somewhat more detail, focussing on specific options or effects. From these studies we conclude that emission trading could be an effective means to reduce CO{sub 2} emissions in the road transport sector, if an upstream trading system is chosen, i.e. a system in which the oil companies are the trading entities. It is also concluded that a CO{sub 2} tax on fuel may have the same effect as an emissions trading system, at lower cost for the society, provided that the tax rate is set at the appropriate level. This measure may, however, face political difficulties. The societal costs of emission reduction are relatively high in the road transport sector. Consequently, if a separate trading system is set up for road (or surface) transport and the transport sector is required to reduce emissions by the same percentage as other sectors, then the price of emission allowances will be much

  9. Important aspects of sinks for linking emission trading systems

    Energy Technology Data Exchange (ETDEWEB)

    Hirsbrunner, Simon; Taenzler, Dennis; Reuster, Lena [Adelphi Research gGmbH, Berlin (Germany)

    2011-06-15

    The discussion on how to design policy instruments to reduce emissions and enhance removals from land use, land use change, and forestry is likely to be a key feature of a future global climate protection framework and will also influence the design of an emerging global carbon market. By analyzing different ETSs it turns out that very specific provisions are in place to deal with carbon sinks. Different instruments, eligible activities and standards reflect the prevailing emissions profile and cultural preferences of a geographic area. The inclusion of forestry in a cap, for instance, makes provisions on additionality and non-permanence obsolete, but increases the relevance of other issues such as accounting and enforcement. (orig.)

  10. Strategic planning problems and emission trading; Strategische Planungsfragen im Zuge des Emissionshandels

    Energy Technology Data Exchange (ETDEWEB)

    Enzensberger, N.; Hermes, H.D. [Lahmeyer International GmbH, Bad Vilbel (Germany)

    2004-09-15

    The contribution outlines the consequences of emission trading for the various compartments of strategic business planning. (orig.) [German] Im Rahmen dieses Beitrags soll der Einfluss des Emissionsrechtehandels und der damit verbundenen Notwendigkeit einer Emissionsrechtebewirtschaftung auf die verschiedenen Planungsbereiche der strategischen Unternehmensplanung aufgezeigt werden. (orig.)

  11. The effect of agricultural trade liberalisation on land-use related greenhouse gas emissions

    NARCIS (Netherlands)

    Verburg, R.W.; Stehfest, E.; Woltjer, G.B.; Eickhout, B.

    2009-01-01

    This study explores the effects of agricultural trade liberalisation and concomitant changes in agricultural areas and livestock production on greenhouse gas emissions using the coupled LEITAP–IMAGE modelling system. The results indicate that liberalisation leads to an increase in total greenhouse

  12. The design and implementation of an international trading scheme for greenhouse gas emissions

    NARCIS (Netherlands)

    Zhang, ZX

    The inclusion of emissions trading in the Kyoto Protocol reflects an important decision to address climate-change issues through flexible market mechanisms. The author addresses a number of policy issues that must be considered in designing and implementing an international greenhouse gas (GHG)

  13. Fuel change and capacity modifications in emissions trading; Brennstoffwechsel und Kapazitaetsmodifizierungen im Emissionshandel

    Energy Technology Data Exchange (ETDEWEB)

    Zimmermann, Christian P.

    2011-07-01

    Economic considerations and the need for modernization may induce power plant operators to change the mode of operation of their power systems. Against the background of European and German constitutional law, the author investigates the consequences of fuel change, with particular regard to the German laws TEHG and EEG. Also, the consequences of plant modification for emission certificates trading are gone into.

  14. Trade-off between carbon dioxide emissions and logistics costs based on multiobjective optimization

    NARCIS (Netherlands)

    Kim, N.S.; Janic, M.; Van Wee, G.P.

    2009-01-01

    This paper examines the relationship between the freight transport costs and the carbon dioxide (CO2) emissions in given intermodal and truckonly freight networks. When the trade-off, which is represented as the relationship, is changed, the freight mode share and route choice are also modified. To

  15. The European Dioxin Emission Inventory. Stage II. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Quass, U.; Fermann, M.; Broeker, G.

    2001-07-01

    For Stage II of the European Dioxin Project the following objectives were set: - Amendment of existing emission data collected for most relevant emission sources in order to reduce uncertainties of emission estimates. Collecting first emission data from countries not yet performing dioxin emission measurement programs. Extending the inventory of dioxin emissions to ambient air produced in Stage I by a complementary study on emissions to land and water. Extending the regional scope of data collection to countries in Central Europe. The report of Stage II of the European Dioxin Project is presented in 3 Volumes. Volume 1 contains an overview on the background and approach of different activities carried out and on the results obtained. These results are put into a broader view regarding the dioxin reduction measures in Europe leading to conclusions and recommendation for future work. Volume 2 of the report contains a detailed presentation of the sub-projects carried out. The chapters of Volume 2 are structured in a similar manner and start with a short summary in order to allow for a fast cross-reading. In the case of the desk-top studies an overview of the main results or statements is given. Regarding emission measurements details on the experimental set-up and the facilities being investigated are presented. Volume 3 contains a re-evaluation of the dioxin emission inventory presented for the most relevant sources types in the Stage I report. New data gathered from the projects of Stage II as well as from independent activities in the European countries are considered for a revision of the 1995 emission estimates. Additionally, based on current trends and activities the PCDD/F emissions for the years 2000 and 2005 are estimated. Finally, an attempt is made to evaluate the PCDD/F emission reduction rates which might be possible to achieve by the year 2005 compared to 1985. (orig.)

  16. EU energy-intensive industries and emissions trading: losers becoming winners?

    Energy Technology Data Exchange (ETDEWEB)

    Wettestad, Joergen

    2008-11-15

    The EU Emissions Trading System (ETS) initially treated power producers and energy-intensive industries similarly, despite clear structural differences between these industries regarding pass through of costs and vulnerability to global competition. Hence, the energy-intensive industries could be seen as losing out in the internal distribution. In the January 2008 proposal for a reformed ETS post-2012, a differentiated system was proposed where the energy-intensive industries come out relatively much better. What is the explanation for the change taking place? Although power producers still have a dominant position in the system, the increasing consensus about windfall profits has weakened their standing. Conversely, the energy-intensive industries have become better organised and more active. This balance shift is first and foremost noticeable in several important EU-level stake holder consultation processes. Energy-intensive industries have, however, also successfully utilised the national pathway to exert influence on Brussels policy-making. Finally, growing fear of lax global climate policies and related carbon leakage has strengthened the case of these industries further. The latter dimension indicates that although energy-intensive industries have managed to reduce internal distribution anomalies, external challenges remain. (author). 9 refs

  17. Game Analysis and Simulation of the River Basin Sustainable Development Strategy Integrating Water Emission Trading

    Directory of Open Access Journals (Sweden)

    Liang Liu

    2015-04-01

    Full Text Available Water emission trading (WET is promising in sustainable development strategy. However, low participation impedes its development. We develop an evolutionary game model of two enterprise populations’ dynamics and stability in the decision-making behavior process. Due to the different perceived value of certain permits, enterprises choose H strategy (bidding for permit or D strategy (not bidding. External factors are simplified according to three categories: rH-bidding related cost, G-price and F-penalty. Participation increase equals reaching point (H,H in the model and is treated as an evolutionarily stable strategy (ESS. We build a system dynamics model on AnyLogic 7.1.1 to simulate the aforementioned game and draw four conclusions: (1 to reach ESS more quickly, we need to minimize the bidding related cost rH and price G, but regulate the heavy penalty F; (2 an ESS can be significantly transformed, such as from (D,D to (H,H by regulating rH, G and F accordingly; (3 the initial choice of strategy is essential to the final result; (4 if participation seems stable but unsatisfying, it is important to check whether it is a saddle point and adjust external factors accordingly. The findings benefit both water management practice and further research.

  18. On the efficiency gains of emissions trading when climate deals are non-cooperative

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd; Holtsmark, Bjart

    2011-07-15

    This paper studies, in a numerical environment, climate treaties with emissions trading when national quotas result from strategic individual choice. We find that the larger the number of parties to the deal, the smaller are the emissions reductions and the lower the welfare. If insisting on stability with respect to participation, climate treaties involve few parties and yield practically no emissions reductions. While these results contrast with some optimistic studies, our numerical example conforms established results if modelling the problem in the more traditional sense. (Author)

  19. Assuring the credibility of the European Union Emissions Trading Scheme. Verification

    Energy Technology Data Exchange (ETDEWEB)

    Schoolderman, H; Carrington, M. (eds.)

    2005-07-01

    The EU emission trading system (EU ETS) requires installations to monitor their emissions, to compile an annual emissions report and to have it independently verified. The verifier is also required to attest to the installation's compliance with the conditions of its GHG permit, the implementation of an approved emissions monitoring methodology and other relevant regulatory requirements. The verification of emissions within the EU ETS is required to ensure that the reported emissions are complete and accurate. This is essential to ensure the environmental integrity of the scheme, to instil confidence in the scheme and to ensure the efficient functioning of the market. In this article we introduce the basic framework for monitoring, reporting and verification outlined in the EU Emissions Trading Directive, and associated national regulations. In February 2005 the PricewaterhouseCoopers Climate Change Services network conducted a survey to investigate the current status of EU ETS accreditation and verification. For this purpose we approached the competent authorities of all EU Member States with a questionnaire. In this chapter we highlight the main findings and conclusions of the PwC-survey on EU ETS verification. The articles in part 3 ('Spotlights') provide background information for a better understanding of the issues raised and may help identifying solutions.

  20. Relationship between Energy Consumption, CO2 Emissions, Economic Growth and Trade in India

    Directory of Open Access Journals (Sweden)

    Srinivasan Palamalai

    2015-04-01

    Full Text Available The purpose of the study is to examine the causal nexus between various sources of energy consumption, viz. Coal, Crude Oil, Electricity and Natural Gas, CO2 emissions, economic growth and trade in India using the Perron unit root test, Gregory and Hansen cointegration test and Vector Error Correction Model. The study exhibits a long-run relationship between various sources of energy consumption, economic growth, CO2 emissions and trade in India. By and large, the empirical results confirm that economic growth fuels rate of various sources of energy consumption i.e. coal, crude petroleum, electricity and natural gas. The findings reveal that increase in CO2 emissions leads to achieve high level of economic activity in India. In addition, the study finds that foreign trade influences the various sources of non-renewable energy consumption in the long-term. However, the energy consumption do not significantly contributes towards promoting foreign trade, except crude petroleum, in the short-run.

  1. US Interest Groups Prefer Emission Trading: A New Perspective

    DEFF Research Database (Denmark)

    Svendsen, Gert Tinggaard

    1999-01-01

    If there is to be environmental regulation, what kind of regulation would the main interest groups then prefer? This political distortion must be taken into account when designing future environmental regulation such as CO2 regulation. The three main interest groups in the US (private business...... attitudes and promote the idea too as a way of negotiating higher target reduction levels with industry. Finally, electric utilities prefer a grandfathered permit market, and this step towards less planned economy may be explained by the rise of competition in the US electricity sector. Therefore......, it is suggested that a grandfathered permit market is a more effective policy than a tax in relation to organized interests such as industry, electric utilities and environmental organizations. In perspective, the grandfathered permit market may be mixed with the use of taxes. In the case of CO2 regulation...

  2. Carbon dioxide emission and economic growth of China-the role of international trade.

    Science.gov (United States)

    Boamah, Kofi Baah; Du, Jianguo; Bediako, Isaac Asare; Boamah, Angela Jacinta; Abdul-Rasheed, Alhassan Alolo; Owusu, Samuel Mensah

    2017-05-01

    This study investigates the role of international trade in mitigating carbon dioxide emission as a nation economically advances. This study disaggregated the international trade into total exports and total imports. A multivariate model framework was estimated for the time series data for the period of 1970-2014. The quantile regression detected all the essential relationship, which hitherto, the traditional ordinary least squares could not capture. A cointegration relationship was confirmed using the Johansen cointegration model. The findings of the Granger causality revealed the presence of a uni-directional Granger causality running from energy consumption to economic growth; from import to economic growth; from imports to exports; and from urbanisation to economic growth, exports and imports. Our study established the presence of long-run relationships amongst carbon dioxide emission, economic growth, energy consumption, imports, exports and urbanisation. A bootstrap method was further utilised to reassess the evidence of the Granger causality, of which the results affirmed the Granger causality in the long run. This study confirmed a long-run N-shaped relationship between economic growth and carbon emission, under the estimated cubic environmental Kuznet curve framework, from the perspective of China. The recommendation therefore is that China as export leader should transform its trade growth mode by reducing the level of carbon dioxide emission and strengthening its international cooperation as it embraces more environmental protectionisms.

  3. Carbon dioxide emissions embodied in international trade in Central Europe between 1995 and 2008

    Directory of Open Access Journals (Sweden)

    Vlčková Jana

    2015-12-01

    Full Text Available Climate change and environmental policies are widely discussed, but much less is known about emissions embodied in goods traded internationally, and the distinction between emission producers and consumers. The carbon dioxide emissions embodied in international trade in Central European countries are subject to examination in this paper. As a result of industrial restructuring and environmental legislation, air pollution has improved significantly in Central European countries since the 1989 transition. On the other hand, economic growth has been accompanied by a rise in consumerism. Despite the increasing role of exports, the Visegrad group countries have become net importers of carbon dioxide emissions between 1995 and 2008. This seems to be the ‘standard trajectory’ of a country’s transition toward a more developed and consumption-oriented economy. The global patterns of carbon dioxide emissions embodied in manufacturing exports are also mapped, using network analysis and constructing ‘product space’. The analysis confirms that industrial re-structuring played an important role in lowering the production of carbon dioxide emissions in the Visegrad countries.

  4. Impacts on CO2 Emission Allowance Prices in China: A Quantile Regression Analysis of the Shanghai Emission Trading Scheme

    Directory of Open Access Journals (Sweden)

    Jie Zhang

    2016-11-01

    Full Text Available A pilot regional carbon emission trading scheme (ETS has been implemented in China for more than two years. An investigation into the impacts of different factors on carbon dioxide (CO2 emission allowance prices provides guidance for price-making in 2017 when the nation-wide ETS of China will be established. This paper adopts a quantile regression approach to estimate the impacts of different factors in Shanghai emission trading scheme (SH-ETS, namely, economic growth, energy prices and temperature. The empirical analysis shows that: (i the economic growth in Shanghai leads to a drop in the carbon allowance prices; (ii the oil price has a slightly positive effect on the allowance prices regardless of the ordinary least squares (OLS or quantile regression method; (iii a long-run negative relationship exists between the coal price and the Shanghai emission allowances (SHEA prices, but a positive interaction under different quantiles, especially the 25%–50% quantiles; (iv temperature has a significantly positive effect at the 20%–30% quantiles and a conspicuous negative impact at the right tail of the allowances prices.

  5. The impact of CO{sub 2} emissions trading on the European transport sector

    Energy Technology Data Exchange (ETDEWEB)

    Kaageson, Per

    2001-07-01

    The objective of this report is to analyse how a common European scheme for CO{sub 2} emissions trading covering all sectors of society would affect the transport sector. Transport externalities other than CO{sub 2} are assumed to be internalised by kilometer charging. This means road fuels will no longer be subject to taxation. The European Union's commitment under the 1997 Kyoto Protocol can be reached at a marginal abatement cost around 65 Euro per tonne of CO{sub 2} in a case where emissions trading replaces all current taxes on fossil fuels. In a case where emissions trading is supplementary to today's energy and carbon taxes, the current average taxation (45-50 Euro per tonne CO{sub 2}) and the shadow price of the emission permits (33 Euro per tonne) would together give a total marginal abatement cost around 80 Euro per tonne Of CO{sub 2}. Having to buy emission permits would significantly raise the cost of fuel and electricity used in rail, aviation and short sea shipping, as these modes are currently not taxed at all. The resulting long-term (2025) improvement in specific energy efficiency is estimated at around 25 per cent compared to trend for rail and 20 and 40 per cent respectively for aviation and sea transport. A combination of CO{sub 2} emissions trading and km charging would moderately raise the variable cost of driving a gasoline car. The cost of using diesel vehicles would rise considerably in most Member States. Annual mileage per car would therefore decline somewhat. The fuel, however, would become cheaper than today (especially gasoline) and this would reduce the incentive to buy fuel-efficient vehicles. The reform would thus hamper the introduction of new, more efficient, technologies that might be needed for meeting more long-term commitments. Emissions trading would not encourage the introduction of biofuels in road transport. The incremental cost of producing ethanol or RME is much too high and cannot be expected to fall to the

  6. Does emissions trading render the promotion of renewable energies superfluous?; Macht der Emissionshandel die Foerderung erneuerbarer Energien ueberfluessig?

    Energy Technology Data Exchange (ETDEWEB)

    Gawel, Erik [Helmholtz-Zentrum fuer Umweltforschung GmbH - UFZ, Leipzig (Germany). Dept. Oekonomie; Leipzig Univ. (Germany). Inst. fuer Infrastruktur und Ressourcenmanagement; Lehmann, Paul [Helmholtz-Zentrum fuer Umweltforschung GmbH - UFZ, Leipzig (Germany). Dept. Oekonomie

    2011-03-15

    Since the introduction of European emissions trading there have been critical voices questioning the economic soundness of running an emissions permit trading system alongside the promotion of renewable energy through the Renewable Energy Law (EEG). They assert that rather than contributing to climate protection the EEG actually makes its realisation more expensive and that it undermines emissions trading, an instrument considered ideally suited to its purpose. However this line of argumentation overlooks the fundamental economic, political and institutional conditions that govern the market-driven competition between technologies. These conditions speak in favour of a policy mix.

  7. Potential cost savings from internal/external CO{sub 2} emissions trading in the Korean electric power industry

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Myunghun, E-mail: leemh@inha.ac.kr [Department of International Trade, Inha University, 253 Yonghyun-dong, Nam-gu, Incheon 402-751 (Korea, Republic of)

    2011-10-15

    Korea plans to introduce an emissions trading scheme for the controlling greenhouse gas emissions in 2015. Using Shephard's (1970) output distance function, we first estimate the shadow price of CO{sub 2} for power generators in the Korean fossil-fueled electric generation industry. Then, by assuming that each power generator is required to reduce CO{sub 2} emissions by one ton, we compute the potential cost savings from internal trading among generators within the same plant and from external trading across plants at prevailing market prices. The results indicate that, on average, the generators paid $14.63 to abate one ton of CO{sub 2} emissions in 2007. Plants realized additional gains through external trading. In particular, cost savings from trades between different fuel-fired plants were substantial. - Highlights: > We estimated the shadow price of CO{sub 2} for the Korean steam power plants. > On average, the generators paid $14.63 to abate one ton of CO{sub 2} emissions in 2007. > We computed the potential cost savings from internal trading and external trading. > Plants realized additional gains through external trading.

  8. Evaluating CO2 emissions, cost, and service quality trade-offs in an urban delivery system case study

    Directory of Open Access Journals (Sweden)

    Erica Wygonik

    2011-07-01

    The results demonstrate there is not a trade-off between CO2 emissions and cost, but that these two metrics trend together. This suggests the most effective way to encourage fleet operators to limit emissions is to increase the cost of fuel or CO2 production, as this is consistent with current incentives that exist to reduce cost, and therefore emissions.

  9. Distribution effects and allocation effects of energy political instruments. Contradictory in the comparison of EEG and emission trading; Verteilungs- und Allokationswirkungen energiepolitischer Instrumente. Widerspruechliches beim Vergleich von EEG und Emissionshandel

    Energy Technology Data Exchange (ETDEWEB)

    Menges, R. [Flensburg Univ. (Germany)

    2007-10-15

    The classical energy-economical target triangle requires an obligation of economics, environmental compatibility and security of supply. Despite of a common reference on certain principles for the realization of these targets, lawyers and economists come to different conclusions with respect to the analysis of environment political and energy political instruments. In accordance with the literature, the emission trading performs badly in the comparison between the environmental political and energy political flagships (renewable energy law (EEG), emission trading) and is finally illegally. For this two arguments are stated: (a) The EEG results into an annual emission reduction of nearly 41 million tons of carbon dioxide in the Federal Republic of Germany and burdens the consumer with only 57 Euro per saved ton of CO{sub 2}; (b) The market power of the great energy companies results into a strong overcharge of the emission trading. In the contribution under consideration the author reports that these to arguments only conditionally can be used for the comparison of emission trading and renewable energy law. Both arguments are based on an inadmissible mixture of efficiency arguments and distribution arguments. Under this aspect the author attributes both instruments to a common theoretical basis of an internationalization of external effects. The variability of the arguments agitates that a different dispatching of the costs of the environmental improvement is made by the emission trading. While the renewable energy law represents an application of the common load principle, the emission trade is to be assigned to the principle of economic cause.

  10. Fraud risks in emissions trading; Frauderisico's bij handel in emissierechten

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-09-15

    The system of emission trading is a complex composed entity with on the one hand a strong environmental component and on the other hand a financial world that hooked on this instrument. In chapter 2 an introduction is provided to the emission trading system. The subsequent chapters elaborate Types of Fraud (Chapter 3), Powers (Chapter 4), and Instruments (Chapter 5). The report shows that various forms of fraud are occurring in emission trading, such as VAT fraud and identity theft. [Dutch] Het systeem van emissiehandel is een complex samengesteld geheel met aan de ene kant een belangrijke milieucomponent en aan de andere kant een financiele wereld die ingehaakt heeft op dit instrument. In hoofdstuk 2 wordt een introductie gegeven op het systeem van emissiehandel. In de volgende hoofdstukken wordt dieper ingegaan op Fraudevormen (hoofdstuk 3), Bevoegdheden (hoofdstuk 4), en Instrumentarium (hoofdstuk 5). Uit het rapport blijkt dat verschillende vormen van fraude zijn optreden bij de handel in emissierechten, zoals BTW-fraude en identiteitsfraude.

  11. Greenhouse gas emissions trading and complementary policies. Developing a smart mix for ambitious climate policies

    Energy Technology Data Exchange (ETDEWEB)

    Matthes, Felix C.

    2010-06-15

    A debate has - most notably as a result of the introduction of fixed caps within the framework of emissions trading - been raised about the need for using additional instruments of climate and energy policy. A common line of argument is that the targets set within the emissions trading scheme are going to be met with a high degree of certainty, and flexibility among the regulated stakeholders will lead to market-based discovery processes. Additional instruments would only generate additional costs and would therefore have to be rejected. However, closer analysis of these fundamental arguments shows that they are constructed on a very high level of abstraction and sometimes rely on strongly simplifying or idealising assumptions. Their theoretical assumptions are, at least in part, very questionable and do not correspond to conditions in the real world for climate and energy policy. At the same time the debate about policy instruments cannot be held autonomously of the specific context of the problem at hand. In this sense the very extensive (complete) and above all effective decarbonisation of the economies of industrialised countries in a comparatively short time frame is the key basic condition for the analysis, assessment and design of the climate policy mix. Essentially, the question is what the best instruments are for purging the whole economic system almost entirely of CO{sub 2} emissions within a period of only forty years. The introduction of emissions trading schemes for greenhouse gases in an increasing number of OECD countries undoubtedly constitutes an important landmark of climate policy. They: - provide a high degree of certainty in terms of meeting targets; - create, on the basis of a standardised price signal, a clearing mechanism for the broad spectrum of emission reduction options close to the market, at least in the short to medium term; and - represent, by means of linking, an interesting option in terms of the globalisation of climate policy

  12. Electricity trade and GHG emissions: Assessment of Quebec's hydropower in the Northeastern American market (2006-2008)

    Energy Technology Data Exchange (ETDEWEB)

    Ben Amor, Mourad, E-mail: ben.amor@b2b2c.c [CIRAIG-Ecole Polytechnique de Montreal (Canada); Pineau, Pierre-Olivier [CIRAIG-HEC Montreal (Canada); Gaudreault, Caroline [NCASI (Canada); Samson, Rejean [CIRAIG-Ecole Polytechnique de Montreal (Canada)

    2011-03-15

    Worldwide electricity sector reforms open up electricity markets and increase trades. This has environmental consequences as exports and imports either increase or decrease local production and consequently greenhouse gas (GHG) emissions. This paper's objective is to illustrate the importance of electricity trade's impact on GHG emissions by providing an estimate of the net GHG emissions resulting from these trades. To achieve this objective, Quebec hourly electricity exchanges with adjacent jurisdictions were examined over the 2006-2008 period. In order to associate a specific GHG emission quantity to electricity trades, hourly marginal electricity production technologies were identified and validated using the Ontario hourly output per power plant and information released in the Quebec adjacent system operator reports. It is estimated that over three years, imports into Quebec were responsible for 7.7 Mt of GHG, while Quebec hydropower exports avoided 28.3 Mt of GHG emissions. Hence, the net result is 20.6 Mt of avoided emissions over 2006-2008, or about 7 Mt per year, which corresponds to more than 8% of the Quebec yearly GHG emissions. When GHG emissions from all life cycle stages (resource extraction to end-of-life) are accounted for, the net avoided GHG emissions increase by 35%, to 27.9 Mt. - Research highlights: {yields} Environmental benefits of hydropower exports are considerable. {yields} Detailed GHG assessment of such electricity trade is missing from the literature. {yields} Net GHG emissions estimate resulting from such trade is provided. {yields} GHG gains are significant in the Northeast American electricity market due to such electricity trade.

  13. Permit trading and credit trading

    DEFF Research Database (Denmark)

    Boom, Jan-Tjeerd; R. Dijstra, Bouwe

    This paper compares emissions trading based on a cap on total emissions (permit trading) and on relative standards per unit of output (credit trading). Two types of market structure are considered: perfect competition and Cournot oligopoly. We find that output, abatement costs and the number....... Environmental policy can lead to exit, but also to entry of firms. Entry and exit have a profound impact on the performance of the schemes, especially under imperfect competition. We find that it may be impossible to implement certain levels of total industry emissions. Under credit trading several levels...... of firms are higher under credit trading. Allowing trade between permit-trading and credit-trading sectors may increase in welfare. With perfect competition, permit trading always leads to higher welfare than credit trading. With imperfect competition, credit trading may outperform permit trading...

  14. The feasibility of domestic CO{sub 2} emissions trading in Poland

    Energy Technology Data Exchange (ETDEWEB)

    Missfeldt, F. [ed.; Hauff, J.

    2000-10-01

    In early 2000, neither a comprehensive upstream system nor an all-encompassing downstream approach to CO{sub 2} emissions permit trading seems feasible in Poland. However, a pilot emissions trading system in the power and Combined Heat and Power (CHP) sector is thought to be a realistic option in the near future. A comprehensive upstream approach would require permits for the carbon contained in fossil fuels produced or imported in Poland. It is ruled out due to the perceived difficulties of the inclusion of the coal sector in such a system. While inclusion of the gas sector, and especially of the oil sector, seems possible within a relatively short time, relying on an upstream approach without the coal sector is not advisable. Once the restructuring of the coal sector as well as the privatization of the gas and oil sector is advanced, an upstream approach might become an option again. A comprehensive downstream approach would regulate CO{sub 2} emissions at their source, that is mostly at point of combustion of fossil fuels. A system which includes industry, households and transport can be assumed to be infeasible. Instead, a 'core program' was examined, which would focus on power and heat generation as well as energy intensive industries. Such an approach was found feasible in principle. Currently, however, only the largest emitters could be easily integrated in a reliable system. Drawing the line between those included and those excluded from such a partial system requires careful analysis. Including all enterprises in the relevant sectors would require significant improvements in monitoring and reporting reliability. A pilot emissions permit trading system could be introduced in the professional power and heat sector. Here, awareness concerning the instrument was found to be high and the system could be based on monitoring requirements already required by law. Gradual inclusion of more relevant sectors and eventual combination with an upstream

  15. Buyer Liability and Voluntary Inspections in International Greenhouse Gas Emissions Trading. A Laboratory Study

    Energy Technology Data Exchange (ETDEWEB)

    Cason, T.N. [Department of Economics, Krannert School of Management, Purdue University, West Lafayette, IN 47907-1310 (United States)

    2003-05-01

    This paper reports a preliminary laboratory experiment in which traders make investments to increase the reliability of tradable instruments that represent greenhouse gas emissions allowances. In one half of the sessions these investments are unobservable, while in the other half traders can invite costless and accurate inspections that make reliability investments public. We implement a buyer liability rule, so that if emissions reductions are unreliable (i.e., sellers default), the buyer of the allowances cannot redeem them to cover emissions. We find that allowing inspections significantly increases the reliability investment rate and overall efficiency. Prices of uninspected allowances usually trade at a substantial discount due to the buyer liability rule, which provides a strong market incentive for sellers to invest in reliability.

  16. CO2-emission trading and green markets for renewable electricity. Wilmar - deliverable 4.1

    DEFF Research Database (Denmark)

    Azuma-Dicke, N.; Morthorst, Poul Erik; Ravn, H.F.

    2004-01-01

    This report is Deliverable 4.1 of the EU project “Wind Power Integration in Liberalised Electricity Markets” (WILMAR) and describes the application of two policy instruments, Tradable Emissions Permits (TEP’s) and Tradable Green Certificates (TGC’s) forelectricity produced from renewable energy...... sources in the European Union and the implications for implementation in the Wilmar model. The introduction of a common emission-trading system in the EU is expected to have an upward effect on the spot pricesat the electricity market. The variations of the spot price imply that some types of power...... generation may change the situation from earning money to losing money despite the increasing spot price. Heavy restrictions on emissions penalise thefossil-fuelled technologies significantly, and the associated increase in the spot price need not compensate for this. Therefore, a market of TEP’s is expected...

  17. The best (and worst of GHG Emission Trading Schemes: Comparing the EU ETS with its followers

    Directory of Open Access Journals (Sweden)

    Simone Borghesi

    2016-07-01

    Full Text Available The European Emission Trading System (EU ETS is generally considered as the prototype system for the other Emission Trading Systems (ETSs for the reduction of Greenhouse Gases (GHG that are rapidly spreading around the world. To get a deeper understanding on the actual capacity of the EU ETS to stand as a model for the other ETSs, the present paper discusses the differences and similarities of the EU ETS with respect to the other main ETSs and the emerging trends that these systems seem to share, comparing the different cap and trade regimes in order to identify the best practices and the desirable features that future ETSs should have. As emerges from the comparative analysis performed in this article, although the followers share some common flaws with the EU ETS, they have also shown the capacity to innovate and possibly devise alternative ways to manage their own ETS regimes, which may in the long term jeopardise the EU leadership in the ETSs context.

  18. Evaluation of policy options to reform the EU Emissions Trading System. Effects on carbon price, emissions and the economy

    Energy Technology Data Exchange (ETDEWEB)

    Verdonk, M.; Brink, C.; Vollebergh, H.; Roelfsema, M.

    2013-04-15

    The EU Emissions Trading System (EU ETS) is a key instrument of EU climate policy, providing a clear reduction pathway for CO2 emissions. The current carbon price (of about 3 euros per tonne of CO2, April 2013) is much lower than previously expected (which was around 30 euros) and is likely to remain low for a long time. This fuels doubts about whether the ETS will remain a key policy instrument in the long term. Such doubts also increase investment uncertainty, which is likely to have a negative impact on further investments in low-carbon technologies needed for a low-carbon economy in 2050. In November 2012, the European Commission put forward six options for a more structural reform of the EU ETS. The proposed options vary from reducing the cap and expanding the ETS to include other sectors, to strengthening the ETS by measures directly affecting allowance prices. The Dutch Ministry of Infrastructure and the Environment (IenM) asked the PBL Netherlands Environmental Assessment Agency to assess the impact of these options. Four categories of options for reforming the ETS were evaluated: (1) reducing the supply of emission allowances; (2) expanding the ETS by including other sectors; (3) a minimum price for auctioned allowances; and (4) combining ETS with a carbon tax. Recently, the European Parliament voted against the European Commission's proposal to temporarily set aside emission allowances. In an earlier assessment of this proposal, PBL concluded that the impact of this backloading proposal on CO2 prices is likely to be limited, because the total amount of allowances up to 2020 would remain unchanged. All options analysed would reduce emissions and cause the emission price to increase. A minimum price on carbon, however, would provide the best opportunity to make the ETS more robust against unforeseen events, such as a further deterioration of the economy. Such a minimum price would result in more emission reductions if abatement proves to be cheaper

  19. Understanding the Design and Performance of Emissions Trading Systems for Greenhouse Gas Emissions

    Energy Technology Data Exchange (ETDEWEB)

    Toman, M.

    1999-01-31

    Research Spotlight presents new research findings and projects underway at Resources for the Future that are relevant to the analysis of climate change policy. As interest in greenhouse gas trading policies grows in the United States and other Annex I countries, so does the need for stronger analytical tools. The paper by Tietenberg in this collection lays out some of the principal conceptual issues that analysts face in providing more accurate and relevant tools and results for decisionmakers. In this paper we build on Tietenberg's analysis to consider some of the key modeling challenges that analysts face in developing an improved capacity for quantitatively assessing real-world policies.

  20. Municipal waste incineration and emissions trading; Die Einbeziehung von Siedlungsabfallverbrennungsanlagen in den Emissionsrechtehandel

    Energy Technology Data Exchange (ETDEWEB)

    Treder, Martin [ITAD und VKU (Germany). AG Klimaschutz und Abfallwirtschaft

    2011-11-15

    The task of energetic waste recovery is the disposal of nonrecyclable waste in an environmentally sound way, while recovering as much of the energetic content as possible. The objective therefore is to reach a complete combustion of the biogenic and fossil carbon, thus transforming it into carbon dioxide. Hence the amount of greenhouse gas emitted solely depends on the amount and type of waste incinerated. Taking into account the climate neutrality of the biogenic fraction and the fossil fuels substituted, the German WtE-plants are contributing to climate protection by relieving it of a burden of around 4 billion each year. For these reasons municipal waste incineration plants are not included in the emissions trading scheme. Since the term 'municipal waste' is not defined within the acts, it is vital to settle for an interpretation including all wastes stemming from municipal wastes. Otherwise plants accepting presorted or conditioned municipal waste are prone to an inclusion in the emissions trading scheme. This would not only cause costs for the emission allowances without any sensible steering effects, but also face the operator with numerous reporting-, measuring and sampling obligations. This would lead to shifts in waste mass flows but also cause waste fees to increase. (orig.)

  1. From Pilot to the National Emissions Trading Scheme in China: International Practice and Domestic Experiences

    Directory of Open Access Journals (Sweden)

    Jun Dong

    2016-05-01

    Full Text Available In order to tackle climate change and build a low-carbon economy, China has selected seven provinces and cities as carbon trading pilots and plans to establish the national emissions trading scheme (ETS in 2017. However, since China has not yet reached peak carbon emissions, and as a major developing country, the conflict between increasing energy demand and the requirement to reduce emissions brings challenges to the design of a national ETS suitable for China’s development. In this paper, we summarize the current situation of China’s seven ETS pilots with respect to coverage, allowance allocation, transactions, punishment mechanisms and especially the market performance. By analyzing the common practice of three international mandatory schemes, combined with China’s current circumstances and characteristics of market construction and regulation, we emphasize China’s own economic reality, and propose several recommendations for building a suitable and effective national ETS. This paper could provide new perspectives towards scheme design for China and other similar countries.

  2. REGULATION AND TRADING WITH GREEN HOUSE EFFECT GASES AND ADVANTAGES OF SERBIA'S ENTRY IN THE EMISSION MARKET

    Directory of Open Access Journals (Sweden)

    Andrija Petrovic

    2015-12-01

    Full Text Available Modern tendency to make flexible mechanism in order to stop climate change developed new kind of market based on emission trading system. Market as regulatory mechanism is capable to stop further pollution of the environment and achieve primary goal in allocation of emission permits between those who need them and those who possess them. Modern prediction are based on opinion that carbon markets will have great impact on global economy in near future. However today his influence is miserable comparing to some other markets, even though there are several very influential trading projects that are established inside EU, one of them is EU ETS. European Union trading scheme is not only important for developed countries, but also for those who have aspiration to become part of EU. Therefore basic purpose of this work is to represent principles of Carbon trading market, his function and historical development and connect them with possible advantages of Serbia's entry in the emission market.

  3. The law as an instrument for climate protection: the case of integrated approaches to understanding emissions trading

    NARCIS (Netherlands)

    Peeters, Marjan; Cörvers, Ron; de Kraker, Joop; Martens, Pim; Kemp, René; van Lente, Harro

    2016-01-01

    This chapter illustrates the need for cross-cutting studies regarding the question how the reduction of greenhouse gases emissions, particularly by means of "emissions trading", can be regulated in an effective and efficient way within the boundaries of the rule of law. It identifies the following

  4. Emission allowance origination and trading : How does it affect ABB and its Group Treasury Operations?

    OpenAIRE

    Lindqvist, Jonas; Lund, Linus

    2009-01-01

    The purpose of the thesis is to determine how ABB’s treasury department (GTO) should respond to an increasing awareness and interest in the carbon credit markets. Emission caps have been introduced on national levels and also for certain industries in Europe as a consequence of the Kyoto Protocol. This allows for trading of certain carbon credits as well as for the creation of new credits. ABB is a company which has many solutions for efficient energy use; solutions that aim to reduce electri...

  5. Market power in tradable emission markets. A laboratory testbed for emission trading in Port Phillip Bay, Victoria

    Energy Technology Data Exchange (ETDEWEB)

    Cason, Timothy N. [Department of Economics, Krannert School of Management, Purdue University, West Lafayette, IN 47907-1310 (United States); Gangadharan, Lata [Department of Economics, University of Melbourne, Melbourne, Vic. 3010 (Australia); Duke, Charlotte [Economics Branch, Natural Resources and the Environment, Level 13, 8 Nicholson St, East Melbourne, Vic. 3002 (Australia)

    2003-10-01

    In theory, competitive emission permit markets minimize total abatement costs. Permit markets are often imperfectly competitive, however, and may be thin and dominated by large firms. The dominant firm(s) could exercise market power and increase other firms' costs of pollution control, while reducing their own emission control costs. This paper reports a testbed laboratory experiment to examine whether a dominant firm can exercise market power in a permit market organized using the double auction trading institution. Our parameters approximate the abatement costs of sources in a proposed tradable emissions market for the reduction of nitrogen in the Port Phillip Watershed in Victoria, Australia. We vary across treatments the initial allocation of permits to sources, so that in one treatment the seller of permits is a monopolist and in another treatment the market is duopolistic. We also vary the information that subjects have about the number and abatement costs of their competitors. We find that prices and seller profits are higher and efficiency is lower on average in the monopoly sessions compared with the duopoly sessions, but the differences are not substantial and are not statistically significant due to pronounced variation across sessions. Moreover, prices, profits and transaction volumes are usually much closer to the competitive equilibrium (CE) than the monopoly equilibrium.

  6. The political economy of emissions trading; L'economie politique des marches de permis d'emissions negociables

    Energy Technology Data Exchange (ETDEWEB)

    Hanoteau, J

    2004-06-15

    This thesis is a positive analysis of emissions trading systems' implementation. We explain why allowances are generally granted for free even though normative economic analysis recommends their sale. We show empirically that free tradable permits, source of windfall profit, motivate rent seeking behaviours. The study focuses on the US market for SO{sub 2} emissions allowances. The initial allocation rule resulted from parliamentary discussions that looked like a zero sum game. We formalize it as an endogenous sharing rule, function of lobbying effort, and we test it using political (money) contributions.We analyse theoretically the behaviour of an influenced regulator that has chosen to organize a market for permits and that must still decide on two policy variables: the whole quantity of permits and the way to allocate them initially. We formalize this decisions making process with the common agency model of politics.We show that the choice of an initial allocation rule is not neutral in presence of political market failures (lobbying). The decision to sell the permits or to grant them for free modifies the shareholders' incentive, in a polluting industry, to pressure for or against the reduction of legal emissions.Then, we analyse the public arbitration between the two policy variables when several industrial lobbies play a partially cooperative game for the free permits. The regulator chooses in priority to grant the rights for free rather than to manipulate their quantity, and this constitutes an efficient answer to the political influence. (author)

  7. Emissions embodied in global trade have plateaued due to structural changes in China

    Science.gov (United States)

    Pan, Chen; Peters, Glen P.; Andrew, Robbie M.; Korsbakken, Jan Ivar; Li, Shantong; Zhou, Dequn; Zhou, Peng

    2017-09-01

    In the 2000s, the rapid growth of CO2 emitted in the production of exports from developing to developed countries, in which China accounted for the dominant share, led to concerns that climate polices had been undermined by international trade. Arguments on "carbon leakage" and "competitiveness"—which led to the refusal of the U.S. to ratify the Kyoto Protocol—put pressure on developing countries, especially China, to limit their emissions with Border Carbon Adjustments used as one threat. After strong growth in the early 2000s, emissions exported from developing to developed countries plateaued and could have even decreased since 2007. These changes were mainly due to China: In 2002-2007, China's exported emissions grew by 827 MtCO2, amounting to almost all the 892 MtCO2 total increase in emissions exported from developing to developed countries, while in 2007-2012, emissions exported from China decreased by 229 MtCO2, contributing to the total decrease of 172 MtCO2 exported from developing to developed countries. We apply Structural Decomposition Analysis to find that, in addition to the diminishing effects of the global financial crisis, the slowdown and eventual plateau was largely explained by several potentially permanent changes in China: Decline in export volume growth, improvements in CO2 intensity, and changes in production structure and the mix of exported products. We argue that growth in China's exported emissions will not return to the high levels during the 2000s, therefore the arguments for climate polices focused on embodied emissions such as Border Carbon Adjustments are now weakened.

  8. Opportunities and trade-offs of biomass based negative emissions within planetary boundaries

    Science.gov (United States)

    Heck, Vera; Gerten, Dieter; Lucht, Wolfgang

    2017-04-01

    The Paris Agreement requires "a balance between anthropogenic emissions by sources and removals by sinks of greenhouse gases in the second half of the century" (UNFCCC, 2015). Without a full decarbonization of the energy and land use sector until the second half of this century, negative emission technologies (NETs) are required to achieve net zero greenhouse gas emissions. Integrated assessment studies indicate that bioenergy with carbon capture and storage (BECCS), a land based NET, has the potential to contribute substantially to balancing anthropogenic fossil fuel emissions. However, significant negative emission potentials from BECCS require substantial biomass potentials, which can only be achieved by intensively managed (fertilized and irrigated) large-scale biomass plantations. Additional to direct trade-offs of land and water availability, the implementation of large-scale biomass plantations implies major restructuring of the land surface on top of existing land use and would be accompanied by indirect trade-offs such as changes in moisture and energy fluxes. In the context of the planetary boundaries framework as proposed by Rockström et al. (2009), BECCS might contribute to reduce the transgression of the planetary boundary (PB) for climate change, but would most likely steer the Earth system closer to the PB for freshwater use and lead to further transgression of the PBs for land system change, biosphere integrity and biogeochemical flows. This presentation will investigate the opportunities of second generation biomass potentials within the safe operating space for humanity and highlight the multidimensional trade-offs between biomass potentials for BECCS in relation to the PBs. Scenarios of land availability for biomass plantations and land based carbon sequestration were developed with a spatially explicit multi-criterial optimization framework, considering the precautionary need to stay within the safe operating space vis-à-vis the need to

  9. Are Emissions Trading Policies Sustainable? A Study of the Petrochemical Industry in Korea

    Directory of Open Access Journals (Sweden)

    Yongrok Choi

    2016-10-01

    Full Text Available In 2015, Korea inaugurated an emissions trading scheme (ETS. In this regard, many studies have considered the sustainable performance and efficiency of industries that emit carbon; however, few have examined ETS at company level. This paper focuses on companies’ data related to Korean ETS in the petrochemical industry. Based on the non-radial, nonparametric directional distance function (DDF, the paper evaluates the governance factors related to ETS policies and sustainable performance in terms of carbon technical efficiency (CTE, the shadow price of carbon emissions, and Morishima elasticity between the input and undesirable output of carbon emissions. Using a dual model, the paper shows that Korean ETS has huge potential for participating companies to improve CTE. If all companies consider the production possibility frontier, they could potentially improve efficiency by 52.8%. Further, Morishima elasticity shows strong substitutability between capital and energy, implying that green technology investment should bring a higher degree of energy-saving performance. Unfortunately, however, the market price of carbon emissions is far too low compared with its shadow price, suggesting that the Korean government’s price-oriented market intervention has resulted in the ETS producing poor sustainable performance. As the title suggests, ETS of Korea is not sustainable at the current stage, but with more efforts on the transition period, all the developing countries should support the governance factors of the ETS in terms of the more effective green investment with easier access to the green technology.

  10. Modeling and Computation of Transboundary Industrial Pollution with Emission Permits Trading by Stochastic Differential Game.

    Science.gov (United States)

    Chang, Shuhua; Wang, Xinyu; Wang, Zheng

    2015-01-01

    Transboundary industrial pollution requires international actions to control its formation and effects. In this paper, we present a stochastic differential game to model the transboundary industrial pollution problems with emission permits trading. More generally, the process of emission permits price is assumed to be stochastic and to follow a geometric Brownian motion (GBM). We make use of stochastic optimal control theory to derive the system of Hamilton-Jacobi-Bellman (HJB) equations satisfied by the value functions for the cooperative and the noncooperative games, respectively, and then propose a so-called fitted finite volume method to solve it. The efficiency and the usefulness of this method are illustrated by the numerical experiments. The two regions' cooperative and noncooperative optimal emission paths, which maximize the regions' discounted streams of the net revenues, together with the value functions, are obtained. Additionally, we can also obtain the threshold conditions for the two regions to decide whether they cooperate or not in different cases. The effects of parameters in the established model on the results have been also examined. All the results demonstrate that the stochastic emission permits prices can motivate the players to make more flexible strategic decisions in the games.

  11. Modeling and Computation of Transboundary Industrial Pollution with Emission Permits Trading by Stochastic Differential Game

    Science.gov (United States)

    2015-01-01

    Transboundary industrial pollution requires international actions to control its formation and effects. In this paper, we present a stochastic differential game to model the transboundary industrial pollution problems with emission permits trading. More generally, the process of emission permits price is assumed to be stochastic and to follow a geometric Brownian motion (GBM). We make use of stochastic optimal control theory to derive the system of Hamilton-Jacobi-Bellman (HJB) equations satisfied by the value functions for the cooperative and the noncooperative games, respectively, and then propose a so-called fitted finite volume method to solve it. The efficiency and the usefulness of this method are illustrated by the numerical experiments. The two regions’ cooperative and noncooperative optimal emission paths, which maximize the regions’ discounted streams of the net revenues, together with the value functions, are obtained. Additionally, we can also obtain the threshold conditions for the two regions to decide whether they cooperate or not in different cases. The effects of parameters in the established model on the results have been also examined. All the results demonstrate that the stochastic emission permits prices can motivate the players to make more flexible strategic decisions in the games. PMID:26402322

  12. Modeling and Computation of Transboundary Industrial Pollution with Emission Permits Trading by Stochastic Differential Game.

