Arbeitspapier

An overview of carbon markets and emissions trading: Lessons for Canada

The author provides an overview of carbon markets and explains how emissions trading can be important in encouraging the reduction of CO2 emissions in an efficient manner. He describes the key steps in establishing a cap-and-trade system, and reviews the European experiences with emissions trading. He highlights the lessons learned from the EU Emissions Trading System on how to design a market that operates efficiently and effectively. By learning from the experience of other countries, Canada can avoid the uncertainty and volatility witnessed in carbon markets abroad while benefiting from an efficient trading mechanism that contributes to the welfare of all Canadians.

Sprache
Englisch

Erschienen in
Series: Bank of Canada Discussion Paper ; No. 2008-1

Klassifikation
Wirtschaft
Economic History: Agriculture, Natural Resources, Environment, and Extractive Industries: General, International, or Comparative
Renewable Resources and Conservation: Demand and Supply; Prices
Thema
International topics
Market structure and pricing
Umweltpolitik
Kohlenstoff
Kohlendioxid
Emissionshandel
Wirkungsanalyse
USA
EU-Staaten
Kanada

Ereignis
Geistige Schöpfung
(wer)
King, Michael R.
Ereignis
Veröffentlichung
(wer)
Bank of Canada
(wo)
Ottawa
(wann)
2008

DOI
doi:10.34989/sdp-2008-1
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • King, Michael R.
  • Bank of Canada

Entstanden

  • 2008

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