Carbon markets, institutions, policies, and research / Donald F. Larson, Philippe Ambrosi, Ariel Dinar, Shaikh Mahfuzur Rahman, Rebecca Entler Larson, Donald F

User activity

Share to:
View the summary of this work
Creator
Larson, Donald F
Appears In
Carbon Markets, Institutions, Policies, and Research
Subjects
Emissions trading.; Air pollution -- Surveys; Environmental economics.
Audience
Trade
Summary
"The scale of investment needed to slow greenhouse gas emissions is larger than governments can manage through transfers. Therefore, climate change policies rely heavily on markets and private capital. This is especially true in the case of the Kyoto Protocol with its provisions for trade and investment in joint projects. This paper describes institutions and policies important for new carbon markets and explains their origins. Research efforts that explore conceptual aspects of current policy are surveyed along with empirical studies that make predictions about how carbon markets will work and perform. The authors summarize early investment and price outcomes from newly formed markets and point out areas where markets have preformed as predicted and areas where markets remain incomplete. Overall the scale of carbon-market investment planned exceeds earlier expectations, but the geographic dispersion of investment is uneven and important opportunities for abatement remain untapped in some sectors, indicating a need for additional research on how investment markets work. How best to promote the development and deployment of new technologies is another promising area for study identified in the paper. "--World Bank web site.
Bookmark
http://trove.nla.gov.au/work/259360
Work ID
259360

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this work

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this work

Add a comment


Show comments and reviews from Amazon users