    Directory of Open Access Journals (Sweden)

    Shuhua Chang

    Full Text Available Transboundary industrial pollution requires international actions to control its formation and effects. In this paper, we present a stochastic differential game to model the transboundary industrial pollution problems with emission permits trading. More generally, the process of emission permits price is assumed to be stochastic and to follow a geometric Brownian motion (GBM. We make use of stochastic optimal control theory to derive the system of Hamilton-Jacobi-Bellman (HJB equations satisfied by the value functions for the cooperative and the noncooperative games, respectively, and then propose a so-called fitted finite volume method to solve it. The efficiency and the usefulness of this method are illustrated by the numerical experiments. The two regions' cooperative and noncooperative optimal emission paths, which maximize the regions' discounted streams of the net revenues, together with the value functions, are obtained. Additionally, we can also obtain the threshold conditions for the two regions to decide whether they cooperate or not in different cases. The effects of parameters in the established model on the results have been also examined. All the results demonstrate that the stochastic emission permits prices can motivate the players to make more flexible strategic decisions in the games.

  13. An Optimization Scheduling Model for Wind Power and Thermal Power with Energy Storage System considering Carbon Emission Trading

    Directory of Open Access Journals (Sweden)

    Huan-huan Li

    2015-01-01

    Full Text Available Wind power has the characteristics of randomness and intermittence, which influences power system safety and stable operation. To alleviate the effect of wind power grid connection and improve power system’s wind power consumptive capability, this paper took emission trading and energy storage system into consideration and built an optimization model for thermal-wind power system and energy storage systems collaborative scheduling. A simulation based on 10 thermal units and wind farms with 2800 MW installed capacity verified the correctness of the models put forward by this paper. According to the simulation results, the introduction of carbon emission trading can improve wind power consumptive capability and cut down the average coal consumption per unit of power. The introduction of energy storage system can smooth wind power output curve and suppress power fluctuations. The optimization effects achieve the best when both of carbon emission trading and energy storage system work at the same time.

  14. Assessment of the controllability of condensible emissions. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Shareef, G.S.; Waddell, J.T.

    1990-10-01

    The report gives results of a study to gain insights into the condensible emissions area from an air toxics perspective, with emphasis on controllability and chemical composition of these emissions. The study: compiled existing data on condensible emissions; determined the chemical composition of condensible emissions, where possible; identified source categories that are major emitters of condensibles; evaluated the effectiveness of various control devices in reducing condensible emissions; and evaluated how the performance of currently available control technologies can be improved to better control condensible emissions. Two data bases were developed: the Condensibles Data Base contains 43 emission source categories; the Specialized Condensibles Data Base focuses on the chemical composition of condensible emissions.

  15. The surveillance of the electricity wholesale market and emission trading market; Die Ueberwachung von Stromgrosshandelsmarkt und Emissionshandelsmarkt

    Energy Technology Data Exchange (ETDEWEB)

    Luedemann, Volker [Hochschule Osnabrueck (Germany). Forschungszentrum Energiewirtschaft/Energierecht (fee); Hochschule Osnabrueck (Germany). Wirtschafts- und Wettbewerbsrecht; Konar, Selma [Sozietaet Becker Buettner Held, Muenchen (Germany)

    2015-05-15

    The Regulation on Wholesale Market Integrity and Transparency (REMIT) and the German Law on the Establishment of a Market Transparency Office for Wholesale Trade in Electricity and Gas (MTS-G) have fundamentally changed the surveillance of electricity wholesale trade in Germany. From now on the Federal Network Agency and the Federal Cartel Office will be jointly responsible for monitoring the electricity wholesale trade for suspicious market phenomena and abusive behaviour. The REMIT specifies that the electricity trade must be surveilled ''with due consideration to interactions'' with the emission trade system. However, occurrences observed in recent years have shown that the emission trading system is in need of reform. This has also been recognised and has prompted extensive corrective action by the regulatory authorities of the European Union. These changes have yet to be transposed into the national surveillance regimes. The present article explains why the new role accorded to the Federal Network Agency under the REMIT fails to eliminate the structural shortcomings of the old surveillance system. At least the decision to put the collection and evaluation of data exclusively in the hands of the market transparency office and the cooperation this will prompt between the supervisory authorities responsible will make the task of surveilling the energy wholesale trading market a lot easier for the authorities. The energy transition and its exigencies will yet lead to further changes in the market and its surveillance regime.

  16. CO2 emissions, real output, energy consumption, trade, urbanization and financial development: testing the EKC hypothesis for the USA.

    Science.gov (United States)

    Dogan, Eyup; Turkekul, Berna

    2016-01-01

    This study aims to investigate the relationship between carbon dioxide (CO2) emissions, energy consumption, real output (GDP), the square of real output (GDP(2)), trade openness, urbanization, and financial development in the USA for the period 1960-2010. The bounds testing for cointegration indicates that the analyzed variables are cointegrated. In the long run, energy consumption and urbanization increase environmental degradation while financial development has no effect on it, and trade leads to environmental improvements. In addition, this study does not support the validity of the environmental Kuznets curve (EKC) hypothesis for the USA because real output leads to environmental improvements while GDP(2) increases the levels of gas emissions. The results from the Granger causality test show that there is bidirectional causality between CO2 and GDP, CO2 and energy consumption, CO2 and urbanization, GDP and urbanization, and GDP and trade openness while no causality is determined between CO2 and trade openness, and gas emissions and financial development. In addition, we have enough evidence to support one-way causality running from GDP to energy consumption, from financial development to output, and from urbanization to financial development. In light of the long-run estimates and the Granger causality analysis, the US government should take into account the importance of trade openness, urbanization, and financial development in controlling for the levels of GDP and pollution. Moreover, it should be noted that the development of efficient energy policies likely contributes to lower CO2 emissions without harming real output.

  17. Designing an emissions trading scheme for China. An up-to-date climate policy assessment

    Energy Technology Data Exchange (ETDEWEB)

    Huebler, Michael [Zentrum fuer Europaeische Wirtschaftsforschung GmbH (ZEW), Mannheim (Germany); Hannover Univ. (Germany). Inst. for Environmental Economics and World Trade; Loeschel, Andreas; Voigt, Sebastian [Zentrum fuer Europaeische Wirtschaftsforschung GmbH (ZEW), Mannheim (Germany)

    2014-07-01

    We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate that the climate policy-induced welfare loss in 2020, measured as the level of GDP and welfare in 2020 under climate policy relative to their level under business-as-usual (BAU) in the same year, is about 1%. The Chinese welfare loss in 2020 slightly increases in the Chinese rate of economic growth in 2020. When keeping the emissions target fixed at the 2020 level after 2020 in absolute terms, the welfare loss will reach about 2% in 2030. If China's annual economic growth rate is 0.5 percentage points higher (lower), the climate policy-induced welfare loss in 2030 will rise (decline) by about 0.5 percentage points. Full auctioning of carbon allowances results in very similar macroeconomic effects as free allocation, but full auctioning leads to higher reductions in output than free allocation for ETS sectors. Linking the Chinese to the European ETS and restricting the transfer volume to one third of the EU's reduction effort creates at best a small benefit for China, yet with smaller sectoral output reductions than auctioning. These results highlight the importance of designing the Chinese ETS wisely.

  18. The emissions trading in view of the jurisdiction. Pt. 1; Der Emissionshandel im Lichte der Rechtsprechung. T. 1

    Energy Technology Data Exchange (ETDEWEB)

    Kobes, Stefan [Luther Rechtsanwaltsgesellschaft mbH Berlin (Germany); Bundesumweltministerium, Berlin (Germany). Arbeitsgruppe ' ' Emissionshandel zur Bekaempfung des Treibhauseffektes' ' ; Engel, Gernot-Ruediger [Luther Rechtsanwaltsgesellschaft mbH Berlin (Germany)

    2011-02-28

    With the introduction of emissions trading in the year 2003, the legislator has created a new, complex field of law which specially challenges the jurisdiction. The task of the jurisdiction primarily consisted to clarify constitutional issues and to design the system. Meanwhile there exist more than 100 decisions of European and German courts. The authors of the contribution under consideration report on the German jurisprudence on the Directive 2003/87/EC and on general issues of emissions trading in the period between 1st September, 2004 and 30th June, 2010.

  19. Interaction with environmental policy tools with the Emissions Trading System; Interactie Milieubeleidsinstrumenten met het ETS

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-01-15

    Successively, this paper first discusses some characteristics of the Emissions Trading System (ETS) and then gives the main objectives of the most important targets of interest for the deployment of additional environmental policy instruments. The memo concludes with an analysis in which the interaction between the ETS and some characteristic environmental policy instruments are explained. Next the question is posed whether the implementation of those environmental policy instruments can be understood on the basis of other targets [Dutch] Achtereenvolgens bespreekt deze notitie eerst enkele kenmerken van het ETS om vervolgens een overzicht te geven van de belangrijkste doelstellingen die van belang zijn bij de inzet van aanvullende milieubeleidsinstrumenten. De notitie sluit af met een analyse waarin de interactie tussen het ETS en enkele karakteristieke milieubeleidsinstrumenten wordt toegelicht om vervolgens de vraag te stellen of de inzet van deze milieubeleidsinstrumenten wellicht vanuit andere doelstellingen begrepen kan worden.

  20. EUROPEAN EMISSION TRADING SCHEME AT A TURNING POINT – FROM THE PILOT PHASE TO POST-2012

    Directory of Open Access Journals (Sweden)

    Aura Carmen Slate

    2011-09-01

    Full Text Available Climate change action has become a top priority for the European governments and for the European Union. Since the polluters are part of the energy-intensive industries, the mechanisms designed to reduce greenhouse gas emissions should focus on the economic sector as a primary source of concern. Therefore, environmental issues interrelate with the economic ones and one viable expression of this relation is the EU ETS, a cap-and-trade mechanism. The ETS started with a pilot phase in year 2005 and will continue with a third phase after 2012, period which coincides with the end of Kyoto’s commitment. Although statistical data prove that the EU ETS is becoming more efficient with each phase, in the absence of global involvement the efforts invested in the scheme will be made in vain.

  1. Essays on Energy and Climate Policy - Green Certificates, Emissions Trading and Electricity Prices

    Energy Technology Data Exchange (ETDEWEB)

    Widerberg, Anna

    2011-05-15

    Paper I: An Electricity Trading System with Tradable Green Certificates and CO{sub 2}-emission Allowances Combinations of various policy instruments to deal with the threat of climate change are used throughout the world. The aim of this article is to investigate an electricity market with two different policy instruments, Tradable Green Certificates (TGCs) and CO{sub 2} emission allowances (an Emission Trading System, ETS). We analyze both the short- and long-run effects of a domestic market and a market ... more with trade. We find that increasing the TGC quota obligation will decrease the electricity produced using non-renewable sources as well as the long-run total production of electricity. For the electricity produced using renewable energy sources, an increase in the quota obligation leads to increased production in almost all cases, with assumptions based on historical data. The impacts of the ETS price on the electricity production are negative for all electricity production, which is surprising. This means that the combination of ETS and TGCs gives unexpected and unwanted results for the electricity production using renewable sources, since an increase in the ETS price leads to a decrease in this production. Paper II: The Impact of the EU Emissions Trading System on CO{sub 2} Intensity in Electricity Generation The primary objective of EU Emissions Trading System (EU ETS) is to reduce CO{sub 2} emissions. We study the effect of the EU ETS on CO{sub 2} intensity of Swedish electricity generation, using an econometric time series analysis on weekly data for the period 2004-2008. We control for effects of other input prices and hydropower reservoir levels. Our results do not indicate any link between the price of EU ETS and the CO{sub 2} intensity. The most likely reasons to explain this is that emission reductions are generally cheaper in other sectors and that other determinants of fossil fuel use diminish the effects of the EU ETS. Paper III: Attitudes to

  2. Efficiency of the emission trading. A contribution to the climate protection law; Effizienz im Emissionshandel. Ein Beitrag zum Klimaschutzrecht

    Energy Technology Data Exchange (ETDEWEB)

    Frenz, Walter [RWTH Aachen Univ. (Germany). Lehr- und Forschungsgebiet Berg-, Umwelt- und Europarecht; Wimmers, Kristina [RWTH Aachen Univ. (Germany)

    2014-07-01

    The contribution discusses the following topics: Inclusion of additional sectors into the emission trading: road traffic and sea traffic, the stepwise realization and difficulties; the failed inclusion of air traffic, rigid penalties in case of violation of the fee delivery, thread for the complete mechanism, over-compliance in Germany and international perspectives.

  3. Cross-border electricity market effects due to price caps in an emission trading system : An agent-based approach

    NARCIS (Netherlands)

    Richstein, J.C.; Chappin, E.J.L.; De Vries, L.J.

    2014-01-01

    The recent low CO2 prices in the European Union Emission Trading Scheme (EU ETS) have triggered a discussion whether the EU ETS needs to be adjusted. We study the effects of CO2 price floors and a price ceiling on the dynamic investment pathway of two interlinked electricity markets (loosely based

  4. Black carbon emissions from diesel sources in Russia. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Kholod, Nazar [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Evans, Meredydd [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2016-08-31

    This report presents a detailed inventory of Russian BC emissions from diesel sources. Drawing on a complete Russian vehicle registry with detailed information about vehicle types and emission standards, this report analyzes BC emissions from diesel on-road vehicles. On-road diesel vehicles emitted 21 Gg of BC in 2014: heavy-duty trucks account for 60% of the on-road BC emissions, while cars represent only 5% (light commercial vehicles and buses account for the remainder). Using Russian activity data and fuel-based emission factors, the report also presents BC emissions from diesel locomotives and ships, off-road engines in industry, construction and agriculture, and generators. The total emissions from diesel sources in Russia are estimated to be 49 Gg of BC in 2014.

  5. Impacts of the abolition of NOx emission trade; Effecten van de afschaffing van NOx- emissiehandel

    Energy Technology Data Exchange (ETDEWEB)

    Kroon, P. [ECN Beleidsstudies, Petten (Netherlands)

    2012-09-15

    The consequences of abolishing the NOx emission trade have been analyzed for the installations that are covered by BEMS legislation (Dutch decree on emission limits for medium-sized combustion plants). The following aspects have been analyzed: What are the enforcement costs if these installations need to comply with BEMS requirements as of 2014?; How are these costs distributed across the various sectors and in particular for the sectors of onshore/offshore gas and oil extraction, greenhouse horticulture and hospitals?; To what extent can costs be lowered by allowing a 2-,3- or 5-year delay of the implementation date for existing installations in BEMS? To answer the above questions, data were used from the NEA (Netherlands Emission Authority) at sector level. Model calculations were conducted to determine the costs and effects [Dutch] De gevolgen van de afschaffing van NOx-emissiehandel zijn geanalyseerd voor het installatiepark dat terugvalt op BEMS-wetgeving (Besluit emissie-eisen middelgrote stookinstallaties). De volgende zaken zijn geanalyseerd: Wat zijn de nalevingskosten indien vanaf 2014 deze installaties aan de BEMS-eisen moeten voldoen?; Hoe zijn deze kosten verdeeld over de verschillende sectoren en in het bijzonder voor de sectoren offshore/onshore gas- en oliewinning, de glastuinbouw en ziekenhuizen?; In hoeverre zijn de kosten te verlagen door 2, 3 of 5 jaar uitstel te geven ten opzichte van de implementatiedatum voor bestaande installaties in BEMS? Voor het beantwoorden van de bovenstaande vragen is gebruik gemaakt van gegevens van de NEa (Nederlandse Emissie autoriteit) op sectorniveau. Met modelberekeningen zijn hiermee kosten en effecten bepaald.

  6. Strengthening the European Union emissions trading scheme and raising climate ambition. Facts, measures and implications

    Energy Technology Data Exchange (ETDEWEB)

    Hermann, Hauke; Matthes, Felix C. [Oeko-Institut e.V. - Institut fuer Angewandte Oekologie, Berlin (Germany)

    2012-06-15

    EU energy and climate policy faces manifold challenges. The debate on tougher emis-sions reduction targets for 2020 is gaining momentum, the need for an integrated framework and long-term targets as well as consistent and interim targets for 2020 and 2030 is becoming clear and adjustments to the EU's Emissions Trading Scheme (EU ETS) seem to be indispensable to preserve its role as a central pillar of the EU's energy and climate policy mix. The EU is very close to fulfilling its recent greenhouse gas emission commitments for 2020. Including the committed and projected use of external emissions reduction credits, only a gap of three percentage points remains, which is theoretically already gap-filled with the cap of the EU ETS by 2020. The current situation is also challenging for the EU ETS, which is facing significantly falling allowance prices. The fundamental reason for this price trend is the massive supply of EU emission allowances (EUA) and emission reduction credits which exceeds the demand significantly. This surplus was 950 million EUA in 2011, will reach approx. 2 billion EUA in 2013 and still amount to 1.4 billion EUA in 2020. It results from huge entitlements for the use of external emission reduction credits from CDM and JI and the long-term impacts of the economic crisis. Only a minor contribution to the surplus results from the support for renewable energy sources (RES) with complementary policies to the EU ETS because the recent growth plans for RES match quite well with the assumptions made for cap-setting in 2008. Two different approaches were used to analyse potential interventions and adjustments of the EU ETS. Firstly, a set aside of 1,400 million allowances combined with a tighter cap for the EU ETS by increasing the linear reduction factor from a recent 1.74 % to 2.25 % from 2014 onwards. Secondly, the adjustment of the linear reduction factor was derived from more ambitious goals for the total domestic emission reductions. An

  7. A Joint Scheduling Optimization Model for Wind Power and Energy Storage Systems considering Carbon Emissions Trading and Demand Response

    Directory of Open Access Journals (Sweden)

    Yin Aiwei

    2016-01-01

    Full Text Available To reduce the influence of wind power random on system operation, energy storage systems (ESSs and demand response (DR are introduced to the traditional scheduling model of wind power and thermal power with carbon emission trading (CET. Firstly, a joint optimization scheduling model for wind power, thermal power, and ESSs is constructed. Secondly, DR and CET are integrated into the joint scheduling model. Finally, 10 thermal power units, a wind farm with 2800 MW of installed capacity, and 3×80 MW ESSs are taken as the simulation system for verifying the proposed models. The results show backup service for integrating wind power into the grid is provided by ESSs based on their charge-discharge characteristics. However, system profit reduces due to ESSs’ high cost. Demand responses smooth the load curve, increase profit from power generation, and expand the wind power integration space. After introducing CET, the generation cost of thermal power units and the generation of wind power are both increased; however, the positive effect of DR on the system profit is also weakened. The simulation results reach the optimum when both DR and CET are introduced.

  8. Changing Energy Policy. The proposed Energy Efficiency Directive and its consequences for Renewable Energy and EU Emission Trade

    Energy Technology Data Exchange (ETDEWEB)

    Fouquet, D. [European Renewable Energies Federation EREF, BRussels (Belgium); Nysten, J. [Becker Buettner Held BBH, Brussels (Belgium)

    2012-01-15

    When the foundations for the EU Emission Trade System were laid in 1998, neither renewable energy nor energy efficiency were explicitly taken into account. Now, over a decade later, the EU's climate and energy policy include three-pronged 2020 targets to increase efficiency, reduce greenhouse gas emissions and ensure a minimum share of renewables in the energy mix. However, without careful coordination between the different legislative measures, it is likely that one system will distort the functioning of the other and in the end, the EU will fall short of its bigger energy and climate goals. The Commission's recent Proposal for an Energy Efficiency Directive has been sent to the Parliament and, most recently, a Draft Report has been released by the Committee on Industry, Research and Energy. Against this backdrop, the following article examines the compatibility of the Commission's proposal with the existing Emission Trade System and the Renewable Energy Directive.

  9. Dynamic impact of urbanization, economic growth, energy consumption, and trade openness on CO 2 emissions in Nigeria.

    Science.gov (United States)

    Ali, Hamisu Sadi; Law, Siong Hook; Zannah, Talha Ibrahim

    2016-06-01

    The objective of this paper is to examine the dynamic impact of urbanization, economic growth, energy consumption, and trade openness on CO 2 emissions in Nigeria based on autoregressive distributed lags (ARDL) approach for the period of 1971-2011. The result shows that variables were cointegrated as null hypothesis was rejected at 1 % level of significance. The coefficients of long-run result reveal that urbanization does not have any significant impact on CO 2 emissions in Nigeria, economic growth, and energy consumption has a positive and significant impact on CO 2 emissions. However, trade openness has negative and significant impact on CO 2 emissions. Consumption of energy is among the main determinant of CO 2 emissions which is directly linked to the level of income. Despite the high level of urbanization in the country, consumption of energy still remains low due to lower income of the majority populace and this might be among the reasons why urbanization does not influence emissions of CO 2 in the country. Initiating more open economy policies will be welcoming in the Nigerian economy as the openness leads to the reduction of pollutants from the environment particularly CO 2 emissions which is the major gases that deteriorate physical environment.

  10. A Panel Estimation of the Relationship Between Trade Liberalization, Economic Growth and CO2 Emissions in BRICS Countries

    Directory of Open Access Journals (Sweden)

    Mehrara Mohsen

    2013-12-01

    Full Text Available In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC, suggests that environmental degradation increases in the early stages of growth, but it eventually decreases as income exceeds a threshold level. However, this paper investigation relationship between per capita CO2 emission, growth economics and trade liberalization based on econometric techniques of unit root test, co-integration and a panel data set during the period 1960-1996 for BRICS countries. Data properties were analyzed to determine their stationarity using the LLC , IPS , ADF and PP unit root tests which indicated that the series are I(1. We find a cointegration relationship between per capita CO2 emission, growth economics and trade liberalization by applying Kao panel cointegration test. The evidence indi\tcates that in the long-run trade liberalization has a positive significant impact on CO2 emissions and impact of trade liberalization on emissions growth depends on the level of income Our findings suggest that there is a quadratic relationship between relationship between real GDP and CO2 emissions for the region as a whole. The estimated long-run coefficients of real GDP and its square satisfy the EKC hypothesis in all of studied countries. Our estimation shows that the inflection point or optimal point real GDP per capita is about 5269.4 dollars. The results show that on average, sample countries are on the positive side of the inverted U curve. The turning points are very low in some cases and very high in other cases, hence providing poor evidence in support of the EKC hypothesis. Thus, our findings suggest that all BRICS countries need to sacrifice economic growth to decrease their emission levels

  11. Understanding the differing governance of EU emissions trading and renewable: feedback mechanisms and policy entrepreneurs

    Energy Technology Data Exchange (ETDEWEB)

    Boasson, Elin Lerum; Wettestad, Joergen

    2010-04-15

    This paper presents a comparative study of two central EU climate policies: the revised Emissions Trading System (ETS), and the revised Renewable Energy Directive (RES). Both were originally developed in the early 2000s and revised policies were adopted in December 2008. While the ETS from 2013 on will have a quite centralized and market-streamlined design, the revised RES stands forward as a more decentralized and technology-focused policy. Differing institutional feed-back mechanisms and related roles of policy entrepreneurs can shed considerable light on these policy differences. Due to member states' cautiousness and contrary to the preferences of the Commission, the initial ETS was designed as a rather decentralized and 'politicized' market system, creating a malfunctioning institutional dynamic. In the revision process, the Commission skillfully highlighted this ineffective dynamic to win support for a much more centralized and market-streamlined approach. In the case of RES, national technology-specific support schemes and the strong links between the renewable industry and member states promoted the converse outcome: decentralization and technology development. Members of the European Parliament utilized these mechanisms through policy networking, while the Commission successfully used developments within the global climate regime to induce some degree of centralization. (Author)

  12. European emission trading, renewable energy law and the law of governmental environmental allowances; Europaeischer Emissionshandel, Erneuerbare-Energien-Gesetz und das Recht der Umweltbeihilfen. Plaedoyer fuer einen ''more environmental approach'' im EU-Wettbewerbsrecht

    Energy Technology Data Exchange (ETDEWEB)

    Jacobs, Max

    2016-07-01

    The book on European emission trading, renewable energy law and the law of governmental environmental allowances covers the following issues: The European emission trading system and the European law on competition, the European emission trading system and competitive concerns; The European renewable energy law and the European law on competition, The European renewable energy law and competitive concerns; environmental protection the European competition policy.

  13. The emissions trading in view of the jurisdiction. Pt. 2; Der Emissionshandel im Lichte der Rechtsprechung. T. 2

    Energy Technology Data Exchange (ETDEWEB)

    Kobes, Stefan [Luther Rechtsanwaltsgesellschaft mbH Berlin (Germany); Bundesumweltministerium, Berlin (Germany). Arbeitsgruppe ' ' Emissionshandel zur Bekaempfung des Treibhauseffektes' ' ; Engel, Gernot-Ruediger [Luther Rechtsanwaltsgesellschaft mbH Berlin (Germany)

    2011-03-15

    Meanwhile, European and German courts have clarified a variety of important legal issues of emissions trading in Germany. The authors of the contribution under conideration report on the jurisdiction up to 30th June, 2010 with regard to individual rules of allocation of the ZuG 2007 and the ZuG 2012 (ZuG - Law on the National Allocation Plan for greenhouse gas emission certificates), the reporting and sanctions procedures, the Project-related Mechanisms Act, issues of legal protection and levying fees as well as claims to information under the Environmental Information Act.

  14. The long, slow birth of a U.S. emissions trading regime. Recent developments in U.S. climate policy

    Energy Technology Data Exchange (ETDEWEB)

    Freestone, D.; Frenkil, D.J. [George Washington University Law School, Washington D.C. (United States)

    2010-11-15

    On Friday, 23 April 2010, the leadership of the 11th Congress and the Obama Administration were poised to capitalise on recent, unparalleled progress in furtherance of U.S. climate policy. Over the past year, the U.S. House of Representatives passed the first climate bill in United States history, and the Obama Administration quickly initiated the regulation of greenhouse gas ('GHG') emissions, primarily through the U.S. Environmental Protection Agency ('EPA') after years of neglect by the Bush Administration. Just two days were left to go until Monday, 26 April 2010, when CEOs from leading energy, financial and manufacturing corporations were scheduled to join senators from both sides of the aisle to introduce the missing link in a federal 'cap-and-trade' scheme: a climate bill that was 'filibusterproof' in the Senate - i.e. capable of gaining the necessary 60 votes out of the 100 members of the U.S. Senate to pass a procedural motion on the bill that effectively cuts off debate and brings the bill to a vote. The bill was the product of nearly a year of deal-making and compromise between leaders from both parties, which seldom occurs these days on Capital Hill. One of the pivotal aspects of that compromise was that Senate democrats were willing to accept the demand of Republicans to include a provision in the bill that would expand offshore oil drilling. However, in the midst of a turbulent political environment (a controversial immigration bill and the Deepwater Horizon drilling disaster), coupled with an economic downturn, climate policy had to take a backseat on the national agenda to issues like unemployment and the wars in Iraq and Afghanistan in the final months leading up to the November 2, 2010 'mid-term' elections. However slow the momentum of a GHG emission-reducing regime in the United States prior to the 2010 elections, the process came to a crashing halt when American voters handed the U.S. House of

  15. Putting a price on carbon. Econometric essays on the European Union emissions trading scheme and its impacts

    Energy Technology Data Exchange (ETDEWEB)

    Aatola, P.

    2013-06-01

    This dissertation examines the main instrument of the European Union climate policy, the emissions trading scheme (EU ETS) during its first years. Emission trading provides a cost-efficient way to reduce emissions. It creates a price on carbon dioxide and thereby incentives for cleaner production. The four empirical studies in this dissertation provide new information on the price determination in the emissions trading market, market efficiency and market interactions with the electricity markets. This information is useful for many purposes. It benefits the market participants who make choice between trading of emission allowances in the market and abatement of emissions. For the authorities and policy planners the price signal and the efficiency of the markets reveal unique real-time information on marginal abatement costs, impacts of policy decisions and impacts of institutional design of this policy instrument. To be a well-functioning policy instrument the EU ETS should create a credible price signal and efficient markets for trading allowances. The objective of this dissertation is to analyze the EU ETS markets and the price of the European Union emissions allowance, EUA, with econometric time series models. A large data set on market fundamentals is used to analyze the price series. The results of this dissertation reveal that EU ETS is functions well. Carbon has a price that reflects to a large extent the market fundamentals in the study period. The markets are maturing even if not fully informational efficient yet. Interactions with electricity markets are close. The impact of price of carbon on the price of electricity is positive but spatially uneven. In the long run, also climate change affects the electricity bill. The first study of this dissertation investigates the price determination in the market. The empirical results based on years 2005-2011 show that the price of the EUA is largely determined by the market fundamentals. Especially the price of

  16. Putting price tags on international trade use of state infrastructure : final report.

    Science.gov (United States)

    2017-03-01

    As a major gateway to the entire U.S. for international trade both through seaports and land ports of entry, Texas pays the bills for the construction and maintenance of the infrastructure required to move the freight which benefits other parts of th...

  17. Sectoral Innovation Watch Retail and Wholesale Trade Sector. Final sector report

    NARCIS (Netherlands)

    Schaffers, H.; Rubalcaba, L.; Merino, F.; Giesecke, S.; Schaper-Rinkel, P.; Velsing, E.J.; Montalvo, C.

    2011-01-01

    The retail and wholesale trade sector traditionally is considered as a poor innovator. Innovation is seen as driven mostly by applications of information and communication technology (ICT). This report adopts a more comprehensive definition of innovation than the traditional one, taking into account

  18. Sectoral Innovation Performance in the Wholesale and Retail Trade Sector. Final report. Task 1

    NARCIS (Netherlands)

    Schaffers, H.; Merino, F.; Rubalcaba, L.; Velsing, E.J.; Giesecike, S.

    2010-01-01

    The Retail and Wholesale Trade sector (NACE 51, 52 according to the European Statistical Nomenclature) traditionally is considered as a poor innovator. Innovation is seen as driven mostly by applications of information and communication technology (ICT). This report adopts a more comprehensive

  19. Final Rule on Ozone Transport Commission; Low Emission Vehicle Program for the Northeast Ozone Transport Region

    Science.gov (United States)

    EPA is announcing its final determination that reduction of new motor vehicle emissions throughout the Northeast Ozone Transport Region (OTR) is necessary to mitigate the effects of air pollution transport.

  20. Fact Sheets: Final Air Toxics Rules for Ethylene Oxide Emissions from Commercial Sterilization and Fumigation Operations

    Science.gov (United States)

    This page contains November 1994 and November 1999 fact sheets with information regarding the Final Ethylene Oxide Emissions Standards for Sterilization Facilities. These documents contain answers to common questions for this NESHAP

  1. The Impact of Emissions Trading on the Price of Electricity in Nord Pool : Market Power and Price Determination in the Nordic Electricity Market

    OpenAIRE

    Oranen, Anna

    2006-01-01

    The objective of this thesis is to find out how dominant firms in a liberalised electricity market will react when they face an increase in the level of costs due to emissions trading, and how this will effect the price of electricity. The Nordic electricity market is chosen as the setting in which to examine the question, since recent studies on the subject suggest that interaction between electricity markets and emissions trading is very much dependent on conditions specific to each market ...

  2. Clean coal technology and emissions trading: Is there a future for high-sulfur coal under the Clean Air Act Amendments of 1990?

    Energy Technology Data Exchange (ETDEWEB)

    Bailey, K.A.; South, D.W. [Argonne National Lab., IL (United States); McDermott, K.A. [Argonne National Lab., IL (United States)]|[Illinois State Univ., Normal, IL (United States)

    1991-12-31

    The near-term and long-term fate of high-sulfur coal is linked to utility compliance plans, the evolution of emission allowance trading, state and federal regulation, and technological innovation. All of these factors will play an implicit role in the demand for high-sulfur coal. This paper will explore the potential impact that emissions trading will have on high-sulfur coal utilization by electric utilities. 28 refs., 6 figs., 4 tabs.

  3. Trade-offs between nitrous oxide emission and C-sequestration in the soil: the role of earthworms

    Science.gov (United States)

    van Groenigen, J.; Lubbers, I. M.; Giannopoulos, G.

    2008-12-01

    The rapidly rising concentrations of the greenhouse gas carbon dioxide (CO2) in the atmosphere has spurred the interest in soils as a potential carbon (C) sink. However, there are many reports indicating that C- sequestration is often negated by elevated emissions of the potent greenhouse gas nitrous oxide (N2O). It is not yet clear what the driving factors behind this trade-off are, nor how it can be avoided. We suggest that earthworm activity may be partly responsible for the trade-off. Earthworm activity is increasingly recognized as being beneficial to C-sequestration through stabilization of SOM. We report experimental results suggesting that they can also lead to strongly elevated N2O-emissions. In a first experiment, dried grass residue (Lolium perenne) was applied at the top of a loamy soil or mixed through the soil, and N2O-emission was followed for three months. Treatments included presence of the epigeic earthworm Lumbricus rubellus and the anecic earthworm Aporrectodea longa. Cumulative N2O-emissions increased significantly for both species. The strongest effect was measured for L. rubellus, where N2O-emissions significantly increased from 55.7 to 789.1 micro g N2O-N kg- 1 soil. This effect was only observed when residue was applied on top of the soil. In a second experiment we determined the effect of epigeic (L. rubellus) and endogeic (Aporrectodea caliginosa) earthworms on N2O-emissions for two different soil types (loam and sand) in the presence of 15N-labeled radish residue (Raphanus sativus subsp. oleiferus). Both species showed significant increases in N2O-emissions, which differed with residue application method and soil type. N2O- emissions were generally larger in loamy soils and the strongest effect was measured for A. caliginosa when residue was mixed into the soil, increasing emissions from 1350.1 to 2223.2 micro g N2O-N kg- 1 soil. L. rubellus only resulted in elevated N2O-emissions when residue was applied on top. These studies make it

  4. Short-term impact of green certificates and CO{sub 2} emissions trading in the Swedish district heating sector

    Energy Technology Data Exchange (ETDEWEB)

    Knutsson, David; Werner, Sven; Ahlgren, Erik O. [Chalmers University of Technology, Gothenburg (Sweden). Energy Systems Technology, Department of Energy and Environment

    2006-12-15

    Swedish district-heating (DH) systems use a wide range of energy sources and technologies for heat-and-power generation. This provides the DH utilities with major flexibility in changing their fuel and technology mix when the economic conditions for generation change. Two recently introduced policy instruments have changed the DH utilities' costs for generation considerably; the tradable green-certificate (TGC) scheme introduced in 2003 in Sweden, and the tradable greenhouse-gas emission permit (TEP) scheme introduced in the EU on January 1, 2005. The objective of this study is to analyse how these two trading schemes impact on the operation of the Swedish DH sector in terms of changes in CHP generation, CO{sub 2} emissions, and operating costs. The analysis was carried out by comparing the most cost-effective operation for the DH utilities, with and without, the two trading schemes applied, using a model that handles the Swedish DH-sector system-by-system. It was found that the volume of renewable power generated in CHP plants only increased slightly owing to the TGC scheme. The TGC and the TEP schemes in force together, however, nearly doubled the renewable power-generation. CO{sub 2} emissions from the DH sector may either increase or decrease depending on the combination of TGC and TEP prices. The overall CO{sub 2} emissions from the European power-generation sector would, however, be reduced for all price combinations assuming that increased Swedish CHP generation replaces coal-condensing power (coal-fired plants with power generation only) in other European countries. The trading schemes also lower the operational costs of the DH sector since the cost increase owing to the use of more expensive fuels and the purchase of TEPs is outweighed by the increased revenues from sales of electricity and TGCs. (author)

  5. The EU system for emissions trading after year 2012; EU:s system foer handel med utslaeppsraetter efter 2012

    Energy Technology Data Exchange (ETDEWEB)

    Normand, Mathias; Mjureke, David (eds.)

    2007-01-15

    The Government has instructed the Swedish Energy Agency and the Swedish Environmental Protection Agency to put forward a proposal for how the EU Emissions Trading Scheme (EU ETS) should be developed after 2012, subject to the overall objective of continuing to reduce emissions with the aim of achieving the long-term objectives of the Convention on Climate Change. In its Council Conclusions (7619/1/05) the EU has interpreted the long-term objectives of the Convention on Climate Change as aiming to achieve emission reductions of 15-30 % in the industrialised countries by 2020. According to Council Conclusions (13435/05), the EU has also decided that the Emissions Trading Scheme should continue after 2012. The starting point for this report is that, after 2012, the Scheme will be a key instrument in achieving cost-efficient emission reductions, not only within the EU but also globally, and regardless of whether, with effect from 2013, the Scheme has become a part of an international climate regime, or is serving as a transition to some future new international climate regime. The purpose of this report is to provide a proposal for how the Emissions Trading Scheme should be developed after 2012. The aim is to construct a system that helps to reduce global emissions of greenhouse gases (maintaining climate integrity), that assists measures being taken where they are cheapest (cost efficiency), that is accepted by parties concerned and by the general public (confidence inspiring), and which does not adversely affect the competitiveness of business or industry (competition-neutral). The Agencies recommend that Sweden should adopt the following standpoints concerning development of the EU Emissions Trading Scheme after 2012. (Recommended changes to the system presuppose a harmonised implementation throughout the EU.): In connection with international negotiations, Sweden should press for the Emissions Trading Scheme to be developed in such a way as to make it possible to

  6. How to design a border adjustment for the European Union Emissions Trading System?

    Energy Technology Data Exchange (ETDEWEB)

    Monjon, Stephanie; Quirion, Philippe [Centre International de Recherche sur l' Environnement et le Developpement (CIRED), CNRS, Jardin Tropical, 45 bis Avenue de la Belle Gabrielle, F 94736 Nogent-sur-Marne (France)

    2010-09-15

    Border adjustments are currently discussed to limit the possible adverse impact of climate policies on competitiveness and carbon leakage. We discuss the main choices that will have to be made if the European Union implements such a system alongside the EU ETS. Although more analysis is required on some issues, on others some design options seem clearly preferable to others. First, the import adjustment should be a requirement to surrender allowances rather than a tax. Second, the general rule to determine the amount of allowances per ton imported should be the product-specific benchmarks that the European Commission is currently elaborating for a different purpose (i.e. to determine the amount of free allowances). Third, this obligation should apply when the imported product is registered at the EU border, and not after the end of the year as is the case for domestic emitters. Fourth, the export adjustment should take the form of a rebate on the amount of allowances a domestic emitter has to surrender. Five, this rebate should equal the above-mentioned product-specific benchmarks, not the emissions of the particular exporting plant or firm. Finally, the adjustment does not have to apply to consumer products but mostly to basic products. (author)

  7. Farm scale greenhouse gas accounting as basis for emissions trading or financial support

    DEFF Research Database (Denmark)

    Olesen, Jørgen E; Svendsen, Gert Tinggaard

    2013-01-01

    also farm productivity, through adoption of the efficiency measures that increase production per unit emissions, or through changes in land use, farm management or technologies that target reduction in GHG emissions. Different farm types may have very different options for emissions reductions...

  8. Performance Assessment and Outlook of China’s Emission-Trading Scheme

    OpenAIRE

    Guan, Dabo; Shan, Yuli; Liu, Zhu; He, Kebin

    2016-01-01

    China overtook the US as the world’s top emitter in 2007, and produced 1.5 times the emissions of the US by 2013 [1]. At present, China’s emissions make up over a quarter of the global total. China is expected to produce three times the emissions of the US by 2030 [2]. Indeed, China’s role and efforts in CO_2 reductions matter greatly for the peaking of global emissions, even without further emission leakages to less-developed regions or countries. China recently announced the launch of a nat...

  9. Integration of CCS, emissions trading and volatilities of fuel prices into sustainable energy planning, and its robust optimization

    Energy Technology Data Exchange (ETDEWEB)

    Koo, Jamin; Han, Kyusang; Yoon, En Sup [School of Chemical and Biological Engineering, Seoul National University, Seoul 151-742 (Korea, Republic of)

    2011-01-15

    In this paper, a new approach has been proposed that allows a robust optimization of sustainable energy planning over a period of years. It is based on the modified energy flow optimization model (EFOM) and minimizes total costs in planning capacities of power plants and CCS to be added, stripped or retrofitted. In the process, it reduces risks due to a high volatility in fuel prices; it also provides robustness against infeasibility with respect to meeting the required emission level by adopting a penalty constant that corresponds to the price level of emission allowances. In this manner, the proposed methodology enables decision makers to determine the optimal capacities of power plants and/or CCS, as well as volumes of emissions trading in the future that will meet the required emission level and satisfy energy demand from various user-sections with minimum costs and maximum robustness. They can also gain valuable insights on the effects that the price of emission allowances has on the competitiveness of RES and CCS technologies; it may be used in, for example, setting appropriate subsidies and tax policies for promoting greater use of these technologies. The proposed methodology is applied to a case based on directions and volumes of energy flows in South Korea during the year 2008. (author)

  10. Companies and the EU emissions trading system in the period of 2013-2020; Unternehmen und der EU-Emissionshandel in der Periode 2013-2020

    Energy Technology Data Exchange (ETDEWEB)

    Wallner, Klaus; Pacher, Christian; Geres, Roland [FutureCamp Climate GmbH, Muenchen (Germany)

    2011-12-15

    An increasing number of states are adopting national climate objectives whose implementation is based on the introduction of variously designed emissions trading systems. The third period of the European emissions trading scheme is starting against the backdrop of these developments. For companies the renewed framework further intensifies business implications however it also provides them with new opportunities to expand their business segments on an international scale. An integrated management of a company's emissions position represents an adequate solution in which tracking and evaluating developments in climate policy build an analytical superstructure.

  11. The European Union's potential for strategic emissions trading through permit sales contracts

    Energy Technology Data Exchange (ETDEWEB)

    Eyckmans, Johan [Hogeschool-Universiteit Brussel and Centrum voor Economische Studien of the Katholieke Universiteit Leuven, Naamsestraat 69, B-3000 Leuven (Belgium); Hagem, Cathrine [Statistics Norway (Norway)

    2011-01-15

    Strategic market behavior by permit sellers will harm the European Union (EU) as it is expected to become a large net buyer of permits in a follow-up agreement to the Kyoto Protocol. In this paper, we explore how the EU could benefit from making permit trade agreements with non-EU countries. These trade agreements involve permit sales requirement, complemented by a financial transfer from the EU to the other contract party. Such agreements would enable the EU to act strategically in the permit market on behalf of its member states, although each member state is assumed to behave as a price taker in the permit market. Using a stylized numerical simulation model, we show that an appropriately designed permit trade agreement between the EU and China could significantly cut the EU's total compliance cost. This result is robust for a wide range of parameterizations of the simulation model. (author)

  12. The European Union's potential for strategic emissions trading through minimal permit sale contracts

    Energy Technology Data Exchange (ETDEWEB)

    Eyckmans, Johan [Leuven Catholic Univ. (Belgium); Hagem, Cathrine [Statistik Sentralbyra, Oslo (Norway)

    2009-09-15

    Strategic market behavior by permit sellers will harm the European Union as the EU as a whole is expected to become a large net buyer of permits in a follow-up agreement to the Kyoto Protocol. In this paper we explore how the EU could benefit from making permit trade agreements with non-EU countries. These trade agreements involve a minimum permit sales requirement complemented by a financial transfer from the EU to the other contract party. Such agreements enable the EU to act strategically in the permit market on behalf of its member states, although each member state is assumed to behave as a price taker in the permit market. Using a stylized numerical simulation model we show that an appropriately designed permit trade agreement between the EU and China can cut EU's total compliance cost significantly. This result is robust for a wide range of parameterizations of the simulation model. (orig.)

  13. The real option to fuel switch in the presence of expected windfall profits under the EU Emission Trading Scheme

    Energy Technology Data Exchange (ETDEWEB)

    Luca Taschini; Simon Urech [London School of Economics, London (United Kingdom). Grantham Research Institute

    2010-07-01

    This paper develops a simple model to evaluate the value and the activation frequencies of a generation system consisting of coal-fired and a gas-fired power plants using a real options approach, and the notions of clean-spark and clean-dark spreads. Under a cap-and-trade scheme, the use of emission permits represents an opportunity cost. In the energy industry different generation technologies produce different levels of CO{sub 2} emissions and, therefore, different opportunity costs. Addressing the question of how expected windfall profits affect the profitability of a generation plant and its activation frequencies, the paper shows that conventional findings are reversed. When the opportunity cost is internalized, the rate of activation of the gas plant decreases while that of the coal plant increases.

  14. Evaluating Future Land-use Change Scenarios: Trade-offs between Bio-energy Demand, Food Production, and Carbon Emission

    Science.gov (United States)

    Kato, E.; Yamagata, Y.

    2012-12-01

    In the construction of consistent future climate scenario, land use scenario has important role through both biogeochemical and biogeophysical effects on climate change. In terms of carbon emissions by the land-use change, relative importance may be high in the lower radiative forcing and lower carbon emission scenarios, which may use large amount of bio-energy with carbon capture and storage (BECCS). In this study, we first evaluated the CO2 emissions by land-use change in the 21st century using each RCPs scenarios. We use an offline terrestrial biogeochemical model VISIT, with book-keeping consideration of the carbon emission from deforested biomass and the regrowing uptake from abandoned cropland and pasture employing the gridded transition land-use data from RCPs. Effect of CO2 fertilization, land-use transition itself, and climate change are evaluated in the analysis. We found that constructing consistent land-use change carbon emission scenario with the gridded land-use change data requires precise considerations of effects of CO2 fertilization and climate change particularly for the regrowing uptake. Also, our result showed more emission of CO2 by the land-use change than the assumption in the integrated assessment model for RCP2.6 scenario. Then, we estimated the land-use area required to sustain the required biofuel production to match the assumption of BECCS use in RCPs with a global process based crop model. In the evaluation, we also estimated the further changes in carbon emissions by the required land-use change due to differences in crop yield assumptions, which also take into account of climate change. The trade-offs between land-use for crop, biocrop, and natural vegetation low-carbon scenario are discussed using the integrated terrestrial modeling approach.

