Effective global carbon markets : networked emissions trading using disruptive technology / Justin D. Macinanate.

Format:

Book

Author/Creator:

Macinante, Justin D., author.

Contributor:

Edward Elgar Publishing, publisher.

Series:

Elgar studies in climate law.

Elgar studies in climate law

Language:

English

Subjects (All):

Global warming--Law and legislation.

Emissions trading--Law and legislation.

Carbon taxes--Law and legislation.

Carbon dioxide mitigation--Law and legislation.

Environmental law, International.

Climate change mitigation--Technological innovations.

Climate change mitigation.

Climate change mitigation--Economic aspects.

Emissions trading.

Carbon offsetting.

Physical Description:

1 online resource (264 pages).

Place of Publication:

Northampton : Edward Elgar Publishing, 2020.

Summary:

"As numerous jurisdictions implement emissions mitigation mechanisms that put a price on carbon, this incisive book explores the emerging emissions markets and their diverse and fragmented nature. It proposes an innovative model for connecting such markets, offering a significantly more successful and expeditious achievement of climate policy objectives. Justin D. Macinante proposes distributed ledger technology to foster fluid markets that price carbon emissions more effectively, achieve greater scale and efficiency, and are less susceptible to manipulation. He investigates the applicable regulatory frameworks, technology design issues and governance structures for the model proposed for networking emissions trading schemes within the context of the Paris Agreement. Providing a plausible and viable mechanism to achieve desired policy outcomes with economic, political and environmental benefits, Effective Global Carbon Markets will be a key resource for practitioners, policy makers and consultants alike, as well as being of value to scholars and students engaged with environmental and energy law, climate change and environmental economics"-- Provided by publisher.

Contents:

Contents: Part I. Introductory matters and background

1. Introduction to effective global carbon markets

2. Background: The problem of and response to climate change

Part II. The carbon market from three perspectives

3. Compartmentalisation of the carbon market

4. The nature of what is traded in the carbon market

5. Carbon market diversity and reasons to connect

Part III.

6. The networked market on distributed ledger technology - concept and theory

7. Practical implementation of the proposed networked market

Part IV. Analysis of the proposal

8. Governance structure for the networked market

9. Analysis of the networked market - legal issues

Part V. Concluding matters

10. Conclusions on effective global carbon markets

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9781839109485

1-83910-948-3