Emission Permit Trading

Poulomi Khasnobis, S. Niyogi
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Abstract

After the Kyoto Protocol, the new concept of carbon trading emerged. The carbon emission can be controlled by cap and tax system. Cap and trade is the permit that determines the maximum amounts of carbon emission. Carbon tax is imposed on amount of carbon emission. Other instruments of carbon emission are border adjustment and cash payment. Carbon permit is determined by market mechanism through demand and supply. Generally, there are two types of markets: regulated and voluntary. The chapter analyzes mechanisms and discusses the mitigating policies like Kyoto Protocol and tries to examine all aspects related to carbon leakage. The developed countries import carbon-intensive goods. Underdeveloped countries produce and export carbon-intensive goods. In this study, the authors show the prospect of carbon trading and various effects of carbon emission reduction policies on a theoretical framework.
排污许可证交易
《京都议定书》之后,出现了碳交易的新概念。碳排放可以通过总量控制和税收制度来控制。限额与交易是一种决定碳排放量上限的许可。碳税是根据碳排放量征收的。碳排放的其他手段有边界调整和现金支付。碳排放许可是由市场机制通过供求关系决定的。一般来说,有两种类型的市场:受管制的和自愿的。这一章分析了机制,讨论了京都议定书等缓解政策,并试图检查与碳泄漏有关的各个方面。发达国家进口碳密集型产品。欠发达国家生产和出口碳密集型产品。在本研究中,作者在一个理论框架上展示了碳交易的前景和碳减排政策的各种影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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