  15. How to Set the Allowance Benchmarking for Cement Industry in China’s Carbon Market: Marginal Analysis and the Case of the Hubei Emission Trading Pilot

    Directory of Open Access Journals (Sweden)

    Fan Dai

    2017-02-01

    Full Text Available Greenhouse gas (GHG benchmarking for allocation serves as rewards for early actions in mitigating GHG emissions by using more advanced technologies. China Hubei launched the carbon emission trading pilot in 2014, with the cement industry represented as a major contributor to the GHG emissions in Hubei. This article is set to establish a general benchmarking framework by describing and calculating the marginal abatement cost curve (MACC and marginal revenue and then comparing the different GHG benchmarking approaches for the cement industry in the Hubei Emission Trading Pilot (Hubei ETS case. Based on the comparison of three GHG benchmarking approaches, the Waxman-Markey standard, the European Union Emission Trading Scheme (EU ETS cement benchmarking, and the benchmarking approach applied in California Cap-and-Trade program, it is found that; (1 the Waxman-Markey benchmark is too loose to apply in Hubei as it provides little incentive for companies to mitigate; (2 the EU ETS benchmark approach fits the current cement industry in Hubei ETS; and (3 the GHG benchmarking standard in the California Cap-and-Trade Program is the most stringent standard and drives the direction of the future development for Hubei ETS.

  16. Buyer Liability and Voluntary Inspections in International Greenhouse Gas Emissions Trading: A Laboratory Study

    OpenAIRE

    Cason, Timothy N.

    2000-01-01

    This paper reports a preliminary laboratory experiment in which traders make investments to increase the reliability of tradable instruments that represent greenhouse gas emissions allowances. In one half of the sessions these investments are unobservable, while in the other half traders can invite costless and accurate inspections that make reliability investments public. We implement a buyer liability rule, so that if emissions reductions are unreliable (i.e., sellers default), the buyer of...

  17. The UK′s Emissions and Employment Footprints: Exploring the Trade-Offs

    OpenAIRE

    Sakai, M; Owen, A; Barrett, J

    2017-01-01

    During the last decades, the UK economy has increasingly relied on foreign markets to fulfil its material needs, becoming a net importer of both emissions and employment. While the emissions footprint reflects the pressure that consumption exerts on the planet’s climate, the labour footprint represents the employment that is created across the globe associated with the demand for products and services. This paper has a two-fold objective. First, it focuses on analysing the behaviour over time...

  18. Reporting from industries covered by the emissions trading scheme for emissions trading regulations. Guide to greenhouse gas emission reporting form 2012; Rapportering fra industri omfattet av kvoteplikt etter klimakvoteforskriften. Veileder til kvoterapporteringsskjema 2012

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-02-01

    Tradable carbon emissions should be reported to the Climate and Pollution Agency (KLIF) by 1 March the following year that the emissions took place. Reporting of tradable carbon emissions will be achieved by the use of Klif reporting service.(eb)

  19. Emissions from street vendor cooking devices (charcoal grilling). Final report, January 1998--March 1999

    Energy Technology Data Exchange (ETDEWEB)

    Lee, S.Y.

    1999-06-01

    The report discusses a joint US/Mexican program to establish a reliable emissions inventory for street vendor cooking devices (charcoal grilling), a significant source of air pollutants in the Mexicali-Imperial Valley area of Mexico. Emissions from these devices, prevalent in the streets of Mexicali, Mexico, were investigated experimentally by measuring levels of particulate matter, particle size distributions, volatile and semivolatile organic compounds, aldehydes, and oxides of nitrogen and sulfur, emitted when meat is cooked on a grill over a charcoal fire. To investigate the emission rate, both beef and chicken were tested. Furthermore, both meats were marinated with a mixture similar to that used by the street vendors. Some tests were conducted with non-marinated beef for comparison. Two blank runs were performed sampling charcoal fires without meat. Finally, a simple control device, normally used in an exhaust fan to trap grease over a kitchen stove, was evaluated for its effectiveness in reducing emissions.

  20. Greatwhite hope for the climate protection. EU emissions trading taking a great leap into the third phase; Hoffnungtraeger fuer den Klimaschutz. EU-Emissionshandel auf dem Sprung in die dritte Phase

    Energy Technology Data Exchange (ETDEWEB)

    Knispel, Tina [Transferstelle Emissionshandel Hessen (Germany)

    2012-09-15

    Consistent allocation of certificates, advanced sectors, exacerbated allocation rules - as of 2013 significant amendments belong to plant operators being involved in the European emissions trading. In this way, companies recieve new impetus for an investment in emission-saving technologies.

  1. Integration of marine transport into the European Emissions Trading System. Environmental, economic and legal analysis of different options

    Energy Technology Data Exchange (ETDEWEB)

    Baeuerle, Tim [Rechtsanwaelte Zimmermann - Gretz - Trautmann - Baeuerle, Heidelberg (Germany); Graichen, Jakob; Meyer, Kristin; Seum, Stefan [Oeko-Institut e.V., Berlin (Germany); Kulessa, Margareta [Mainz Univ. of Applied Sciences (Germany); Oschinski, Matthias

    2010-05-15

    Marine vessels globally contribute to carbon dioxide emissions with approximately 3.3% (IMO 2009). Interna-tional ocean shipping has been growing significantly over recent years. To date international marine emissions are not part of the Kyoto obligations and the member states at IMO have not implemented instruments that would have limited or reduced the amount of greenhouse gas emissions from ships. The European Union has announced that if no international agreement including reduction targets for seaborne emissions has been approved by the UNFCCC by December 31, 2011, the EC is tasked to submit a proposal for including international marine transport in Euro-pean reduction targets and policy measures. An inclusion of international marine transport in the European Emis-sions Trading Scheme (EU ETS) is a likely scenario. The study investigates three options for integrating international ocean shipping into the EU ETS based on: a last period; the last distance travelled and the distance the cargo has travelled. Basing the system on a last period is superior to basing it on last trip or cargo in terms of environmental effectiveness. However, the system would cover vessel activities in international waters, even potentially between two non-European ports, and thus the legal feasi-bility of this challenge is discussed. Another element of the study is the analysis of the economic effects of the inte-gration of international seaborne greenhouse gas emissions into the EU ETS. Overall it can be concluded that the integration of international ocean shipping into the EU ETS is a legally and technically feasible option with no significantly negative or even beneficial economic effects. The extension to vessel activity in international waters secures adequate coverage and environmental effectiveness. This extension to vessel activity in international waters is not only a prerequisite for adequate emissions coverage, but is also associated with the least legal obstacles, is

  2. Modeling an emissions peak in China around 2030: Synergies or trade-offs between economy, energy and climate security

    Directory of Open Access Journals (Sweden)

    Qi-Min Chai

    2014-12-01

    Full Text Available China has achieved a political consensus around the need to transform the path of economic growth toward one that lowers carbon intensity and ultimately leads to reductions in carbon emissions, but there remain different views on pathways that could achieve such a transformation. The essential question is whether radical or incremental reforms are required in the coming decades. This study explores relevant pathways in China beyond 2020, particularly modeling the major target choices of carbon emission peaking in China around 2030 as China-US Joint Announcement by an integrated assessment model for climate change IAMC based on carbon factor theory. Here scenarios DGS-2020, LGS2025, LBS-2030 and DBS-2040 derived from the historical pathways of developed countries are developed to access the comprehensive impacts on the economy, energy and climate security for the greener development in China. The findings suggest that the period of 2025–2030 is the window of opportunity to achieve a peak in carbon emissions at a level below 12 Gt CO2 and 8.5 t per capita by reasonable trade-offs from economy growth, annually −0.2% in average and cumulatively −3% deviation to BAU in 2030. The oil and natural gas import dependence will exceed 70% and 45% respectively while the non-fossil energy and electricity share will rise to above 20% and 45%. Meantime, the electrification level in end use sectors will increase substantially and the electricity energy ratio approaching 50%, the labor and capital productivity should be double in improvements and the carbon intensity drop by 65% by 2030 compared to the 2005 level, and the cumulative emission reductions are estimated to be more than 20 Gt CO2 in 2015–2030.

  3. Trading forests: land-use change and carbon emissions embodied in production and exports of forest-risk commodities

    Science.gov (United States)

    Henders, Sabine; Persson, U. Martin; Kastner, Thomas

    2015-12-01

    Production of commercial agricultural commodities for domestic and foreign markets is increasingly driving land clearing in tropical regions, creating links and feedback effects between geographically separated consumption and production locations. Such teleconnections are commonly studied through calculating consumption footprints and quantifying environmental impacts embodied in trade flows, e.g., virtual water and land, biomass, or greenhouse gas emissions. The extent to which land-use change (LUC) and associated carbon emissions are embodied in the production and export of agricultural commodities has been less studied. Here we quantify tropical deforestation area and carbon emissions from LUC induced by the production and the export of four commodities (beef, soybeans, palm oil, and wood products) in seven countries with high deforestation rates (Argentina, Bolivia, Brazil, Paraguay, Indonesia, Malaysia, and Papua New Guinea). We show that in the period 2000-2011, the production of the four analyzed commodities in our seven case countries was responsible for 40% of total tropical deforestation and resulting carbon losses. Over a third of these impacts was embodied in exports in 2011, up from a fifth in 2000. This trend highlights the growing influence of global markets in deforestation dynamics. Main flows of embodied LUC are Latin American beef and soybean exports to markets in Europe, China, the former Soviet bloc, the Middle East and Northern Africa, whereas embodied emission flows are dominated by Southeast Asian exports of palm oil and wood products to consumers in China, India and the rest of Asia, as well as to the European Union. Our findings illustrate the growing role that global consumers play in tropical LUC trajectories and highlight the need for demand-side policies covering whole supply chains. We also discuss the limitations of such demand-side measures and call for a combination of supply- and demand-side policies to effectively limit tropical

  4. Trading in the rain. Rainfall and European power sector emissions. Research note no. 9; Trading in the rain. Precipitations et emissions du secteur electrique europeen. Note d'etude n.9

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-01

    Analysts often say that temperature and rainfall have an impact on the price of CO{sub 2}, as they influence the conditions of electric power supply and demand. Rainfall mainly affects the capacity of hydropower production, the third largest source of electricity in Europe and by far the leading source of renewable energy. The variability of hydroelectric volumes is indeed usually offset by other, higher-emitting sources of electricity, which has repercussions on the European allowances trading market. In 2005, rainfall was unusually low in several European countries: in the Iberian peninsula and in France, drought is believed to have brought about a rise of approximately 15 Mt CO{sub 2} in power sector emissions. In contrast, hydrological conditions were particularly good in the Nordic countries, allowing them to reduce CO{sub 2} emissions in the region as a whole through hydropower-based exports. The additional allowances demand would therefore have been 'only' about 9 Mt CO{sub 2}. To make the interaction with the CO{sub 2} market easier to understand, an indicator of rainfall in Europe must include this compensating phenomenon resulting from the heterogeneity of the climatic conditions and volumes produced in Europe.

  5. THE EFFECT OF ALLOWANCE ALLOCATION ON THE COST OF CARBON EMISSION TRADING. (R828628)

    Science.gov (United States)

    The perspectives, information and conclusions conveyed in research project abstracts, progress reports, final reports, journal abstracts and journal publications convey the viewpoints of the principal investigator and may not represent the views and policies of ORD and EPA. Concl...

  6. Emissions trading from 2013 on. Auctioning of emission permits at the European level; Der Emissionshandel ab 2013. Die Versteigerung der Emissionszertifikate auf europaeischer Ebene

    Energy Technology Data Exchange (ETDEWEB)

    Greb, Tobias

    2011-07-01

    As explained in the present publication, the European Communities have general competence for the initial payable allocation of CO{sub 2} emission permits, determination of the allocation method to be used and execution of the auction. The member states retain their revenue powers. The level of regulatory density of the amending directive conforms to the requirements of essentiality and determinacy. There is nothing in Art. 295 of the EC Treaty (Art. 345 TFEU) that contravenes the reform of the emissions trading scheme. However, its centralised implementation is not in accord with the principles of subsidiarity and proportionality. It is not beyond the capacity of the member states to each carry out the auction themselves, nor would its centralized execution provide an integration benefit over a decentralised procedure (provided the auctioning rules were defined in sufficient detail). Moreover, there is nothing in the goals pursued with the auction to necessitate its centralised execution. The adequacy of auctioning as an allocation method must be judged on the basis of the participatory rights of the plant operators concerned. These derive primarily from the right of equality, modified by aspects of the right of liberty. The European Court of Justice is examining the commensurability of the procedure against the general principle of equality, giving due consideration also to the scheme's impact on the liberty rights of those discriminated by it.

  7. European emissions trading and the international competitiveness of energy-intensive industries: A legal and political evaluation of possible supporting measures

    NARCIS (Netherlands)

    van Asselt, H.D.; Biermann, F.

    2007-01-01

    The EU Emissions Trading Directive is expected by European energy-intensive industries to harm their competitiveness vis-à-vis non-European competitors. Many additional measures have thus been proposed to 'level the playing field' and to protect the competitiveness of European energy-intensive

  8. Electricity and combined heat and power from municipal solid waste; theoretically optimal investment decision time and emissions trading implications.

    Science.gov (United States)

    Tolis, Athanasios; Rentizelas, Athanasios; Aravossis, Konstantin; Tatsiopoulos, Ilias

    2010-11-01

    Waste management has become a great social concern for modern societies. Landfill emissions have been identified among the major contributors of global warming and climate changes with significant impact in national economies. The energy industry constitutes an additional greenhouse gas emitter, while at the same time it is characterized by significant costs and uncertain fuel prices. The above implications have triggered different policies and measures worldwide to address the management of municipal solid wastes on the one hand and the impacts from energy production on the other. Emerging methods of energy recovery from waste may address both concerns simultaneously. In this work a comparative study of co-generation investments based on municipal solid waste is presented, focusing on the evolution of their economical performance over time. A real-options algorithm has been adopted investigating different options of energy recovery from waste: incineration, gasification and landfill biogas exploitation. The financial contributors are identified and the impact of greenhouse gas trading is analysed in terms of financial yields, considering landfilling as the baseline scenario. The results indicate an advantage of combined heat and power over solely electricity production. Gasification, has failed in some European installations. Incineration on the other hand, proves to be more attractive than the competing alternatives, mainly due to its higher power production efficiency, lower investment costs and lower emission rates. Although these characteristics may not drastically change over time, either immediate or irreversible investment decisions might be reconsidered under the current selling prices of heat, power and CO(2) allowances.

  9. The Economics of Forest Carbon Sequestration: The Challenge for Emissions Offset Trading

    Science.gov (United States)

    van Kooten, G. C.

    2016-12-01

    This paper provides an overview of the role that forestry activities can play in mitigating climate change. The price of carbon offset credits is used for incentivizing a reduction in the release of CO2 emissions and an increase in sequestration of atmospheric CO2 through forestry activities. Forestland owners essentially have two options for creating carbon offset credits: (1) avoid or delay harvest of mature timber; or (2) harvest timber and allow natural regeneration or regeneration with `regular' or genetically-enhanced growing stock, storing carbon in post-harvest products, using sawmill and potentially logging residues to generate electricity. In this study, a model representative of the Quesnel Timber Supply Area (TSA) in the BC interior is developed. The objective is to maximize net discounted returns to commercial timber operations (and sale of downstream products) plus the benefits of managing carbon fluxes. The model tracks carbon in living trees, organic matter, and, importantly, post-harvest carbon pools and avoided emissions from substituting wood for non-wood in construction or wood bioenergy for fossil fuels. Model constraints ensure that commercial forest management is sustainable, while carbon prices incentivize sequestration to ensure efficient mitigation of climate change. The results are confirmed more generally by comparing the carbon fluxes derived from the integrated forest management model with those from a Faustmann-Hartman rotation age model that explicitly includes benefits of storing carbon. One other question is addressed: If carbon offsets are created when wood biomass substitutes for fossil fuels in power generation, can one count the saved emissions from steel/cement production when wood substitutes for non-wood materials in construction?

  10. Laser sampling system for an inductively-coupled atomic emission spectrometer. Final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-02-15

    A laser sampling system was attached to a Perkin Elmer Optima 3000 inductively-coupled plasma, atomic emission spectrometer that was already installed and operating in the Chemistry and Geochemistry Department at the Colorado School of Mines. The use of the spectrometer has been highly successful. Graduate students and faculty from at least four different departments across the CSM campus have used the instrument. The final report to NSF is appended to this final report. Appendices are included which summarize several projects utilizing this instrument: acquisition of an inductively-coupled plasma atomic emission spectrometer for the geochemistry program; hydrogen damage susceptibility assessment for high strength steel weldments through advanced hydrogen content analysis, 1996 and 1997 annual reports; and methods for determination of hydrogen distribution in high strength steel welds.

  11. Emissions trading in the transport sector. Feasible approach for an upstream model. Executive summary; Emissionshandel im Verkehr. Ansaetze fuer einen moeglichen Up-Stream-Handel im Verkehr. Endbericht

    Energy Technology Data Exchange (ETDEWEB)

    Bertenrath, Roman; Liebig, Lars [Koeln Univ. (Germany). Finanzwissenschaftliches Forschungsinstitut; Betz, Regina; Rogge, Karoline; Schade, Wolfgang [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany); Duennebeil, Frank; Lambrecht, Udo [ifeu-Institut fuer Energie- und Umweltforschung GmbH, Heidelberg (Germany); Bergmann, Heidi

    2005-11-15

    In July, 2003, FiFo Koeln (Cologne Centre for Public Economics) was mandated by the German Federal Environmental Agency (UBA) with the examination of the UFOPLAN scheme 'Emissions Trading System for the Transport Sector - Development of a possible Trading Approach'. The main task of this study was the development of a concrete emissions trading approach for the transport sector, which triggers off a compulsory holding of emissions certificates at the beginning of the energy supply chain (upstream approach). The main focus was rather put on the practical options of the implementation of an upstream approach in the transport sector and its specific problems. The transaction costs of a trading system in the transport sector had to be kept at a minimum level. The upsteam approach discussed in his study seems to be more adequate to include further carbon dioxide emissions of other sectors than the EU downstream model. This can mainly be attributed to the amount and nature of the respective transaction costs. In Germany allocative failure in fuel taxation between diesel and petrol can be diminished regardless of the prices for CO{sub 2}. Emissions trading therefore leads to structural changes. An upstream approach has only indirect effects on the motorcar industry and refiners. Therefore, technical CO{sub 2} reduction can primarily be realised via an increased consumer demand for ore fuel-efficient vehicles, new propulsion technology or alternative fuels based on renewable energies. In the case of an open trading system the amount of transport emissions was estimated that actually could be reduced to be relatively small. The authors of the contribution under consideration are not convinced that the full potential of existing adaptation options in the transport sector can be tapped by an open emissions trading. The transport sector will cope with additional CO{sub 2} costs without tapping the potential of relatively cheap adaptation options. Also at closed

  12. Carbon-dioxide emissions trading and hierarchical structure in worldwide finance and commodities markets.

    Science.gov (United States)

    Zheng, Zeyu; Yamasaki, Kazuko; Tenenbaum, Joel N; Stanley, H Eugene

    2013-01-01

    In a highly interdependent economic world, the nature of relationships between financial entities is becoming an increasingly important area of study. Recently, many studies have shown the usefulness of minimal spanning trees (MST) in extracting interactions between financial entities. Here, we propose a modified MST network whose metric distance is defined in terms of cross-correlation coefficient absolute values, enabling the connections between anticorrelated entities to manifest properly. We investigate 69 daily time series, comprising three types of financial assets: 28 stock market indicators, 21 currency futures, and 20 commodity futures. We show that though the resulting MST network evolves over time, the financial assets of similar type tend to have connections which are stable over time. In addition, we find a characteristic time lag between the volatility time series of the stock market indicators and those of the EU CO(2) emission allowance (EUA) and crude oil futures (WTI). This time lag is given by the peak of the cross-correlation function of the volatility time series EUA (or WTI) with that of the stock market indicators, and is markedly different (>20 days) from 0, showing that the volatility of stock market indicators today can predict the volatility of EU emissions allowances and of crude oil in the near future.

  13. Construction and Skilled Trades (CAST) Test Preparation, Final Report for period 10/1/2016 - 03/31/2017

    Energy Technology Data Exchange (ETDEWEB)

    Wilson, Charles [CW Consulting Group LLC, Towson, MD (United States)

    2016-10-01

    Within the energy and utilities sectors, the most significant barrier for consideration and submittal of diverse applicants for skilled labor opportunities is their inability to successfully pass the industry’s Construction And Skilled Trades (CAST) examination. The exam is collectively accepted as the benchmark for prospective candidates and assess if they have the baseline skills and knowledge to apply for skilled positions within those industries. It is an exam that was created by the Edison Electric Institute. Students were taught for a full 40-hr week M-F. We conducted one class in each of the following locations: Philadelphia, Chicago and Washington, DC. The students learned and practiced curriculum prepared by the utility industry for increased success for the examination. They were also taught how to successfully navigate the final barrier of employment opportunity: behavior-based interviewing. They were then directed to the website in order to apply for the positions they desired, and then scheduled to take the exam. We were targeting at least 70% of those who sit for the exam to pass the first time. If they were unsuccessful, candidates could re-test within 3 months. We then sent their resumes directly to the hiring recruiters and managers so that they received prime consideration. Our target number of applicants who were successful in being invited for interviews was 15 candidates.

  14. Integrated emissions control system for residential CWS furnace. Final report, September 20, 1989--March 20, 1993

    Energy Technology Data Exchange (ETDEWEB)

    Breault, R.W.; McLarnon, C.

    1993-03-01

    One of the major obstacles to the successful development and commercialization of a coal-fired residential furnace is the need for a reliable, cost-effective emission control system. Tecogen is developing a novel, integrated control system to control NO{sub x}SO{sub 2}, and particulate emissions. At the heart of this system is a unique emissions control reactor for the control of SO{sub 2}. This reactor provides high sorbent particle residence time within the reactor while doing so in a very compact geometry. Final cleanup of any fine particulates exiting the reactor including respirable-sized particulates, is completed with the use of high efficiency bag filters. Under a previous contract with PETC (Contract No. DE-AC22-87PC79650), Tecogen developed a residential-scale Coal Water Slurry (CWS) combustor to control NO{sub x}emission. This combustor makes use of centrifugal forces, set up by a predominantly tangential flow field, to separate and confine larger unburned coal particles in the furnace upper chamber. Various partitions are used to retard the axial, downward flow of these particles, and thus maximize their residence time in the hottest section of the combustor. By operating this combustor under staged conditions, the local stoichiometry in the primary zone can be controlled in such a manner as to minimize NO{sub x} emission.

  15. The feasibility of domestic CO2 emissions trading in Poland

    DEFF Research Database (Denmark)

    Hauff, J.

    2000-01-01

    future. A comprehensive upstream approach would require permits for the carbon contained in fossil fuels produced or imported in Poland. It is ruled out due to the perceived difficulties of the inclusion ofthe coal sector in such a system. While inclusion of the gas sector, and especially of the oil...... as energy intensive industries. Such an approach wasfound feasible in principle. Currently, however, only the largest emitters could be easily integrated in a reliable system. Drawing the line between those included and those excluded from such a partial system requires careful analysis. Including...... on monitoring requirements already required by law. Gradual inclusion of more relevant sectors and eventual combination with an upstream component to include oil refineries, and with them thegrowing CO2 emissions from transport, seem possible. Such a pilot program would allow firms and the policy maker...

  16. Trading Off Global Fuel Supply, CO2 Emissions and Sustainable Development.

    Science.gov (United States)

    Wagner, Liam; Ross, Ian; Foster, John; Hankamer, Ben

    2016-01-01

    The United Nations Conference on Climate Change (Paris 2015) reached an international agreement to keep the rise in global average temperature 'well below 2°C' and to 'aim to limit the increase to 1.5°C'. These reductions will have to be made in the face of rising global energy demand. Here a thoroughly validated dynamic econometric model (Eq 1) is used to forecast global energy demand growth (International Energy Agency and BP), which is driven by an increase of the global population (UN), energy use per person and real GDP (World Bank and Maddison). Even relatively conservative assumptions put a severe upward pressure on forecast global energy demand and highlight three areas of concern. First, is the potential for an exponential increase of fossil fuel consumption, if renewable energy systems are not rapidly scaled up. Second, implementation of internationally mandated CO2 emission controls are forecast to place serious constraints on fossil fuel use from ~2030 onward, raising energy security implications. Third is the challenge of maintaining the international 'pro-growth' strategy being used to meet poverty alleviation targets, while reducing CO2 emissions. Our findings place global economists and environmentalists on the same side as they indicate that the scale up of CO2 neutral renewable energy systems is not only important to protect against climate change, but to enhance global energy security by reducing our dependence of fossil fuels and to provide a sustainable basis for economic development and poverty alleviation. Very hard choices will have to be made to achieve 'sustainable development' goals.

  17. Trading Off Global Fuel Supply, CO2 Emissions and Sustainable Development

    Science.gov (United States)

    Wagner, Liam; Ross, Ian; Foster, John; Hankamer, Ben

    2016-01-01

    The United Nations Conference on Climate Change (Paris 2015) reached an international agreement to keep the rise in global average temperature ‘well below 2°C’ and to ‘aim to limit the increase to 1.5°C’. These reductions will have to be made in the face of rising global energy demand. Here a thoroughly validated dynamic econometric model (Eq 1) is used to forecast global energy demand growth (International Energy Agency and BP), which is driven by an increase of the global population (UN), energy use per person and real GDP (World Bank and Maddison). Even relatively conservative assumptions put a severe upward pressure on forecast global energy demand and highlight three areas of concern. First, is the potential for an exponential increase of fossil fuel consumption, if renewable energy systems are not rapidly scaled up. Second, implementation of internationally mandated CO2 emission controls are forecast to place serious constraints on fossil fuel use from ~2030 onward, raising energy security implications. Third is the challenge of maintaining the international ‘pro-growth’ strategy being used to meet poverty alleviation targets, while reducing CO2 emissions. Our findings place global economists and environmentalists on the same side as they indicate that the scale up of CO2 neutral renewable energy systems is not only important to protect against climate change, but to enhance global energy security by reducing our dependence of fossil fuels and to provide a sustainable basis for economic development and poverty alleviation. Very hard choices will have to be made to achieve ‘sustainable development’ goals. PMID:26959977

  18. Trading Off Global Fuel Supply, CO2 Emissions and Sustainable Development.

    Directory of Open Access Journals (Sweden)

    Liam Wagner

    Full Text Available The United Nations Conference on Climate Change (Paris 2015 reached an international agreement to keep the rise in global average temperature 'well below 2°C' and to 'aim to limit the increase to 1.5°C'. These reductions will have to be made in the face of rising global energy demand. Here a thoroughly validated dynamic econometric model (Eq 1 is used to forecast global energy demand growth (International Energy Agency and BP, which is driven by an increase of the global population (UN, energy use per person and real GDP (World Bank and Maddison. Even relatively conservative assumptions put a severe upward pressure on forecast global energy demand and highlight three areas of concern. First, is the potential for an exponential increase of fossil fuel consumption, if renewable energy systems are not rapidly scaled up. Second, implementation of internationally mandated CO2 emission controls are forecast to place serious constraints on fossil fuel use from ~2030 onward, raising energy security implications. Third is the challenge of maintaining the international 'pro-growth' strategy being used to meet poverty alleviation targets, while reducing CO2 emissions. Our findings place global economists and environmentalists on the same side as they indicate that the scale up of CO2 neutral renewable energy systems is not only important to protect against climate change, but to enhance global energy security by reducing our dependence of fossil fuels and to provide a sustainable basis for economic development and poverty alleviation. Very hard choices will have to be made to achieve 'sustainable development' goals.

  19. Linking environment-productivity trade-offs and correlated uncertainties: Greenhouse gas emissions and crop productivity in paddy rice production systems

    Energy Technology Data Exchange (ETDEWEB)

    Hayashi, Kiyotada, E-mail: hayashi@affrc.go.jp [Institute for Agro-Environmental Sciences, National Agriculture and Food Research Organization, 3-1-3 Kannondai, Tsukuba, Ibaraki 305-8604 (Japan); Nagumo, Yoshifumi [Crop Research Center, Niigata Agricultural Research Institute, 857 Nagakura-machi, Nagaoka, Niigata 940-0826 (Japan); Domoto, Akiko [Mie Prefecture Agricultural Research Institute, 530 Kawakita-cho, Ureshino, Matsusaka, Mie 515-2316 (Japan)

    2016-11-15

    In comparative life cycle assessments of agricultural production systems, analyses of both the trade-offs between environmental impacts and crop productivity and of the uncertainties specific to agriculture such as fluctuations in greenhouse gas (GHG) emissions and crop yields are crucial. However, these two issues are usually analyzed separately. In this paper, we present a framework to link trade-off and uncertainty analyses; correlated uncertainties are integrated into environment-productivity trade-off analyses. We compared three rice production systems in Japan: a system using a pelletized, nitrogen-concentrated organic fertilizer made from poultry manure using closed-air composting techniques (high-N system), a system using a conventional organic fertilizer made from poultry manure using open-air composting techniques (low-N system), and a system using a chemical compound fertilizer (conventional system). We focused on two important sources of uncertainties in paddy rice cultivation—methane emissions from paddy fields and crop yields. We found trade-offs between the conventional and high-N systems and the low-N system and the existence of positively correlated uncertainties in the conventional and high-N systems. We concluded that our framework is effective in recommending the high-N system compared with the low-N system, although the performance of the former is almost the same as the conventional system. - Highlights: • Correlated uncertainties were integrated into environment-productivity trade-offs. • Life cycle GHG emissions and crop yields were analyzed using field and survey data. • Three rice production systems using chemical or organic fertilizers were compared. • There were portfolio (insurance) effects in matured technologies. • Analysis of trade-offs and correlated uncertainties will be useful for decisions.

  20. CO{sub 2}-emission trading and green markets for renewable electricity. WILMAR - deliverable 4.1

    Energy Technology Data Exchange (ETDEWEB)

    Azuma-Dicke, N.; Weber, C. [Univ. of Stuttgart, IER (Germany); Morthorst, P.E. [Risoe National Lab., Roskilde (Denmark); Ravn, H.F.; Schmidt, R. [Technical Univ. of Denmark, Lyngby (Denmark)

    2004-06-01

    This report is Deliverable 4.1 of the EU project 'Wind Power Inte-gration in Liberalised Electricity Markets' (WILMAR) and de-scribes the application of two policy instruments, Tradable Emis-sions Permits (TEPs) and Tradable Green Certificates (TGCs) for electricity produced from renewable energy sources in the European Union and the implications for implementation in the Wilmar model. The introduction of a common emission-trading system in the EU is expected to have an upward effect on the spot prices at the electric-ity market. The variations of the spot price imply that some types of power generation may change the situation from earning money to losing money despite the increasing spot price. Heavy restrictions on emissions penalise the fossil-fuelled technologies significantly, and the associated increase in the spot price need not compensate for this. Therefore, a market of TEPs is expected to have a signifi-cant influence on the electricity spot price. However, the expected price level of TEPs are met with great uncertainty and a study of a number of economical studies shows a price span between zero and 270 USD per ton of CO{sub 2} depending on the participation or non-participation of countries in the scheme. The price-determination at the TGC market is expected to be closely related to the price at the power spot market as the RE-producers of electricity will have expectations to the total price paid for the energy produced, i.e., for the price of electricity at the spot market plus the price per kWh obtained at the green certificate mar-ket. In the Wilmar model, the TGC market can either be handled exogenously, i.e., the increase in renewable capacity and an average annual TGC price are determined outside the model, or a simple TGC module is developed, including the long-term supply functions for the most relevant renewable technologies and an overall TGC quota. Both solutions are rather simple, but to develop a more ad-vanced model for the TGC

  1. The innovation impact of the EU Emission Trading System. Findings of company case studies in the German power sector

    Energy Technology Data Exchange (ETDEWEB)

    Rogge, Karoline S. [Fraunhofer Institute for Systems and Innovation Research (ISI), Competence Center Energy Policy and Energy Systems, Karlsruhe (Germany); Schneider, Malte; Hoffmann, Volker H. [Swiss Federal Institute of Technology Zurich, ETH Zurich (Switzerland). Department of Management, Technology, and Economics

    2011-01-15

    This paper provides a detailed analysis of how the European Emission Trading System (EU ETS) as the core climate policy instrument of the European Union has impacted innovation. Towards this end, we investigate the impact of the EU ETS on research, development and demonstration (RD and D), adoption, and organizational change. In doing so, we pay particular attention to the relative influences of context factors (policy mix, market factors and public acceptance) and firm characteristics (value chain position, technology portfolio, size and vision). Empirically, our qualitative analysis is based on multiple case studies with 19 power generators, technology providers and project developers in the German power sector which were conducted in 2008/09. We find that the innovation impact of the EU ETS has remained limited so far because of the scheme's initial lack of stringency and predictability and the relatively greater importance of context factors. Additionally, the impact varies significantly across technologies, firms, and innovation dimensions and is most pronounced for RD and D on carbon capture technologies and organizational changes. Our analysis suggests that the EU ETS on its own may not provide sufficient incentives for fundamental changes in corporate innovation activities at a level which ensures political long-term targets can be achieved. (author)

  2. Challenges of a common climate policy. An analysis of the development of the EU Emissions Trading Scheme

    Energy Technology Data Exchange (ETDEWEB)

    Aufenanger, Vanessa

    2012-07-01

    The emissions trading scheme (EU ETS) adopted by the European Union in 2003 was a new instrument for the EU and its Member States. It is one of the most important strategies of achieving the EU's greenhouse gas reduction target under the Kyoto Protocol. This book analyses the policy cycle of the EU ETS Directive, focusing on the crucial implementation phase. The revised EU ETS Directive of 2009 includes significant changes for greater ecological effectiveness, changes that were unlikely to have been adopted in 2003. It is evident that the experiences of the first phase influenced not only the second implementation phase but also the revision. The intensive learning process that took place on all levels was necessary to overcome institutional constraints so that the EU ETS could be successfully established and further developed. The EU ETS policy-making is a good example to demonstrate that output legitimacy challenges input legitimacy. With the centralisation of the EU ETS in 2013 it is likely to become a more effective system; however, the legislators from the Member States may lose influence. This problem will have to be addressed.

  3. The innovation impact of EU emission trading. Findings of company case studies in the German power sector

    Energy Technology Data Exchange (ETDEWEB)

    Rogge, Karoline S. [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany); Swiss Federal Inst. of Technology Zurich (ETH Zurich) (Switzerland). Dept. of Management, Technology, and Economics; Schneider, Malte; Hoffmann, Volker H. [Swiss Federal Inst. of Technology Zurich (ETH Zurich) (Switzerland). Dept. of Management, Technology, and Economics

    2010-05-01

    This paper provides a comprehensive analysis of how the European Emission Trading System (EU ETS) as the core climate policy instrument of the European Union has impacted innovation. Towards this end, we investigate the impact of the EU ETS on research, development, and demonstration (RD and D), adoption, and organizational change. In doing so, we pay particular attention to the rela-tive influences of context factors (policy mix, market factors, public acceptance) as well as firm characteristics (value chain position, technology portfolio, size, vision). Empirically, our analysis is based on multiple case studies with 19 power generators, technology providers, and project developers in the German power sector which we conducted from June 2008 until June 2009. We find that the innovation impact of the EU ETS has remained limited so far because of the scheme's initial lack in stringency and predictability and the relatively greater importance of context factors. Additionally, the impact varies tremendously across technologies, firms, and innovation dimensions, and is most pronounced for RD and D on carbon capture technologies and corporate procedural change. Our analysis suggests that the EU ETS by itself may not provide sufficient incentives for fundamental changes in corporate climate innovation activities at a level adequate for reaching political long-term targets. Based on the study's findings, we derive a set of policy and research recommendations. (orig.)

  4. Lobbying during the revision of the European emissions trading system: Easier for Swedish industrial insiders than for Norwegian outsiders?

    Energy Technology Data Exchange (ETDEWEB)

    Miard, Kadri

    2011-07-01

    This report examines and compares the lobbying routes taken by Swedish and Norwegian energy-intensive industry firms during the revision of the European Emissions Trading System. Two key explanatory factors are in focus here - whether the company has its origin in the EU member state Sweden or in non-member Norway; and the size of the company. Six companies are chosen as cases: Norsk Hydro, Norcem and Norske Skog from Norway; and SSAB, Cementa and Svenska Cellulosa Aktiebolaget from Sweden. A key finding is the extensive use of European associations by all these firms in lobbying EU institutions. Also prevalent is the use of national associations, which would indicate benefits in the form of better institutional response to collective lobbying and resource-sharing aspects. Although Norwegian firms seem to have struggled more than Swedish firms when it comes to lobbying EU institutions, due to lack of access to the EU, not all differences can be explained by the fact of originating in an EU member state Sweden or non-member Norway. While company size has a positive effect on the number of available lobbying routes, this appears to depend on cross-border production and possibly other influences as well.(auth)

  5. Models of Co2 emission trading system for projections in MSG6. Documentation and guidance; Utviklingen i stroemforbruket, prisfoelsomheten og stroemmarkedet

    Energy Technology Data Exchange (ETDEWEB)

    Faehn, Taran; Stroem, Birger

    2012-08-15

    Present context of the EU Co2 Emission Trading System (EU ETS) from 2008, involves new measures directed towards a large portion of present emissions sources. Currently there is no basis in statistics figures to offset the consequences of these international obligations in SSB models. In the model projections is nevertheless necessary to model both the current instruments and expected future changes in the rules and forms of association. This paper documents the Ministry of Finance to establish a arrangements for implementing Norway's association with the EU ETS in the model MSG6. It also addresses the EU ETS policy instruments interacting with other objectives and instruments of climate policy, including the Kyoto commitments and various domestic Climate tax systems. The European emissions trading price affect the Norwegian economy through several channels. Firstly, allowances mean that the EU ETS will cover activities that gets an emission rate equal to the permit price, which will influence the players to reduce emissions through various adaptations. Second, the remaining emissions occur subject to quotas, and the proportion who do not receive free allowances will give the state the auction revenue / proceeds. Third, quotas purchased in international markets will affect account surplus. This paper outlines various solutions and concludes by recommending a system that easily can be adapted for studies of any interaction between the EU ETS system and other climate policy objectives. The system can also be easily updated to new data.(eb)

  6. Community system updating and extension concerning greenhouse gas emissions duties trading; Actualizacion y ampliacion del regimen comunitario de comercio de derechos de emision de gases de efecto invernadero

    Energy Technology Data Exchange (ETDEWEB)

    Arrieta-Langarika, I.

    2010-07-01

    Approving 29/2009/CE Directive, that amends Directive 2003/87/EC, relating to a trading system for allowances of greenhouse gas emissions in the Community, the European Union wants to improve this system, and, in that way, providing an appropriate tool for achieving the emissions reduction targets, set for 2020: in particular, reducing the emissions of carbon dioxide (CO{sub 2}) in a 20% compared to 1990 levels. Recognizing the virtues of this system as an innovative tool for reducing emissions, it should be harmonized through the use of common standards that ensure equal conditions of the facilities affected and their update, among others, increasing their scope and establishing a system of re-allocation to reduce emissions. At the same time, the regulation adopted by the EU should not address possible competition difficulties, that may arise for the industries affected by this emission trading system, more specifically, the problem of carbon leakage: the phenomenon refers to the risk that European industries must move outside the EU for not being able to cope with competition from other countries with less stringent limitations on this matter. In any case, the regime established by Directive 29/2009/CE is subject to possible changes in function of international countries might conclude. (Author) 8 refs.

  7. Development of a dedicated ethanol ultra-low emission vehicle (ULEV): Final report

    Energy Technology Data Exchange (ETDEWEB)

    Dodge, L.; Bourn, G.; Callahan, T.; Grogan, J.; Leone, D.; Naegeli, D.; Shouse, K.; Thring, R.; Whitney, K. [Southwest Research Inst., San Antonio, TX (United States)

    1998-09-01

    The objective of this project was to develop a commercially competitive vehicle powered by ethanol (or an ethanol blend) that can meet California`s ultra-low emission vehicle (ULEV) standards and equivalent corporate average fuel economy (CAFE) energy efficiency for a light-duty passenger car application. The definition of commercially competitive is independent of fuel cost, but does include technical requirements for competitive power, performance, refueling times, vehicle range, driveability, fuel handling safety, and overall emissions performance. This report summarizes the fourth and final phase of this project, and also the overall project. The focus of this report is the technology used to develop a dedicated ethanol-fueled ULEV, and the emissions results documenting ULV performance. Some of the details for the control system and hardware changes are presented in two appendices that are SAE papers. The demonstrator vehicle has a number of advanced technological features, but it is currently configured with standard original equipment manufacturer (OEM) under-engine catalysts. Close-coupled catalysts would improve emissions results further, but no close-coupled catalysts were available for this testing. Recently, close-coupled catalysts were obtained, but installation and testing will be performed in the future. This report also briefly summarizes work in several other related areas that supported the demonstrator vehicle work.

  8. Emissions trading and climate strategies. The EU emission trading 2008-2012 and 2013-2020. State of the art and further developments in the project mechanisms as well as in the international climate protection. Carbon footprint, climate neutrality and climate strategies; Emissionshandel und Klimastrategien. Der EU-Emissionshandel 2008-12 und 2013-20. Aktueller Stand und weitere Entwicklungen bei den Projektmechanismen sowie im internationalen Klimaschutz. Carbon Footprint, Klimaneutralitaet und Klimastrategien

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    At 1st January, 2008 the second period of the EU emissions trading started which also is the first commitment period of the Kyoto Protocol. This seventh edition under consideration with the theme 'Emission trading and climate change strategies' reports on the developments and innovations made in the past year. The booklet starts with an introduction to the topic of climate change strategies. A brief review on the year 2009 in the EU emissions trading and on the litigation follows. A key chapter of this booklet deals with the inclusion of aviation in the third trading period 2013-2020. Furthermore, it describes the current status and innovations in the project mechanisms JI (Joint Implementation) and CDM (Clean Development Mechanism). The brochure deals with the international climate policy, analyzes the results of the climate conference in Copenhagen and evaluates for further development of emissions trading.

  9. Reducing Carbon Emissions in a Closed-Loop Production Routing Problem with Simultaneous Pickups and Deliveries under Carbon Cap-and-Trade

    Directory of Open Access Journals (Sweden)

    Xuanjing Fang

    2017-11-01

    Full Text Available The incorporation of reverse logistics into production routing problems can promote and coordinate the implementation of sustainable development for supply chains. This study aims to incorporate reverse logistics into production routing problems and investigate the reduction of carbon emissions under carbon cap-and-trade. Mixed-integer programming models are proposed for the production routing problem with reverse logistics by considering simultaneous pickups and deliveries in vehicle routing subproblems. To solve this problem, we propose a solution method of a branch-and-cut guided search algorithm based on adaptation of known valid inequalities. Computational results highlight the trade-offs among various performance indicators, including emission levels and operational costs of production, inventory holding, fuel consumption, and drivers.

  10. Linking environment-productivity trade-offs and correlated uncertainties: Greenhouse gas emissions and crop productivity in paddy rice production systems.

    Science.gov (United States)

    Hayashi, Kiyotada; Nagumo, Yoshifumi; Domoto, Akiko

    2016-11-15

    In comparative life cycle assessments of agricultural production systems, analyses of both the trade-offs between environmental impacts and crop productivity and of the uncertainties specific to agriculture such as fluctuations in greenhouse gas (GHG) emissions and crop yields are crucial. However, these two issues are usually analyzed separately. In this paper, we present a framework to link trade-off and uncertainty analyses; correlated uncertainties are integrated into environment-productivity trade-off analyses. We compared three rice production systems in Japan: a system using a pelletized, nitrogen-concentrated organic fertilizer made from poultry manure using closed-air composting techniques (high-N system), a system using a conventional organic fertilizer made from poultry manure using open-air composting techniques (low-N system), and a system using a chemical compound fertilizer (conventional system). We focused on two important sources of uncertainties in paddy rice cultivation-methane emissions from paddy fields and crop yields. We found trade-offs between the conventional and high-N systems and the low-N system and the existence of positively correlated uncertainties in the conventional and high-N systems. We concluded that our framework is effective in recommending the high-N system compared with the low-N system, although the performance of the former is almost the same as the conventional system. Copyright © 2016 Elsevier B.V. All rights reserved.

  11. 6. Analisis Implementasi Cyber Security Di Uni Eropa: Studi Kasus Carbon Credits Hacking Dalam European Union Emission Trading Scheme (EU ETS) Tahun 2010-2013

    OpenAIRE

    Aisya, Naila Sukma; Putranti, Ika Riswanti; Wahyudi, Fendy Eko

    2017-01-01

    Since the last two decades in the 20th century, the European Union (EU) has presented itself as a leader in climate change issues. The leadership manifested in the formation of the European Union Emission Trading Scheme (EU ETS) as an effort to fulfill the commitments of the Kyoto Protocol to reduce emissions in the region. But the existence of the EU ETS has been challenged by the emergence of carbon credits hacking case in some national registration systems in the EU ETS. This study discuss...

  12. Development of a model for the prediction of the fuel consumption and nitrogen oxides emission trade-off for large ships

    DEFF Research Database (Denmark)

    Larsen, Ulrik; Pierobon, Leonardo; Baldi, Francesco

    2015-01-01

    The international regulations on fuel efficiency and NOx emissions of commercial ships motivate the investigation of new system layouts, which can comply with the regulations. In combustion engines, measures to reduce the fuel consumption often lead to increased NOx emissions and careful consider......The international regulations on fuel efficiency and NOx emissions of commercial ships motivate the investigation of new system layouts, which can comply with the regulations. In combustion engines, measures to reduce the fuel consumption often lead to increased NOx emissions and careful...... consideration of this trade-off mechanism is required in the design of marine propulsion systems. This study investigates five different configurations of two-stroke diesel-based machinery systems for large ships and their influence on the mentioned trade-off. Numerical models of a low-speed two-stroke diesel...... engine, turbochargers and an ORC (organic Rankine cycle), are used for the optimisation of the NOx and fuel consumption at design and part-load conditions, using a multi-objective genetic algorithm. Moreover, the effects of engine tuning and exhaust gas recirculation are investigated. The results suggest...

