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Pricing Carbon Emissions : Economic Reality and Utopia.

Bibliographic Details
Main Author: Verbruggen, Aviel.
Format: eBook
Language:English
Published: Milton : Taylor & Francis Group, 2023.
Edition:1st ed.
Series:Routledge Explorations in Environmental Economics Series
Subjects:
Electronic books.
Online Access:Click to View
Table of Contents:
  • Cover
  • Half Title
  • Title Page
  • Copyright Page
  • Dedication
  • Table of Contents
  • List of figures
  • List of tables
  • Acknowledgements
  • About the author
  • Preface
  • Executive summary
  • Roadmap of the book
  • Acronyms
  • Chapter 1: Introduction
  • 1.1: The scene of climate and energy policy, carbon pricing and emissions trading
  • 1.2: EU-ETS history in a nutshell
  • 1.3: Some economic concepts behind carbon pricing
  • 1.4: Equal impact of emitted CO2-eq. molecules is no argument for uniform pricing
  • 1.5: Recommendation
  • Chapter 2: Diversity disqualifies Global Uniform Carbon Pricing for effective climate policy
  • 2.1: Introduction
  • 2.2: The concept of diversity and its implications for policy
  • 2.3: Amalgamation versus specificity
  • 2.4: Global uniform carbon pricing: discourse and performance
  • 2.5: Conclusion
  • Chapter 3: Anatomy of emissions trading systems: What is the EU ETS?
  • 3.1: Introduction
  • 3.2: Goals of EU policy (component i)
  • 3.3: Allocation of tradable emissions permits (component iv)
  • 3.4: Carbon emissions prices (component iii)
  • 3.5: Costs of abatement (component ii)
  • 3.6: Linking the four components of ETS
  • 3.7: Wrap-up
  • Chapter 4: What could the EU ETS founders learn from US SO2 emissions permit trade?
  • 4.1: Introduction
  • 4.2: Differences between US SO2 and EU CO2 emissions permit markets
  • 4.3: Salient characteristics of the US acid rain programs
  • 4.4: Choices made by the architects of the EU ETS
  • 4.5: Concluding reflections
  • Chapter 5: Early European experience with Tradable Green Certificates neglected by EU ETS architects
  • 5.1: Introduction
  • 5.2: Directive 2001/77/EC on the promotion of electricity produced from RE sources
  • 5.3: Flanders market construct for Tradable Green Certificates
  • 5.4: Flanders TGC experiment holds important lessons.
  • 5.5: The EC's formal evaluation of RE support instruments (EC 2005)
  • 5.6: Conclusions
  • Chapter 6: Critique on price induced technological innovation and on fringe pricing
  • 6.1: Introduction
  • 6.2: Corporate strategy maximizes financial returns
  • 6.3: Pricing carbon emissions and industrial firm's likely reactions
  • 6.4: The gap between 'marginal cost pricing' and 'fringe pricing'
  • 6.5: The impact of higher EU ETS permit prices
  • 6.6: Concluding considerations
  • Chapter 7: A political economy of the EU ETS
  • 7.1: Introduction
  • 7.2: Climate policy in the 3rd millennium
  • 7.3: Actors on the EU ETS scene
  • 7.4: The EU ETS policy arena
  • 7.5: Permits trading in artificial markets
  • 7.6: Economics critique on the EU ETS
  • 7.7: Bewildering EU ETS discourse
  • Chapter 8: From evaluation to a well thought-out 'Act Now'
  • 8.1: Issues on carbon pricing (CP)
  • 8.2: Climate policy and 'Act Now' transformations
  • Annex A: Environmental policy-making and carbon pricing
  • Annex B: Cost-benefit analysis in the context of climate change
  • Annex C: Cost-effectiveness and diversity of emitting sources
  • Annex D: The German feed-in-tariff (FIT): Successful financial incentive
  • Annex E: Ageing electricity economics: Marginal cost pricing ↔ fringe pricing
  • References
  • Index.

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