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.
- Language
-
Englisch
- Bibliographic citation
-
Series: Bank of Canada Discussion Paper ; No. 2008-1
- Classification
-
Wirtschaft
Economic History: Agriculture, Natural Resources, Environment, and Extractive Industries: General, International, or Comparative
Renewable Resources and Conservation: Demand and Supply; Prices
- Subject
-
International topics
Market structure and pricing
Umweltpolitik
Kohlenstoff
Kohlendioxid
Emissionshandel
Wirkungsanalyse
USA
EU-Staaten
Kanada
- Event
-
Geistige Schöpfung
- (who)
-
King, Michael R.
- Event
-
Veröffentlichung
- (who)
-
Bank of Canada
- (where)
-
Ottawa
- (when)
-
2008
- DOI
-
doi:10.34989/sdp-2008-1
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- King, Michael R.
- Bank of Canada
Time of origin
- 2008
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