  13. Determination of Required Skills Necessary for Job Entry Level of Employment in the Auto Body Trade. Final Report.

    Science.gov (United States)

    Schindler, John; And Others

    A study to identify the basic skills and tasks that are necessary to obtain job-entry level employment as an auto body technician was conducted at the Southwest Wisconsin Vocational-Technical Institute from March to July 1975. Surveys were distributed to employees, vocational graduates, and employers in the auto body trade. The survey determined…

  14. Lobbying in climate protection. The national arrangement of the European emission trading system; Lobbyismus im Klimaschutz. Die nationale Ausgestaltung des europaeischen Emissionshandelssystems

    Energy Technology Data Exchange (ETDEWEB)

    Gruendinger, Wolfgang

    2012-07-01

    The national implementation of the European Union's Emission Trading Scheme in the member states shows a wide variation in regard to the ambition of reduction targets and allocation rules. While Germany, Europe's biggest emitter, flooded the market with emission permits and provided an abundance of generous privileges to powerful coal companies, Great Britain as Europe's second biggest emitter was stingy and put significant reduction burdens on its domestic economy. In a comparative assessment of the National Allocation Plans of the EU Emission Trading Directive in Germany, the UK and the Netherlands, our study assesses explanatory factors for these differences, based on the conceptual frame of the neo-institutionalistic approach. The study reveals that the institutional opportunity structures of the respective political system and the structure of state-associations-relations represent the crucial factors for interest groups' influence rather than adaptation and/or problem pressure, and thus account for the differences in the environmental ambitiousness of National Allocation Plans. In particular, the German Bundesrat as a veto point and the antagonism between the Ministries for the Environment and for the Economy can be observed as important opportunities for interest groups to push forward their interests. The implementation of the EU Emission Trading Scheme was neither a mere administrative performance of European requirements, nor the elegant transfer of a policy instrument from the academic textbooks into reality, but rather a complex national decision-making process faced with severe distributional conflicts. Only the interaction of interests, institutions and logics of political competition can deliver an explanation for the variance of national policy implementation observed.

  15. Measurement of Emissions from Produced Water Ponds: Upstream Oil and Gas Study #1; Final Report

    Science.gov (United States)

    Significant uncertainty exists regarding air pollutant emissions from upstream oil and gas production operations. Oil and gas operations present unique and challenging emission testing issues due to the large variety and quantity of potential emissions sources. This report summ...

  16. Greenhouse Gas Emission Mitigation And Agriculture, Trade-off Or Win-win Situation: Bioeconomic Farm Modelling In The Sudanian Area of Burkina Faso

    Science.gov (United States)

    Some, T. E.; Barbier, B.

    2015-12-01

    Climate changes talks regularly underline that developing countries' agriculture could play a stronger role in GHGs mitigation strategies and benefit from the Kyoto Protocol program of subsidies. Scientists explain that agriculture can contribute to carbon mitigation by storing more carbon in the soil through greener cropping systems. In this context, a growing number of research projects have started to investigate how developing countries agriculture can contribute to these objectives. The clean development mechanism (CDM) proposed in the Kyoto protocol is one particular policy instrument that can incite farmers to mitigate the GHG balance towards more sequestration and less emission. Some economists such as Michael Porter think that environmental regulation lead to a win-win outcome, in which case subsidies are not necessary. If it is a trade-off between incomes and the environment, subsidies are required. CDM can be mobilized to support the mitigation strategy. Agriculture implies the use of inputs. Reducing the emission implies the reduction of those inputs which will in turn imply a yield decrease. The study aims to assess whether this measure will imply a trade-off between environmental and economic objectives or a win-win situation. I apply this study to the case of small farmers in Burkina Faso through environmental instruments such as the emissions limits and agroforestry using a bioeconomic model, in which the farmers maximize their utility subject to constraints. The study finds that the limitation of emissions in annual crops production involves a trade-off. by impacting negatively their net cash come. By integrating perennial crops in the farming system, the farmers' utility increases. Around 6,118 kg are sequestrated individually. By computing the value on this carbon balance, farmers' net cash incomes go better. Then practicing agroforestry is a win-win situation, as they reach a higher level of income, and reduce emissions. Policymakers must

  17. The effects of energy and climate policy actions on the Finnish energy sector and on the Finnish economy. Focus on EU emissions trading scheme after 2013; Energia- ja ilmastopoliittisen toimenpidekokonaisuuden vaikutukset energiajaerjestelmaeaen ja kansantalouteen vuoden 2013 jaelkeisessae paeaestoekauppajaerjestelmaessae

    Energy Technology Data Exchange (ETDEWEB)

    Honkatukia, J. (VATT Government Institute for Economic Research, Helsinki (Finland)); Forsstroem, J.; Pursiheimo, E. (VTT Technical Research Centre of Finland, Espoo (Finland))

    2011-08-15

    This report evaluates the effects of the EU emission trade Finnish energy sector and on the Finnish economy. The study uses the TIMES energy sector model to study effects in the energy sector, and the VATTAGE model of the Finnish economy to study the effects on the economy. To obtain a comprehensive understanding of the effects of emission trading, we take into account not only emission trade, but also the targets on renewable energy and energy efficiency. Thus the model simulations use the proposed measures on curbing emissions, increasing the share of renewables, and energy saving to produce estimates on effects compared to a business-as-usual scenario. The results indicate that the energy package would reduce Finnish GDP by at least 1,1 percentage points by the year 2020. Emission trading has a significant effect on the emission trading sectors, but measures to increase the share of renewable energy also account for large impacts in these sectors. Significantly, after 2013, the revenue generated by the auctioning of emission permits may alleviate the fiscal burden caused by revenue- losing measures to promote renewable energy. (orig.)

  18. First experiences with implementation of the European Union Emissions Trading Scheme in Slovakia. A comparative analysis of Slovak and Dutch experiences

    Energy Technology Data Exchange (ETDEWEB)

    Halacova, T. [CAP SD Energy and Climate Consultants, Amsterdam (Netherlands)

    2004-06-15

    Slovakia as a new member state of the European Union (EU) is obliged to transpose the Aquis Communitaire into national legislation. The European Directive on Emission Trading Scheme (ETS) was adopted in October 2003 with the aim to reduce the greenhouse gas emissions in a cost effective way. The scheme will commence on 1 January 2005. The scheme will cover all large industrial emitters of CO2, including all power plants with a capacity of over 20MW thermal input. This report reviews the first practical experiences with the implementation of the EU ETS in Slovakia and identifies the main barriers and problems in the process of establishment of the scheme. It compares the experiences in and main elements of the emissions trading in Slovakia and the Netherlands and formulates the conclusions and lessons learned. The report focuses on description of the activities of two main actors of the implementation process - the government and future participants of the ETS, which involves the companies that fall within the scheme and are obliged to fulfil all the requirements under it.

  19. Confluence of climate change policies and international trade

    Energy Technology Data Exchange (ETDEWEB)

    Vickery, R.E. Jr.

    1997-12-31

    The paper summarizes market information on energy conservation and renewable energy industries in the U.S., and highlights activities of the International Trade Administration. International treaties agreements on environmental issues are examined with respect to their influence on U.S. trade promotion and job creation. A sectoral analysis of the economic impact of greenhouse gas emissions reductions on industries is very briefly summarized. Finally, the need for a climate change treaty in spite of possible adverse impacts is discussed. 1 tab.

  20. Define a course for the France in the european system of emissions quotas exchange in agreement with the European Emission Trading Scheme directive; Definir un cap pour la France dans le systeme europeen d'echange de quotas d'emissions en accord avec la directive 'ETS'

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-04-15

    The project aims to define an independent evaluation of a course in France for the application of the European Emissions Trading Scheme, in the part I and II, taking into account the objective of the emission trading directive, using public data available in march 2006. In a first part the author presents the five key criteria which should be used to define the National Allocation Plan. The next part is the definition of the course and the last part the implications of the course. (A.L.B.)

  1. 40 CFR 90.206 - Trading.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Trading. 90.206 Section 90.206... Trading Provisions § 90.206 Trading. (a) An engine manufacturer may exchange emission credits with other engine manufacturers in trading, subject to the trading restriction specified in § 90.207(c)(2). (b...

  2. Trade-off between carbon emission and effluent quality of activated sludge processes under seasonal variations of wastewater temperature and mean cell retention time.

    Science.gov (United States)

    Guo, Jingbo; Fu, Xin; Andrés Baquero, G; Sobhani, Reza; Nolasco, Daniel A; Rosso, Diego

    2016-03-15

    Over the seasonal cycles, the mean cell retention time (MCRT) of the activated sludge process is varied to compensate the wastewater temperature variations. The effects of these variations on the carbon footprint (CFP) and effluent quality index (EQI) of a conventional activated sludge (CAS) process and a nitrification/denitrification (NDN) process were quantified. The carbon emission included both biogenic and non-biogenic carbon. Carbon emissions of wasted biosolids management were also addressed. Our results confirmed that the effluent quality indicated by EQI was not necessarily improved by increasing MCRT. Higher MCRT increased the carbon emission and reduced excess sludge production, which decreased the potential for biogas energy recovery. The NDN process was preferable to the CAS process from the perspective of effluent quality. This consideration extended to the whole plant CFP if the N2O emitted during NDN was limited ([N2O]intensity (γ) derived from CFP and EQI, our work provides a quantitative tool for decision makers evaluating process alternatives when there is a trade-off between carbon emission and effluent quality. Copyright © 2015 Elsevier B.V. All rights reserved.

  3. Sustainable Trade Credit and Replenishment Policies under the Cap-And-Trade and Carbon Tax Regulations

    Directory of Open Access Journals (Sweden)

    Juanjuan Qin

    2015-12-01

    Full Text Available The paper considers the sustainable trade credit and inventory policies with demand related to credit period and the environmental sensitivity of consumers under the carbon cap-and-trade and carbon tax regulations. First, the decision models are constructed under three cases: without regulation, carbon cap-and-trade regulation, and carbon tax regulation. The optimal solutions of the retailer in the three cases are then discussed under the exogenous and endogenous credit periods. Finally, numerical analysis is conducted to obtain conclusions. The retailer shortens the trade credit period as the environmental sensitivity of the consumer is enhanced. The cap has no effects on the credit period decisions under the carbon cap-and-trade regulation. Carbon trade price and carbon tax have negative effects on the credit period. The retailer under carbon cap-and-trade regulation is more motivated to obey regulations than that under carbon tax regulation when carbon trade price equals carbon tax. Carbon regulations have better effects on carbon emission reduction than with exogenous credit term when the retailer has the power to decide with regards credit policies.

  4. Suppression of electron emission from metal electrodes : LDRD 28771 final report.

    Energy Technology Data Exchange (ETDEWEB)

    Stygar, William A.; Savage, Mark Edward; Ives, Harry Crockett, III; Johnson, David J.; Fowler, William E.

    2003-11-01

    This research consisted of testing surface treatment processes for stainless steel and aluminum for the purpose of suppressing electron emission over large surface areas to improve the pulsed high voltage hold-off capabilities of these metals. Improvements to hold-off would be beneficial to the operation of the vacuum-insulator grading rings and final self-magnetically insulated transmission line on the ZR-upgrade machine and other pulsed power applications such as flash radiograph and pulsed-microwave machines. The treatments tested for stainless steel include the Z-protocol (chemical polish, HVFF, and gold coating), pulsed E-beam surface treatments by IHCE, Russia, and chromium oxide coatings. Treatments for aluminum were anodized and polymer coatings. Breakdown thresholds also were measured for a range of surface finishes and gap distances. The study found that: (1.) Electrical conditioning and solvent cleaning in a filtered air environment each improve HV hold-off 30%. (2.) Anodized coatings on aluminum give a factor of two improvement in high voltage hold-off. However, anodized aluminum loses this improvement when the damage is severe. Chromium oxide coatings on stainless steel give a 40% and 20% improvement in hold-off before and after damage from many arcs. (3.) Bare aluminum gives similar hold-off for surface roughness, R{sub a}, ranging from 0.08 to 3.2 {micro}m. (4.) The various EBEST surfaces tested give high voltage hold-off a factor of two better than typical machined and similar to R{sub a} = 0.05 {micro}m polished stainless steel surfaces. (5.) For gaps > 2 mm the hold-off voltage increases as the square root of the gap for bare metal surfaces. This is inconsistent with the accepted model for metals that involves E-field induced electron emission from dielectric inclusions. Micro-particles accelerated across the gap during the voltage pulse give the observed voltage dependence. However the similarity in observed breakdown times for large and small

  5. Country-Level Life Cycle Assessment of Greenhouse Gas Emissions from Liquefied Natural Gas Trade for Electricity Generation.

    Science.gov (United States)

    Kasumu, Adebola S; Li, Vivian; Coleman, James W; Liendo, Jeanne; Jordaan, Sarah M

    2018-02-20

    In the determination of the net impact of liquefied natural gas (LNG) on greenhouse gas emissions, life cycle assessments (LCA) of electricity generation have yet to combine the effects of transport distances between exporting and importing countries, country-level infrastructure in importing countries, and the fuel sources displaced in importing countries. To address this, we conduct a LCA of electricity generated from LNG export from British Columbia, Canada with a three-step approach: (1) a review of viable electricity generation markets for LNG, (2) the development of results for greenhouse gas emissions that account for transport to importing nations as well as the infrastructure required for power generation and delivery, and (3) emissions displacement scenarios to test assumptions about what electricity is being displaced in the importing nation. Results show that while the ultimate magnitude of the greenhouse gas emissions associated with natural gas production systems is still unknown, life cycle greenhouse gas emissions depend on country-level infrastructure (specifically, the efficiency of the generation fleet, transmission and distribution losses and LNG ocean transport distances) as well as the assumptions on what is displaced in the domestic electricity generation mix. Exogenous events such as the Fukushima nuclear disaster have unanticipated effects on the emissions displacement results. We highlight national regulations, environmental policies, and multilateral agreements that could play a role in mitigating emissions.

  6. Emissions trading. Current legal problems attending the third allocation period; Emissionshandel. Aktuelle rechtliche Probleme in der dritten Zuteilungsperiode

    Energy Technology Data Exchange (ETDEWEB)

    Ehrmann, Markus [Scholtka und Partner Rechtsanwaelte, Berlin (Germany)

    2011-01-15

    The rules for emission permit allocation will undergo radical change as of 2013. From this time on permits will be allocated on the basis of rules applicable to the whole of Europe. The power economy will lose its entitlement to free emission permits and will be obliged to acquire its permits by auction without exemption. The industry, by contrast, will receive emission permits on the basis of pan-European benchmarks, which however will be applied with great rigor. The allocation process, which must be completed by autumn 2011, places higher requirements on operators than used to be the case and it also puts them under time pressure.

  7. Trading Schemes for Greenhouse Gas Emissions from European Agriculture - A Comparative Analysis based on different Implementation Options

    NARCIS (Netherlands)

    Perez Dominguez, I.; Britz, W.; Holm-Muller, K.

    2009-01-01

    A rational negotiation strategy for coming multilateral negotiations regarding climate change requires knowledge about possible social, economic and environmental effects of policy instruments for the abatement of greenhouse gas emissions. With this purpose, an agricultural sector model is expanded

  8. The Outlook of Carbon Prices. Price Range Forecast for European Union Allowances in European Union Emission Trading Scheme Phase III

    NARCIS (Netherlands)

    Yunyi Chen, Connie

    2012-01-01

    SUMMARY Climate change mitigation policy has evolved rapidly both internationally and domestically, especially since the introduction of Kyoto Protocol flexible mechanisms - Clean Development Mechanism (CDM), Joint Implementation (JI) and Emission Tradin

  9. Emission scenarios 1985-2010: Their influence on ozone in Switzerland - Final report

    Energy Technology Data Exchange (ETDEWEB)

    Keller, J.; Andreani-Aksoyoglu, S.; Tinguely, M.; Prevot, A

    2005-07-15

    Ozone levels often exceed the ambient air quality standards during summer time. Since 1985, numerous regulations have been enforced or proposed to improve air quality in Europe. In this study we investigated the effect of these measures on ozone. Seven anthropogenic emission scenarios have been selected: scenario 0: emissions as reported for 2000 (base case); scenario 1: emissions as reported for 1985; scenario 2: emissions in 2000, if economy (and emissions) grows without control; scenario 3: emissions in 2010, if the Gothenburg Protocol is in force; scenario 4: emissions in 2010 according to the current legislation; scenario 5: emissions in 2010: 100% and 50% of the Gothenburg target emissions in Europe and in Switzerland, respectively; scenario 6: emissions in 2010: 50% and 50% of the Gothenburg target emissions in Europe and in Switzerland, respectively; scenario 7: zero anthropogenic emissions in Switzerland, base case emissions elsewhere. The 4-day period from 4 to 7 August 2003 was studied by means of the 3-dimensional photochemical model CAMx with 2 nested domains. The coarse domain covered a large part of Europe with a horizontal resolution of 27 km x 27 km. Switzerland and parts of the surrounding countries including the Greater Milan area were covered by the fine domain with resolution of 9 km x 9 km. Gridded meteorological data were obtained from MM5 meteorological model. The emission inventory was prepared by compiling European and Swiss anthropogenic emissions from various sources. Reference year was 2000. Biogenic emissions were calculated with temperature and irradiance dependent algorithms using land use and meteorological data. Initial and boundary conditions were adjusted from the output of the global model MOZART. The model could reproduce peak ozone concentrations around large urban areas. Model results were strongly affected by meteorological parameterization and emissions. Compared to 2000, ozone concentrations in 1985 were about 5% higher in

  10. Network design for quantifying urban CO2 emissions: assessing trade-offs between precision and network density

    Science.gov (United States)

    Turner, Alexander J.; Shusterman, Alexis A.; McDonald, Brian C.; Teige, Virginia; Harley, Robert A.; Cohen, Ronald C.

    2016-11-01

    The majority of anthropogenic CO2 emissions are attributable to urban areas. While the emissions from urban electricity generation often occur in locations remote from consumption, many of the other emissions occur within the city limits. Evaluating the effectiveness of strategies for controlling these emissions depends on our ability to observe urban CO2 emissions and attribute them to specific activities. Cost-effective strategies for doing so have yet to be described. Here we characterize the ability of a prototype measurement network, modeled after the Berkeley Atmospheric CO2 Observation Network (BEACO2N) in California's Bay Area, in combination with an inverse model based on the coupled Weather Research and Forecasting/Stochastic Time-Inverted Lagrangian Transport (WRF-STILT) to improve our understanding of urban emissions. The pseudo-measurement network includes 34 sites at roughly 2 km spacing covering an area of roughly 400 km2. The model uses an hourly 1 × 1 km2 emission inventory and 1 × 1 km2 meteorological calculations. We perform an ensemble of Bayesian atmospheric inversions to sample the combined effects of uncertainties of the pseudo-measurements and the model. We vary the estimates of the combined uncertainty of the pseudo-observations and model over a range of 20 to 0.005 ppm and vary the number of sites from 1 to 34. We use these inversions to develop statistical models that estimate the efficacy of the combined model-observing system in reducing uncertainty in CO2 emissions. We examine uncertainty in estimated CO2 fluxes on the urban scale, as well as for sources embedded within the city such as a line source (e.g., a highway) or a point source (e.g., emissions from the stacks of small industrial facilities). Using our inversion framework, we find that a dense network with moderate precision is the preferred setup for estimating area, line, and point sources from a combined uncertainty and cost perspective. The dense network considered here

  11. Network design for quantifying urban CO2 emissions: assessing trade-offs between precision and network density

    Directory of Open Access Journals (Sweden)

    A. J. Turner

    2016-11-01

    Full Text Available The majority of anthropogenic CO2 emissions are attributable to urban areas. While the emissions from urban electricity generation often occur in locations remote from consumption, many of the other emissions occur within the city limits. Evaluating the effectiveness of strategies for controlling these emissions depends on our ability to observe urban CO2 emissions and attribute them to specific activities. Cost-effective strategies for doing so have yet to be described. Here we characterize the ability of a prototype measurement network, modeled after the Berkeley Atmospheric CO2 Observation Network (BEACO2N in California's Bay Area, in combination with an inverse model based on the coupled Weather Research and Forecasting/Stochastic Time-Inverted Lagrangian Transport (WRF-STILT to improve our understanding of urban emissions. The pseudo-measurement network includes 34 sites at roughly 2 km spacing covering an area of roughly 400 km2. The model uses an hourly 1  ×  1 km2 emission inventory and 1  ×  1 km2 meteorological calculations. We perform an ensemble of Bayesian atmospheric inversions to sample the combined effects of uncertainties of the pseudo-measurements and the model. We vary the estimates of the combined uncertainty of the pseudo-observations and model over a range of 20 to 0.005 ppm and vary the number of sites from 1 to 34. We use these inversions to develop statistical models that estimate the efficacy of the combined model–observing system in reducing uncertainty in CO2 emissions. We examine uncertainty in estimated CO2 fluxes on the urban scale, as well as for sources embedded within the city such as a line source (e.g., a highway or a point source (e.g., emissions from the stacks of small industrial facilities. Using our inversion framework, we find that a dense network with moderate precision is the preferred setup for estimating area, line, and point sources from a combined uncertainty and cost

  12. Comparative assessment of hydrogen storage and international electricity trade for a Danish energy system with wind power and hydrogen/fuel cell technologies. Final project report

    Energy Technology Data Exchange (ETDEWEB)

    Soerensen, Bent (Roskilde University, Energy, Environment and Climate Group, Dept. of Environmental, Social and Spatial Change (ENSPAC) (DK)); Meibom, P.; Nielsen, Lars Henrik; Karlsson, K. (Technical Univ. of Denmark, Risoe National Laboratory for Sustainable Energy, Systems Analysis Dept., Roskilde (DK)); Hauge Pedersen, A. (DONG Energy, Copenhagen (DK)); Lindboe, H.H.; Bregnebaek, L. (ea Energy Analysis, Copenhagen (DK))

    2008-02-15

    This report is the final outcome of a project carried out under the Danish Energy Agency's Energy Research Programme. The aims of the project can be summarized as follows: 1) Simulation of an energy system with a large share of wind power and possibly hydrogen, including economic optimization through trade at the Nordic power pool (exchange market) and/or use of hydrogen storage. The time horizon is 50 years. 2) Formulating new scenarios for situations with and without development of viable fuel cell technologies. 3) Updating software to solve the abovementioned problems. The project has identified a range of scenarios for all parts of the energy system, including most visions of possible future developments. (BA)

  13. Review of NO/sub x/ emission factors for stationary fossil fuel combustion sources. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Milligan, R.J.; Sailor, W.C.; Wasilewski, J.; Kuby, W.C.

    1979-09-01

    A review of recent NOx test data was performed, and summaries of emission factors presented for various types of stationary source combustion and for various fossil fuels. The effects of combustion modifications on NOx emissions are quantified. Background data are given to help the user determine the reliability of each factor in particular applications.

  14. Fossil Fuel (CO2) Emission Verification Capability07-ERD-064Final Report

    Energy Technology Data Exchange (ETDEWEB)

    Guilderson, T. P. [Lawrence Livermore National Lab. (LLNL), Livermore, CA (United States); Cameron-Smith, P. [Lawrence Livermore National Lab. (LLNL), Livermore, CA (United States); Lucas, D. D. [Lawrence Livermore National Lab. (LLNL), Livermore, CA (United States)

    2011-04-26

    This work focused exclusively on designing a system for California as a test-bed. Fossil fuel CO2 emissions account for ~96% of the total California anthropogenic CO2 emissions (CEC GHG Inventory, 2006).

  15. Preparation of an emission data base for EUMAC. Final report; Erstellung einer Emissionsdatengrundlage fuer EUMAC. Schlussbericht

    Energy Technology Data Exchange (ETDEWEB)

    Friedrich, R.; Heymann, M.; Kasas, Y.; Lenhart, L.

    1995-03-01

    Detailed models for the calculation of emission data with high temporal resolution have been developed. Hourly emission data for EUMAC-episodes in 1986 and 1990 have been calculated on the basis of annual emission data from LOTOS 1986, LOTOS 1990, and CORINAIR 1985. The calculation included the preparation of an update of CORINAIR 1985 for 1986. For the calculation of the update and the temporal resolution of emission data a comprehensive data base of socio-economic, technical, and meteorological data has been prepared. For the organization, evaluation, and processing of the data a comprehensive software package has been developed. The software package includes a data base and numerous calculation procedures for the automatic calculation of emission data with high temporal resolution. (orig.)

  16. On-road remote sensing of CO and HC emissions in California. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Stedman, D.H.; Bishop, G.A.; Beaton, S.P.; Peterson, J.E.; Guenther, P.L.

    1994-02-01

    The University of Denver used its remote sensor for motor vehicle CO and HC emissions to measure the tailpipe concentrations of over 90,000 California Vehicles in a 30-day period in 1991. The study consisted of three phases; a series of controlled tests, a pullover study of high-emitters, and a series of measurements at a variety of sites around the South Coast Air Basin and northern California. The highest CO emissions occurred under hard accelerations, while the highest HC emissions occurred during decelarations. In the pullover study, over 92% of the vehicles identified as high emitters failed the roadside inspection, equivalent to a California Smog Check. More than 60% of the vehicles stopped had defective emission control equipment (over 40% were tampered). The highest emitting vehicles showed the most variability in their emissions. This variability carries implications for the design of inspection and maintenance programs.

  17. Greenhouse gas trading starts up

    Science.gov (United States)

    Showstack, Randy

    While nations decide on whether to sign on to the Kyoto Protocol on climate change, some countries and private companies are moving forward with greenhouse gas emissions trading.A 19 March report, "The Emerging International Greenhouse Gas Market," by the Pew Center on Global Climate Change, reports that about 65 greenhouse gas emissions trades for quantities above 1,000 metric tons of carbon dioxideequivalent already have occurred worldwide since 1996. Many of these trades have taken place under a voluntary, ad hoc framework, though the United Kingdom and Denmark have established their own domestic emissions trading programs.

  18. Final Report: Wireless Instrument for Automated Measurement of Clean Cookstove Usage and Black Carbon Emissions

    Energy Technology Data Exchange (ETDEWEB)

    Lukac, Martin [Cirrus Sense LLC, Los Angeles, CA (United States); Ramanathan, Nithya [Cirrus Sense LLC, Los Angeles, CA (United States); Graham, Eric [Cirrus Sense LLC, Los Angeles, CA (United States)

    2013-09-10

    Black carbon (BC) emissions from traditional cooking fires and other sources are significant anthropogenic drivers of radiative forcing. Clean cookstoves present a more energy-efficient and cleaner-burning vehicle for cooking than traditional wood-burning stoves, yet many existing cookstoves reduce emissions by only modest amounts. Further research into cookstove use, fuel types, and verification of emissions is needed as adoption rates for such stoves remain low. Accelerated innovation requires techniques for measuring and verifying such cookstove performance. The overarching goal of the proposed program was to develop a low-cost, wireless instrument to provide a high-resolution profile of the cookstove BC emissions and usage in the field. We proposed transferring the complexity of analysis away from the sampling hardware at the measurement site and to software at a centrally located server to easily analyze data from thousands of sampling instruments. We were able to build a low-cost field-based instrument that produces repeatable, low-cost estimates of cookstove usage, fuel estimates, and emission values with low variability. Emission values from our instrument were consistent with published ranges of emissions for similar stove and fuel types.

  19. Investigating trade-offs between the operating cost and green house gas emissions from water distribution systems

    NARCIS (Netherlands)

    Menke, Ruben; Kadehjian, K; Abraham, E.; Stoianov, Ivan

    2017-01-01

    For electricity grids with an increasing share of intermittent renewables, the power generation mix can have significant daily variations. This leads to time-dependent emission intensities and volatile electricity prices in the day-ahead and spot market tariffs that can be better utilised by energy

  20. Final report for measurement of primary particulate matter emissions from light-duty motor vehicles

    Energy Technology Data Exchange (ETDEWEB)

    Norbeck, J. M.; Durbin, T. D.; Truex, T. J.

    1998-12-31

    This report describes the results of a particulate emissions study conducted at the University of California, Riverside, College of Engineering-Center for Environmental Research and Technology (CE-CERT) from September of 1996 to August of 1997. The goal of this program was to expand the database of particulate emissions measurements from motor vehicles to include larger numbers of representative in-use vehicles. This work was co-sponsored by the Coordinating Research Council (CRC), the South Coast Air Quality Management District (SCAQMD), and the National Renewable Energy Laboratory (NREL) and was part of a larger study of particulate emissions being conducted in several states under sponsorship by CRC. For this work, FTP particulate mass emission rates were determined for gasoline and diesel vehicles, along with the fractions of particulates below 2.5 and 10 microns aerodynamic diameter. A total of 129 gasoline-fueled vehicles and 19 diesel-fueled vehicles were tested as part of the program.

  1. Final Rule to Reduce Toxic Air Emissions from Lime Manufacturing Plants Fact Sheet

    Science.gov (United States)

    This page contains an August 2003 fact sheet with information regarding the National Emissions Standards for Hazardous Air Pollutants (NESHAP) for Lime Manufacturing Plants. This document provides a summary of the information for this NESHAP.

  2. MARKETING RELATIONSHIP AND TRADING IN THE RELATIONSHIP BETWEEN SERVICE PROVIDERS, HEALTH OPERATORS AND FINAL CUSTOMER: THE SEARCH FOR AN INTEGRATING MODEL

    Directory of Open Access Journals (Sweden)

    Nilda Catalina, Tañski

    2012-01-01

    Full Text Available The marketing relationship finds similarities with the concept of cooperative bargaining, the purpose of this is to find solutions to mutual gains with long-term vision. Within this approach, we sought to build an integrative model of relationship marketing and negotiation in the relationship between service providers, health operators and final customers in the health plan market in Brazil, this relationship is complex, full of conflicts and stagnation. It was first used, first, as an exploratory research of direct observation of the phenomenon referred to relationship marketing, trading and health insurance to increase employment opportunities. Then, the method of data collection was in that environment through online questionnaires using the survey method, in the representative sector. The type of sample used, where n = 217 and the confidence level was 95%, not intentional probabilistic. In the final, it was concluded that the initially proposed model was fully accepted, taking into account the choice of methodology, then achieving the main objective of this study.

  3. The European Union's Emissions Trading System. Written testimony for US Senate Committee on Commerce, Science, and Transportation

    Energy Technology Data Exchange (ETDEWEB)

    Delbeke, J. [Directorate-General for Climate Action, European Commission, Brussels (Belgium)

    2012-07-15

    Both Europe and the USA have clearly stated in the 2010 ICAO Assembly that they support global goals to limit global international aviation emissions at or below 2005 levels by 2020. Part of the the conclusion of this testimony is as follows: The EU wants to see a comprehensive and non-discriminatory multilateral agreement in ICAO (International Civil Aviation Organisation) on aviation emissions as soon as possible, and the US, EU and other players now need to work together to develop renewed momentum for substantive talks in ICAO at global level. The European Union and the United States have a key role to play in crafting such an international consensus. Working together also requires respecting each others' rules and regulations.

  4. Preparing enterprises in Baden-Wuerttemberg for emission trading: determining their need for information, consulting services and training.; Vorbereitung baden-wuerttembergischer Unternehmen auf den Emissionsrechtehandel: Ermittlung von Informations-, Beratungs- und Schulungsbedarf

    Energy Technology Data Exchange (ETDEWEB)

    Schleich, J.; Betz, R.; Kaeser, S.

    2004-03-19

    In order to achieve the climate-related objectives of the Kyoto Protocol in the most profitable way, the EU Parliament and the Ministers' Council have decided on a regulation which obligates the operators of certain CO2-intensive systems to participate in the emission trading (Published in the Union's official gazette of 25 October 2003: Regulation 2003/87/EG OF THE EUROPEAN PARLIAMENT AND THE COUNCIL dt. 13 October 2003 on a system for the trade with greenhouse emission certificates in the Union and for the amendment of the regulation 96/61/EG of the Council). Starting in 2005, this includes the operators of certain systems like larger power and heat generation plants, refineries and coking plants, production plants of the iron and steel industry, cement, glass and ceramics industries and the cellulose and paper industry. To the German environmental politics, the European system of emission trading means a change in the paradigms, bringing new strategical and organisatory challenges for the enterprises involved. In order to complete lacking information regarding the approaching trading with emission rights, the first thing to do is to identify Baden-Wuerttemberg's enterprises' needs for information, consulting services and training. This should be the basis for the development of a draft concept for the need for information, consulting services and training.

  5. Evaluation of carbon dioxide emission control strategies in New York State. Final report, 1990--1991

    Energy Technology Data Exchange (ETDEWEB)

    Morris, S.C.; Lee, J.; Goldstein, G.; Hill, D.

    1992-01-01

    A MARKAL model was developed for the State of New York. It represents the state`s energy system as a set of typical technologies for generating, converting, and using energy as it evolves over a 45-year period. NYMARKAL was applied here in demonstration analyses to explore strategies to reduce CO{sub 2} emissions. NYMARKAL was installed at the State Energy Office and in the Offices of the New York Power Pool. Staff members from both organizations and other state agencies were trained in its use. Example scenarios showed that it is more difficult and more expensive to reduce carbon emissions in New York State than in the United States as a whole. Were a common carbon tax instituted, it would have less effect in New York and most carbon emissions reduction would take place elsewhere in the country where it is more cost-effective. Alternatively, were all states required to reduce CO{sub 2} emission an equal percentage (say by 20%), the cost per unit emissions reduction to New York would be much greater than in the rest of the country.

  6. Generation of electricity from industrial waste heat in the context of European emissions trading. A missed opportunity; Stromgewinnung aus industrieller Abwaerme im europaeischen Zertifikatehandel. Eine vertane Chance

    Energy Technology Data Exchange (ETDEWEB)

    Boehler, Dirk [Landgericht Muenster (Germany)

    2013-03-15

    The European Emission Trading Scheme (ETS) poses a major financial burden for many branches of industry in Europe. While its role as a model for the world and its great significance in the struggle against global warming are undisputed, at least in the short term it is in the immediate interest of the industry to keep this burden as small as possible. The decision of the European Commission on the free allocation of emission permits (referred to as the benchmarking decision) in the scheme's third phase starting in 2013 offers a number of options to this end. Not all of these are explicitly named in the official ETS legislation, some having only been later accepted by the Commission's Directorate General for Climate Action (DG CLIMA), upon pressure from the industry, as a permissible interpretation of the existing rules. One especially complicated and unhappy example of European management policy under the ETS regime is the promotion of electricity generation from industrial waste heat from the production of ferrosilicon.

  7. Air Emissions Species Manual (addendum). Final report, April 1988-October 1989

    Energy Technology Data Exchange (ETDEWEB)

    Brooks, G.W.; Waddell, J.T.; Butler, A.

    1989-10-01

    The U.S. Environmental Protection Agency (EPA) has several activities that require speciated particulate matter (PM) or volatile organic compound (VOC) profiles from several source categories. In an effort to update the available speciated PM profile data base, EPA has initiated studies to update various reference manuals. This document updates the PM profiles in the Air Emissions Species Manual, Volume II with new information obtained from contacts with principal researchers in the field of PM species profiles and source receptor modeling. The new profiles were developed using the procedures and protocols specified in the original Air Emissions Species Manual, Volume II. The profiles are based on data submitted by the researchers.

  8. A synthesis of carbon in international trade

    Directory of Open Access Journals (Sweden)

    G. P. Peters

    2012-08-01

    Full Text Available In a globalised world, the transfer of carbon between regions, either physically or embodied in production, represents a substantial fraction of global carbon emissions. The resulting emission transfers are important for balancing regional carbon budgets and for understanding the drivers of emissions. In this paper we synthesise current understanding in two parts: (1 CO2 emissions embodied in goods and services that are produced in one country but consumed in others, and (2 carbon physically present in fossil fuels, petroleum-derived products, harvested wood products, crops, and livestock products. We describe the key differences between studies and provide a consistent set of estimates using the same definitions, modelling framework, and consistent data. We find the largest trade flows of carbon in international trade in 2004 were fossil fuels (2673 MtC, 37 % of global emissions, CO2 embodied in traded goods and services (1661 MtC, 22 % of global emissions, crops (522 MtC, 31 % of total harvested crop carbon, petroleum-based products (183 MtC, 50 % of their total production, harvested wood products (149 MtC, 40 % of total roundwood extraction, and livestock products (28 MtC, 22 % of total livestock carbon. We find that for embodied CO2 emissions, estimates from independent studies are robust, and that differences between individual studies are not a reflection of the uncertainty in consumption-based estimates, but rather these differences result from the use of different production-based emissions input data and different definitions for allocating emissions to international trade. After adjusting for these issues, results across independent studies converge to give less uncertainty than previously assumed. For physical carbon flows there are relatively few studies to be synthesised, but differences between existing studies are due to the method of allocating to international trade, with some studies using

  9. 40 CFR 91.206 - Trading.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Trading. 91.206 Section 91.206... EMISSIONS FROM MARINE SPARK-IGNITION ENGINES Averaging, Banking, and Trading Provisions § 91.206 Trading. (a... manufacturers in trading. These credits must be used in the same averaging set as generated. (b) Credits for...

  10. 40 CFR 91.1306 - Trading.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Trading. 91.1306 Section 91.1306... EMISSIONS FROM MARINE SPARK-IGNITION ENGINES In-Use Credit Program for New Marine Engines § 91.1306 Trading... engine manufacturers through trading. (b) In-use credits for trading can be obtained from credits banked...

  11. ALDEHYDE AND OTHER VOLATILE ORGANIC CHEMICAL EMISSIONS IN FOUR FEMA TEMPORARY HOUSING UNITS ? FINAL REPORT

    Energy Technology Data Exchange (ETDEWEB)

    Salazar, Olivia; Maddalena, Randy L.; Russell, Marion; Sullivan, Douglas P.; Apte, Michael G.

    2008-05-04

    Four unoccupied FEMA temporary housing units (THUs) were studied to assess their indoor emissions of volatile organic compounds including formaldehyde. Measurement of whole-THU VOC and aldehyde emission factors (mu g h-1 per m2 of floor area) for each of the four THUs were made at FEMA's Purvis MS staging yard using a mass balance approach. Measurements were made in the morning, and again in the afternoon in each THU. Steady-state indoor formaldehyde concentrations ranged from 378 mu g m-3 (0.31ppm) to 632 mu g m-3 (0.52 ppm) in the AM, and from 433 mu g m-3 (0.35 ppm) to 926 mu g m-3 (0.78 ppm) in the PM. THU air exchange rates ranged from 0.15 h-1 to 0.39 h-1. A total of 45 small (approximately 0.025 m2) samples of surface material, 16 types, were collected directly from the four THUs and shipped to Lawrence Berkeley Laboratory. The material samples were analyzed for VOC and aldehyde emissions in small stainless steel chambers using a standard, accurate mass balance method. Quantification of VOCs was done via gas chromatography -- mass spectrometry and low molecular weight aldehydes via high performance liquid chromatography. Material specific emission factors (mu g h-1 per m2 of material) were quantified. Approximately 80 unique VOCs were tentatively identified in the THU field samples, of which forty-five were quantified either because of their toxicological significance or because their concentrations were high. Whole-trailer and material specific emission factors were calculated for 33 compounds. The THU emission factors and those from their component materials were compared against those measured from other types of housing and the materials used in their construction. Whole THU emission factors for most VOCs were typically similar to those from comparative housing. The three exceptions were exceptionally large emissions of formaldehyde and TMPD-DIB (a common plasticizer in vinyl products), and somewhat elevated for phenol. Of these three compounds

  12. Further development of the EU Emissions Trading Scheme in Germany and the European Union under consideration of experiences in other EU Member States; Weiterentwicklung des Emissionshandels - national und auf EU-Ebene

    Energy Technology Data Exchange (ETDEWEB)

    Wartmann, S.; Klaus, S.; Scharte, M.; Harnisch, J. [Ecofys GmbH, Nuernberg (Germany); Heilmann, S.; Bertenrath, R. [FiFo Koeln (Germany)

    2008-02-15

    The study analyses options for further development of the EU Emissions Trading Scheme (EU-ETS) after 2012. The first analysis focuses on the effects of the EU-ETS on companies, power prices, competitiveness and employment. It is followed by an analysis of overlaps or lacking coverage regarding the climate policies EU-ETS, Eco-Tax (Oekosteuer) resp. Energy Tax, the Renewable Energy Sources Act and the Combined Heat and Powert Act. These instruments are analysed with regards to their coherence. As a next step, the national allocation plans of France, The Netherlands, the United Kingdom and Poland are evaluated and recommendations are developed. Best practice recommendations for further developing the EU-ETS after 2012 both at the European and the national level are developed from the comparison of these European national allocation plans. Finally, design features of certificate systems relevant for international linking of such systems are addressed. In the analysis such design features are identified and approaches for problems potentially arising when certificate systems are linked, are developed. (orig.)

  13. Measurements and modeling to quantify emissions of methane and VOCs from shale gas operations: Final Report

    Energy Technology Data Exchange (ETDEWEB)

    Presto, Albert A [Carnegie Mellon Univ., Pittsburgh, PA (United States)

    2017-06-30

    The objectives of the project were to determine the leakage rates of methane and ozone-forming Volatile Organic Compounds (VOCs) and the emission rates of air toxics from Marcellus shale gas activities. Methane emissions in the Marcellus Shale region were differentiated between “newer” sources associated with shale gas development and “older” sources associated with coal or conventional natural gas exploration. This project conducted measurements of methane and VOC emissions from both shale and non-shale natural gas resources. The initial scope of the project was the Marcellus Shale basin, and measurements were conducted in both the western wet gas regions (southwest PA and WV) and eastern dry gas region (northeast PA) of the basin. During this project, we obtained additional funding from other agencies to expand the scope of measurements to include additional basins. The data from both the Marcellus and other basins were combined to construct a national analysis of methane emissions from oil & gas production activities.

  14. A study of toxic emissions from a coal-fired gasification plant. Final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-12-01

    Under the Fine Particulate Control/Air Toxics Program, the US Department of Energy (DOE) has been performing comprehensive assessments of toxic substance emissions from coal-fired electric utility units. An objective of this program is to provide information to the US Environmental Protection Agency (EPA) for use in evaluating hazardous air pollutant emissions as required by the Clean Air Act Amendments (CAAA) of 1990. The Electric Power Research Institute (EPRI) has also performed comprehensive assessments of emissions from many power plants and provided the information to the EPA. The DOE program was implemented in two. Phase 1 involved the characterization of eight utility units, with options to sample additional units in Phase 2. Radian was one of five contractors selected to perform these toxic emission assessments.Radian`s Phase 1 test site was at southern Company Service`s Plant Yates, Unit 1, which, as part of the DOE`s Clean Coal Technology Program, was demonstrating the CT-121 flue gas desulfurization technology. A commercial-scale prototype integrated gasification-combined cycle (IGCC) power plant was selected by DOE for Phase 2 testing. Funding for the Phase 2 effort was provided by DOE, with assistance from EPRI and the host site, the Louisiana Gasification Technology, Inc. (LGTI) project This document presents the results of that effort.

  15. VENOLIVA - Vehicle Noise Limit Values - comparison of two noise emission test methods. Final Report

    NARCIS (Netherlands)

    Roo, F. de; Dittrich, M.G.; Beek, P.J.G. van; Bosschaart, C.; Derksen. D.G.; Kievit, M. de

    2011-01-01

    The permissible sound level of road vehicles is part of the EU vehicle type approval legislation, as laid down in EU Directive 70/157/EEC [1] and in the UN-ECE Regulation No 51 [2] , which specifies the test method for the noise emission test. Since 1984 several studies [48] [49] [50] [51] [52

  16. Measurement of emission rates from gas-fired space heaters. Final report, June 1984-December 1985

    Energy Technology Data Exchange (ETDEWEB)

    Zawacki, T.S.; Cole, J.T.; Jasionowski, W.J.; Macriss, R.A.

    1986-10-01

    Emission-factor data of nitrogen dioxide (NO/sub 2/), nitrogen oxide (NO), carbon monoxide (CO) and unburned hydrocarbons (UBH) were experimentally determined for each of 10 different unvented gas space heaters (UVGSH) by each of 3 different measurement methodologies (probe, hood, chamber). The heaters were of various designs (blue-flame with/without radiating tiles, infrared) and were fueled by natural gas or liquid propane gas (LPG) at various gas input rates (10,000 to 40,000 Btu/h). Emission factors were found to be dependent primarily on heater design (blue-flame vs. infrared) and method of measurement and secondarily on other factors. Emission obtained by the probe or hood method were almost identical but different than obtained by the chamber method, especially emission factors for NO and CO. These differences were investigated and it was concluded that they were caused by the vitiated atmosphere maintained within the chamber at the low (0.5 air changes per hour) chamber air infiltration prescribed as part of the chamber methodology.

  17. Minimum emissions from biomass FBC. Improved energy generation based on biomass FBC with minimum emission. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Hallgren, A. [TPS Termiska Processer AB, Nykoeping (Sweden)

    2002-02-01

    primary measure. The market of biofuels and their exploitation for energy production has been surveyed in detail for the countries Germany, Sweden and the United Kingdom as well as the biofuel sources and combustion plants. Characteristic features and parameters could be identified for the logistic process chain as well as specification and requirements on specified feed stock and the removal of residues from the combustion process could be determined. Finally, a handbook has been developed which supports the planning of logistic systems for biogene fuels supply applicable for industrial utilization. It offers guidance for regional planners and operators of energy plants in the strategic planning of new or the optimization of existing logistic systems.

  18. To mitigate or not to mitigate: Regulatory treatment of emissions trading and its effect on marketplace incentives

    Energy Technology Data Exchange (ETDEWEB)

    McDermott, K.A. [Illinois State Univ., Normal, IL (United States). Center for Regulatory Studies; South, D.W. [Argonne National Lab., IL (United States)

    1991-12-31

    The Clean Air Act Amendments of 1990 (hereafter CAAA) have created a market-based mechanism that is designed to employ a profit-oriented incentive to enable electric utilities to reduce SO{sub 2} emissions at the least cost. One of the most important challenges facing state regulatory utility commissions in the next decade is the integration of this marker-based profit-incentive process into the traditional rate-base, rate-of-return, profit-control approach to regulation. How the struggle to meld two potentially contradictory control and incentive programs will be resolved remains to be seen. As of now, it is an open question. The purpose of this paper is to help clarify some of the issues that need to be addressed and to offer some policy recommendations that will allow regulators to employ the effectiveness of market forces while they still retain overall control of the evolution of the regulated electric supply market.

  19. To mitigate or not to mitigate: Regulatory treatment of emissions trading and its effect on marketplace incentives

    Energy Technology Data Exchange (ETDEWEB)

    McDermott, K.A. (Illinois State Univ., Normal, IL (United States). Center for Regulatory Studies); South, D.W. (Argonne National Lab., IL (United States))

    1991-01-01

    The Clean Air Act Amendments of 1990 (hereafter CAAA) have created a market-based mechanism that is designed to employ a profit-oriented incentive to enable electric utilities to reduce SO{sub 2} emissions at the least cost. One of the most important challenges facing state regulatory utility commissions in the next decade is the integration of this marker-based profit-incentive process into the traditional rate-base, rate-of-return, profit-control approach to regulation. How the struggle to meld two potentially contradictory control and incentive programs will be resolved remains to be seen. As of now, it is an open question. The purpose of this paper is to help clarify some of the issues that need to be addressed and to offer some policy recommendations that will allow regulators to employ the effectiveness of market forces while they still retain overall control of the evolution of the regulated electric supply market.

