The Carbon Emission Liability Mechanism : A New Solution for Global Carbon Neutrality / by Baoming Yang.

Format:

Book

Author/Creator:

Yang, Baoming, Author.

Series:

Economics and Finance Series

Language:

English

Subjects (All):

Power resources.

Environmental economics.

Resource and Environmental Economics.

Local Subjects:

Resource and Environmental Economics.

Physical Description:

1 online resource (XXXII, 511 p. 44 illus., 18 illus. in color.)

Edition:

1st ed. 2025.

Place of Publication:

Singapore : Springer Nature Singapore : Imprint: Springer, 2025.

Summary:

This open access book presents a novel Carbon Emission Liability Mechanism (CELM) and an integrated global Carbon Pricing Mechanism, based on a comprehensive analysis of the evolution of economic theory related to global climate change and the practice of carbon pricing instruments over the past 30 years. It further outlines a top-level design and implementation blueprint global based on CELM to achieve global carbon neutrality. For the first time, the CELM mechanism effectively addresses the three fundamental questions regarding carbon emissions: who should be liable for carbon emission, how much liability, and how to offset it. The introduction of CELM may unveil a feasible third path towards global carbon neutrality, and effectively address numerous challenges of carbon tax and Emission Trading System. CELM facilitates the creation of an efficient, cost-effective and comprehensive societal carbon footprint database, and addresses issues related to international carbon border regulation mechanism. While the world is struggling to tackcle the imminent climate crisis, CELM offers a refreshing global carbon neutrality solution, with its characteristics of more fair, more efficient, and less expensive, bringing new alternative options for the international community.

Contents:

Goals, Progress, Issues and Challenges of Global Carbon Neutrality

Philosophical, Sociological and Legal Discussions on Global Climate Issues

Current Development and Practice of Climate Change Economics

The Origin of Global Climate Issues

New Carbon Emission Liability Mechanism

National Decarbonization System and Implementation Plan Based on CELM

Carbon Ticket Management System (CTMS)

Negative Carbon Market

Operation Analysis of CELM Decarbonization System

Global Carbon Neutrality Solutions

Macroeconomic Effects of CELM System Implementation: An evidence from China

The Necessity, Feasibility and Urgency of Implementing the CELM System in China.-Suggestions on Dual Carbon Policy and Action to the Chinese Government

Principles of New Public Goods

Frequently Asked Questions (FAQ) for CELM Theory and Solutions

Afterword: The Greatest Truth Lies in a Precise and Straightforward Pathway

Acknowledgements

Reference

Appendix.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

981-9636-12-4

OCLC:

1521615593