  20. Carbon Trading. Literature Overview

    Energy Technology Data Exchange (ETDEWEB)

    Kerste, M.; Weda, J.; Rosenboom, N.

    2010-12-15

    From Pigou and Coase to the Kyoto Protocol, carbon trading has resulted in pricing of the negative externalities emanating from pollution. This report highlights leading literature and empirical findings on carbon trading, amongst others addressing the relevant carbon and related markets, the (lack of) success of carbon trading so far and room for improvement as well as its impact on investments in emission reduction. This report is part of a set of SEO-reports on finance and sustainability. The other reports deal with: Financing the Transition to Sustainable Energy; Innovations in financing environmental and social sustainability; and Sustainable investment.

  1. Final report on LDRD Project: Quantum confinement and light emission in silicon nanostructures

    Energy Technology Data Exchange (ETDEWEB)

    Guilinger, T.R.; Kelly, M.J.; Follstaedt, D.M. [and others

    1995-02-01

    Electrochemically formed porous silicon (PS) was reported in 1991 to exhibit visible photoluminescence. This discovery could lead to the use of integrated silicon-based optoelectronic devices. This LDRD addressed two general goals for optical emission from Si: (1) investigate the mechanisms responsible for light emission, and (2) tailor the microstructure and composition of the Si to obtain photoemission suitable for working devices. PS formation, composition, morphology, and microstructure have been under investigation at Sandia for the past ten years for applications in silicon-on-insulator microelectronics, micromachining, and chemical sensors. The authors used this expertise to form luminescent PS at a variety of wavelengths and have used analytical techniques such as in situ Raman and X-ray reflectivity to investigate the luminescence mechanism and quantify the properties of the porous silicon layer. Further, their experience with ion implantation in Si lead to an investigation into alternate methods of producing Si nanostructures that visibly luminesce.

  2. Stack-emission testing for beryllium, Hill AFB, Utah. Final report, 13-17 July 1987

    Energy Technology Data Exchange (ETDEWEB)

    Daly, M.

    1987-11-01

    At the request of HQ AFLC/SGB, personnel from the USAFOEHL conducted an air-emission survey of the exhaust from a C-5 brake reconditioning operation at Hill AFB UT from 13 July to 17 July 1987. These brakes contain beryllium disks and during the reconditioning process, beryllium particles are generated. The reconditioning operation consists of two processes which vent to individual stacks. The emissions for both stacks were well below the EPA standard for this kind of operation. The brake shop conducts a two part reconditioning operation on C-5 beryllium brake discs. This operation consists of an active wet grinding process and a wet dipping process. The reconditioning process is a cyclic operation for six hours per day and the shop operates only one shift per day. Each process is exhausted through its own stack and has no air pollution control equipment.

  3. Projection of Environmental Pollutant Emissions From Different Final Waste Disposal Methods Based on Life Cycle Assessment Studies in Qazvin City

    Directory of Open Access Journals (Sweden)

    Javad Torkashvand

    2015-12-01

    Full Text Available In the current study, the life cycle assessment (LCA method was used to expect the emissions of different environmental pollutants through qualitative and quantitative analyses of solid wastes of Qazvin city in different final disposal methods. Therefore, four scenarios with the following properties considering physical analysis of Qazvin’s solid wastes, the current status of solid waste management in Iran, as well as the future of solid waste management of Qazvin were described. In order to detect the quantity of the solid wastes, the volume-weighted analysis was used and random sampling method was used for physical analysis. Of course, regarding the method of LCA, it contains all stages from solid wastes generation to its disposal. However, since the main aim of this study was final disposal stage, the emissions of pollutants of these stages were ignored. Next, considering the mixture of the solid waste, the amount of pollution stemming from each of final disposal methods from other cities having similar conditions was estimated. The findings of the study showed that weight combination of Qazvin solid wastes is entirely similar to that of other cities. Thus, the results of this study can be applied by decision makers around the country. In scenarios 1 and 2, emission of leachate containing high amounts of COD and BOD is high and also the highest content of nitrate, which can contaminate water and soil resulting in high costs for their management. In scenarios 3 and 4, the amounts of gaseous pollutants, particularly CO2, as well as nitrogen oxides are very high. In conclusion, the LCA methods can effectively contribute to the management of municipal solid wastes (MSW to control environmental pollutants with least expenses.

  4. Volatile organic chemical emissions from carpet cushions: Screening measurements. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Hodgson, A.T.; Phan, T.A.

    1994-05-01

    The US Consumer Product Safety Commission (CPSC) has received complaints from consumers regarding the occurrence of adverse health effects following the installation of new carpeting (Schachter, 1990). Carpet systems are suspected of emitting chemicals which may be the cause of these complaints, as well as objectionable odors. Carpets themselves have been shown to emit a variety of volatile organic compounds (VOCs). The objective of this study was to screen the representative samples of carpet cushions for emissions of individual VOCS, total VOCs (TVOC), formaldehyde, and, for the two types of polyurethane cushions, isomers of toluene diisocyanate (TDI). The measurements of VOCS, TVOC and formaldehyde were made over six-hour periods using small-volume (4-L) dynamic chambers. Sensitive gas chromatography-mass spectrometry (GC-MS) techniques were used to identify many of the VOCs emitted by the cushion samples and to obtain quantitative estimates of the emission rates of selected compounds. Separate screening measurements were conducted for TDI. The data from the screening measurements were used by the CPSC`s Health Sciences Laboratory to help design and conduct week-long measurements of emission rates of selected compounds.

  5. Sampling of power plant stacks for air toxic emissions: Final report for Phases 1 and 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-04-28

    A test program to collect and analyze size-fractionated stack gas particulate samples for selected inorganic hazardous air pollutants (HAPs) was conducted . Specific goals of the program are (1) the collection of one-gram quantities of size-fractionated stack gas particulate matter for bulk (total) and surface chemical characterization, and (2) the determination of the relationship between particle size, bulk and surface (leachable) composition, and unit load. The information obtained from this program identifies the effects of unit load, particle size, and wet FGD system operation on the relative toxicological effects of exposure to particulate emissions. Field testing was conducted in two phases. The Phase I field program was performed over the period of August 24 through September 20, 1992, at the Tennessee Valley Authority Widows Creek Unit 8 Power Station, located near Stevenson (Jackson County), Alabama, on the Tennessee River. Sampling activities for Phase II were conducted from September 11 through October 14, 1993. Widows Creek Unit 8 is a 575-megawatt plant that uses bituminous coal averaging 3.7% sulfur and 13% ash. Downstream of the boiler, a venture wet scrubbing system is used for control of both sulfur dioxide and particulate emissions. There is no electrostatic precipitator (ESP) in this system. This system is atypical and represents only about 5% of the US utility industry. However, this site was chosen for this study because of the lack of information available for this particulate emission control system.

  6. Justification of sector-specific regulatory interventions in the emissions trading markets of the energy sector from 2013; Rechtfertigung sektorspezifisch-regulatorischer Eingriffe auf den Emissionshandelsmaerkten in der Energiewirtschaft ab 2013

    Energy Technology Data Exchange (ETDEWEB)

    Ernst, Lukas [Bonn Univ. (Germany). Zentrum fuer Europaeische Integrationsforschung (ZEI); Landgericht Koeln (Germany)

    2012-11-01

    The author discusses the sector-specific regulations for European emissions trading from 2013, with particular regard to the structures prevailing in the power generation markets. The third trading period is to start soon. The regulatory structure has been revised in consideration of the experience gained since 2005, when the legal structure was revised. One central element is the transition from free allocation of certificates to allocation by auctioning, which will be introduced in the power industry without a transition phase. This raises a number of questions concerning competition. In particular, it appears that the new legal framework of emissions trading is not advanced far enough for consequent pursuing of the goals that were set by deregulation of the power industry. It is now necessary to build on the competition efforts observed so far and to stabilize market integration - which is slow to start but is starting nevertheless - by developing an appropriate structure of emission trading so as not to jeopardize the deregulation success achieved so far.

  7. Gas breakthrough and emission through unsaturated compacted clay in landfill final cover.

    Science.gov (United States)

    Ng, C W W; Chen, Z K; Coo, J L; Chen, R; Zhou, C

    2015-10-01

    Determination of gas transport parameters in compacted clay plays a vital role for evaluating the effectiveness of soil barriers. The gas breakthrough pressure has been widely studied for saturated swelling clay buffer commonly used in high-level radioactive waste disposal facility where the generated gas pressure is very high (in the order of MPa). However, compacted clay in landfill cover is usually unsaturated and the generated landfill gas pressure is normally low (typically less than 10 kPa). Furthermore, effects of clay thickness and degree of saturation on gas breakthrough and emission rate in the context of unsaturated landfill cover has not been quantitatively investigated in previous studies. The feasibility of using unsaturated compacted clay as gas barrier in landfill covers is thus worthwhile to be explored over a wide range of landfill gas pressures under various degrees of saturation and clay thicknesses. In this study, to evaluate the effectiveness of unsaturated compacted clay to minimize gas emission, one-dimensional soil column tests were carried out on unsaturated compacted clay to determine gas breakthrough pressures at ultimate limit state (high pressure range) and gas emission rates at serviceability limit state (low pressure range). Various degrees of saturation and thicknesses of unsaturated clay sample were considered. Moreover, numerical simulations were carried out using a coupled gas-water flow finite element program (CODE-BRIGHT) to better understand the experimental results by extending the clay thickness and varying the degree of saturation to a broader range that is typical at different climate conditions. The results of experimental study and numerical simulation reveal that as the degree of saturation and thickness of clay increase, the gas breakthrough pressure increases but the gas emission rate decreases significantly. Under a gas pressure of 10 kPa (the upper bound limit of typical landfill gas pressure), a 0.6m or thicker

  8. Particulate emissions from residential wood combustion: Final report: Norteast regional Biomass Program

    Energy Technology Data Exchange (ETDEWEB)

    1987-01-01

    The objective of this study was to provide a resource document for the Northeastern states when pursuing the analysis of localized problems resulting from residential wood combustion. Specific tasks performed include assigning emission rates for total suspended particulates (TSP) and benzo(a)pyrene (BaP) from wood burning stoves, estimating the impact on ambient air quality from residential wood combustion and elucidating the policy options available to Northeastern states in their effort to limit any detrimental effects resulting from residential wood combustion. Ancillary tasks included providing a comprehensive review on the relevant health effects, indoor air pollution and toxic air pollutant studies. 77 refs., 11 figs., 25 tabs.

  9. The cost of inaction. Auctioning revenues under different climate ambition scenarios for the EU emissions trading scheme

    Energy Technology Data Exchange (ETDEWEB)

    Hermann, Hauke; Graichen, Verena

    2012-11-06

    Compared to the reference scenario auctioning revenues increase for all coun-tries in all action scenarios, even in the backloading scenario. If the EU continues with its current 20% emission reduction target until 2020, the revenue losses for European Member States will be in the range of Euro{sub 2012} 62 billion (compared to revenues in the 25% domestic scenario) and Euro{sub 2012} 78 billion (compared to revenues in the 30% domestic scenario). Overall the impact of reduced auctioning quantities and higher climate targets on industrial competitiveness is very limited and will be compensated. The sectors concerned have enjoyed over allocation in the past. From 2013 onwards they will receive 100% free allocation (based on benchmarks). A compensation mechanism for higher electricity prices has also been established. The proposal by the Commission which includes the back-loading measure is a first step forward; however, the respective amount of allowances should be back-loaded for a period of a decade or more. It would be best to retire the back-loaded allowances at the earliest point in time. This first move should be complemented by the adoption of higher reduction targets since previous re-search has clearly shown that a stand-alone back-loading approach will not be sufficient to solve the surplus problem and restore a robust CO{sub 2} price signal. Considering that the EU ETS Directive includes special provisions on redistribu-tion designed to support Central and Eastern European countries, these Member States would benefit more (compared to other Member States) from an in-crease in auctioning revenues even without introducing additional redistribution mechanisms under the ETS.

  10. Enhanced Emission Performance and Fuel Efficiency for HD Methane Engines. Literature Study. Final Report

    Energy Technology Data Exchange (ETDEWEB)

    Broman, R.; Staalhammar, P.; Erlandsson, L.

    2010-05-15

    A literature survey has been conducted in order to define state-of-the-art for methane fuelled engines to be used in heavy duty vehicles. Use of methane can be favourable to increase security of supply and mitigate CO2 emissions, especially when the methane origins from biomass. Furthermore, methane used as a fuel in heavy duty engines has a potential to reduce toxic exhaust emissions. Historically, use of methane in heavy duty engines has often been hampered by poor efficiency, i.e. high fuel consumption when using the Otto-cycle. However, current generation technology engines might be within 5-10 % of the efficiency of Diesel engine technology. In this context it is worth mentioning that compliance-driven changes for meeting future emission regulations for Diesel engines may have a negative impact on fuel efficiency, thereby narrowing the gap. This may present an opportunity for heavy methane fuelled engines. The reliability and durability of the exhaust aftertreatment devices for methane fuelled engines has also given rise to some concerns. Some concepts are performing acceptable while others do not meet expectations. This is partly due to difficulties in handling methane in the aftertreatment device and partly to issues in the design of the ignition system. Methane is a fuel used worldwide and has a potential to be an important complement to Diesel oil. There are two categories of HD methane engines available to end-users: Retrofitted engines, which often include computer controlled retrofit systems developed as 'bolt-on' technologies that can be removed if necessary, to resell the vehicle with a normal diesel engine, and those developed specifically for and in conjunction with engine manufacturers and delivered to customers as factory-built engines or vehicles (OEM). Additionally, both these categories can include engines that use the Otto- or Diesel combustion cycles. When adapting a HD Diesel engine to run on methane there are two options, either

  11. Life assessment and emissions monitoring of Indian coal-fired power plants. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1992-07-01

    At the request of the Pittsburgh Energy Technology Center (PETC) of the United States Department of Energy (USDOE), the traveler, along with Dr. R. P. Krishnan, Oak Ridge National Laboratory (ORNL), Oak Ridge, Tennessee spent three weeks in India planning and performing emissions monitoring at the coal-fired Vijayawada Thermal Power Station (VTPS). The coordination for the Indian participants was provided by BHEL, Trichy and CPRI, Bangalore. The trip was sponsored by the PETC under the United States Agency for International Development (USAID)/Government of India (GOI)P Alternate Energy Resources Development (AERD) Project. The AERD Project is managed by PETC, and ORNL is providing the technical coordination and support for four coal projects that are being implemented with BHEL, Trichy. The traveler, after briefing the USAID mission in New Delhi visited BHEL, Trichy and CPRI, Bangalore to coordinate and plan the emissions test program. The site selection was made by BHEL, CPRI, TVA, and PETC. Monitoring was performed for 4 days on one of the 4 existing 210 MW coal-fired boilers at the VTPS, 400 km north of Madras, India.

  12. Modeling the effects of vegetation on methane oxidation and emissions through soil landfill final covers across different climates.

    Science.gov (United States)

    Abichou, Tarek; Kormi, Tarek; Yuan, Lei; Johnson, Terry; Francisco, Escobar

    2015-02-01

    Plant roots are reported to enhance the aeration of soil by creating secondary macropores which improve the diffusion of oxygen into soil as well as the supply of methane to bacteria. Therefore, methane oxidation can be improved considerably by the soil structuring processes of vegetation, along with the increase of organic biomass in the soil associated with plant roots. This study consisted of using a numerical model that combines flow of water and heat with gas transport and oxidation in soils, to simulate methane emission and oxidation through simulated vegetated and non-vegetated landfill covers under different climatic conditions. Different simulations were performed using different methane loading flux (5-200 g m(-2) d(-1)) as the bottom boundary. The lowest modeled surface emissions were always obtained with vegetated soil covers for all simulated climates. The largest differences in simulated surface emissions between the vegetated and non-vegetated scenarios occur during the growing season. Higher average yearly percent oxidation was obtained in simulations with vegetated soil covers as compared to non-vegetated scenario. The modeled effects of vegetation on methane surface emissions and percent oxidation were attributed to two separate mechanisms: (1) increase in methane oxidation associated with the change of the physical properties of the upper vegetative layer and (2) increase in organic matter associated with vegetated soil layers. Finally, correlations between percent oxidation and methane loading into simulated vegetated and non-vegetated covers were proposed to allow decision makers to compare vegetated versus non-vegetated soil landfill covers. These results were obtained using a modeling study with several simplifying assumptions that do not capture the complexities of vegetated soils under field conditions. Copyright © 2014 Elsevier Ltd. All rights reserved.

  13. Nano-Filament Field Emission Cathode Development Final Report CRADA No. TSB-0731-93

    Energy Technology Data Exchange (ETDEWEB)

    Bernhardt, Tony [Lawrence Livermore National Lab. (LLNL), Livermore, CA (United States); Fahlen, Ted [Candescent Technologies Corporation, San Jose, CA (United States)

    2018-01-17

    At the time the CRADA was established, Silicon Video Corporation, of Cupertino, CA was a one-year-old rapidly growing start-up company. SVC was developing flat panel displays (FPDs) to replace Cathode Ray Terminals (CRTs) for personal computers, work stations and televisions. They planned to base their products on low cost and energy efficient field emission technology. It was universally recognized that the display was both the dominant cost item and differentiating feature of many products such as laptop computers and hand-held electronics and that control of the display technology through U.S. sources was essential to success in these markets. The purpose of this CRADA project was to determine if electrochemical planarization would be a viable, inexpensive alternative to current optical polishing techniques for planarizing the surface of a ceramic backplate of a thin film display.

  14. The SDSS-IV extended Baryon Oscillation Spectroscopic Survey: final emission line galaxy target selection

    Science.gov (United States)

    Raichoor, A.; Comparat, J.; Delubac, T.; Kneib, J.-P.; Yèche, Ch; Dawson, K. S.; Percival, W. J.; Dey, A.; Lang, D.; Schlegel, D. J.; Gorgoni, C.; Bautista, J.; Brownstein, J. R.; Mariappan, V.; Seo, H.-J.; Tinker, J. L.; Ross, A. J.; Wang, Y.; Zhao, G.-B.; Moustakas, J.; Palanque-Delabrouille, N.; Jullo, E.; Newmann, J. A.; Prada, F.; Zhu, G. B.

    2017-11-01

    We describe the algorithm used to select the emission line galaxy (ELG) sample at z ˜ 0.85 for the extended Baryon Oscillation Spectroscopic Survey of the Sloan Digital Sky Survey IV, using photometric data from the DECam Legacy Survey. Our selection is based on a selection box in the g - r versus r - z colour-colour space and a cut on the g-band magnitude, to favour galaxies in the desired redshift range with strong [O II] emission. It provides a target density of 200 deg-2 on the North Galactic Cap and of 240 deg-2 on the South Galactic Cap (SGC), where we use a larger selection box because of deeper imaging. We demonstrate that this selection passes the extended Baryon Oscillation Spectroscopic Survey requirements in terms of homogeneity. About 50 000 ELGs have been observed since the observations have started in 2016, September. These roughly match the expected redshift distribution, though the measured efficiency is slightly lower than expected. The efficiency can be increased by enlarging the redshift range and with incoming pipeline improvement. The cosmological forecast based on these first data predict σ _{D_V}/D_V = 0.023, in agreement with previous forecasts. Lastly, we present the stellar population properties of the ELG SGC sample. Once observations are completed, this sample will be suited to provide a cosmological analysis at z ˜ 0.85, and will pave the way for the next decade of massive spectroscopic cosmological surveys, which heavily rely on ELGs. The target catalogue over the SGC will be released along with DR14.

  15. Trade Liberalization, Economic Growth, Energy Consumption and the Environment: Time Series Evidence from G-20 Economies

    Directory of Open Access Journals (Sweden)

    Jungho Baek

    2011-03-01

    Full Text Available This study examines the dynamic interrelationships between trade, income growth, energy consumption and CO2 emissions for G-20 economies in a framework of cointegrated vector autoregression (CVAR. Johansen's maximum likelihood procedure is used to estimate the coefficients of the cointegrated VAR. The results show that trade and income growth have a favorable effect on environmental quality for the developed G-20 member countries, while they have an adverse effect on the environment for the developing member countries. We also find that energy con- sumption tends to worsen environmental quality for both the developed and developing countries. Finally, it is found that trade and income to emission and energy causality holds for the developed countries; changes in degree of trade openness and income growth lead to corresponding changes in the rates of growth in emission and energy consumption. Emission and energy to trade and income causality, on the other hand, is found to hold for the developing countries; any shocks in emission and energy consumption cause corresponding fluctuations in income growth and trade openness.

  16. Emission factors of modern wood-pellet heating units under typical heating conditions - Final report; Emissionsfaktoren moderner Pelletkessel unter typischen Heizbedingungen - Schlussbericht

    Energy Technology Data Exchange (ETDEWEB)

    Good, J.; Nussbaumer, T.

    2009-12-15

    This final report for the Swiss Federal Office of Energy (SFOE) reports on the results of measurements made concerning the emission factors of two modern wood-pellet heating units under typical heating conditions. Using simulations, typical operation in single-family homes and apartment blocks were examined. Emissions during the different phases of operation were examined. Systems with and without buffer storage were also examined. The minimum running times to be striven for are quoted which would lead to a reduction of emissions to an acceptable level. The characteristic operating modes for the two heating units and the results obtained for various emissions are presented and discussed.

  17. Games of climate change with international trade

    NARCIS (Netherlands)

    Kemfert, C.; Lise, W.; Tol, R.S.J.

    2004-01-01

    We analyse games of greenhouse gas emission reduction in which the emissions and the emission reduction costs of one country depend on other countries' emission abatement. In an analytically tractable model, we show that international trade effects on costs and emissions can either increase or

  18. Trade Agreements

    OpenAIRE

    Kowalczyk, Carsten; Riezman, Raymond

    2009-01-01

    This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several questions for further research.

  19. Biological trade and markets.

    Science.gov (United States)

    Hammerstein, Peter; Noë, Ronald

    2016-02-05

    Cooperation between organisms can often be understood, like trade between merchants, as a mutually beneficial exchange of services, resources or other 'commodities'. Mutual benefits alone, however, are not sufficient to explain the evolution of trade-based cooperation. First, organisms may reject a particular trade if another partner offers a better deal. Second, while human trade often entails binding contracts, non-human trade requires unwritten 'terms of contract' that 'self-stabilize' trade and prevent cheating even if all traders strive to maximize fitness. Whenever trading partners can be chosen, market-like situations arise in nature that biologists studying cooperation need to account for. The mere possibility of exerting partner choice stabilizes many forms of otherwise cheatable trade, induces competition, facilitates the evolution of specialization and often leads to intricate forms of cooperation. We discuss selected examples to illustrate these general points and review basic conceptual approaches that are important in the theory of biological trade and markets. Comparing these approaches with theory in economics, it turns out that conventional models-often called 'Walrasian' markets-are of limited relevance to biology. In contrast, early approaches to trade and markets, as found in the works of Ricardo and Cournot, contain elements of thought that have inspired useful models in biology. For example, the concept of comparative advantage has biological applications in trade, signalling and ecological competition. We also see convergence between post-Walrasian economics and biological markets. For example, both economists and biologists are studying 'principal-agent' problems with principals offering jobs to agents without being sure that the agents will do a proper job. Finally, we show that mating markets have many peculiarities not shared with conventional economic markets. Ideas from economics are useful for biologists studying cooperation but need

  20. Reducing Emissions of Volatile Organic Compounds - Final Report - 08/15/1997 - 02/14/2001

    Energy Technology Data Exchange (ETDEWEB)

    Stensel, H. David; Strand, Stuart E.

    2001-03-14

    The overall objective of this research was to determine if the shallow suspended growth reactor (SSGR) could provide sufficient treatment performance of organic and reduced sulfur (TRS) compounds, at 50 C to meet the EPA ''cluster rule'' regulatory limits. The biodegradation of a mixture of organic compounds that could be present in pulp and paper high volume low concentration gas streams was evaluated at 50 C in a bench-scale SSGR. The removal of methanol was followed in particular, and was mathematically modeled to evaluate the effect of process design and operating parameters on methanol removal. Additional tests were performed to obtain mass transfer and biodegradation kinetic parameters for the model. The acclimation of microbial populations capable of degrading TRS compounds from various seed sources was studied in batch reactors at 30 and 50 C. The degradation of TRS compounds in bench-scale SSGR was studied at 20-50 C. Also, the biodegradation kinetic and mass transfer coefficients for alpha-terpinene and gamma-terpinene were studied. Finally, a pilot plant was constructed and operated at Simpson pulp and paper mill in Tacoma, WA.

  1. Emissions Trading Policy -- Technical Clarifications

    Science.gov (United States)

    This document may be of assistance in applying the New Source Review (NSR) air permitting regulations including the Prevention of Significant Deterioration (PSD) requirements. This document is part of the NSR Policy and Guidance Database. Some documents in the database are a scanned or retyped version of a paper photocopy of the original. Although we have taken considerable effort to quality assure the documents, some may contain typographical errors. Contact the office that issued the document if you need a copy of the original.

  2. Trade Liberalisation and Vertical Integration

    DEFF Research Database (Denmark)

    Bache, Peter Arendorf; Laugesen, Anders

    We build a three-country model of international trade in final goods and intermediate inputs and study the relation between different types of trade liberalisation and vertical integration. Firms are heterogeneous with respect to both productivity and factor intensity as observed in data. Final......-economy property rights theory of the firm using firm-level data. Finally, we notice that our model's sorting pattern is in line with recent evidence when the wage difference across countries is not too big....

  3. 40 CFR 89.206 - Trading.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Trading. 89.206 Section 89.206... EMISSIONS FROM NEW AND IN-USE NONROAD COMPRESSION-IGNITION ENGINES Averaging, Banking, and Trading Provisions § 89.206 Trading. (a) Requirements for Tier 1 engines rated at or above 37 kW. (1) A nonroad...

  4. Trading Agents

    CERN Document Server

    Wellman, Michael

    2011-01-01

    Automated trading in electronic markets is one of the most common and consequential applications of autonomous software agents. Design of effective trading strategies requires thorough understanding of how market mechanisms operate, and appreciation of strategic issues that commonly manifest in trading scenarios. Drawing on research in auction theory and artificial intelligence, this book presents core principles of strategic reasoning that apply to market situations. The author illustrates trading strategy choices through examples of concrete market environments, such as eBay, as well as abst

  5. EU emission trading. Requirement of adaptation of the Cap as a consequence of external shocks and unexpected developments?; EU-Emissionshandel. Anpassungsbedarf des Caps als Reaktion auf externe Schocks und unerwartete Entwicklungen?

    Energy Technology Data Exchange (ETDEWEB)

    Diekmann, Jochen [DIW, Berlin (Germany)

    2012-11-15

    The effectivity of the European emission trading system (EU-ETS) with respect to the reduction of greenhouse gas emissions based essentially on the quantity of the emission caps. The regional, sectorial and temporal boundaries of this system as well as the regulations covering international flexible mechanisms and banking have to be considered in the evaluation of the effectivity of the EU-ETS. Under this aspect, the authors of the contribution under consideration discuss the advantages and disadvantages of the different variants of adjustment. First of all, the criteria for an identification of a possible justified needs of adaptation are investigated. Furthermore, the authors discuss the question about suitable points in time for an intervention.

  6. The Kyoto Agreement: Trade and Design

    DEFF Research Database (Denmark)

    Svendsen, Gert Tinggaard

    1999-01-01

    The Kyoto Agreement from 1997 allows trade of CO2 emission quotas between the 38 industrialized countries which have committed themselves to an emission ceiling. However, it does not define how this potential trade system should be designed. The intention was to clarify these matters during the 1...

  7. Trade Liberalisation and Vertical Integration

    DEFF Research Database (Denmark)

    Bache, Peter Arendorf; Laugesen, Anders Rosenstand

    producers face decisions on exporting, vertical integration of intermediate-input production, and whether the intermediate-input production should be offshored to a low-wage country. We find that the fractions of final-good producers that pursue either vertical integration, offshoring, or exporting are all......We build a three-country model of international trade in final goods and intermediate inputs and study the relation between four different types of trade liberalisation and vertical integration. Firms are heterogeneous with respect to both productivity and factor (headquarter) intensity. Final-good...... increasing when intermediate-input trade or final-goods trade is liberalised. Finally, we provide guidance for testing the open-economy property rights theory of the firm using firm-level data and surprisingly show that the relationship between factor (headquarter) intensity and the likelihood of vertical...

  8. Organ Trade

    NARCIS (Netherlands)

    J.A.E. Ambagtsheer (Frederike)

    2017-01-01

    markdownabstractOrgan trade constitutes the sale and purchase of organs for financial or material gain. Although prohibited since the 1980s, an increasing number of reports indicate its proliferation across the globe. Yet, many knowledge gaps exist on organ trade, in particular on the demand -and

  9. Final Rule for Control of Air Pollution from Aircraft and Aircraft Engines: Emission Standards and Test Procedures

    Science.gov (United States)

    EPA is amending the existing emission standards for oxides of nitrogen (NOx) for new commercial aircraft engines. These standards are equivalent to the NOx emission standards of the United Nations International Civil Aviation Organization (ICAO).

  10. Air transport in the EU emissions trading system. Consequences for the air transportation sector, consumers and the environment; De luchtvaart in het EU-emissiehandelssysteem. Gevolgen voor de luchtvaartsector, consumenten en het milieu

    Energy Technology Data Exchange (ETDEWEB)

    Kolkman, J.; Moorman, S.; De Wit, J.

    2012-03-15

    Research has been conducted on the effects of aviation in the EU ETS (European Emission Trading system). In this study, a model and various scenarios were used to explore a bandwidth of possible effects and their magnitude. Moreover, the effects of possible retaliatory measures of parties outside the EU have been examined [Dutch] Er is onderzoek gedaan naar de effecten van de luchtvaart in het EU-ETS (Europese emissiehandelssysteem). In het onderzoek is met behulp van een model en diverse scenario's een bandbreedte van mogelijke effecten en hun orde van grootte verkend. Tevens is gekeken naar de effecten van mogelijke vergeldingsmaatregelen van partijen buiten de EU.

  11. The central importance of the EU emission trading scheme for achievement of the German climate protection target of 40% until 2020; Die zentrale Bedeutung des EU-Emissionshandels zur Erreichung des deutschen Klimaziels in Hoehe von 40 % bis 2020

    Energy Technology Data Exchange (ETDEWEB)

    Hermann, Hauke; Cludius, Johanna

    2014-02-15

    Both Germany and the European Union have set themselves targets for the reduction of greenhouse gas (GHG) emissions. The EU was the forerunner in 2008 when it adopted the Climate and Energy package and set a target of reducing GHG emissions by 20 % by 2020 compared to 1990. Two years later, Germany adopted a range of national GHG targets in the context of the German government's Energy Concept. This includes a 40% emissions reduction target to be met by 2020. One of the main instruments for achieving GHG emissions reduction targets is the EU Emissions Trading Scheme (EU ETS), which covers all large industrial and combustion installations in Europe. According to the agreement made in 2008 (Climate and Energy Package), the effort to achieve the EU's 20 % reduction target by 2020 was split between the ETS sector (2/3 of the reduction effort, representing a 21 % reduction in GHG emissions for installations covered under the ETS compared to 2005) and the non-ETS sector (1/3 of the reduction effort, representing a 10 % reduction compared to 2005). Logically, GHG emissions reductions occurring in German ETS installations count both towards the EU and the national target. This research project has been commissioned to analyse whether the ETS in its cur-rent design can contribute its fair share in efforts to meet the national emissions reduc-tion target. This question is particularly relevant in light of the following considerations: - The new German Coalition Agreement, signed in December 2013, reiterated the national target of a 40 % reduction of GHG emissions by 2020 compared to 1990 levels. - At the same time, the new Coalition Agreement stated that changes to the ETS are only to be considered if the EU GHG emissions reduction target will not be met. - There is a surplus of CO2 allowances on the ETS market, which undermines the credibility of the instrument as well as the integrity of the emissions reduction tar-gets (both European and national). At the same

  12. Foreign Trade

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The Foreign Trade database has monthly volume and value information for US imports, exports, and re-exports of fishery or fishery derived products. Data is...

  13. Managing Carbon Footprints under the Trade Credit

    Directory of Open Access Journals (Sweden)

    Xiaohong Chen

    2017-07-01

    Full Text Available We investigate how the retailer adjusts optimal ordering policy in the presence of cap-and-trade system and trade credit, and the corresponding changes of the retailer’s total costs and carbon footprint. Trade credit is one of the most used short-term financing tools. Our study shows that carbon emissions trading will shorten the ordering cycle for products that emit more carbon dioxide during the storage stage, and therefore reduce the buying behavior stimulation effect of trade credit on these products. Under the cap-and-trade system, the retailer’s total cost may increase or decrease, depending on the combination of carbon cap allocated to the retailer and the carbon price. Moreover, trade credit and the corresponding cost of capital affect the retailer’s carbon emission reduction strategy by changing the retailers’ consolidated cost during the ordering and inventory holding stages.

  14. Carbon trading: Current schemes and future developments

    Energy Technology Data Exchange (ETDEWEB)

    Perdan, Slobodan, E-mail: slobodan.perdan@manchester.ac.uk [School of Chemical Engineering and Analytical Science, Room F30, The Mill, University of Manchester, Sackville Street, Manchester M13 9PL (United Kingdom); Azapagic, Adisa [School of Chemical Engineering and Analytical Science, Room F30, The Mill, University of Manchester, Sackville Street, Manchester M13 9PL (United Kingdom)

    2011-10-15

    This paper looks at the greenhouse gas (GHG) emissions trading schemes and examines the prospects of carbon trading. The first part of the paper gives an overview of several mandatory GHG trading schemes around the world. The second part focuses on the future trends in carbon trading. It argues that the emergence of new schemes, a gradual enlargement of the current ones, and willingness to link existing and planned schemes seem to point towards geographical, temporal and sectoral expansion of emissions trading. However, such expansion would need to overcome some considerable technical and non-technical obstacles. Linking of the current and emerging trading schemes requires not only considerable technical fixes and harmonisation of different trading systems, but also necessitates clear regulatory and policy signals, continuing political support and a more stable economic environment. Currently, the latter factors are missing. The global economic turmoil and its repercussions for the carbon market, a lack of the international deal on climate change defining the Post-Kyoto commitments, and unfavourable policy shifts in some countries, cast serious doubts on the expansion of emissions trading and indicate that carbon trading enters an uncertain period. - Highlights: > The paper provides an extensive overview of mandatory emissions trading schemes around the world. > Geographical, temporal and sectoral expansion of emissions trading are identified as future trends. > The expansion requires considerable technical fixes and harmonisation of different trading systems. > Clear policy signals, political support and a stable economic environment are needed for the expansion. > A lack of the post-Kyoto commitments and unfavourable policy shifts indicate an uncertain future for carbon trading.

  15. Locomotive biofuel study - rail yard and over the road measurements using portable emissions measurement system : final report.

    Science.gov (United States)

    2015-01-01

    The emissions of three locomotive engines were measured with ULSD and multiple biofuel blends, including B10, B20, and B40. : B20 biodiesel fuel reduced emissions of carbon dioxide (CO2), carbon monoxide (CO), hydrocarbon (HC), and particulate matter...

  16. Final LDRD report : enhanced spontaneous emission rate in visible III-nitride LEDs using 3D photonic crystal cavities.

    Energy Technology Data Exchange (ETDEWEB)

    Fischer, Arthur Joseph; Subramania, Ganapathi S.; Coley, Anthony J.; Lee, Yun-Ju; Li, Qiming; Wang, George T.; Luk, Ting Shan; Koleske, Daniel David; Fullmer, Kristine Wanta

    2009-09-01

    The fundamental spontaneous emission rate for a photon source can be modified by placing the emitter inside a periodic dielectric structure allowing the emission to be dramatically enhanced or suppressed depending on the intended application. We have investigated the relatively unexplored realm of interaction between semiconductor emitters and three dimensional photonic crystals in the visible spectrum. Although this interaction has been investigated at longer wavelengths, very little work has been done in the visible spectrum. During the course of this LDRD, we have fabricated TiO{sub 2} logpile photonic crystal structures with the shortest wavelength band gap ever demonstrated. A variety of different emitters with emission between 365 nm and 700 nm were incorporated into photonic crystal structures. Time-integrated and time-resolved photoluminescence measurements were performed to measure changes to the spontaneous emission rate. Both enhanced and suppressed emission were demonstrated and attributed to changes to the photonic density of states.

  17. Impact of the european emission trading scheme for the air transportation industry on the valuation of aircraft purchase rights; Impacto de la ley de comercio europeo de emisiones de CO{sub 2} para el sector del transporte aereo en la valoracion de los derechos de compra de aviones

    Energy Technology Data Exchange (ETDEWEB)

    Tarradellas-Espuny, J.; Salamero-Salas, A.; Martinez-Costa, C.

    2009-07-01

    The European Commission issued a legislative proposal in December 2006, suggesting a cap on CO{sub 2} emissions for all planes arriving or departing from EU airports, while allowing airlines to buy and sell pollution credits on the EU carbon market (Emission Trading Scheme, or ETS). In 2008 the new scheme got the final approval. Real options appear to be ab appropriate methodology to capture the extra value brought by the new legislation on new airplane purchase rights: The airline will surely have the purchase right to the new plane if the operation of the plane generates unused pollution credits that the airline can sell at a minimum price in the carbon market. This paper tries to determine if the impact of ETS in the valuation of aircraft purchase rights is significant enough in monetary terms to include the new legislation in a complex real-option model already proposed by the authors recently. The research concludes that even the impact of ETS justifies its inclusion in the model, the quality of the available sets of historical data still raises some questions. Particularly, the assumption of market efficiency for the Carbon Pool over the recent years needs to be treated with caution. (Author) 9 refs.

  18. TradeWind. Integrating wind. Developing Europe's power market for the large-scale integration of wind power. Final report

    Energy Technology Data Exchange (ETDEWEB)

    2009-02-15

    Based on a single European grid and power market system, the TradeWind project explores to what extent large-scale wind power integration challenges could be addressed by reinforcing interconnections between Member States in Europe. Additionally, the project looks at the conditions required for a sound power market design that ensures a cost-effective integration of wind power at EU level. In this way, the study addresses two issues of key importance for the future integration of renewable energy, namely the weak interconnectivity levels between control zones and the inflexibility and fragmented nature of the European power market. Work on critical transmission paths and interconnectors is slow for a variety of reasons including planning and administrative barriers, lack of public acceptance, insufficient economic incentives for TSOs, and the lack of a joint European approach by the key stakeholders. (au)

  19. Fear Trading

    OpenAIRE

    Ardia, David

    2003-01-01

    Our trading strategy is inspired from the paper "implied volatility indices as leading indicators of stock index returns?", Giot (2002,[3]). It uses stylized facts observed in stock markets: the so called "leverage effect", the clustering and the mean-reverting behaviour of the implied volatility. Based on S&P100 and VIX data, we show that abnormally high levels of volatility can be used as a trading signals for long traders. A bootstrap procedure confirms the significant returns for the 1986...

  20. Allocation regulations in emission trading and their conditions of origin. A functional comparative analysis of legal regulations in Germany, Italy, and the United Kingdom; Die Zuteilungsregeln im Emissionshandel und ihre Entstehungsbedingungen. Ein funktionaler Rechtsvergleich zwischen Deutschland, Italien und dem Vereinigten Koenigreich

    Energy Technology Data Exchange (ETDEWEB)

    Horrichs, Judith

    2011-07-01

    According to the Kyoto protocol, emission trading will be one of the key instruments in the fight against global climate change and global warming. The European Union decided at an early stage to implement the limitation of carbon dioxide emissions in European law. Emission trading therefore has become a synonym of European climate protection policy. The main element is the allocation of emission certificates; this is the factor that will decide acceptance, efficiency and functioning of the concept. The publication compares the legal situation in Germany, the United Kingdom, and Italy. The allocation strategies of the three countries are discussed on the basis of two questions, i.e. the enhancement of new investments and emission reduction and the protection of investments once made. The comparison will show what regulations will be useful beyond 2012, i.e. after the end of the second allocation period, and what regulations have only national character and cannot be applied globally. (orig./RHM)

  1. Acoustic emission testing of in-service conventionally reinforced concrete deck girder superstructures on highway bridges : final report.

    Science.gov (United States)

    2008-09-01

    Three reports were produced from research sponsored by the Oregon Department of Transportation on acoustic emission (AE). The first describes the evaluation of AE techniques applied to two reinforced concrete (RC) bridge girders, which were loaded to...

  2. Direct Final Rule for Control of Air Pollution From Aircraft and Aircraft Engines; Emission Standards and Test Procedures

    Science.gov (United States)

    This rule will adopt the current voluntary NOx and CO emissions standards of the United Nations International Civil Aviation Organization (ICAO), bringing the United States aircraft standards into alignment with the international standards.

  3. Emissions trading for NO{sub x} and SO{sub 2} in the EU law. A contribution to the transferability of the system of the Directive 2003/87 on (other) air pollutants; Emissionshandel fuer NO{sub x} und SO{sub 2} im EU-Recht. Ein Beitrag zur Uebertragbarkeit des Systems der RL 2003/87 auf (andere) Luftschadstoffe

    Energy Technology Data Exchange (ETDEWEB)

    Epiney, Astrid [Freiburg i.Ue. Univ. (Switzerland). Inst. fuer Europarecht

    2011-03-15

    Currently, it is discussed, whether emissions trading for NO{sub x} (nitrogen oxides) and SO{sub 2} (sulfur dioxide) is introduced at EU level following the example of the Directive 2003/87 in accordance with the existing emissions trading for greenhouse gases. The contribution under consideration reports on the possible design of such a system and shows the problems involving an integration of such an emissions trading system in the Clean Air Act. There is a particular emphasis on the question whether under such a system an effective air pollution control (at local and regional level) can be ensured. Other questions are: (a) To what extent arise frictions with selected European Union legislative acts?; (b) How can these frictions be adapted?.

  4. Geographies of High Frequency Trading

    DEFF Research Database (Denmark)

    Grindsted, Thomas Skou

    2016-01-01

    This paper investigates the geographies of high frequency trading. Today shares shift hands within micro seconds, giving rise to a form of financial geographies termed algorithmic capitalism. This notion refers to the different spatio-temporalities produced by high frequency trading, under...... the valuation of time. As high frequency trading accelerates financial markets, the paper examines the spatio-temporalities of automated trading by the ways in which the speed of knowledge exploitation in financial markets is not only of interest, but also the expansion between different temporalities....... The paper demonstrates how the intensification of time-space compression produces radical new dynamics in the financial market and develops information rent in HFT as convertible to a time rent and a spatio-temporal rent. The final section discusses whether high frequency trading only responds to crises...

  5. Calculation of air pollutant emissions for episodes in Europe. Final report; Ermittlung von Luftschadstoffemissionen fuer Episoden in Europa. Abschlussbericht

    Energy Technology Data Exchange (ETDEWEB)

    Friedrich, R.; Lenhart, L.; Heck, T.

    1996-11-01

    For the further investigation of the large scale transport and chemical transformation of air pollutants with atmospheric models reliable emission data with a high temporal, spatial and species resolution are required for Europe. Within the GENEMIS project methods and models have been developed to generate such data, starting from annual emission data of the CORINAIR and LOTOS inventories. The main objective of converting annual emission data into reliable hourly values has been reached on the basis of numerous socio-economical, meteorological and technical indicator data. The models which were developed within this framework have been used to generate european emission inventories for different base years and selected episods. The analysis of the results showed significant spatial and large temporal variations of the emissions. It has been shown that former simplifying assumptions concerning the temporal behaviour of emissions were not sufficient to describe real situations. The emission data calculated within GENEMIS have been used directly as an input for air quality modeling purposes. (orig.) [Deutsch] Zur weiteren Erforschung des grossraeumigen atmosphaerischen Transports und der chemischen Umwandlung von Luftverunreinigungen mit Hilfe von entsprechenden Simulationsmodellen werden zeitlich, raeumlich und stofflich hochaufgeloeste Emissionsdaten fuer Europa benoetigt. Im Rahmen des Forschungsvorhabens GENEMIS wurden Methoden und Modelle entwickelt, mit denen - ausgehend von den jaehrlichen Emissionskatastern von CORINAIR und LOTOS - hochaufgeloeste Emissionsdaten in Europa ermittelt werden koennen. Die im Vordergrund stehende zeitliche Disaggregierung in stuendliche Emissionswerte wurde dabei auf der Grundlage zahlreicher sozio-oekonomischer, meteorologischer und technischer Indikatordaten vorgenommen. Die entwickelten Modelle wurden zur Erstellung von hochaufgeloesten Emissionsdatensaetzen fuer verschiedene Bezugsjahre und -zeitraeume angewendet. In der

  6. Measurement of chemical emissions under the influence of low-NO{sub x} combustion modifications. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Dismukes, E.B.

    1993-10-08

    Effect of low-NO{sub x} firing. There was no clear-cut effect on the emission of trace metals or acid gases. The data give marginal evidence for a decreased emission of Cr(VI), which would be a favorable change but is not certain by any means. The effect on aldehydes and ketones cannot be stated because of the loss of samples for baseline conditions; no credible data on these compounds were obtained for baseline conditions. The change in volatile organics appeared to be a reduction in emissions, whereas that for semi-volatiles seemed to be an increase. Inasmuch as low-NO{sub x} firing is sometimes accompanied by large increases in the amount of unburned carbon in the ash, the result for semi-volatiles is more in line with expectation. Effect of the hot-side ESP. As indicated above, the hot-side ESP lowered trace-element emissions to the range roughly from 1 to 5% of the levels found in the inlet gas stream. Not surprisingly, the hot-side ESP had no measurable influence on the emissions of SO{sub x}, HF, and HCl. Quite surprisingly, on the other hand, the ESP seemed to suppress the emission of certain organic substances. Suppression of the emission of formaldehyde is particularly difficult to explain. Presumably, the apparent disappearance of organics in the vapor state may be due in part to chemical changes at the high temperature of the ESP or in the corona regions, where ozone and other high-energy reactants are present. Perhaps chemical destruction was aided in the instance of semi-volatile compounds by relatively long residence times at high temperature while the compounds were adsorbed on ash particles in the hoppers. Effect of the cold-side ESP. Limited data with the cold-side ESP in operation made it difficult to detect any but the most emphatic effect of that ESP. No dramatic effect was seen.

  7. SRC burn test in 700-hp oil-designed boiler. Annex Volume C. Boiler emission report. Final technical report

    Energy Technology Data Exchange (ETDEWEB)

    1983-09-01

    The Solvent-Refined Coal (SRC) test burn program was conducted at the Pittsburgh Energy Technology Center (PETC) located in Bruceton, Pa. One of the objectives of the study was to determine the feasibility of burning SRC fuels in boilers set up for fuel oil firing and to characterize emissions. Testing was conducted on the 700-hp oil-fired boiler used for research projects. No. 6 fuel oil was used for baseline data comparison, and the following SRC fuels were tested: SRC Fuel (pulverized SRC), SRC Residual Oil, and SRC-Water Slurry. Uncontrolled particulate emission rates averaged 0.9243 lb/10/sup 6/ Btu for SRC Fuel, 0.1970 lb/10/sup 6/ Btu for SRC Residual Oil, and 0.9085 lb/10/sup 6/ Btu for SRC-Water Slurry. On a lb/10/sup 6/ Btu basis, emissions from SRC Residual Oil averaged 79 and 78%, respectively, lower than the SRC Fuel and SRC-Water Slurry. The lower SRC Residual Oil emissions were due, in part, to the lower ash content of the oil and more efficient combustion. The SRC Fuel had the highest emission rate, but only 2% higher than the SRC-Water Slurry. Each fuel type was tested under variable boiler operating parameters to determine its effect on boiler emissions. The program successfully demonstrated that the SRC fuels could be burned in fuel oil boilers modified to handle SRC fuels. This report details the particulate emission program and results from testing conducted at the boiler outlet located before the mobile precipitator take-off duct. The sampling method was EPA Method 17, which uses an in-stack filter.

  8. Emission Trading System in the SER Energy Agreement for Sustainable Growth. Macro-economic calculation by means of WorldScan; ETS in het SER Energieakkoord. Macro-economische doorrekening met WorldScan

    Energy Technology Data Exchange (ETDEWEB)

    Brink, C. [Planbureau voor de Leefomgeving PBL, Den Haag (Netherlands)

    2013-09-01

    The Dutch National Energy Agreement for Sustainable Growth aims at strengthening the European system for emissions trading by a more strict emission ceiling. Also, the agreement aims at guarantee the competitiveness of global energy intensive businesses by adjusting the allocation method for emission rights. In the calculations for the energy agreement this is reflected in the adjustment of the ETS pricing path. In this memo the calculations with the equilibrium model WordlScan are described and presented [Dutch] Het Nationaal Energieakkoord voor Duurzame Groei zet in op een versterking van het Europees systeem voor emissiehandel (ETS) door aanscherpen van het emissieplafond. Verder wil het akkoord de concurrentiepositie van het mondiaal opererende energie-intensieve bedrijfsleven borgen door aanpassing van de allocatiemethode voor emissierechten. In de doorrekening van het Energieakkoord is deze inzet tot uitdrukking gebracht in een aanpassing van het ETS-prijspad. Deze notitie beschrijft de berekeningen met het algemeen evenwichtsmodel WorldScan waar deze aanpassing van het ETS-prijspad op is gebaseerd.

  9. Stabilisation goals for concentrations of climate-relevant gaseous emissions: Effects and emission pathways. Final report; Stabilisierungsziele fuer Treibhausgaskonzentrationen: Eine Abschaetzung der Auswirkungen und der Emissionspfade. Abschlussbericht

    Energy Technology Data Exchange (ETDEWEB)

    Onigkeit, J.; Alcamo, J.; Kaspar, F.; Roesch, T.

    2000-04-01

    Two different stabilisation goals were assumed, i.e. 550 ppm and 450 ppm of carbon dioxide. First, the global anthropogenic carbon dioxide emissions were calculated that are permissible to reach these goals. Secondly, the global and regional environmental effects of these concentration goals were assessed. In this, carbon dioxide, nitric oxides and methane emissions from power generation, industry and agriculture were considered. Apart from an investigation of the global reduction strategies required, a key was developed for sharing the global reduction loads between Annex B countries and non-Annex B countries. To reach a stable concentration of 550 ppm carbon dioxide in the atmosphere, the global anthropogenic carbon dioxide emissions per annum may increase slightly until 2030 but must be lowered to the 1990 level by 2100. In the case of 450 ppm, the 1990 level must even be halved by 2100. The consequences of climate change for agriculture, natural vegetation, availability of water, and sea levels were investigated in consideration of regional variations in carbon dioxide emissions and emission reduction measures. In spite of extensive emission control, the area of reduced agricultural productivity will grow rapidly in both cases, and natural vegetation will be endangered, although with strong regional variations. [German] Ausgehend von zwei langfristigen Klimaschutzzielen (Stabilisierung der atmosphaerischen CO{sub 2}-Konzentration bei 550 ppm und bei 450 ppm) wurde mit Hilfe des IMAGE 2.1 Modells: (1) Eine Berechnung der globalen anthropogenen Treibhausgasemissionen durchgefuehrt, die zwischen 1990 und 2100 erlaubt sind, um diese Konzentrationsziele zu erreichen. (2) Wurde eine Abschaetzung der globalen und regionalen Umweltauswirkungen durch den Klimawandel durchgefuehrt, der mit diesen Konzentrationszielen einhergeht. Bei der Analyse wurden CO{sub 2}-, N{sub 2}O- und CH{sub 4} Emissionen aus dem Energie/Industrie- und dem landwirtschaftlichen Sektor

  10. The effect of a consumption-based accounting method in national GHG inventories: a trilateral trade system application

    Directory of Open Access Journals (Sweden)

    Simone eBastianoni

    2014-01-01

    Full Text Available The allocation of emissions embodied in international trade is crucial to evaluate the real impact of countries in the climate change and their responsibility in greenhouse gas emissions. In this paper we apply a new theoretical framework that allocates the emissions embodied in international trade and computes the consequent carbon transferred across countries, according to a consumption-based accounting. The method uses the value of goods traded internationally and the respective carbon intensity as a average national emissions coefficient.. We analyze a trilateral trade system composed by Sweden, Italy and Poland during the period 2000-2008. We find that, with respect to the conventional greenhouse gas national inventory schemes, consumption-based accounting implies an increase of Italian and Swedish emission responsibility by 1.4% and 11.8%, respectively, and a decrease of Polish one by 2.81%. We also assess the relevance of this framework at the sectoral level by hypothesizing a shift of Italian imports of Machinery and Transport Equipment from Poland to Sweden. We deduce that, through appropriate policies, importer nations could be encouraged to find producers with the best environmental performances while exporter nations could be induced to reduce their carbon intensity to stimulate the international demand for their goods. Finally, we discuss some policy implications deriving from the application of the consumption-based accounting. The analysis performed in the paper suggests that the consumption-based accounting could be an important tool in the climate change challenge to reduce global emissions.

  11. Efficiency and emissions improvement of gas-fired space heaters. Task 2. Unvented space heater emission reduction. Final report February-August 1983

    Energy Technology Data Exchange (ETDEWEB)

    Zawacki, T.S.; Cole, J.T.; Huang, V.M.S.; Banasiuk, H.; Macriss, R.A.

    1984-06-01

    The intent of this study was to investigate simple methods of reducing emissions, specifically NOx, in a typical unvented space heater. The basic design was to be retained, and changes limited to minor modifications to achieve the desired results. In this respect, it was determined that a significant reduction in the NOx levels was possible by relatively simple applications of appropriate burner inserts. However, GRI has been reviewing indoor air quality and has, subsequent to the completion of this work, added emphasis on the reduction of NO2 as well as NOx. In this light, the suitability of some of the reported techniques is questionable.

  12. Technology options and effective policies to reduce GHG emissions and improve security of supply. Final report CASCADE MINTS. Part 2

    Energy Technology Data Exchange (ETDEWEB)

    Uyterlinde, M.A.; Martinus, G.H.; Rosler, H. [ECN Policy Studies, Petten (Netherlands); Kouvaritakis, N.; Panos, V.; Mantzos, L.; Zeka-Paschou, M. [National Technical University of Athens NTUA, Athens (Greece); Kypreos, S. [Paul Scherrer Institute, Villigen (Switzerland); Jokisch, S. [Zentrum fuer Europaeische Wirtschaftsforschung ZEW, Mannheim (Germany); Blesl, M.; Ellersdorfer, I.; Zuern, M.; Fahl, U. [Institute of Energy Economics and the Rational Use of Energy IER, Stuttgart (Germany); Pratlong, F.; Le Mouel, P. [Equipe de Recherche en Analyse des Systemes et Modelisation Economiques ERASME, Ecole Centrale Paris, Paris (France); Keppo, I. [The International Institute for Applied Systems Analysis IIASA, Laxenburg (Austria); Sano, F.; Akimoto, K.; Homma, T.; Tomada, T. [Research Institute of Innovative Technology for the Earth RITE, Kyoto (Japan); Szabo, L.; Russ, P.; Suwala, W. [Institute for Prospective Technological Studies IPTS, Joint Research Centre JRC, Sevilla (Spain)

    2007-03-15

    A more sustainable energy system requires a portfolio of innovative technological options. The problems faced by Europe and the world are of a magnitude for which no single technology is the solution. Some of the options benefit both the climate problem and security of supply, and thus provide synergies, while others represent trade-offs for the policymaker. This report presents results of Part 2 of the CASCADE MINTS project. In this project, 15 renowned modelling teams in Europe, the US and Japan have provided an outlook to possible transitions of the energy system in Europe and at the global level. The objective of this project was to use a wide range of existing operational energy and energy/economy models in order to build analytical consensus concerning the impacts of policies aimed at sustainable energy systems. The emphasis is placed on evaluating the effects of policies influencing technological developments. Technologies assessed are renewables, nuclear power, CO2 capture and storage and hydrogen. There are synergies and trade-offs when applying these options for the main policy objectives of climate change mitigation and improving security of supply. This report provides a synthesis of the various policy briefs that were written for each of the individual transition pathways.

  13. Allowance trading: Market operations and regulatory response

    Energy Technology Data Exchange (ETDEWEB)

    Bailey, K.A.; South, D.W.; McDermott, K.A.

    1992-01-01

    The use of the SO[sub 2] allowance system as defined by Title IV of the 1990 Clean Air Act Amendments offers utilities greater compliance flexibility than EPA technology standards, State Implementation Plan (SEP) performance standards, or EPA bubble/offset strategies. Traditional methods at best offered the utility the ability to trade emissions between different units at a particular plant. The SO[sub 2] emissions trading system advocated under Title IV will allow a utility to trade emissions across its utility system, and/or trade emissions between utilities to take advantage of interfirm control cost differences. The use of transferable emission allowances offers utilities greater flexibility in the choice of how to control emissions: the choices include fuel switching, flue gas scrubbing, environmental dispatch, repowering, and even the choice not to control emissions [as long as the New Source Performance Standards (NSPS) and Prevention of Significant Deterioration (PSD) requirements are met]. The added flexibility allows utilities to choose the least cost manner of compliance with Title IV requirements. It is hoped (intended) that pollution control cost-minimization by individual utilities will in turn reduce the cost of controlling SO[sub 2] for the electric utility industry in aggregate. In addition, through the use of NO[sub x] emission averaging, the utility would average NO[sub x] emissions from different point sources in order to comply with the prescribed emission standard.

  14. Air Emissions Species Manual. Volume 2. Particulate-matter Species Profiles. Second edition. Final report, April 1988-October 1989

    Energy Technology Data Exchange (ETDEWEB)

    Brooks, G.W.; Waddell, J.T.; Butler, W.A.

    1990-01-01

    The U.S. Environmental Protection Agency (EPA) has several activities that require speciated particulate matter (PM) or volatile organic compound (VOC) profiles from several source categories. In an effort to update the available speciated PM profile data base, EPA initiated studies to update the Receptor Model Source Composition Library (EPA-450/4-85-002) and produce a revision entitled Air Emissions Species Manual - Volume II, Particulate Matter Species Profiles (EPA-450/2-88-003b). Similarly for VOC emissions, EPA performed studies to revise the Volatile Organic Compound Species Data Manual - Second Edition (EPA-450/4-80-015) and provide an updated version in the Air Emissions Species Manual - Volume I, Volatile Organic Compound Species Profiles (EPA-450/2-88-003a). The purpose of this document is to update the PM profiles in the Air Emissions Species Manual, Volume II, with new information obtained from contacts with principal researchers in the field of PM species profiles and source receptor modeling. The profiles are based on data voluntarily submitted by the researchers.

  15. Determination of consumption biogenic solid fuels in the commercial sector, trade, services (tertiary sector). Final report; Ermittlung des Verbrauchs biogener Festbrennstoffe im Sektor Gewerbe, Handel, Dienstleistungen (GHD-Sektor). Endbericht

    Energy Technology Data Exchange (ETDEWEB)

    Viehmann, Cornelia; Westerkamp, Tanja; Schwenker, Andre; Schenker, Marian; Thraen, Daniela; Lenz, Volker [DBFZ Deutsches BiomasseForschungsZentrum gemeinnuetzige GmbH, Leipzig (Germany); Ebert, Marcel [Leipziger Institut fuer Energie GmbH (Ireland), Leipzig (DE)

    2012-07-01

    The policy has both national and European level ambitious program aimed at expansion of renewable energy and related to the reduction of greenhouse gas emissions. In the national action plan for renewable energy of the Federal Republic of Germany these goals are defined by 2020. The share of renewable energy in the provision of heat and cold should therefore rise from 6.6% to 15.5% of gross final energy consumption. According to the increasing importance of solar-thermal, near-surface and geothermal heat, the relative share of biomass is decreasing. However biomass makes with those listed in the national action plan with 79% an essential amount in regenerative heat market [BMU 2010]. For the pursuit of goals and reviews, the support measures and packages of measures which are initiated in this context, a regular and timely reporting on the development of the above objectives is mandatory. The diverse and growing reporting requirements such as in the EU directive on the promotion of renewable energy, require, however well-founded knowledge of the sector-specific energy consumption from renewable sources. While the data available for use of biogenic solid fuels in the sectors household and industry has improved significantly in recent years, for the sector commercial sector, trade, services (tertiary sector) reliable figures are still lacking. Against this background, the objective is to present study, in close cooperation with the Federal Environment Agency (UBA), the determination of the final energy consumption biogenic solid fuels in the tertiary sector in Germany for the year 2008. The basis is, in addition to the development of the current knowledge of the energy and heat consumption, the delimitation and characterization of the sector and the development of an extrapolation tools. The demand for this tool is its expandability and update possibility. From the industry-nonspecific and industry-specific input data can be derived, collecting for the extrapolation

  16. Emission Certificate Trade and Costs under Regional Burden-Sharing Regimes for a 2˚C Climate Change Control Target

    NARCIS (Netherlands)

    Kober, T.; van der Zwaan, B.C.C.; Rösler, H.

    2014-01-01

    In this article we explore regional burden-sharing regimes for the allocation of greenhouse gas emission reduction obligations needed to reach a 2°C long-term global climate change control target by performing an integrated energy-economy-climate assessment with the bottom-up TIAM-ECN model. Our

  17. Volatile organic compound emissions during hot-pressing of southern pine particleboard : panel size effects and trade-off between press time and temperature

    Science.gov (United States)

    Wenlong Wang; Douglas J. Gardner; Melissa G.D. Baumann

    2002-01-01

    In previous research, it was shown that decreasing either press temperature or press time generally resulted in decreased volatile organic compound (VOC) emissions during the hot-pressing of southern pine particleboard. However, because it is impossible to reduce both pressing time and temperature while maintaining panel physical and mechanical properties, this study...

  18. Integrated dry NO{sub x}/SO{sub 2} emissions control system. Final report, Volume 1: Public design

    Energy Technology Data Exchange (ETDEWEB)

    Hunt, T.; Hanley, T.J.

    1997-11-01

    The U.S. Department of Energy (DOE)/Pittsburgh Energy Technology Center (PETC) and the Public Services Company of Colorado (PSCo) signed the cooperative agreement for the Integrated Dry NO{sub x}/SO{sub 2} Emissions Control System in March 1991. This project integrates various combinations of five existing and emerging technologies onto a 100 MWe, down-fired, load-following unit that burns pulverized coal. The project is expected to achieve up to 70% reductions in both oxides of nitrogen (NO{sub x}) and sulfur dioxide (SO{sub 2}) emissions. Various combinations of low-NO{sub x} burners (LNBs), overfire air (OFA) ports, selective non-catalytic reduction (SNCR), dry sorbent injection (DSI) using both calcium- and sodium-based reagents, and flue-gas humidification are expected to integrate synergistically and control both NO{sub x} and SO{sub 2} emissions better than if each technology were used alone. For instance, ammonia emissions from the SNCR system are expected to reduce NO{sub 2} emissions and allow the DSI system (sodium-based reagents) to achieve higher removals of SO{sub 2}. Unlike tangentially or wall-fired units, down-fired require substantial modification to their pressure parts to retrofit LNBs and OFA ports, substantially increasing the cost of retrofit. Conversely, the retrofitting of SNCR, DSI, or humidification systems does not require any major boiler modifications and are easily retrofitted to all boiler types. However, existing furnace geometry and flue-gas temperatures can limit their placement and effectiveness. In particular, SNCR requires injecting the SNCR chemicals into the furnace where the temperature is within a very narrow temperature range.

  19. Emission trading north - benefits for the economy and the environment. A pilot project of the Energy Foundation Schleswig-Holstein in co-operation with the Association of the Chambers of Industry and Commerce in Schleswig-Holstein and the Union of Employers' Associations in Hamburg and Schleswig-Holstein

    Energy Technology Data Exchange (ETDEWEB)

    Barzantny, Katja [Energiestiftung Schleswig-Holstein, Kiel (Germany); Hahn, Michael [ERM Lahmeyer Int. GmbH, Neu-Isenburg (Germany); Kruska, Martin [EUtech Energie plus Umwelt, Technik plus Management, Aachen (Germany); Klein, Michael [500 PPM Gesellschaft fuer Emissionshandel und Beratung mbH, Hannover (Germany)

    2003-07-01

    In co-operation with the Association of the Chambers of Industry and Commerce in Schleswig-Holstein and the Union of Employers' Associations in Hamburg and Schleswig-Holstein the Energy Foundation Schleswig-Holstein is carrying out the pilot project Emission Trading North. Its primary target is the regional application of the flexible mechanisms (ET, JI, CDM) together with the industry of Schleswig-Holstein. In detail, it focuses on capacity building on behalf of the different parties involved, a smooth transition to real ET and the positioning of the Energy Foundation in a future ET system. The project cycle consists of 3 phases (Phase 0: preparatory work; Phase 1: development of emission inventories, identification and evaluation of emission reduction measures; Phase 2: simulation of ET). Participating companies located in Schleswig-Holstein and Hamburg, representing the power sector, cement production, paper and pulp production, non-ferrous metals as well as the renewable energy sector, dealt with the central question of allocation of emission allowances. During in-depth energy analyses emission reduction measures were identified and evaluated with respect to their volume of emission reductions and related costs. Participating companies developed mid and long-term trading strategies taking into account investment cycles, project risks and market prices. The strategy was tested during a multi-period trading simulation. With respect to the national allocation plan, a central element of the future European emission trading system, the pilot project proposes consistent solutions relating to CHP, capacity limits, process emissions, fuel substitutes, new entrants and shut-down of installations.

  20. Final report of the project. Emission of nitrogen oxides by the soils. Measures, modelization, land registry and inventory. Impact on the air quality, the climatic change and the evaluation of possibilities of these emissions reduction; Rapport final du projet. Emissions d'oxydes d'azote par les sols. Mesures, modelisation, cadastre et inventaire. Impact sur la qualite de l'air, le changement climatique, et evaluation des gisements de reduction de ces emissions

    Energy Technology Data Exchange (ETDEWEB)

    Serca, D.; Cortinovis, J. [LA Laboratoire d' Aerologie UMR 5560, 31 - Toulouse (France); Laville, P.; Gabrielle, B. [Institut National de Recherches Agronomiques (INRA), Environnement et Grandes Cultures, 78 - Thiverval-Grignon (France); Beekmann, M.; Ravetta, F. [Universite Pierre et Marie Curie, SA Service d' Aeronomie, 75 - Paris (France); Henault, C. [Institut National de Recherches Agronomiques (INRA-LMS) UMR Microbiologie des Sols-Geosol, 21 - Dijon (France)

    2007-07-01

    This project deals with NOx biosphere-atmosphere exchanges, NOx being considered as an indirect greenhouse gases (tropospheric O{sub 3} precursor). It relies on four laboratory specialized both on the soil-plant-atmosphere interface, and on the atmospheric chemistry. Methodology used bear on a set of in situ and laboratory measurements aiming at improving existing emission parameterization, or building new ones for the agro-ecosystems encountered in France or Europe. In situ measurements allowed to study the emission phenology in relation with relevant environmental parameters (meteorological, soil characteristics, and agricultural). Laboratory measurements allowed to establish an emission algorithm related to the three main parameters, that is, soil temperature, water and ammonia content. This algorithm has been adapted and simplified to spatialize the emissions at the France level. This spatialization was performed using environmental parameters accessible through data base (ECMWF) or agricultural statistics (such as nitrogen inputs, land use, crops). Spatial and temporal extrapolation allowed reaching the main objective, that is, to build a national inventory for a reference year (2002). This inventory allowed determining the contribution of NOx emitted by soil as compared to total emitted NOx, and the proportion of NOx emitted by soil due to fertilizer use. Our study, based on 57% of the French used agricultural area, and extrapolated to the whole arable surface, shows that soils would be responsible of about 5% of the total NOx emissions. On these 5%, 20%, which finally is a rather low percentage, would be linked to fertilizer use. The impact of these emissions on the atmospheric chemistry has been evaluated using the CHIMERE chemistry-transport model. We found that NOx emissions from soil would be of minor importance when compared to the industrial emissions, being a factor of ten lower in France. As a matter of consequence, the impact of the emissions on the

  1. Cost of controlling directly emitted acidic emissions from major industrial sources. Final report, February 1985-August 1986

    Energy Technology Data Exchange (ETDEWEB)

    Emmel, T.E.; Waddell, J.T.; Adams, R.C.

    1988-07-01

    This report gives results of estimates, using a model-plant approach, of costs for retrofitting selected acidic-emission-control systems to utility and industrial boilers, Claus sulfur-recovery plants, catalytic-cracking units, primary copper smelters, coke-oven plants, primary aluminum smelters, and municipal solid-waste incinerators. Cost-effectiveness (defined as the unit annual cost for removing acidic materials) of each control system was calculated based on the anticipated performance of the system. If SO/sub 2/ is simultaneously emitted with the acidic materials, controls were selected that removed both SO/sub 2/ and the acidic materials. Cost-effectiveness was considerably better for the combined (SO/sub 2/ plus acidic material) removal systems. Because of a need for performance data on acidic-emissions-control systems, it would be desirable if research could be conducted on removing acid sulfates and nitrates by existing gaseous and particulate control systems.

  2. Nord Pool wants to be the leader in CO{sub 2}[Refers to trade with emission permits]; Nord Pool vill bli soerst paa CO{sub 2}

    Energy Technology Data Exchange (ETDEWEB)

    Wellander, Dag

    2004-07-01

    In the beginning of 2005 Nord Pool introduces standard contracts for European emission rights for carbon dioxide. It is currently too early to speak of a global market for emission rights for greenhouse gases. The problem is not the attitude of the U.S.A., as is often said, but what road is taken by the so-called third world. The acceptance of the Kyoto Protocol by the Russians means that the agreement will come into force in 2005. It is much more important, however, what is going to happen after the first implementation period 2008 - 2012. In that process those countries that strive for one car per household must also be engaged. In particular the giant nations China and India must join the agreement if it is to be a notable climatic agreement of global scope.

  3. Improved catalyst materials and emission control systems. CRADA final report for CRADA Number ORNL 92-0115

    Energy Technology Data Exchange (ETDEWEB)

    Kenik, E.A.; More, K.L.; Domingo, N.; Storey, J.M. [Oak Ridge National Lab., TN (United States); LaBarge, W.; Beckmeyer, R.F.; Theis, J.R. [Delphi Automotive Systems, Flint, MI (United States)

    1996-09-01

    The overall goal of this CRADA was the improvement of performance and/or development of alternate systems for conventional fuel, flex-fuel, and alternate fuel vehicles in order to meet stringent future emission standards. The objectives had three major thrusts: (1) the characterization of the structural and chemical evolution of the precious metals and washcoat during aging under bench flow reactor, engine dynamometer, and vehicle conditions; (2) the correlation of measured catalyst performance and degradation over time with details of microstructural changes under bench flow reactor and engine dynamometer conditions; and (3) the simulation and testing of an in-cylinder catalyst system to determine the effect on emissions of a single-cylinder engine. Catalyst formulations for both gasoline and natural gas applications were studied. The emission testing and structural characterization were performed on alternate formulations and processing variables in order to evaluate the relative conversion efficiency, lifetime, and stability. The aging parameters were correlated with the evolving structure and properties of the tested catalytic converters. A major portion of the second thrust area was the construction and validation of both the bench flow reactor and engine dynamometer test facility and the identification of deactivation/regeneration mechanisms associated with alternative fuels relative to those for conventional fuel. A number of microstructural changes were identified that could contribute to the deactivation of the catalyst during aging. The stability of several catalyst formulations and alternate processing procedures relative to these microstructural changes and changes in conversion efficiency and lifetime were studied.

  4. Final Report on Testing of Off-Gas Treatment Technologies for Abatement of Atmospheric Emissions of Chlorinated Volatile Organic Compounds

    Energy Technology Data Exchange (ETDEWEB)

    Jarosch, T.R.; Haselow, J.S.; Rossabi, J.; Burdick, S.A.; Raymond, R.; Young, J.E.; Lombard, K.H.

    1995-01-23

    The purpose of this report is to summarize the results of the program for off-gas treatment of atmospheric emissions of chlorinated volatile organic compounds (CVOCs), in particular trichloroethylene (TCE) and perchloroethylene (PCE). This program was funded through the Department of Energy Office of Technology Development`s VOC`s in Non-Arid Soils Integrated Demonstration (VNID). The off-gas treatment program was initiated after testing of in-situ air stripping with horizontal wells was completed (Looney et al., 1991). That successful test expectedly produced atmospheric emissions of CVOCs that were unabated. It was decided after that test that an off-gas treatment is an integral portion of remediation of CVOC contamination in groundwater and soil but also because several technologies were being developed across the United States to mitigate CVOC emissions. A single platform for testing off-gas treatment technologies would facilitate cost effective evaluation of the emerging technologies. Another motivation for the program is that many CVOCs will be regulated under the Clean Air Act Amendments of 1990 and are already regulated by many state regulatory programs. Additionally, compounds such as TCE and PCE are pervasive subsurface environmental contaminants, and, as a result, a small improvement in terms of abatement efficiency or cost will significantly reduce CVOC discharges to the environment as well as costs to United States government and industry.

  5. Weak gas treatment and landfill aeration. Possibilities of integration into the emissions trading; Schwachgasbehandlung und Deponiebelueftung. Moeglichkeiten zur Integration in den Emissionshandel

    Energy Technology Data Exchange (ETDEWEB)

    Rohn, Jan; Stegmann, Rainer; Heyer, K.U.; Hupe, K. [IFAS - Ingenieurbuero fuer Abfallwirtschaft, Prof. R. Stegmann und Partner, Hamburg (Germany); Ritzkowski, M. [TU Hamburg-Harburg, Hamburg (Germany). Inst. fuer Umwelttechnik; Blank, D.; Schnurr, J. [GFA Envest GmbH, Hamburg (Germany); Rosenkranz, G.; Unger, C. [DUH - Deutsche Umwelthilfe e.V., Berlin (Germany)

    2011-07-01

    In the next few decades, landfill gas still will be emitted from municipal solid waste landfills. Upon completion of an energetic gas use a long-term residual landfill gas treatment would be required in order to ensure a consistent avoidance of methane emissions into the atmosphere. Landfill operators want to perform a landfill aeration both as a climate protection measure and to improve the landfill behavior.

  6. Trading stages

    DEFF Research Database (Denmark)

    Steiner, Uli; Tuljapurkar, Shripad; Coulson, Tim

    2012-01-01

    Interest in stage-and age structured models has recently increased because they can describe quantitative traits such as size that are left out of age-only demography. Available methods for the analysis of effects of vital rates on lifespan in stage-structured models have not been widely applied ...... examples. Much of our approach relies on trading of time and mortality risk in one stage for time and risk in others. Our approach contributes to the new framework of the study of age- and stage-structured biodemography....

  7. Final Rule for Control of Air Pollution From New Motor Vehicles and New Motor Vehicle Engines; Non-Conformance Penalties for 2004 and later Model Year Emission Standards for Heavy-Duty Diesel Engines and Heavy-Duty Diesel Vehicles

    Science.gov (United States)

    Final Rule for Control of Air Pollution From New Motor Vehicles and New Motor Vehicle Engines; Non-Conformance Penalties for 2004 and later Model Year Emission Standards for Heavy-Duty Diesel Engines and Heavy-Duty Diesel Vehicles

  8. Anonymous electronic trading versus floor trading

    OpenAIRE

    Franke, Günter; Hess, Dieter

    1995-01-01

    This paper compares the attractiveness of floor trading and anonymous electronic trading systems. It is argued that in times of low information intensity the insight into the order book of the electronic trading system provides more valuable information than floor trading, but in times of high information intensity the reverse is true. Thus, the electronic system's market share in trading activity should decline in times of high information intensity. This hypothesis is tested by data on BUND...

  9. Review of Quantitative Monitoring Methodologies for Emissions Verification and Accounting for Carbon Dioxide Capture and Storage for California’s Greenhouse Gas Cap-and-Trade and Low-Carbon Fuel Standard Programs

    Energy Technology Data Exchange (ETDEWEB)

    Oldenburg, Curtis M. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Earth Sciences Division; Birkholzer, Jens T. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Earth Sciences Division

    2014-12-23

    The Cap-and-Trade and Low Carbon Fuel Standard (LCFS) programs being administered by the California Air Resources Board (CARB) include Carbon Dioxide Capture and Storage (CCS) as a potential means to reduce greenhouse gas (GHG) emissions. However, there is currently no universal standard approach that quantifies GHG emissions reductions for CCS and that is suitable for the quantitative needs of the Cap-and-Trade and LCFS programs. CCS involves emissions related to the capture (e.g., arising from increased energy needed to separate carbon dioxide (CO2) from a flue gas and compress it for transport), transport (e.g., by pipeline), and storage of CO2 (e.g., due to leakage to the atmosphere from geologic CO2 storage sites). In this project, we reviewed and compared monitoring, verification, and accounting (MVA) protocols for CCS from around the world by focusing on protocols specific to the geologic storage part of CCS. In addition to presenting the review of these protocols, we highlight in this report those storage-related MVA protocols that we believe are particularly appropriate for CCS in California. We find that none of the existing protocols is completely appropriate for California, but various elements of all of them could be adopted and/or augmented to develop a rigorous, defensible, and practical surface leakage MVA protocol for California. The key features of a suitable surface leakage MVA plan for California are that it: (1) informs and validates the leakage risk assessment, (2) specifies use of the most effective monitoring strategies while still being flexible enough to accommodate special or site-specific conditions, (3) quantifies stored CO2, and (4) offers defensible estimates of uncertainty in monitored properties. California’s surface leakage MVA protocol needs to be applicable to the main CO2 storage opportunities (in California and in other states with entities participating in California

  10. The Social Cost of Trading: Measuring the Increased Damages from Sulfur Dioxide Trading in the United States

    Science.gov (United States)

    Henry, David D., III; Muller, Nicholas Z.; Mendelsohn, Robert O.

    2011-01-01

    The sulfur dioxide (SO[subscript 2]) cap and trade program established in the 1990 Clean Air Act Amendments is celebrated for reducing abatement costs ($0.7 to $2.1 billion per year) by allowing emissions allowances to be traded. Unfortunately, places with high marginal costs also tend to have high marginal damages. Ton-for-ton trading reduces…

  11. Trade in mineral resources

    OpenAIRE

    Graham A. Davis

    2010-01-01

    This paper provides a review of current thinking on the economics of international trade in mineral resources. I first define what is meant by trade in mineral resources. I then discuss patterns of trade in mineral resources. The paper then moves on to the five topics requested by the World Trade Organization: theoretical and empirical literature on international trade in minerals; trade impacts of mineral abundance and the resource curse; the political economy of mineral trade in resource-ab...

  12. Testing of toxicology and emissions-sampling methodology for ocean incineration of hazardous wastes. Final report, January 1985-January 1986

    Energy Technology Data Exchange (ETDEWEB)

    Boehm, P.; Cooke, M.; Carr, S.; Piispanen, W.; Werme, C.

    1988-05-01

    This report addresses the development and testing of a system to expose marine organisms to hazardous-waste emissions in order to assess the potential toxicity of incinerator plumes at sea as they contact the marine environment through air-sea exchange and initial mixing. A sampling train was designed and tested at EPA's land-based hazardous-waste incinerator, using transformer oil as a waste feed. The incinerator was operated under conditions which would be appropriate for at-sea incinerators. The sampling train (Marine Incineration Biological Assessment Sampler--MIBAS) provides a sea-water sample containing a plume emission for the marine organisms testing. Five toxicity-test protocols were refined and/or developed for use in the program: (1) a sea-urchin fertilization test; (2) a chronic test using macroalgae Champia parvula; (3) a 7-day chronic test using growth and reproduction of the crustacean Mysidopsis bahia; (4) a 7-day growth and survival test with the fish Menidia beryllina; and (5) a 7-day life-cycle test using the archiannelid worm Dinophilus gyrocilatus. The results of applying these tests during a hazardous-waste burn are given.

  13. Carbon footprint of nations: a global, trade-linked analysis.

    Science.gov (United States)

    Hertwich, Edgar G; Peters, Glen P

    2009-08-15

    Processes causing greenhouse gas (GHG) emissions benefit humans by providing consumer goods and services. This benefit, and hence the responsibility for emissions, varies by purpose or consumption category and is unevenly distributed across and within countries. We quantify greenhouse gas emissions associated with the final consumption of goods and services for 73 nations and 14 aggregate world regions. We analyze the contribution of 8 categories: construction, shelter, food, clothing, mobility, manufactured products, services, and trade. National average per capita footprints vary from 1 tCO2e/y in African countries to approximately 30/y in Luxembourg and the United States. The expenditure elasticity is 0.57. The cross-national expenditure elasticity for just CO2, 0.81, corresponds remarkably well to the cross-sectional elasticities found within nations, suggesting a global relationship between expenditure and emissions that holds across several orders of magnitude difference. On the global level, 72% of greenhouse gas emissions are related to household consumption, 10% to government consumption, and 18% to investments. Food accounts for 20% of GHG emissions, operation and maintenance of residences is 19%, and mobility is 17%. Food and services are more important in developing countries, while mobility and manufactured goods rise fast with income and dominate in rich countries. The importance of public services and manufactured goods has not yet been sufficiently appreciated in policy. Policy priorities hence depend on development status and country-level characteristics.

  14. Analysis of NOx Budget Trading Program Units Brought into the CAIR NOx Ozone Season Trading Program

    Science.gov (United States)

    EPA analyzed the effect of having the large non-EGU units in the NBP and the CAIR NOX ozone season trading program and evaluated whether or not emissions from this group of units were reduced as a result of their inclusion in those trading programs.

  15. Broadening the benefits of trade: The Latin American trade network ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2011-07-13

    Jul 13, 2011 ... Competitors and their national governments argued that this practice gave Latin American companies an unfair competitive advantage. To offset this "subsidy," foreign governments frequently imposed a countervailing duty or tax on imports. This issue was finally dealt with during the Uruguay Round of trade ...

  16. Trade Liberalization and Optimal Environmental Policies in Vertical Related Markets

    Directory of Open Access Journals (Sweden)

    Yan-Shu Lin

    2012-12-01

    Full Text Available This paper establishes a symmetric two-country model with vertically related markets. In the downstream market, there is one firm in each country selling a homogeneous good, whose production generates pollution, to its home and the foreign markets a la Brander (1981. In the intermediate good market, there is also one upstream firm in each country, supplying the intermediate good only to its own country’s downstream market. The upstream firms can choose either price or quantity to maximize their profits. With this setting, the paper examines the optimal environmental policy and how it is affected by the tariff on the final good. It is found that, under free trade, the optimal final-good output with imperfect intermediate-good market will have the same output level as that with perfect intermediate-good market after imposing the optimal emission tax. The optimal environmental tax is smaller and the optimal environmental policy is less likely to be a green strategy under trade liberalization if the market structure in the intermediate good market is imperfect than perfect competition. On the other hand, the optimal environmental tax is necessarily higher if the upstream firm chooses price than quantity. Moreover, the optimal environmental policy is less likely to be a green strategy under trade liberalization if the upstream firms choose quantity than price to maximize their profits.

  17. Long-Term Hydrocarbon Trade Options for the Maghreb Region and Europe—Renewable Energy Based Synthetic Fuels for a Net Zero Emissions World

    Directory of Open Access Journals (Sweden)

    Mahdi Fasihi

    2017-02-01

    Full Text Available Concerns about climate change and increasing emission costs are drivers for new sources of fuels for Europe. Sustainable hydrocarbons can be produced synthetically by power-to-gas (PtG and power-to-liquids (PtL facilities, for sectors with low direct electrification such as aviation, heavy transportation and chemical industry. Hybrid PV–Wind power plants can harvest high solar and wind potentials of the Maghreb region to power these systems. This paper calculates the cost of these fuels for Europe, and presents a respective business case for the Maghreb region. Calculations are hourly resolved to find the least cost combination of technologies in a 0.45° × 0.45° spatial resolution. Results show that, for 7% weighted average cost of capital (WACC, renewable energy based synthetic natural gas (RE-SNG and RE-diesel can be produced in 2030 for a minimum cost of 76 €/MWhHHV (0.78 €/m3SNG and 88 €/MWhHHV (0.85 €/L, respectively. While in 2040, these production costs can drop to 66 €/MWhHHV (0.68 €/m3SNG and 83 €/MWhHHV (0.80 €/L, respectively. Considering access to a WACC of 5% in a de-risking project, oxygen sales and CO2 emissions costs, RE-diesel can reach fuel-parity at crude oil prices of 101 and 83 USD/bbl in 2030 and 2040, respectively. Thus, RE-synthetic fuels could be produced to answer fuel demand and remove environmental concerns in Europe at an affordable cost.

  18. 78 FR 69995 - Approval and Promulgation of Implementation Plans; State of Missouri; Restriction of Emission of...

    Science.gov (United States)

    2013-11-22

    ... From the Federal Register Online via the Government Publishing Office ENVIRONMENTAL PROTECTION... of Emission of Sulfur Compounds and Emissions Banking and Trading AGENCY: Environmental Protection... the Missouri rule ``Emissions Banking and Trading'' removes all definitions, as they are now included...

  19. Mitigation of atmospheric carbon emissions through increased energy efficiency versus increased non-carbon energy sources: A trade study using a simplified {open_quotes}market-free{close_quotes} exogenously driven model

    Energy Technology Data Exchange (ETDEWEB)

    Krakowski, R.A.

    1997-08-24

    A simplified model of global, long-term energy use is described and used to make a `top-level` comparison of two generic approaches for mitigating atmospheric carbon emissions: (a) those based on increased energy efficiency; and (b) those based on increased use of reduced- or non-carbon fuels. As approximate as is the model, first-order estimates of and trade offs between increasing non-carbon generation capacities (e.g., supply-side solutions) versus energy-use efficiency (e.g., demand-side solutions) to stem atmospheric carbon accumulations can be useful in guiding more elaborate models. At the level of this analysis, both the costs of abatement and the costs of damage can be large, with the formation of benefit-to-cost ratios as a means of assessment being limited by uncertainties associated with relating given climatic responses to greenhouse warming to aggregate damage cost, as well as uncertainties associated with procedures used for multi-generation discounting of both abatement and damage costs. In view of uncertainties associated with both supply-side and demand-side approaches, as well as the estimation of greenhouse-warming responses per se, a combination of solutions seems prudent. Key findings are: (a) the relative insensitivity of the benefit-to-cost ratio adopted in this study to supply-side versus demand-side approaches to abating atmospheric carbon-dioxide emissions; (b) the extreme sensitivity of damage costs, abatement costs, and the related benefit-to-cost ratios to the combination of discounting procedure and the (time) concavity of the function used to relate global temperature rise to damage costs; and (c) no matter the discounting procedure and/or functional relationship between average temperature rise and a damage cost, a goal of increased per-capita gross world product at minimum damage suggests action now rather than delay.

  20. Study on Electricity Purchase Optimization in Coordination of Electricity and Carbon Trading

    Science.gov (United States)

    Liu, Dunnan; Meng, Yaru; Zhang, Shuo

    2017-07-01

    With the establishment of carbon emissions trading market in China, the power industry has become an important part of the market participants. The power grid enterprises need to optimize their own strategies in the new environment of electricity market and carbon market coordination. First, the influence of electricity and carbon trading coordination on electricity purchase strategy for grid enterprises was analysed in the paper. Then a power purchase optimization model was presented, which used the minimum cost of low carbon, energy saving and environment protection as the goal, the power generation capacity, installed capacity and pollutant emission as the constraints. Finally, a provincial power grid was taken as an example to analyse the model, and the optimization order of power purchase was obtained, which provided a new idea for the low carbon development of power grid enterprises.

  1. The next step in Europe's climate action. Setting targets for 2030. Reviving the EU emissions trading system and bringing EU greenhouse gas emissions on a 2C track. Policy brief

    Energy Technology Data Exchange (ETDEWEB)

    Hoehne, N.; Gilbert, A.; Hagemann, M.; Fekete, H.; Lam, Long; De Vos, R. [Ecofys, Utrecht (Netherlands)

    2013-06-15

    This paper explains how setting 2030 targets will reinvigorate the ETS and will put EU emissions on track to limit global temperature increase below two degrees Celsius (2C). This paper describes four key findings for EU policymakers engaged in preparing EU energy and climate measures for 2030 and for the longer term. The European Commission estimates that by 2020, the companies participating in the ETS will have accumulated a surplus of 1.5 to 2.3 billion allowances, which may be banked and used beyond 2020. This is about the same size as the annual emissions budget of ETS companies (just below 2 billion tonnes). Applying equity principles to the global distribution of efforts in reaching the 2C goal, an indicative 'fair' EU contribution would be a reduction of EU greenhouse gas emissions by around 49% (median of a full range from 39 to 79%) by 2030 compared to 1990 levels. The 2030 targets can be set in a way to also accommodate the surplus expected until 2020. If the entire surplus of allowances from the ETS were to be used after 2020, the 2030 target has to become around 7 percentage points more stringent to compensate for that. Alternatively, the trajectory of the target from 2021 to 2030 could be set to compensate for the surplus. In addition, a more ambitious trajectory towards 2030 would cast its shadow on the mitigation in the period 2013-2020. It would strengthen the ETS, in conjunction with any other ETS recalibration options such as shifting the auctioning ('backloading') or cancelling allowances before 2020.

  2. International Emission Trading Systems: Trade Level and Political Acceptability

    DEFF Research Database (Denmark)

    Boom, J-T.; Svendsen, Gert Tinggaard

    1999-01-01

    and weaknesses of the two schemes are compared in a public choice setting which focuses on group size, selective incentives, entrepreneurship and lobbyism from industry. The result is threefold. First, the big countries (due to small group advantages) dominated the Kyoto negotiations. Second...... because governments will seek to favour them and gain competitive advantages, e.g. a country may buy permits for taxpayers' money and then redistribute permits to its industry. In this way redistribution takes place from non-organized to organized groups. So, taking political acceptability into account...

  3. Safe vs. Fair: A Formidable Trade-off in Tackling Climate Change

    Directory of Open Access Journals (Sweden)

    Robert Socolow

    2012-02-01

    Full Text Available Global warming requires a response characterized by forward-looking management of atmospheric carbon and respect for ethical principles. Both safety and fairness must be pursued, and there are severe trade-offs as these are intertwined by the limited headroom for additional atmospheric CO2 emissions. This paper provides a simple numerical mapping at the aggregated level of developed vs. developing countries in which safety and fairness are formulated in terms of cumulative emissions and cumulative per capita emissions respectively. It becomes evident that safety and fairness cannot be achieved simultaneously for strict definitions of both. The paper further posits potential global trading in future cumulative emissions budgets in a world where financial transactions compensate for physical emissions: the safe vs. fair tradeoff is less severe but remains formidable. Finally, we explore very large deployment of engineered carbon sinks and show that roughly 1,000 Gt CO2 of cumulative negative emissions over the century are required to have a significant effect, a remarkable scale of deployment. We also identify the unexplored issue of how such sinks might be treated in sub-global carbon accounting.

  4. Entropy of international trades

    Science.gov (United States)

    Oh, Chang-Young; Lee, D.-S.

    2017-05-01

    The organization of international trades is highly complex under the collective efforts towards economic profits of participating countries given inhomogeneous resources for production. Considering the trade flux as the probability of exporting a product from a country to another, we evaluate the entropy of the world trades in the period 1950-2000. The trade entropy has increased with time, and we show that it is mainly due to the extension of trade partnership. For a given number of trade partners, the mean trade entropy is about 60% of the maximum possible entropy, independent of time, which can be regarded as a characteristic of the trade fluxes' heterogeneity and is shown to be derived from the scaling and functional behaviors of the universal trade-flux distribution. The correlation and time evolution of the individual countries' gross-domestic products and the number of trade partners show that most countries achieved their economic growth partly by extending their trade relationship.

  5. The project-related mechanisms of the Kyoto protocol. Clean Development Mechanism and Joint Implementation. Integration in the European emission trading system and national implementation; Die projektbezogenen Mechanismen des Kyoto-Protokolls. Clean Development Mechanism und Joint Implementation. Einbeziehung in das europaeische Emissionshandelssystem und nationale Umsetzung

    Energy Technology Data Exchange (ETDEWEB)

    Stratmann, Anne

    2011-07-01

    The publication discusses the legal effects of the project-related mechanisms of the Kyoto Protocol, i.e. the Clean Development Mechanism and the Joint Implementation, on the international and European emission trading systems. The first part describes the foundations of the mechanisms in international law and then proceeds to outline some critical aspects. The second part discusses the integration of the project-related mechanisms of the Kyoto protocol in the European emission trading system. After a general outline, the weak points resulting from the combination of the different systems are presented. The third part contains an analysis of implementation in national (German) law, in particular the Projekt-Mechanismen-Gesetz (ProMechG, Project Mechanism Act).

  6. Free trade or just trade? The World Trade Organisation, human ...

    African Journals Online (AJOL)

    The author assesses these claims from a human rights perspective and explores the relationship between trade, human rights and development. The article sketches the history and functions of the WTO, discusses the linkages between trade liberalisation, human rights and development, and assesses the human rights ...

  7. The NOx Budget Trading Program: A Collaborative, Innovative Approach to Solving a Regional Air Pollution Problem

    Science.gov (United States)

    This article examines the development and implementation of the NOx Budget Trading Program (NBP) and the lessons the Environmental Protection Agency has learned from this seasonal emissions cap-and-trade program.

  8. Additional profits of selected German companies and economic sectors within the EU emission trading system. Analysis for the period from 2005 to 2012; Zusatzertraege von ausgewaehlten deutschen Unternehmen und Branchen im Rahmen des EU-Emissionshandelssystems. Analyse fuer den Zeitraum 2005-2012

    Energy Technology Data Exchange (ETDEWEB)

    Matthes, Felix C.; Gores, Sabine; Hermann, Hauke

    2011-05-15

    The first two trading periods of the EU Emissions Trading Scheme (EU ETS) included extensive free allocation of emission allowances. Since in electricity production the carbon price is passed on - in an economically rational way - to the electricity price, the utility companies were able to reap substantial additional revenue, a significant amount of which result from the free allocation of emission allowances. Taking into account the nuclear fuel tax (introduced in Germany since 2011) which also aims to absorb additional revenue from the EU ETS, the additional revenue for utility companies from the first and second trading periods of the EU ETS considered in this paper are estimated to amount to Euro 38 billion (without nuclear fuel tax) or approx. Euro 35.6 billion (with nuclear fuel tax). The following results arise for the utilities under consideration in the period from 2005 to 2012: - For E.ON the additional revenue amounts to approx. Euro 13.4 billion (without nuclear fuel tax) or Euro 12.3 billion (with nuclear fuel tax); - For RWE the additional revenue amounts to approx. Euro 10.3 billion (without nuclear fuel tax) or Euro 9.6 billion (with nuclear fuel tax); - For Vattenfall Europe the additional revenue amounts to approx. Euro 5.7 billion, the consideration of the nuclear fuel tax causes only marginal changes because of the non-operational nuclear power plants Krummel and Brunsbuttel; - For EnBW the additional revenue amounts to approx. Euro 6.4 billion (without nuclear fuel tax) or Euro 5.9 billion (with nuclear fuel tax); - For Evonik the additional revenue remains unchanged by the introduction of the nuclear fuel tax and amounts to approx. Euro 2.1 billion for the period from 2005 to 2012. In the first two trading periods the free allocation of emission allowances to plants of energy-intensive industry which are outside of the electricity production sector and covered by the EU ETS sometimes substantially exceeded the emission levels of these plants

  9. The Effect of International Trade on Rule of Law

    Directory of Open Access Journals (Sweden)

    Junsok Yang

    2013-03-01

    Full Text Available In this paper, we look at the relationship between international trade and the rule of law, using the World Justice Project Rule of Law Index, which include index figures on human rights, limits on government powers, transparency and regulatory efficiency. Based on regression analyses using the rule of law index figures and international trade figures (merchandise trade, service trade, exports and importsIn this paper, we look at the relationship between international trade and the rule of law, using the World Justice Project Rule of Law Index, which include index figures on human rights, limits on government powers, transparency and regulatory efficiency. Based on regression analyses using the rule of law index figures and international trade figures (merchandise trade, service trade, exports and imports as percentage of GDP, international trade and basic human rights seem to have little relationship; but trade has a close positive relationship with strong order and security. Somewhat surprisingly, regulatory transparency and effective implementation seems to have little or no effect on international trade and vice versa. International trade shows a clear positive relationship with the country’s criminal justice system, but the relationship with the civil justice system is not as clear as such. For regulatory implementation and civil justice, services trade positively affect these institutions, but these institutions in turn affect exports more strongly than services trade. Finally, the effect of trade on rule of law is stronger on a medium to long term (10-20 year time horizon.

  10. Expanding Trade within Africa: The Impact of Trade Facilitation

    OpenAIRE

    Njinkeu, Dominique; S. Wilson, John; Powo Fosso, Bruno

    2008-01-01

    This paper examines the impact of trade facilitation on intra-African trade. The authors examine the role of trade facilitation reforms, such as increased port efficiency, improved customs, and regulatory environments, and upgrading services infrastructure on trade between African countries. They also consider how regional trade agreements relate to intra-African trade flows. Using trade d...

  11. A plan to reduce volatile organic compound emissions from consumer products in Canada (excluding windshield washer fluid and surface coatings) : final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-12-01

    This report highlights the recommendations made by the Canadian Council of Ministers of the Environment for the development of a guideline to provide a means by which to reduce (VOC) emissions from consumer products (excluding windshield washer fluid and surface coatings) in Canada. VOCs and nitrogen oxides react photochemically in the presence of sunlight to create ground-level ozone, a primary component of urban smog which has a detrimental effect on human health, agricultural crops and building materials. In recent years, most urban areas of Canada have shown an annual increase in the maximum acceptable air quality levels for ground level ozone. Reducing emissions of volatile organic compounds (VOCs) from consumer products was first suggested in 1990 by the Canadian Council of Ministers of the Environment in phase one of their program entitled the 'Management plan for nitrogen oxides and volatile organic compounds'. Phase 2 of the program was implemented in 1997 to harmonize the emissions reduction program with the United States Environmental Protection Agency regulations. The Canadian Environmental Protection Agency (CEPA) recommended the following control options: (1) a CEPA guideline should be developed which states the maximum VOC and high-volatility organic compound (HVOC) content in Canadian consumer products including hair care products, herbicides, insecticides, air fresheners, deodorants, fungicides, surface cleaners, fragrance products, anti-microbial agents, laundry products and automotive detailing products. These limits should be identical to those found in the 1998 U.S. Final Rule for Consumer Products, (2) the CEPA guideline should require that records specifying VOC content in weight-per cent be maintained for a period of three years, (3) the CEPA guideline should include a declaration procedure for Canadian importers and manufacturers of consumer products to report to Environment Canada regarding the VOC content of their products, and

  12. Stirling engine feasibility study of an 80 to 100 hp engine and of improvement potential for emissions and fuel economy. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1977-11-01

    A study was made to evaluate the potential of a Stirling engine for significant improvement in emissions and fuel economy over the present-day internal combustion engine and to initiate, on the basis of the experience gained in the Ford/Philips 170 hp Stirling engine development program, the design of an engine in the 80 to 100 hp range suitable for use in a passenger car in the 2,500 to 3,000 lb weight class. The final report given covers two major tasks. Task I was the Contractor-financed testing of a 170 hp Stirling engine powered Torino passenger vehicle. The fuel economy of the 170 hp Stirling engine-powered Torino approximates that of similar 1977 model year production passenger vehicles in a comparable weight class, with comparable performance. Emissions meet the objective of 0.41/3.4/0.4 grams per mile (HC/CO/NO/sub x/). Task II was a design study of an 80 to 100 hp engine in a passenger car in the 2,500 to 3000 lb weight class based on the 170 hp Torino installation. The baseline vehicle selected for comparison purposes is a 1976 Pinto with a 2.3 liter 4-cylinder engine. The engine is rated 84 hp, with 4 double-acting cylinders, each of 98 cc displacement (4 to 98), and utilizes a swashplate drive. The swashplate Stirling engines did not package well in the compact car. Despite optimization of the engine to achieve minimum length, the Stirling powered compact car was 89 mm (3.5 inches) longer than its Pinto baseline. Fuel economy of the swashplate engine was adversely affected by attempts to fit it within the Pinto engine compartment. The 4 cylinder-dual crankshaft Stirling engine resulted in a very attractive vehicle. The engine packaged within the confines of the Pinto engine compartment. However, the packageable engine did not incorporate the rotary preheater as used on the swashplate engine. Emissions and noise level objectives could be met.

  13. Effects of high energy prices on scenarios for greenhouse gas emissions. Final report; Energiepreise und Klimaschutz. Wirkung hoher Energietraegerpreise auf die CO{sub 2}-Emissionsminderung bis 2030. Abschlussbericht

    Energy Technology Data Exchange (ETDEWEB)

    Matthes, Felix Christian; Graichen, Verena; Harthan, Ralph O.; Repenning, Julia [Oeko-Institut, Berlin (Germany); Horn, Manfred [DIW Berlin (Germany); Krey, Volker; Markewitz, Peter; Martinsen, Dag [Forschungszentrum Juelich (Germany). Programmgruppe STE

    2008-05-15

    Against the background of high increases in the prices of the primary energy carriers crude oil, natural gas and hard coal, which are traded on international markets, three scenarios of the price development of the most important energy carriers are developed. Using energy price assumptions, a scenario analysis is undertaken with regard to the development of CO{sub 2} emissions in Germany as a whole as well as in terms of the different energy sectors. The emission scenarios are analysed with respect to the electricity industry in Germany using both IKARUS, the energy system model geared towards macroeconomic optimisation, and ELIAS, the sector model based on microeconomic considerations. The model analyses are supplemented by an overview of literature with regard to similar model analyses. (orig.)

  14. Redirecting International Trade

    DEFF Research Database (Denmark)

    Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

    2014-01-01

    The global financial crisis has contributed to the redirection of trade towards new markets outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift, based...... on Swedish firm-level trade data. Results suggest that weak institutions hamper trade and reduce the length of trade relations, especially for small firms. Trade in industries that are characterized by a high frequency of trade conflicts and where transactions require extensive relationship......-specific investments are particularly difficult to redirect towards markets with weak institutions....

  15. Redirecting International Trade

    DEFF Research Database (Denmark)

    Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

    The global financial crisis has accelerated the redirection of trade towards new markets, outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift. Results...... suggest that weak institutions hamper trade and reduces the length of trade relations, especially for small firms. Furthermore, trade in industries that are characterized by a high degree of trade conflicts and that requires extensive relationship specific investments for trade to occur are comparatively...... difficult to redirect towards markets with weak institutions....

  16. Reconfiguring trade mark law

    DEFF Research Database (Denmark)

    Elsmore, Matthew James

    2013-01-01

    First, this article argues that trade mark law should be approached in a supplementary way, called reconfiguration. Second, the article investigates such a reconfiguration of trade mark law by exploring the interplay of trade marks and service transactions in the Single Market, in the cross......-border setting, with a particular focus on small business and consumers. The article's overall message is to call for a rethink of received wisdom suggesting that trade marks are effective trade-enabling devices. The case is made for reassessing how we think about European trade mark law....

  17. 121 | Page WORLD TRADE ORGANISATION (WTO): TRADE ...

    African Journals Online (AJOL)

    Fr. Ikenga

    of the current rules of WTO that reinforce the disadvantages faced by developing economies. This essay deals with these unfair trade rules and disadvantages inherent in the World Trade Organization (WTO) system by .... also expand their exports given the comparative advantage they have in respect of those national ...

  18. Advancing Understanding of Emissions from Oil and Natural Gas Production Operations to Support EPA’s Air Quality Modeling of Ozone Non-Attainment Areas; Final Summary Report

    Science.gov (United States)

    Executive Summary Environmentally responsible development of oil and gas assets requires well-developed emissions inventories and measurement techniques to verify emissions and the effectiveness of control strategies. To accurately model the oil and gas sector impacts on air qual...

  19. Trading biomass or GHG emission credits?

    NARCIS (Netherlands)

    Laurijssen, J|info:eu-repo/dai/nl/304840629; Faaij, A.P.C.|info:eu-repo/dai/nl/10685903X

    2009-01-01

    Global biomass potentials are considerable but unequally distributed over the world. Countries with Kyoto targets could import biomass to substitute for fossil fuels or invest in bio-energy projects in the country of biomass origin and buy the credits (Clean Development Mechanism (CDM) and Joint

  20. Trade Facilitation in Ethiopia:

    African Journals Online (AJOL)

    Tilahun_EK

    Italy. LL.M (Business Law) Addis Ababa .... section identifies the main trade facilitation challenges in Ethiopia that are mostly within customs law. ... Various international and regional organizations define trade facilitation according to their mandate ...

  1. Trade and insecure resources

    National Research Council Canada - National Science Library

    Garfinkel, Michelle R; Skaperdas, Stergios; Syropoulos, Constantinos

    2015-01-01

    .... Depending on world prices, free trade can intensify arming to such an extent that the additional security costs it brings swamp the traditional gains from trade and thus render autarky more desirable...

  2. Trade Agreements PTI

    Data.gov (United States)

    Department of Homeland Security — The objective of the Trade Agreements PTI is to advance CBP’s mission by working with internal and external stakeholders to facilitate legitimate trade and address...

  3. Trade in goods

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2006-01-01

    An analysis of the rules governing trade in goods under the GATT agreement and the Agreement on Safeguards......An analysis of the rules governing trade in goods under the GATT agreement and the Agreement on Safeguards...

  4. Climate policy and dependence on traded carbon

    Science.gov (United States)

    Andrew, Robbie M.; Davis, Steven J.; Peters, Glen P.

    2013-09-01

    A growing number of countries regulate carbon dioxide (CO2) emissions occurring within their borders, but due to rapid growth in international trade, the products consumed in many of the same countries increasingly rely on coal, oil and gas extracted and burned in other countries where CO2 is not regulated. As a consequence, existing national and regional climate policies may be growing less effective every year. Furthermore, countries that are dependent on imported products or fossil fuels are more exposed to energy and climate policies in other countries. We show that the combined international trade in carbon (as fossil fuels and also embodied in products) increased from 12.3 GtCO2 (55% of global emissions) in 1997 to 17.6 GtCO2 (60%) in 2007 (growing at 3.7% yr-1). Within this, trade in fossil fuels was larger (10.8 GtCO2 in 2007) than trade in embodied carbon (6.9 GtCO2), but the latter grew faster (4.6% yr-1 compared with 3.1% yr-1 for fuels). Most major economies demonstrate increased dependence on traded carbon, either as exports or as imports. Because energy is increasingly embodied in internationally traded products, both as fossil fuels and as products, energy and climate policies in other countries may weaken domestic climate policy via carbon leakage and mask energy security issues.

  5. Stochastic Trade Networks

    OpenAIRE

    Massimo Riccaboni; Stefano Schiavo

    2013-01-01

    This paper develops a simple network model to describe the dynamic of the intensive and extensive margin of international trade flows. The result is achieved by means of the combination of two mechanisms of proportional growth: the first (discrete) determines the formation of trade links, the second (continuous) governs trade intensity. We show that our setup is able to simultaneously match a large number of empirical regularities, such as the fraction of zero trade flows across pairs of coun...

  6. Trade, development and sustainability

    DEFF Research Database (Denmark)

    Røpke, Inge

    1994-01-01

    Mainstream economic theory argues that trade, and especially free trade, is beneficial to everyone involved. This fundamental idea ? which has the character of a dogma ? still plays an important role in international discussions on trade issues, notably in relation to development and environment....

  7. Banking and Trading

    NARCIS (Netherlands)

    Boot, A.W.A.; Ratnovski, L.

    2016-01-01

    We study the interaction between relationship banking and short-term arm’s length activities of banks, called trading. We show that a bank can use the franchise value of its relationships to expand the scale of trading, but may allocate too much capital to trading ex post , compromising its ability

  8. Individual Attitudes Towards Trade

    DEFF Research Database (Denmark)

    Jäkel, Ina Charlotte; Smolka, Marcel

    2013-01-01

    Using the 2007 wave of the Pew Global Attitudes Project, this paper finds statistically significant and economically large Stolper-Samuelson effects in individuals’ preference formation towards trade policy. High-skilled individuals are substantially more pro-trade than low-skilled individuals......-Ohlin model in shaping free trade attitudes, relative to existing literature....

  9. Optimizing the scale of markets for water quality trading

    Science.gov (United States)

    Doyle, Martin W.; Patterson, Lauren A.; Chen, Yanyou; Schnier, Kurt E.; Yates, Andrew J.

    2014-09-01

    Applying market approaches to environmental regulations requires establishing a spatial scale for trading. Spatially large markets usually increase opportunities for abatement cost savings but increase the potential for pollution damages (hot spots), vice versa for spatially small markets. We develop a coupled hydrologic-economic modeling approach for application to point source emissions trading by a large number of sources and apply this approach to the wastewater treatment plants (WWTPs) within the watershed of the second largest estuary in the U.S. We consider two different administrative structures that govern the trade of emission permits: one-for-one trading (the number of permits required for each unit of emission is the same for every WWTP) and trading ratios (the number of permits required for each unit of emissions varies across WWTP). Results show that water quality regulators should allow trading to occur at the river basin scale as an appropriate first-step policy, as is being done in a limited number of cases via compliance associations. Larger spatial scales may be needed under conditions of increased abatement costs. The optimal scale of the market is generally the same regardless of whether one-for-one trading or trading ratios are employed.

  10. International carbon trade with constrained allowance choices

    NARCIS (Netherlands)

    Yu, S.; Weikard, H.P.; Zhu, X.; Ierland, van E.C.

    2017-01-01

    International carbon markets are advocated in order to involve more countries in an agreement for the mitigation of greenhouse gas emissions and to reduce the costs of mitigation. In this paper we develop a model where allowances are endogenously determined by each member of a carbon trade

  11. Global Electricity Trade Network: Structures and Implications

    Science.gov (United States)

    Ji, Ling; Jia, Xiaoping; Chiu, Anthony S. F.; Xu, Ming

    2016-01-01

    Nations increasingly trade electricity, and understanding the structure of the global power grid can help identify nations that are critical for its reliability. This study examines the global grid as a network with nations as nodes and international electricity trade as links. We analyze the structure of the global electricity trade network and find that the network consists of four sub-networks, and provide a detailed analysis of the largest network, Eurasia. Russia, China, Ukraine, and Azerbaijan have high betweenness measures in the Eurasian sub-network, indicating the degrees of centrality of the positions they hold. The analysis reveals that the Eurasian sub-network consists of seven communities based on the network structure. We find that the communities do not fully align with geographical proximity, and that the present international electricity trade in the Eurasian sub-network causes an approximately 11 million additional tons of CO2 emissions. PMID:27504825

  12. Global Electricity Trade Network: Structures and Implications.

    Science.gov (United States)

    Ji, Ling; Jia, Xiaoping; Chiu, Anthony S F; Xu, Ming

    2016-01-01

    Nations increasingly trade electricity, and understanding the structure of the global power grid can help identify nations that are critical for its reliability. This study examines the global grid as a network with nations as nodes and international electricity trade as links. We analyze the structure of the global electricity trade network and find that the network consists of four sub-networks, and provide a detailed analysis of the largest network, Eurasia. Russia, China, Ukraine, and Azerbaijan have high betweenness measures in the Eurasian sub-network, indicating the degrees of centrality of the positions they hold. The analysis reveals that the Eurasian sub-network consists of seven communities based on the network structure. We find that the communities do not fully align with geographical proximity, and that the present international electricity trade in the Eurasian sub-network causes an approximately 11 million additional tons of CO2 emissions.

  13. Virtual water flows and trade liberalization.

    Science.gov (United States)

    Ramirez-Vallejo, J; Rogers, P

    2004-01-01

    The linkages between agricultural trade and water resources need to be identified and analyzed to better understand the potential impacts that a full liberalization, or lack thereof, will have on water resources. This paper examines trade of virtual water embodied in agricultural products for most countries of the world. The main purpose of the paper, however, is to examine the impact of trade liberalization on virtual-water trade in the future. Based on a simulation of global agricultural trade, a scenario of full liberalization of agriculture was used to assess the net effect of virtual water flows from the relocation of meat and cereals' trade. The paper also identifies the main reasons behind the changes in the magnitude and direction of the net virtual water trade over time, and shows that virtual water trade flows are independent of water resource endowments, contrary to what the Heckscher-Ohlin Theorem states. Finally, based on a formal model, some input demand functions at the country level are estimated. The estimates of the income and agricultural support elasticities of demand for import of virtual water have the expected sign, and are statistically significant. Variables found to have some explanatory power of the variance of virtual water imports are average income; population; agriculture as value added; irrigated area, and exports of goods and services.

  14. Analysis of influence mechanism of energy-related carbon emissions in Guangdong: evidence from regional China based on the input-output and structural decomposition analysis.

    Science.gov (United States)

    Wang, Changjian; Wang, Fei; Zhang, Xinlin; Deng, Haijun

    2017-11-01

    It is important to analyze the influence mechanism of energy-related carbon emissions from a regional perspective to effectively achieve reductions in energy consumption and carbon emissions in China. Based on the "energy-economy-carbon emissions" hybrid input-output analysis framework, this study conducted structural decomposition analysis (SDA) on carbon emissions influencing factors in Guangdong Province. Systems-based examination of direct and indirect drivers for regional emission is presented. (1) Direct effects analysis of influencing factors indicated that the main driving factors of increasing carbon emissions were economic and population growth. Carbon emission intensity was the main contributing factor restraining carbon emissions growth. (2) Indirect effects analysis of influencing factors showed that international and interprovincial trades significantly affected the total carbon emissions. (3) Analysis of the effects of different final demands on the carbon emissions of industrial sector indicated that the increase in carbon emission arising from international and interprovincial trades is mainly concentrated in energy- and carbon-intensive industries. (4) Guangdong had to compromise a certain amount of carbon emissions during the development of its export-oriented economy because of industry transfer arising from the economic globalization, thereby pointing to the existence of the "carbon leakage" problem. At the same time, interprovincial export and import resulted in Guangdong transferring a part of its carbon emissions to other provinces, thereby leading to the occurrence of "carbon transfer."

  15. Multi-regional input-output analysis for China's regional CH4 emissions

    Science.gov (United States)

    Zhang, Bo; Li, Jiashuo; Peng, Beihua

    2014-03-01

    China is the largest CH4 emitter in the world. Given the importance of CH4 in greenhouse gas emission inventories, the characteristics of China's CH4 emissions at different scales deserve to be fully understood. Presented in this paper is an interprovincial input-output embodiment analysis of China's regional CH4 emissions in 2007, based on the most recently available multi-regional input-output table, and relevant CH4 emissions data. The results show that the eastern, central and western areas contribute to 48.2%, 28.6%, and 23.3% of the national total embodied emissions, respectively. Guangdong has the highest level of embodied CH4 emissions among all of the 30 regions. The Agriculture sector produces the most embodied CH4 emissions in final demand, followed by the Construction, Food Production and Tobacco Processing, and Other Service Activities sectors. Significant net transfers of embodied CH4 emission flows are identified from the central and western areas to the eastern area via interregional trade. Shanxi is the largest interregional exporter of embodied CH4 emissions. In contrast, Guangdong is the largest interregional importer. Energy activities, agricultural activities, and waste management comprise 65.6%, 30.7%, and 3.7% of the total embodied CH4 emissions in interregional trade, respectively. By using consumption-based accounting principles, the emission magnitudes, per capita emissions, and emission intensities of most eastern regions increase remarkably, while those of some central and western regions decrease largely. To achieve regional CH4 emission mitigation, comprehensive mitigation measures should be designed under consideration of regional transfer of emission responsibility.

  16. Federal NOx Budget Trading Program and CAIR NOx and SO2 Trading Programs (40 CFR Part 97)

    Science.gov (United States)

    This part establishes general provisions and the applicability, permitting, allowance, excess emissions, monitoring, and opt-in provisions for the federal NOx Budget Trading Program as a means of mitigating interstate transport of ozone and nitrogen oxides

  17. 40 CFR 1054.715 - How do I bank emission credits?

    Science.gov (United States)

    2010-07-01

    ... Averaging, Banking, and Trading for Certification § 1054.715 How do I bank emission credits? (a) Banking is... future model years for averaging or trading. You may use banked emission credits only within the...

  18. External trade development in 2010

    OpenAIRE

    Český statistický úřad

    2011-01-01

    Analysis of the external trade development of the CR in total (turnover, export, import, trade balance). Main factors, which influence the external trade development. Territorial structure (by main blocks and selected countries) and commodity structure (by SITC, rev. 4) of the external trade. Comparisons of the CR external trade development with the external trade development of the other member states of the EU.

  19. Corridors of trade and power

    DEFF Research Database (Denmark)

    Hagmann, Tobias; Stepputat, Finn

    business between 1991 and today: from the heavily informalised economy of the 1980s, the violent markets of the early 1990s and the subsequent ‘duty-free shop’ period, to the emergence of a more regulated economy with a significant development of multi-clan shareholder companies since the mid-2000s....... In doing so, this paper offers numerous empirical and analytical insights into the relationship between trade, violence and regulation. With ongoing and future research on this topic in mind, we suggest a series of research questions and conceptualise the nexus between everyday economic activities...... and state formation dynamics. Finally, we propose a ‘corridor approach’, focussing on transnational corridors of trade and transport that traverse Somali East Africa, as a way of grasping the complex and dynamic interactions between state formation and everyday economic activity....

  20. Iron and steel foundries manual emissions testing of cupola baghouse at Waupaca Foundry in Tell City, Indiana: Volume 1 -- Report text and appendices A and B. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Meadows, F.; Scheffel, D.F.

    1999-06-01

    The US Environmental Protection Agency (EPA) Emission Standards Division (ESD) is investigating iron and steel foundries to identify and quantify hazardous air pollutants (HAPs) emitted from cupolas; electric arc furnaces; and pouring, cooling and shakedown operations of sand mold casting processes. The Waupaca Foundry, located in Tell City, Indiana, uses a baghouse and was the subject of this test program. Testing at the Waupaca Foundry was conducted by two EMAD contractors to address the following ESD requirements: (1) characterize HAP emissions from cupolas that are controlled by baghouses; (2) characterize uncontrolled HAP emissions from pouring, cooling, and shakeout (PCS) processes; (3) determine baghouse performance in controlling HAP emissions from cupolas; and (4) identify surrogates for estimating HAP emissions from the subject foundry processes.

  1. 76 FR 18521 - Aluminum Extrusions From the People's Republic of China: Final Affirmative Countervailing Duty...

    Science.gov (United States)

    2011-04-04

    .... \\1\\ Petitioners are the Aluminum Extrusion Fair Trade Committee: Aerolite Extrusion Company... International Trade Administration Aluminum Extrusions From the People's Republic of China: Final Affirmative Countervailing Duty Determination AGENCY: Import Administration, International Trade Administration, Department...

  2. 77 FR 54900 - Aluminum Extrusions From the People's Republic of China: Final Results of Changed Circumstances...

    Science.gov (United States)

    2012-09-06

    ... Guangdong Zhongya. The petitioner in this proceeding, Aluminum Extrusions Fair Trade Committee, did not... International Trade Administration Aluminum Extrusions From the People's Republic of China: Final Results of Changed Circumstances Review AGENCY: Import Administration, International Trade Administration, Department...

  3. 78 FR 58283 - Hardwood and Decorative Plywood from the People's Republic of China: Final Affirmative...

    Science.gov (United States)

    2013-09-23

    ... this investigation are the Coalition for Fair Trade of Hardwood Plywood (Petitioners). In addition to... International Trade Administration Hardwood and Decorative Plywood from the People's Republic of China: Final Affirmative Countervailing Duty Determination; 2011 AGENCY: Import Administration, International Trade...

  4. Embodiment Analysis for Greenhouse Gas Emissions by Chinese Economy Based on Global Thermodynamic Potentials

    Directory of Open Access Journals (Sweden)

    Lijie Wang

    2011-11-01

    Full Text Available This paper considers the Global Thermodynamic Potential (GTP indicator to perform a unified assessment of greenhouse gas (GHG emissions, and to systematically reveal the emission embodiment in the production, consumption, and international trade of the Chinese economy in 2007 as the most recent year available with input-output table and updated inventory data. The results show that the estimated total direct GHG emissions by the Chinese economy in 2007 amount to 10,657.5 Mt CO2-eq by the GTPs with 40.6% from CH4 emissions in magnitude of the same importance as CO2 emissions. The five sectors of Electric Power/Steam and Hot Water Production and Supply, Smelting and Pressing of Ferrous and Nonferrous Metals, Nonmetal Mineral Products, Agriculture, and Coal Mining and Dressing, are responsible for 83.3% of the total GHG emissions with different emission structures. The demands of coal and coal-electricity determine the structure of emission embodiment to an essential extent. The Construction sector holds the top GHG emissions embodied in both domestic production and domestic consumption. The GHG emission embodied in gross capital formation is more than those in other components of final demand characterized by extensive investment and limited household consumption. China is a net exporter of embodied GHG emissions, with a remarkable share of direct emission induced by international trade, such as textile products, industrial raw materials, and primary machinery and equipment products exports. The fractions of CH4 in the component of embodied GHG emissions in the final demand are much greater than those fractions calculated by the Global Warming Potentials, which highlight the importance of CH4 emissions for the case of China and indicate the essential effect of CH4 emissions on global climate change. To understand the full context to achieve GHG emission mitigation, this study provides a new insight to address China’s GHG emissions status and

  5. Incorporating Wind Generation in Cap and Trade Programs

    Energy Technology Data Exchange (ETDEWEB)

    Bluestein, J.; Salerno, E.; Bird, L.; Vimmerstedt, L.

    2006-07-01

    Cap and trade programs are increasingly being used to reduce emissions from electricity generation in the United States. Cap and trade programs primarily target emitting generators, but programs have also included renewable generators, such as wind generators. States cite several reasons why they have considered the policy option of including renewable generators in cap and trade programs: to provide an incentive for lower-emitting generation, to achieve emissions reductions in non-capped pollutants, and to gain local economic benefits associated with renewable energy projects. The U.S. Environmental Protection Agency also notes these rationales for considering this policy alternative, and the National Association of Regulatory Commissioners (NARUC) passed a resolution supporting the inclusion of renewable energy in cap and trade programs. This report explores why states consider this policy option, what participation could mean for wind generators, and how wind generation can most effectively be included in state, federal, and regional cap and trade programs.

  6. Focal points 2010. Mobility with future - correct investment today. Environmental protection - investment restraint for agriculture? Engine for the climate policy: emission trading; Schwerpunkte 2010. Mobilitaet mit Zukunft - heute richtig investieren. Umweltschutz - Investitionshemmnis fuer die Landwirtschaft? Motor fuer die Klimapolitik: Der Emissionshandel

    Energy Technology Data Exchange (ETDEWEB)

    Ittershagen, Martin; Mavromati, Fotini (comps.)

    2010-04-14

    The publication of the German Federal environmental agency on the focal points 2010 covers the following topics: impetus for an ecological-economic policy; mobility with future -best investment for today: more environmentally compatible investments in traffic infrastructure, better technology - more efficiency, missing charging of environmental cost induces wrong stimuli; environmental protection - investment restraints for agriculture? Engine for climate policy: emission trading; the Federal environmental agency: bridge between science and politics, the Federal environmental agency for mankind and environment; data and facts; publications of the employees.

  7. Potential Impact of TPP Trade Agreement on US Bilateral Agricultural Trade: Trade Creation or Trade Diversion?

    OpenAIRE

    Yeboah, Osei Agyeman; Shaik, Saleem; Agyekum, Afia Fosua

    2015-01-01

    Trans-Pacific Partnership (TPP) trade agreement is a trade agreement U.S is negotiating with 11 other countries in the Asia-Pacific region (Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam) to reduce or eliminate tariffs on U.S. products exported to the TPP countries. With TPP, U.S expects to expand its trade with members of the partnership; resulting in GDP growth. However, there exist large concerns about the potential negative ...

  8. International Trade of Wood Pellets (Brochure)

    Energy Technology Data Exchange (ETDEWEB)

    2013-05-01

    The production of wood pellets has increased dramatically in recent years due in large part to aggressive emissions policy in the European Union; the main markets that currently supply the European market are North America and Russia. However, current market circumstances and trade dynamics could change depending on the development of emerging markets, foreign exchange rates, and the evolution of carbon policies. This fact sheet outlines the existing and potential participants in the wood pellets market, along with historical data on production, trade, and prices.

  9. Should the rules of allocating emissions permits be harmonised?

    NARCIS (Netherlands)

    Zhang, Z.X.

    1999-01-01

    The Kyoto Protocol is the first international environmental agreement that sets legally binding greenhouse gas emissions targets and timetables for Annex I countries. Its Article 17 authorizes emissions trading among Annex B countries. If properly designed, emissions trading can effectively reduce

  10. Drivers of the Growth in Global Greenhouse Gas Emissions

    NARCIS (Netherlands)

    Arto, Inaki; Dietzenbacher, Erik

    2014-01-01

    Greenhouse gas emissions increased by 8.9 Gigatons CO2 equivalent (Gt) in the period 1995-2008. A phenomenon that has received due attention is the upsurge of emission transfers via international trade. A question that has remained unanswered is whether trade changes have affected global emissions.

  11. Air-Emissions-Species Manual. Volume 1. Volatile-organic-compound species profiles. Second edition. Final report, April 1988-October 1989

    Energy Technology Data Exchange (ETDEWEB)

    Brooks, G.W.; Waddell, J.T.; Butler, W.A.

    1990-01-01

    The U.S. Environmental Protection Agency (EPA) has several activities that require speciated particulate matter (PM) or volatile organic compounds (VOC) profiles from several source categories. In an effort to update the available speciated PM-profile data base, EPA initiated studies to update the Receptor Model Source Composition Library and produce a revision entitled Air Emissions Species Manual - Volume II, Particulate Matter Species Profiles. Similarly for VOC emissions, EPA performed studies to revise the Volatile Organic Compound Species Data Manual - Second Edition and provide an updated version in the Air Emissions Species Manual - Volume I, Volatile Organic Compound Species Profiles. The purpose of the document is to update VOC profiles in the Air Emissions Species Manual, Volume I.

  12. Final Rule for Control of Air Pollution From New Motor Vehicles: Tier 2 Motor Vehicle Emissions Standards and Gasoline Sulfur Control Requirements

    Science.gov (United States)

    The U.S. Environmental Protection Agency (EPA) is announcing more protective tailpipe emissions standards for all passenger vehicles, including sport utility vehicles (SUVs), minivans, vans and pick-up trucks.

  13. World Trade Organization Agreement on Trade Facilitation: Assessing the Level of Ambition and Likely Impacts

    OpenAIRE

    Hamanaka, Shintaro

    2014-01-01

    At the Ninth Ministerial Conference of the World Trade Organization (WTO) held in Bali on 3–6 December 2013, the ministers agreed upon the WTO Agreement on Trade Facilitation (ATF). This paper assesses the level of ambition of the ATF from two angles. First, the use of softening language in each provision is examined. Second, the final agreement is compared against the draft text prepared before the Bali conference. Then, the paper considers the likely legal, economic, capacity-building, and ...

  14. From cigarette smuggling to illicit tobacco trade.

    Science.gov (United States)

    Joossens, Luk; Raw, Martin

    2012-03-01

    Tax policy is considered the most effective strategy to reduce tobacco consumption and prevalence. Tax avoidance and tax evasion therefore undermine the effectiveness of tax policies and result in less revenue for governments, cheaper prices for smokers and increased tobacco use. Tobacco smuggling and illicit tobacco trade have probably always existed, since tobacco's introduction as a valuable product from the New World, but the nature of the trade has changed. This article clarifies definitions, reviews the key issues related to illicit trade, describes the different ways taxes are circumvented and looks at the size of the problem, its changing nature and its causes. The difficulties of data collection and research are discussed. Finally, we look at the policy options to combat illicit trade and the negotiations for a WHO Framework Convention on Tobacco Control (FCTC) protocol on illicit tobacco trade. Twenty years ago the main type of illicit trade was large-scale cigarette smuggling of well known cigarette brands. A change occurred as some major international tobacco companies in Europe and the Americas reviewed their export practices due to tax regulations, investigations and lawsuits by the authorities. Other types of illicit trade emerged such as illegal manufacturing, including counterfeiting and the emergence of new cigarette brands, produced in a rather open manner at well known locations, which are only or mainly intended for the illegal market of another country. The global scope and multifaceted nature of the illicit tobacco trade requires a coordinated international response, so a strong protocol to the FCTC is essential. The illicit tobacco trade is a global problem which needs a global solution.

  15. How Fair is Fair Trade?

    NARCIS (Netherlands)

    Maseland, R.K.J.; Vaal, A. de

    2002-01-01

    This paper investigates to what extent fair trade programmes, are indeed ‘fair.’ This is accomplished by comparing fair trade with free trade and protectionist trade regimes on their compliance of the criteria set by the fair trade movement itself. This comparison is made using comparative cost

  16. How fair is fair trade?

    NARCIS (Netherlands)

    Maseland, Robbert; Vaal, Albert de

    2001-01-01

    This paper investigates to what extent fair trade programmes, are indeed ‘fair’. This is accomplished by comparing fair trade with free trade and protectionist trade regimes on their compliance of the criteria set by the fair trade movement itself. This comparison is made using comparative cost

  17. How Fair is Fair Trade?

    NARCIS (Netherlands)

    Vaal, A. de; Maseland, R.K.J.

    2001-01-01

    This paper investigates to what extent fair trade programmes, are indeed fair . This is accomplished by comparing fair trade with free trade and protectionist trade regimes on their compliance of the criteria set by the fair trade movement itself. This comparison is made using comparative cost

  18. Essays on asset trading

    NARCIS (Netherlands)

    Dieler, T.

    2014-01-01

    The overreaching methodology of my Ph.D. thesis is to substitute noise traders with rational traders. I do so by considering liquidity asymmetry between informed trader and uninformed traders. Liquidity asymmetry creates a motive for trade. Under this new setup, I study the impact of asset trade on

  19. Nitrogen Trading Tool (NTT)

    Science.gov (United States)

    The Natural Resources Conservation Service (NRCS) recently developed a prototype web-based nitrogen trading tool to facilitate water quality credit trading. The development team has worked closely with the Agriculture Research Service Soil Plant Nutrient Research Unit (ARS-SPNR) and the Environmenta...

  20. Banking and trading

    NARCIS (Netherlands)

    Boot, A.W.A.; Ratnovski, L.

    2013-01-01

    We study the interaction between relationship banking and short-term, scalable arm’s length finance which we call trading. Relationship banking is not scalable, has high franchise value, is long-term oriented and low risk. Trading is transaction-based: scalable, with lower margins (capital

  1. International trade. Multinational aspects.

    Science.gov (United States)

    Ozawa, Y

    2000-01-01

    Of numerous regional economic agreements, the European Union (EU), the North American Free Trade Agreement (NAFTA), South American Common Market (MERCOSUR), the Association of Southeast Asian Nations (ASEAN), the South Asian Association for Regional Cooperation (SAARC) and the Australia-New Zealand Closer Economic Relations Agreement are examples that are actively pursuing regional integration for freer trade of animals and animal products. The World Trade Organization (WTO) believes that regional and multinational integration initiatives are complements rather than alternatives in the pursuit of more open trade. In the efforts to harmonize SPS standards among multilateral trading nations, it is recommended that national requirements meet the standards developed by the OIE and the FAO/WHO Codex Alimentarius Commission as the minimum requirements rather than adopting the standards of the lowest common denominator. Regional grouping may hinder multilateral or bilateral trade between the countries of a group and those of the other groups. How to eliminate such non-tariff barriers as traditional trade custom remains to be examined. Ongoing activities of VICH (Harmonisation of Technical Requirements for Registration of Veterinary Medical Products) may pave the way for more open trade in pharmaceutical products between multilateral regional groups.

  2. 76 FR 65365 - United States-OMAN Free Trade Agreement

    Science.gov (United States)

    2011-10-21

    ... 178 RIN 1515-AD68 United States-OMAN Free Trade Agreement AGENCIES: U.S. Customs and Border Protection... the preferential tariff treatment and other customs-related provisions of the United States--Oman Free Trade Agreement entered into by the United States and the Sultanate of Oman. DATES: Final rule effective...

  3. 77 FR 64031 - United States-Peru Trade Promotion Agreement

    Science.gov (United States)

    2012-10-18

    ... 178 RIN 1515-AD79 United States-Peru Trade Promotion Agreement AGENCIES: U.S. Customs and Border... States-Peru Trade Promotion Agreement. DATES: Final rule effective November 19, 2012. FOR FURTHER... implement the preferential tariff treatment and other customs-related provisions of the United States-Peru...

  4. Trade and investment rules for energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-09-15

    Rules that govern energy trade is an issue that has generated increasing concern everywhere, from the standpoint of both the security of supply for consumers and security of demand for suppliers. This concern reflects the importance of rules that comprehensively address the needs from supply and demand point of view and integrate the international fabric of energy trade. The GATT and the WTO Agreement define trans-border movement of energy but leave many aspects unclear, particularly as efforts accelerate to control carbon emissions. This timely report by a WEC Task Force of experts with legal standing in the energy business identifies the most pressing issues relating to energy trade and suggests actions and measures which, if implemented, would provide clarity and answer many questions. More importantly, these measures would strengthen the WTO and coming rounds of negotiations.

  5. Efficiency of European emissions markets: Lessons and implications

    Energy Technology Data Exchange (ETDEWEB)

    Krishnamurti, Chandrasekhar [University of Southern Queensland (Australia); Hoque, Ariful, E-mail: Ariful.Hoque@unisa.edu.au [School of Commerce, University of South Australia, 37-44 North Terrace, Adelaide, SA 5000 (Australia)

    2011-10-15

    While prior studies have shown that emission rights and futures contracts on emission rights are efficiently priced, there are no studies on the efficiency of the options market. Therefore, this study fills the gap. We examine empirical evidence regarding the efficiency of the options market for emissions rights in Europe. We employ the put-call parity approach to test the efficiency of options on emission rights traded in the European market. This implies that firms can trade options on emission rights in addition to other existing strategies in order to manage their greenhouse gas emissions. - Highlights: > Efficiency of the European options market for emissions. > Design implications for the development of emissions trading schemes in other countries. > Governance issues pertaining to emissions trading.

  6. African agricultural trade

    DEFF Research Database (Denmark)

    Jensen, Hans Grinsted; Sandrey, Ron

    2015-01-01

    This article starts with a profile of African agricultural trade. Using the pre-release version 9.2 of the GTAP database, we then show that the results for tariff elimination on intra-African trade are promising, but these tariff barriers are not as significant as the various trade-related barriers...... elimination, non-tariff barrier reductions and time in transit cost reductions are likely to be cumulative and would generate very large gains to Africa. The policy implications are clear: while cooperation will enhance the gains, much of the benefits will result from unilateral actions and regional...

  7. Trade and Development

    DEFF Research Database (Denmark)

    Abbott, Philip; Bentzen, Jeanet; Tarp, Finn

    2009-01-01

    methodologies. Forecasts for Vietnam greatly underestimated the impact of past agreements because tariff reform was not the main factor driving adjustments. Addressing market imperfections through institutional reform was central to bringing output and trade expansion. Key questions for future research......History, not predictions of CGE models or cross-country growth studies, shows a strong relationship between trade and development. Vietnam's experience with bilateral trade agreements, comparing actual outcomes with predictions from existing models, demonstrates this and the limitations of research...... are whether policy reform will result in new institutional changes, and how resulting incentives determine the evolution of investment by sector....

  8. Trade and Development

    DEFF Research Database (Denmark)

    Abbott, Philip; Bentzen, Jeanet Sinding; Tarp, Finn

    2009-01-01

    methodologies. Forecasts for Vietnam greatly underestimated the impact of past agreements because tariff reform was not the main factor driving adjustments. Addressing market imperfections through institutional reform was central to bringing output and trade expansion. Key questions for future research......History, not predictions of CGE models or cross-country growth studies, shows a strong relationship between trade and development. Vietnam’s experience with bilateral trade agreements, comparing actual outcomes with predictions from existing models, demonstrates this and the limitations of research...... are whether policy reform will result in new institutional changes, and how resulting incentives determine the evolution of investment by sector....

  9. A study of toxic emissions from a coal-fired power plant utilizing an ESP/wet FGD system. Final report, Volume 2 of 2 - appendices

    Energy Technology Data Exchange (ETDEWEB)

    1994-07-01

    This volume contains the appendices for a coal-fired power plant toxic emissions study. Included are Process data log sheets from Coal Creek, Auditing information, Sampling protocol, Field sampling data sheets, Quality assurance/quality control, Analytical protocol, and Uncertainty analyses.

  10. Noble metal emissions. Final presentation, Hanover, October 17/18, 1996; Edelmetall - Emissionen. Abschlusspraesentation, Hannover, 17. und 18. Oktober 1996. Kurzfassung der Vortraege

    Energy Technology Data Exchange (ETDEWEB)

    Pohl, D. [comp.

    1997-12-31

    The discussion concerning noble metal emissions, in particular platinum emissions, and their environmental effects, started with the introduction of catalytical cleaning of gasoline engine exhaust. The Research Association for Noble Metal Emissions (Forschungsverbund Edelmetallemissionen) ws founded for the purpose of investigating problems concerning the types and volumes of noble metal emissions as well as their toxicological and allergological potential. In order to make valid statements on physiological and toxicological effects, it was necessary to identify the chemical forms of platinum and to develop powerful methods of analysis. Investigations of platinum concentrations in environmental samples suggest a 10 percent bioavailability. [Deutsch] Mit der Einfuehrung der katalytischen Abgasreinigung von Ottomotoren begann gleichzeitig die Diskussion ueber moegliche Emissionen von Edelmetallen, insbesondere von Platin, sowie ueber ihre eventuell moeglichen negativen Wirkungen in der Umwelt. Zur Erforschung der Fragestellungen zur Art und Menge der emittierten Platinmetalle, ihrer Aufnahme und dem Uebergang in den Nahrungskreislauf, sowie zu ihrem toxikologischen und allergologischen Potential wurde der Forschungsverbund ``Edelmetallemissionen`` gegruendet. Um Aussagen ueber physiologische und toxikologische Einfluesse zu machen, war es notwendig, die chemischen Erscheinungsformen des Platins zu identifizieren und nachweisstarke Analysenmethoden zu entwickeln. Untersuchungen zu Platinkonzentrationen in Umweltproben deuten auf eine Bioverfuegbarkeit von ca. 10 % hin. (ABI)

  11. Targeted opportunities to address the climate-trade dilemma in China

    Science.gov (United States)

    Liu, Zhu; Davis, Steven J.; Feng, Kuishuang; Hubacek, Klaus; Liang, Sai; Anadon, Laura Diaz; Chen, Bin; Liu, Jingru; Yan, Jinyue; Guan, Dabo

    2016-02-01

    International trade has become the fastest growing driver of global carbon emissions, with large quantities of emissions embodied in exports from emerging economies. International trade with emerging economies poses a dilemma for climate and trade policy: to the extent emerging markets have comparative advantages in manufacturing, such trade is economically efficient and desirable. However, if carbon-intensive manufacturing in emerging countries such as China entails drastically more CO2 emissions than making the same product elsewhere, then trade increases global CO2 emissions. Here we show that the emissions embodied in Chinese exports, which are larger than the annual emissions of Japan or Germany, are primarily the result of China’s coal-based energy mix and the very high emissions intensity (emission per unit of economic value) in a few provinces and industry sectors. Exports from these provinces and sectors therefore represent targeted opportunities to address the climate-trade dilemma by either improving production technologies and decarbonizing the underlying energy systems or else reducing trade volumes.

  12. Is trade openness good for environment in South Korea? The role of non-fossil electricity consumption.

    Science.gov (United States)

    Zhang, Shun

    2018-01-21

    The paper investigates the linkage of carbon dioxide (CO 2 ) emissions, per capita real output, share of non-fossil electricity consumption, and trade openness in South Korea from 1971 to 2013. The empirical results indicate that the environmental Kuznets curve (EKC) is supported by autoregressive distributed lag (ARDL) test. Both short- and long-run estimates indicate that increasing non-fossil electricity consumption can mitigate environmental degradation, and increasing trade aggravates carbon dioxide emissions. By Granger causality, long-run causalities are found in both equations of CO 2 emissions and trade openness, as well as exports and imports. In the short-run, evidence indicates feedback linkage between output and trade, unidirectional linkages from trade to emissions, from emissions to output, and from output to non-fossil electricity use. Therefore, South Korea should strengthen the sustainable economy, consume clean energy, and develop green trade.

  13. Information report on greenhouse gas emission trading systems, in the name of the Sustainable Development and Land Management Commission; Rapport d'information depose en application de l'article 145 du reglement par la mission d'information sur les marches de quotas de gaz a effet de serre au nom de la commission du developpement durable et de l'amenagement du territoire

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    In its first part, this report explains the choice of trading systems due to the impossibility to define taxes on carbon emissions and to the influence of international negotiations. It also describes the operation of the European system with its three allocation phases (an experimental framework between 2005 and 2007, an actually constraining framework between 2008 and 2012, and a sustainable frame from 2013), and outlines the realistic character of emission reduction objective by 2020. It identifies and discusses the weaknesses of the European system, notably due to an insufficiently regulated market and to a partial taking into account of emission. The second part identifies ways to improve the system by extending it (including new sectors, taking some particular emissions into account, and valuing carbon sequestration), by preserving the competitiveness of European industries, and by aiming at the construction of a de-carbonated Europe

  14. Final Rule for Control of Air Pollution From New Motor Vehicles and New Motor Vehicle Engines: State Commitments to National Low Emission Vehicle Program

    Science.gov (United States)

    The Environmental Protection Agency (EPA) is issuing a final rule representing the next step in establishing a voluntary nationwide program to make new cars significantly cleaner burning than today’s current cars.

  15. Environment, Trade, and Investment

    Science.gov (United States)

    Environment, trade, and investment are fundamentally linked as the environment provides many basic inputs of economic activity – forests, fisheries, metals, minerals – as well as the energy used to process those materials.

  16. Trading forest carbon - OSU

    Science.gov (United States)

    Issues associate with trading carbon sequestered in forests are discussed. Scientific uncertainties associated with carbon measurement are discussed with respect to proposed accounting procedures. Major issues include: (1) Establishing baselines. (2) Determining additivity from f...

  17. A trade balance

    DEFF Research Database (Denmark)

    Daugbjerg, Carsten; Kay, Adrian

    2014-01-01

    The establishment of the World Trade Organization (WTO) has been widely accepted as representing the legalisation of world trading rules. However, it is important to reflect on the limits of this legalisation thesis in terms of the interface between international and domestic policy processes....... By locating trading disputes in a political analysis of policy implementation, it is argued that it is difficult to establish conceptually how the WTO dispute settlement system could have authority separate from and above the conventional international politics of trade policy relations. Instead, the article...... argues that case outcomes should be expected to be largely the product of domestic political institutions and policy processes, and how these intersect with developments in the WTO dispute settlement system. Brief studies of the Australian government's dispute settlement strategy and two high-profile WTO...

  18. World Trade Center

    Index Scriptorium Estoniae

    2006-01-01

    Esilinastus katastroofifilm "World Trade Center" : stsenarist Andrea Berloff : režissöör Oliver Stone : kunstnik Jan Roelfs : osades Nicholas Cage, Michael Pena, Stephen Dorff jpt : Ameerika Ühendriigid 2006. Ka filmi prototüüpidest

  19. Let's Talk Trade Books.

    Science.gov (United States)

    Gee, Thomas; Olson, Mary W.

    1992-01-01

    Describes strategies that use trade books to teach science to primary students. Strategies include (1) developing concepts and vocabulary; (2) using concrete manipulatives to reinforce learning; (3) encouraging retelling; (4) developing class summaries; and (5) developing visual imagery. (MDH)

  20. How to design greenhouse gas trading in the EU?

    Energy Technology Data Exchange (ETDEWEB)

    Tinggaard Svendsen, G.; Vesterdal, M.

    2001-07-01

    A new and remarkable Green Paper about how to trade Greenhouse gases (GHG) in the EU has recently been published by the Commission of the European Union. This to achieve the stated 8% reduction target level. The Green paper raises ten questions about how greenhouse gas permit trading should be designed in the EU before year 2005. These ten questions can be compressed into four main issues, namely target group, allocation of emission allowances, how to mix emission trading with other instruments and fourth enforcement. In the literature, there is a strong need to guide decision-makers and stimulate academic debates concerning the actual design of a simple and workable GHG market model for the EU. This model must take both economic, administrative and political concerns into account so that it is feasible in practice. Based on our findings, we therefore develop a policy recommendation concerning the future design of GHG permit trading in the EU. (au)

  1. Outsourcing CO2 Emissions

    Science.gov (United States)

    Davis, S. J.; Caldeira, K. G.

    2009-12-01

    CO2 emissions from the burning of fossil fuels are the primary cause of global warming. Much attention has been focused on the CO2 directly emitted by each country, but relatively little attention has been paid to the amount of emissions associated with consumption of goods and services in each country. This consumption-based emissions inventory differs from the production-based inventory because of imports and exports of goods and services that, either directly or indirectly, involved CO2 emissions. Using the latest available data and reasonable assumptions regarding trans-shipment of embodied carbon through third-party countries, we developed a global consumption-based CO2 emissions inventory and have calculated associated consumption-based energy and carbon intensities. We find that, in 2004, 24% of CO2 emissions are effectively outsourced to other countries, with much of the developed world outsourcing CO2 emissions to emerging markets, principally China. Some wealthy countries, including Switzerland and Sweden, outsource over half of their consumption-based emissions, with many northern Europeans outsourcing more than three tons of emissions per person per year. The United States is both a big importer and exporter of emissions embodied in trade, outsourcing >2.6 tons of CO2 per person and at the same time as >2.0 tons of CO2 per person are outsourced to the United States. These large flows indicate that CO2 emissions embodied in trade must be taken into consideration when considering responsibility for increasing atmospheric greenhouse gas concentrations.

  2. 76 FR 20954 - Certain Lined Paper Products From India: Amended Final Determination of Sales at Less Than Fair...

    Science.gov (United States)

    2011-04-14

    ... International Trade Administration Certain Lined Paper Products From India: Amended Final Determination of Sales at Less Than Fair Value AGENCY: Import Administration, International Trade Administration, Department... Circuit (``CAFC'') affirmed the United States Court of International Trade's (``CIT's'') decision...

  3. Additive versus multiplicative trade costs and the gains from trade

    DEFF Research Database (Denmark)

    Sørensen, Allan

    This paper addresses welfare effects from trade liberalization in a heterogeneous-fi…rms trade model including the empirically important per-unit (i.e. additive) trade costs in addition to the conventional iceberg (i.e. multiplicative) and fi…xed trade costs. The novel contribution of the paper...... is the result that the welfare gain for a given increase in trade openness is higher for reductions in per-unit (additive) trade costs than for reductions in iceberg (multiplicative) trade costs. The ranking derives from differences in intra-industry reallocations and in particular from dissimilar impacts...

  4. Physicians and Insider Trading.

    Science.gov (United States)

    Kesselheim, Aaron S; Sinha, Michael S; Joffe, Steven

    2015-12-01

    Although insider trading is illegal, recent high-profile cases have involved physicians and scientists who are part of corporate governance or who have access to information about clinical trials of investigational products. Insider trading occurs when a person in possession of information that might affect the share price of a company's stock uses that information to buy or sell securities--or supplies that information to others who buy or sell--when the person is expected to keep such information confidential. The input that physicians and scientists provide to business leaders can serve legitimate social functions, but insider trading threatens to undermine any positive outcomes of these relationships. We review insider-trading rules and consider approaches to securities fraud in the health care field. Given the magnitude of the potential financial rewards, the ease of concealing illegal conduct, and the absence of identifiable victims, the temptation for physicians and scientists to engage in insider trading will always be present. Minimizing the occurrence of insider trading will require robust education, strictly enforced contractual provisions, and selective prohibitions against high-risk conduct, such as participation in expert consulting networks and online physician forums, by those individuals with access to valuable inside information.

  5. Trade Liberalization, Mergers and Acquisitions, and Intra-Industry Reallocations

    DEFF Research Database (Denmark)

    Bache, Peter Arendorf

    This paper presents a Melitz-type model of international trade in final goods and Grossman-Hart-Antràs input sourcing by heterogeneous firms. We show how firms self-select into different organizational forms in a continuum of industries with different characteristics. Next, we show how a liberali...... a liberalization of trade leads to short run increases in the number of firm mergers and acquisitions and potentially new gains from trade. Finally, we show how the relative prevalence of integrating firms is increasing in some industries while constant in all others....

  6. Characterizing toxic emissions from a coal-fired power plant demonstrating the AFGD ICCT Project and a plant utilizing a dry scrubber/baghouse system: Bailly Station Units 7 and 8 and AFGD ICCT Project. Final report. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Dismukes, E.B.

    1994-10-20

    This report describes results of assessment of the risk of emissions of hazardous air pollutants at one of the electric power stations, Bailly Station, which is also the site of a Clean Coal Technology project demonstrating the Pure Air Advanced Flue Gas Desulfurization process (wet limestone). This station represents the configuration of no NO{sub x} reduction, particulate control with electrostatic precipitators, and SO{sub 2} control with a wet scrubber. The test was conducted September 3--6, 1993. Sixteen trace metals were determined along with 5 major metals. Other inorganic substances and organic compounds were also determined.

  7. Particulate Emissions Control using Advanced Filter Systems: Final Report for Argonne National Laboratory, Corning Inc. and Hyundai Motor Company CRADA Project

    Energy Technology Data Exchange (ETDEWEB)

    Seong, Hee Je [Argonne National Lab. (ANL), Argonne, IL (United States); Choi, Seungmok [Argonne National Lab. (ANL), Argonne, IL (United States)

    2015-10-09

    This is a 3-way CRADA project working together with Corning, Inc. and Hyundai Motor Co. (HMC). The project is to understand particulate emissions from gasoline direct-injection engines (GDI) and their physico-chemical properties. In addition, this project focuses on providing fundamental information about filtration and regeneration mechanisms occurring in gasoline particulate filter (GPF) systems. For the work, Corning provides most advanced filter substrates for GPF applications and HMC provides three-way catalyst (TWC) coating services of these filter by way of a catalyst coating company. Then, Argonne National Laboratory characterizes fundamental behaviors of filtration and regeneration processes as well as evaluated TWC functionality for the coated filters. To examine aging impacts on TWC and GPF performance, the research team evaluates gaseous and particulate emissions as well as back-pressure increase with ash loading by using an engine-oil injection system to accelerate ash loading in TWC-coated GPFs.

  8. Final Report, The Influence of Organic-Aerosol Emissions and Aging on Regional and Global Aerosol Size Distributions and the CCN Number Budget

    Energy Technology Data Exchange (ETDEWEB)

    Donahue, Neil M. [Carnegie Mellon Univ., Pittsburgh, PA (United States)

    2015-12-23

    We conducted laboratory experiments and analyzed data on aging of organic aerosol and analysis of field data on volatility and CCN activity. With supplemental ASR funding we participated in the FLAME-IV campaign in Missoula MT in the Fall of 2012, deploying a two-chamber photochemical aging system to enable experimental exploration of photochemical aging of biomass burning emissions. Results from that campaign will lead to numerous publications, including demonstration of photochemical production of Brown Carbon (BrC) from secondary organic aerosol associated with biomass burning emissions as well as extensive characterization of the effect of photochemical aging on the overall concentrations of biomass burning organic aerosol. Excluding publications arising from the FLAME-IV campaign, project research resulted in 8 papers: [11, 5, 3, 10, 12, 4, 8, 7], including on in Nature Geoscience addressing the role of organic compounds in nanoparticle growth [11

  9. 75 FR 12737 - Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp.

    Science.gov (United States)

    2010-03-17

    ... Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp. AGENCY: Office of Electricity... applications, Noble Energy Marketing and Trade Corp. (NEMT) has applied for authority to transmit electric... Marketing and Trade Corp., 333 Ludlow Street, Suite 1230, Stamford, CT 06902. A final decision will be made...

  10. Effect of Gasoline Properties on Exhaust Emissions from Tier 2 Light-Duty Vehicles -- Final Report: Phases 4, 5, & 6; July 28, 2008 - July 27, 2013

    Energy Technology Data Exchange (ETDEWEB)

    Whitney, K.; Shoffner, B.

    2014-06-01

    This report covers work the Southwest Research Institute (SwRI) Office of Automotive Engineering has conducted for the National Renewable Energy Laboratory (NREL) in support of the Energy Policy Act of 2005 (EPAct). Section 1506 of EPAct requires the EPA to produce an updated fuel effects model representing the 2007 light-duty gasoline fleet, including determination of the emissions impacts of increased renewable fuel use.

  11. Detection and Assessment Using Positron Emission Tomography of Genetically Determined Defects in Myocardial Fatty Acid Utilization. Final report, 8/1/93-6/30/97

    Energy Technology Data Exchange (ETDEWEB)

    Bergmann, Steven R.

    2000-04-09

    An approach using positron emission tomography (PET) was developed, validated and used to measure myocardial fatty acid metabolism in patients with inherited forms of heart failure. Abnormalities were correlated with the severity of the clinical illness. The approach developed was also shown to identify abnormalities in myocardial fatty acid metabolism in some patients with acquired forms of heart failure. The PET technique thus permits identification of abnormal fatty acid metabolism and provides an approach to evaluate the efficacy of interventional strategies.

  12. A study of toxic emissions from a coal-fired power plant: Niles Station Boiler No. 2. Volume 1, Sampling/results/special topics: Final report

    Energy Technology Data Exchange (ETDEWEB)

    1994-06-01

    This study was one of a group of assessments of toxic emissions from coal-fired power plants, conducted for US Department of Energy, Pittsburgh Energy Technology Center (DOE-PETC) during 1993. The motivation for those assessments was the mandate in the 1990 Clean Air Act Amendments that a study be made of emissions of hazardous air pollutants (HAPs) from electrical utilities. The results of this study will be used by the US Environmental Protection Agency to evaluate whether regulation of HAPs emissions from utilities is warranted. This report is organized in two volumes. Volume 1: Sampling/Results/Special Topics describes the sampling effort conducted as the basis for this study, presents the concentration data on toxic chemicals in the several power plant streams, and reports the results of evaluations and calculations conducted with those data. The Special Topics section of Volume 1 reports on issues such as comparison of sampling methods and vapor/particle distributions of toxic chemicals. Volume 2: Appendices include field sampling data sheets, quality assurance results, and uncertainty calculations. The chemicals measured at Niles Boiler No. 2 were the following: five major and 16 trace elements, including mercury, chromium, cadmium, lead, selenium, arsenic, beryllium, and nickel; acids and corresponding anions (HCl, HF, chloride, fluoride, phosphate, sulfate); ammonia and cyanide; elemental carbon; radionuclides; volatile organic compounds (VOC); semivolatile compounds (SVOC) including polynuclear aromatic hydrocarbons (PAH), and polychlorinated dioxins and furans; and aldehydes.

  13. Exploration of two Canadian greenhouse gas emissions targets : 25 per cent below 1990 and 20 per cent below 2006 levels by 2020 : final report

    Energy Technology Data Exchange (ETDEWEB)

    Bataille, C.; Wolinetz, M.; Peters, J.; Bennett, M.; Rivers, N. [MK Jaccard and Associates, Vancouver, BC (Canada)

    2009-10-18

    This study reviewed the feasibility and cost of 2 levels of greenhouse gas (GHG) emissions reductions in Canada, with particular reference to an environmental non-governmental organization (ENGO) that recommended 25 per cent reduction in GHG emissions below 1990 levels by 2020, and the Canadian government's recommended 20 per cent reduction of GHGs from 2006 levels by 2020. A CIMS hybrid technology simulation tool and a static computable general equilibrium (CGE) model were used to conduct the analysis. The study showed that current carbon charge and other complementary policies will not meet required targets for either the current governmental reduction plan or the ENGO plan. Recommended actions to provide emissions reductions included carbon capture and storage (CCS) technology implementation; increased energy efficiency in the personal and freight transportation sectors; increased GHG control in the upstream oil and gas industry and of landfill gas; and the use of international permit purchases. Other recommendations included switching to electricity and using renewable energy sources within the electricity industry. 11 refs., 98 tabs., 16 figs.

  14. A study of toxic emissions from a coal-fired power plant utilizing an ESP while demonstrating the ICCT CT-121 FGD Project. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1994-06-16

    The US Department of Energy is performing comprehensive assessments of toxic emissions from eight selected coal-fired electric utility units. This program responds to the Clean Air Act Amendments of 1990, which require the US Environmental Protection Agency (EPA) to evaluate emissions of hazardous air pollutants (HAPs) from electric utility power plants for Potential health risks. The resulting data will be furnished to EPA utility power plants and health risk determinations. The assessment of emissions involves the collection and analysis of samples from the major input, process, and output streams of each of the eight power plants for selected hazardous Pollutants identified in Title III of the Clean Air Act. Additional goals are to determine the removal efficiencies of pollution control subsystems for these selected pollutants and the Concentrations associated with the particulate fraction of the flue gas stream as a function of particle size. Material balances are being performed for selected pollutants around the entire power plant and several subsystems to identify the fate of hazardous substances in each utility system. Radian Corporation was selected to perform a toxics assessment at a plant demonstrating an Innovative Clean Coal Technology (ICCT) Project. The site selected is Plant Yates Unit No. 1 of Georgia Power Company, which includes a Chiyoda Thoroughbred-121 demonstration project.

  15. Low Emission AMTEC Automotive Power System. Final report for Department of Energy Contract DE-FG02-94ER81696

    Energy Technology Data Exchange (ETDEWEB)

    Hunt, Thomas K.

    2001-04-17

    This program investigated the potential for Alkali Metal Thermal to Electric Converter (AMTEC) technology to be useful in automotive power system applications. AMTEC, a thermally regenerative electrochemical energy conversion system, converts heat into electricity from a heat source at 750 C to 850 C and a radiator at 200 C to 350 C. AMTEC uses external combustion with correspondingly low emission of NO{sub x} and hydrocarbons, and can tolerate essentially any hydrocarbon fuel. Efficiencies of 20% to 30% are projected to be feasible for systems of 25 kWe to 40 kWe peak output. The research program has shown that there are significant advantages to be achieved if AMTEC systems can be made cost effective for vehicle applications. Among these are (1) higher efficiency at part load than IC engines can yield, (2) omnifuel capability, and (3) low noise and low emission of pollutants. Demonstrated lifetimes already above 12,000 hours should be adequate for most vehicle applications. In major production, AMTEC costs are projected to reach $1/Watt, a value still too high for widespread automotive main power application. AMTEC's unique capabilities for low emissions, all-fuel operation, and insensitivity to ambient temperature, however, do make it a potential option for specialized vehicle applications needing these properties.

  16. Dynamic analysis of sulfur dioxide monthly emissions in United States power plants

    Science.gov (United States)

    Kim, Tae-Kyung

    The Clean Air Act Amendments (CAAA) of 1990 marked a moving away from command-and-control air quality regulations towards a market-based approach, whereby polluters are assigned annual emission allowances, and are free to select the minimum-cost approach that will keep their actual annual emissions within this allowance limit. Within this context, the objectives of this research are to better understand (1) the temporal patterns of SO 2 emissions from power plants, and (2) the factors affecting fuel choice and SO2 emissions. Large power plant-related datasets from various sources are collected, processed, and combined for empirical analyses, to explain monthly fuel shipments, fuel consumptions, sulfur shipments, gross and net SO 2 emissions, and fuel choices. Because of the interdependency of these various sulfur dioxide, simultaneous equations estimation techniques are used. The empirical findings are as follows. First, forecasts of electricity demand and fuel prices are the main determinants of the amounts and types of fuel shipments. The relationship between fuel shipments and forecasted fuel needs is very strong for the current month, and gradually weakens over future months, due to forecasting difficulties and the costs of fuel inventories. Second, net SO2 emissions increase with allowances, although not proportionately, because of the likely effects of allowance banking and trading. Third, each plant reduces SO2 emissions gradually over time, to account for the future more stringent Phase II emissions constraints. Fourth, plants emit less in winter, possibly because higher electricity leads to reduced unit SO2 emission abatement costs. Finally, plants with an FGD usually consume more high-sulfur fuels due to their potential abatement capability. An integrated analysis of the effects of changing emission allowances and installing FGD is conducted through a simulation. Reducing allowances by 1% leads to an emissions reduction of 0.15% at the plant level

  17. Program GICC, final report (March 2005), inventory of carbonaceous aerosol particles from 1860 to 2100 or which carbonaceous aerosol for a significant climatic regional/global impact?; Programme GICC, RAPPORT DEFINITIF (Mars 2005), inventaire d'emissions d'aerosol carbone de 1860 a 2100 ou quelles emissions d'aerosol carbone pour un impact climatique regional/global significatif?

    Energy Technology Data Exchange (ETDEWEB)

    Cachier, H.; Guinot, B. [Laboratoire des Sciences du Climat et de l' Environnment, UMR CEA/CNRS 1572 - CEA Saclay, 91 - Gif sur Yvette (France); Criqui, P.; Mima, S. [IEPE, 38 - Grenoble (France); Brignon, J.M. [INERIS, 60 - Verneuil-en-Halatte (France); Penner, J. [Michigan Univ., Ann Arbor, MI (United States); Carmichael, G. [Iowa Univ., Iowa City, IA (United States); Gadi, R. [National Physical Lab., New Delhi (India); Denier Van der Gon, H. [TNO Hollande (Netherlands); Gregoire, J.M. [JRC, Ispra (Italy); Liousse, C.; Michel, C.; Guillaume, B.; Junker, C

    2007-07-01

    The aim of our program is to determine past, present and future emission inventories of carbonaceous particles from 1860 to 2100 for fossil fuel and biofuel sources. Emission inventories for savannah and forest fires have been developed by using burnt area products given by satellite for Asia and Africa. The strong collaboration with the different groups attending this GICC program has allowed to develop the following results. 1- With the improvement of algorithms and new choices for emission factors, emission inventories for black carbon (BC), primary organic carbon (OCp) and total organic carbon (OCtot) have been constructed for the period 1950 to 1997 for fossil fuel and biofuel sources. With these new development, biofuel sources have been seen to be significant, especially in the developing countries. 2- Past inventories have been developed for fossil fuel and biofuel sources from 1860 to 1997 by taking into account the evolution of fuel consumption, fuel use and emission factors. 3- Savannah and forest fire inventories have been constructed based on burnt area products, for Africa (1981-1991, 2000) and Asia (2000-2001). These results show the importance of using real time data instead of statistics. 4-Future emission inventory of black carbon by fossil fuel sources has been constructed for 2100 following the IPCC scenario A2 (catastrophic case) and B1 (perfect world). 5-Characterization of biofuel emissions has been realized by organizing an experiment in a combustion chamber where indian and chinese biofuels (fuelwood, agricultural wastes, dung-cake etc..). were burnt, reproducing the burning methods used in these countries. 6-Finally, the differences between the existing inventories of carbonaceous aerosols has been explained. (A.L.B.)

  18. Final Rule for Control of Air Pollution From New Motor Vehicles and New Motor Vehicle Engines: Evaporative and Refueling Emission Regulations for Gasolineand Methanol-Fueled Light-Duty Vehicles and Light-Duty Trucks and Heavy-Duty Vehicles; Technical Amen

    Science.gov (United States)

    On March 24, 1993 EPA finalized a new test procedure to measure evaporative emissions from motor vehicles. The amendments modify several of the test procedure’s tolerances, equipment specifications, and procedural steps.

  19. EEI contests N.Y. concerns with allowance trading scheme

    Energy Technology Data Exchange (ETDEWEB)

    Lobsenz, G.

    1993-07-07

    A utility industry analyst has challenged charges that sulfur dioxide emissions allowance trading may be environmentally damaging, citing studies showing no harmful increases in acid deposition due to simulated interstate allowance transactions. Contrary to allegations by New York state officials, John Kinsman of the Edison Electric Institute said existing studies indicate the Adirondacks and other sensitive Northeast ecosystems actually may benefit from SO{sub 2} emissions allowance trading. In particular, studies done by the National Acid Precipitation Assessment Program suggest allowance trading could marginally reduce acid deposition in the Adirondacks below levels already expected under the federal SO{sub 2} emissions reduction program for utilities, said Kinsman, an environmental scientists at EEI.

  20. How fair is fair trade?

    OpenAIRE

    Maseland, Robbert; Vaal, Albert de

    2001-01-01

    This paper investigates to what extent fair trade programmes, are indeed ‘fair’. This is accomplished by comparing fair trade with free trade and protectionist trade regimes on their compliance of the criteria set by the fair trade movement itself. This comparison is made using comparative cost based and economies of scale models. It is found that whether or not fair trade is superior to free trade or protectionism is highly dependent on a number of characteristics of the products to which fa...

  1. 40 CFR 1039.715 - How do I bank emission credits?

    Science.gov (United States)

    2010-07-01

    ..., Banking, and Trading for Certification § 1039.715 How do I bank emission credits? (a) Banking is the retention of emission credits by the manufacturer generating the emission credits for use in future model...

  2. 40 CFR 1045.715 - How do I bank emission credits?

    Science.gov (United States)

    2010-07-01

    ..., Banking, and Trading for Certification § 1045.715 How do I bank emission credits? (a) Banking is the retention of emission credits by the manufacturer generating the emission credits for use in future model...

  3. SO{sub 2} trading program as a metaphor for a competitive electric industry

    Energy Technology Data Exchange (ETDEWEB)

    O`Connor, P.R. [Coopers & Lybrand, Chicago, IL (United States)

    1996-12-31

    This very brief presentation focuses on the competitive market impacts of sulfur dioxide SO{sub 2} emissions trading. Key points of the presentation are highlighted in four tables. The main principles and results of the emissions trading program are outlined, and the implications of SO{sub 2} trading for the electric industry are listed. Parallels between SO{sub 2} trading and electric utility restructing identified include no market distortion by avoiding serious disadvantages to competitors, and avoidance of stranded costs through compliance flexibility. 4 tabs.

  4. Intention-Disguised Algorithmic Trading

    Science.gov (United States)

    Yuen, William; Syverson, Paul; Liu, Zhenming; Thorpe, Christopher

    Large market participants (LMPs) must often execute trades while keeping their intentions secret. Sometimes secrecy is required before trades are completed to prevent other traders from anticipating (and exploiting) the price impact of their trades. This is known as "front-running". In other cases, LMPs with proprietary trading strategies wish to keep their positions secret even after trading because their strategies and positions contain valuable information. LMPs include hedge funds, mutual funds, and other specialized market players.

  5. Final Technical Report HFC Concrete: A Low­Energy, Carbon-Dioxide­Negative Solution for reducing Industrial Greenhouse Gas Emissions

    Energy Technology Data Exchange (ETDEWEB)

    Dr. Larry McCandlish, Principal Investigator; Dr. Richard Riman, Co-Principal Investigator

    2012-05-14

    Solidia/CCSM received funding for further research and development of its Low Temperature Solidification Process (LTS), which is used to create hydrate-free concrete (HFC). LTS/HFC is a technology/materials platform that offers wide applicability in the built infrastructure. Most importantly, it provides a means of making concrete without Portland cement. Cement and concrete production is a major consumer of energy and source of industrial greenhouse gas (GHG) emissions. The primary goal of this project was to develop and commercialize a novel material, HFC, which by replacing traditional concrete and cement, reduces both energy use and GHG emissions in the built infrastructure. Traditional concrete uses Portland Cement (PC) as a binder. PC production involves calcination of limestone at {approx}1450 C, which releases significant amounts of CO{sub 2} gas to the atmosphere and consumes a large amount of energy due to the high temperature required. In contrast, HFC is a carbonate-based hydrate-free concrete (HFC) that consumes CO{sub 2} gas in its production. HFC is made by reaction of silicate minerals with CO{sub 2} at temperatures below 100 C, more than an order-of-magnitude below the temperature required to make PC. Because of this significant difference in temperature, it is estimated that we will be able to reduce energy use in the cement and concrete industry by up to 30 trillion Btu by 2020. Because of the insulating properties of HFC, we believe we will also be able to significantly reduce energy use in the Building sector, though the extent of this saving is not yet quantified. It is estimated that production of a tonne of PC-based concrete requires about 6.2 million Btu of energy and produces over 1 tonne of CO{sub 2} emissions (Choate, 2003). These can be reduced to 1.9 million Btu and 0.025 tonnes of CO{sub 2} emissions per tonne of HFC (with overall CO{sub 2}-negativity possible by increasing carbonation yield). In this way, by replacing PC

  6. Formation and emission of PM{sub 10} in combustion of biofuels. Final report; Bildning och emissioner av PM{sub 10} vid foerbraenning av biobraenslen. Slutrapport

    Energy Technology Data Exchange (ETDEWEB)

    Johansson, Linda; Tullin, Claes [SP Swedish National Testing and Research Inst., Boraas (Sweden); Leckner, Bo [Chalmers Univ. of Technology, Goeteborg (Sweden). Dept. of Energy Technology

    2004-02-01

    Epidemiological studies have shown correlations between negative health effects and increased particle concentrations in the ambient air. Because of this correlation and the increasing biofuel combustion, there is a need to more carefully investigate formation and emissions from biofuel combustion to secure good air quality in the future. This project is limited to primary combustion particles emitted from small-scale biofuel combustion. Small-scale is here defined as combustion devices with an output less than 10 MW. The project is divided into two parts. In the first part, particles from small-scale biofuel combustion have been characterised. In the second part, the formation of particles during biofuel combustion is studied. Characterisation of particle emissions has been performed for a range of different combustion units, i.e. pellet stove with a thermal output of a few kW, domestic wood and pellet boilers and district-heating boilers with thermal outputs around 2 MW. Mass concentration of particles was measured according to Swedish Standard method. Particle mass size distribution was measured using Dekati Low Pressure Impactor (DLPI, size range 30 nm - 10 {mu}m). The number of particles and corresponding size distribution were measured with an Electrical Low Pressure Impactor (ELPI, 30 nm - 10 {mu}m). To some extent, the particle emissions were investigated regarding chemical content and morphology. In all measurement cases, gas concentrations were measured in the flue gas as a control of combustion conditions. The highest mass concentration of particles (2,200 mg/MJ{sub fuel}) was recorded in the flue gas from an old domestic wood log boiler with poor combustion conditions resulting in very high emissions of unburnt (soot). On the other hand, the lowest mass concentration of particles (20 mg/MJ{sub fueI}) was recorded during optimally adjusted pellet combustion, where 83 % of the particles were found to be inorganic. The remaining part consists of unburnt

  7. Does Non-Fossil Energy Usage Lower CO2 Emissions? Empirical Evidence from China

    Directory of Open Access Journals (Sweden)

    Deshan Li

    2016-08-01

    Full Text Available This paper uses an autoregressive distributed lag model (ARDL to examine the dynamic impact of non-fossil energy consumption on carbon dioxide (CO2 emissions in China for a given level of economic growth, trade openness, and energy usage between 1965 and 2014. The results suggest that the variables are in a long-run equilibrium. ARDL estimation indicates that consumption of non-fossil energy plays a crucial role in curbing CO2 emissions in the long run but not in the short term. The results also suggest that, in both the long and short term, energy consumption and trade openness have a negative impact on the reduction of CO2 emissions, while gross domestic product (GDP per capita increases CO2 emissions only in the short term. Finally, the Granger causality test indicates a bidirectional causality between CO2 emissions and energy consumption. In addition, this study suggests that non-fossil energy is an effective solution to mitigate CO2 emissions, providing useful information for policy-makers wishing to reduce atmospheric CO2.

  8. Demand on information and information instruments of the operational emission management. An analysis in line with the European trading of greenhouse gas emission certificates; Informationsbedarf und Informationsinstrumente des betrieblichen Emissionsmanagements. Eine Analyse im Rahmen des europaeischen Handels mit Treibhausgas-Emissionszertifikaten

    Energy Technology Data Exchange (ETDEWEB)

    Romeo, Christiane

    2012-07-01

    The handling of the new restriction of CO{sub 2} emissions modifies the previous decision processes. This requires the construction of an enterprise specific operational emission management. The author of the contribution under consideration systematizes the emission management specific demand on information and analyses detailed the possible traditional information instruments from the company accounting as well as from the acquisition and evaluation of environmental data regarding to their usability in the operational emission management. Furthermore, the design possibilities and perspectives of development of the operational emission management are described.

  9. Effect of Gasoline Properties on Exhaust Emissions from Tier 2 Light-Duty Vehicles -- Final Report: Phase 3; July 28, 2008 - July 27, 2013

    Energy Technology Data Exchange (ETDEWEB)

    Whitney, K.

    2014-05-01

    This report covers work the Southwest Research Institute (SwRI) Office of Automotive Engineering has conducted for the U.S. Environmental Protection Agency (EPA), the National Renewable Energy Laboratory (NREL), and the Coordinating Research Council (CRC) in support of the Energy Policy Act of 2005 (EPAct). Section 1506 of EPAct requires EPA to produce an updated fuel effects model representing the 2007 light - duty gasoline fleet, including determination of the emissions impacts of increased renewable fuel use. This report covers the exhaust emissions testing of 15 light-duty vehicles with 27 E0 through E20 test fuels, and 4 light-duty flexible fuel vehicles (FFVs) on an E85 fuel, as part of the EPAct Gasoline Light-Duty Exhaust Fuel Effects Test Program. This program will also be referred to as the EPAct/V2/E-89 Program based on the designations used for it by the EPA, NREL, and CRC, respectively. It is expected that this report will be an attachment or a chapter in the overall EPAct/V2/E-89 Program report prepared by EPA and NREL.

  10. Trade creation and trade diversion in the Canada - United States Free Trade Agreement

    OpenAIRE

    Clausing, Kimberly A.

    2001-01-01

    In this paper the changes in trade patterns introduced by the Canada-United States Free Trade Agreement are examined. Variation in the extent of tariff liberalization under the agreement is used to identify the impact of tariff liberalization on the growth of trade both with member countries and non-member countries. Data at the commodity level are used, and the results indicate that the Canada-United States Free Trade Agreement had substantial trade creation effects, with little evidence of ...

  11. Do Trade Agreements Stimulate International Trade Differently? Evidence from 296 Trade Agreements

    OpenAIRE

    Kohl, Tristan; Brakman, Steven; Garretsen, Harry

    2013-01-01

    In a seminal paper, Rose (2004) found that the assumed positive impact of the WTO on international trade was questionable. This finding has been scrutinized and modified in subsequent research, using different datasets, econometric methods and separating the WTO from other forms of trade agreements. A key characteristic of this literature is the rather simplistic way in which trade agreements are treated whereby all trade agreements are lumped together. Trade agreements come, however, in many...

  12. Trade in tourism services

    DEFF Research Database (Denmark)

    Jensen, Camilla; Zhang, Jie

    2013-01-01

    The article addresses two questions related with tourism as a service trade. Can tourism be explained as other export activities? Does service liberalisation have a positive or negative impact on tourism receipts in destination countries? Previous research has either focused on the demand side...... factors (i.e. factors of demand in the origin countries) or on tourism as a long-run factor of economic growth. The research shows that a complementary perspective such as that offered by trade in a supply side perspective can render additional insights towards understanding tourism. This approach can...... to tourism are demonstrated: the general price competitiveness of the destination, tourism infrastructure and the provision of safety. The econometric models also confirm the relevance of other conventional explanatory factors of trade in services such as GDP per capita and internet usage. The last part...

  13. WORLD MERCHANDISE TRADE

    Directory of Open Access Journals (Sweden)

    Serghei MĂRGULESCU

    2017-05-01

    Full Text Available This article is mainly based on the most recent statistical data of the World Trade Organization and some aspects related to the evolution of world merchandise trade, in terms of volume and value, in 2015. The volume of world merchandise trade continued to grow slowly in 2015 while the dollar value of it declined sharply as exports fell 14 per cent to US$ 16 trillion, down from US$ 19 trillion in the previous year. It presents also the contribution of the volume change and of the change in unit values (which account for fluctuations in prices and exchange rates to the value trade growth (in current dollar terms. The discrepancy between trade growth in 2015 in terms of volume and value was mostly attributable to swings in commodity prices and exchange rates The course of economic globalization is also shortly looked on based on some data and considerations of Credit Suisse analysts. Three different scenarios were taken into account in this respect. First one in which globalization continues in the form we know it over the past thirty years, second one in which a multipolar world is a better representation of the state of affairs and third, a scenario in which globalization ends due to the rise of anti-globalization political movements. The second scenario seems to provide a better reflection of reality today, despite the fact that a certain slowdown is observable when taking into account the diminishing growth rate of physical trade, the slower penetration of foreign assets of the developed market companies and signs of reshoring of some business back home. Globalization remains intact in terms of consumption and marketing patterns, while companies seem more reluctant to invest abroad.

  14. Control of hydrogen sulfide emission from geothermal power plants. Volume III. Final report: demonstration plant equipment descriptions, test plan, and operating instructions

    Energy Technology Data Exchange (ETDEWEB)

    Brown, F.C.; Harvey, W.W.; Warren, R.B.

    1977-01-01

    The elements of the final, detailed design of the demonstration plant for the copper sulfate process for the removal of hydrogen sulfide from geothermal steam are summarized. Descriptions are given of all items of equipment in sufficient detail that they can serve as purchase specifications. The process and mechanical design criteria which were used to develop the specifications, and the process descriptions and material and energy balance bases to which the design criteria were applied are included. (MHR)

  15. Free Trade and Protectionism

    OpenAIRE

    Benoni DIMULESCU

    2008-01-01

    One of the most interesting debates in economics is about free trade and protectionism. The arguments in favor of both directions are described by the analysis of free trade case and protectionism case. These are based on the economists’ thoughts that, on a side, the state should not intervene in international flow of goods and services and, on another side, it should be created a system of tariffs, quotas and export subsidies in order to protect the national economy of each state in report w...

  16. GHGs and air pollutants embodied in China's international trade: Temporal and spatial index decomposition analysis.

    Directory of Open Access Journals (Sweden)

    Zhengyan Liu

    Full Text Available Temporal index decomposition analysis and spatial index decomposition analysis were applied to understand the driving forces of the emissions embodied in China's exports and net exports during 2002-2011, respectively. The accumulated emissions embodied in exports accounted for approximately 30% of the total emissions in China; although the contribution of the sectoral total emissions intensity (technique effect declined, the scale effect was largely responsible for the mounting emissions associated with export, and the composition effect played a largely insignificant role. Calculations of the emissions embodied in net exports suggest that China is generally in an environmentally inferior position compared with its major trade partners. The differences in the economy-wide emission intensities between China and its major trade partners were the biggest contribution to this reality, and the trade balance effect played a less important role. However, a lower degree of specialization in pollution intensive products in exports than in imports helped to reduce slightly the emissions embodied in net exports. The temporal index decomposition analysis results suggest that China should take effective measures to optimize export and supply-side structure and reduce the total emissions intensity. According to spatial index decomposition analysis, it is suggested that a more aggressive import policy was useful for curbing domestic and global emissions, and the transfer of advanced production technologies and emission control technologies from developed to developing countries should be a compulsory global environmental policy option to mitigate the possible leakage of pollution emissions caused by international trade.

  17. GHGs and air pollutants embodied in China's international trade: Temporal and spatial index decomposition analysis.

    Science.gov (United States)

    Liu, Zhengyan; Mao, Xianqiang; Song, Peng

    2017-01-01

    Temporal index decomposition analysis and spatial index decomposition analysis were applied to understand the driving forces of the emissions embodied in China's exports and net exports during 2002-2011, respectively. The accumulated emissions embodied in exports accounted for approximately 30% of the total emissions in China; although the contribution of the sectoral total emissions intensity (technique effect) declined, the scale effect was largely responsible for the mounting emissions associated with export, and the composition effect played a largely insignificant role. Calculations of the emissions embodied in net exports suggest that China is generally in an environmentally inferior position compared with its major trade partners. The differences in the economy-wide emission intensities between China and its major trade partners were the biggest contribution to this reality, and the trade balance effect played a less important role. However, a lower degree of specialization in pollution intensive products in exports than in imports helped to reduce slightly the emissions embodied in net exports. The temporal index decomposition analysis results suggest that China should take effective measures to optimize export and supply-side structure and reduce the total emissions intensity. According to spatial index decomposition analysis, it is suggested that a more aggressive import policy was useful for curbing domestic and global emissions, and the transfer of advanced production technologies and emission control technologies from developed to developing countries should be a compulsory global environmental policy option to mitigate the possible leakage of pollution emissions caused by international trade.

  18. International food trade reduces environmental effects of nitrogen pollution in China.

    Science.gov (United States)

    Shi, Yaxing; Wu, Shaohua; Zhou, Shenglu; Wang, Chunhui; Chen, Hao

    2016-09-01

    The globalization of agricultural trade has dramatically altered global nitrogen flows by changing the spatial pattern of nitrogen utilization and emissions at a global scale. As a major trading country, China uses a large amount of nitrogen, which has a profound impact on global nitrogen flows. Using data on food production and trade between China and 26 other countries and regions, we calculated nitrogen inputs and outputs in food production ecosystem in each country. We estimated nitrogen flows in international food trade and analyzed their impact on nitrogen pollution in China. We divided nitrogen flows into embodied and virtual nitrogen flows. Embodied nitrogen is taken up by the plant and incorporated into the final food product, whereas virtual nitrogen is lost to the environment throughout the food production process and is not contained in the final food product. Our results show that China mainly imports food products from America and Asia, accounting for 95 % of all imported food. Asia (mainly Japan) and Europe are the main exporters of food from China, with Japan and the EU accounting for 17 and 10 % of all exported food, respectively. Total nitrogen inputs and outputs in food production in China were 55,400 and 61,000 Gg respectively, which were much higher than in other countries. About 1440 and 950 Gg of embodied and virtual nitrogen respectively flow into China through the food trade, mainly from food-exporting countries such as the USA, Argentina, and Brazil. Meanwhile, 177 and 160 Gg of embodied and virtual nitrogen respectively flow out of China from the export of food products, mainly to Japan. China's net food imports have reduced 720 and 458 Gg for nitrogen utilization and outputs, respectively, which accounted for 1.3 and 0.78 % of total nitrogen inputs and outputs in China. These results suggest that food trade in China has a profound effect on nitrogen flows and has greatly reduced environmental impacts on nitrogen pollution in China.

  19. Trends in global CO2 emissions. 2013 Report

    Energy Technology Data Exchange (ETDEWEB)

    Olivier, J.G.J.; Peters, J.A.H.W. [PBL Netherlands Environmental Assessment Agency, Den Haag (Netherlands); Janssens-Maenhout, G. [Institute for Environment and Sustainability IES, European Commission' s Joint Research Centre JRC, Ispra (Italy); Muntean, M. [Institute for Environment and Sustainability IES, Joint Research Centre JRC, Ispra (Italy)

    2013-10-15

    This report discusses the results of a trend assessment of global CO2 emissions up to 2012 and updates last year's assessment. This assessment focuses on the changes in annual CO2 emissions from 2011 to 2012, and includes not only fossil-fuel combustion on which the BP reports are based, but also incorporates other relevant CO2 emissions sources including flaring of waste gas during gas and oil production, cement clinker production and other limestone uses, feedstock and other non-energy uses of fuels, and several other small sources. The report clarifies the CO2 emission sources covered, and describes the methodology and data sources. More details are provided in Annex 1 over the 2010-2012 period, including a discussion of the degree of uncertainty in national and global CO2 emission estimates. Chapter 2 presents a summary of recent CO2 emission trends, per main country or region, including a comparison between emissions per capita and per unit of Gross Domestic Product (GDP), and of the underlying trend in fossil-fuel production and use, non-fossil energy and other CO2 sources. Specific attention is given to developments in shale gas and oil production and oil sands production and their impact on CO2 emissions. To provide a broader context of global emissions trends, international greenhouse gas mitigation targets and agreements are also presented, including different perspectives of emission accounting per country. In particular, annual trends with respect to the Kyoto Protocol target and Cancun agreements and cumulative global CO2 emissions of the last decade are compared with scientific literature that analyses global emissions in relation to the target of 2{sup 0}C maximum global warming in the 21st century, which was adopted in the UN climate negotiations. In addition, we briefly discuss the rapid development and implementation of various emission trading schemes, because of their increasing importance as a cross-cutting policy instrument for mitigating

  20. Recent Trends in the EU Trade in Goods

    Directory of Open Access Journals (Sweden)

    Iulia Monica Oehler-Șincai

    2009-04-01

    Full Text Available The purpose of the present paper is to gauge the main trends in the evolution and structure of the EU trade in goods, mainly after 2004, starting from a quantitative analysis and comparing trends in the trade in goods with trends in the trade in services, where necessary. We focus on the trade of the EU-27 as a group, but we stress the differences and similarities between the old member states (EU- 15 and the new member states (NMS as well. Structured in seven parts, the paper reveals several noteworthy conclusions. Firstly, the EU remains the world trade leader; nevertheless, its market shares have been diminishing in the recent years, both in the export and import flows, due to a complex of factors. Secondly, the NMS shares in the EU trade flows have been growing; yet, the NMS shares in the exports and imports of the EU-27 remain at a very low level. Besides, the normalized trade balance of the NSM, compared with that of the EU-15 underlines the different competitive advantages of the two groups. Thirdly, the trade deficit of the EU-27 continues to deepen (the extra-EU trade deficit tripled in 2004-2008; however, there are significant differences between the manufactures trade balance (with large surpluses and the commodities trade balance (with a deficit that doubled between 2004 and 2008. Fourth, the paper points out that the extra-EU exports and the imports are dominated by the manufactures; however the share of manufactures in the import flows is much smaller than that in the export flows. Finally, the present analysis traces evidence of the major impact of the global financial and economic crisis on the EU trade flows and the first signs of recovery.