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The Carbon Market Challenge

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The Carbon Market Challenge
Open Access

The Carbon Market Challenge

Preventing Abuse Through Effective Governance
Regina Betz, Zurich University of Applied Sciences
Axel Michaelowa, Universität Zürich
Paula Castro, Zurich University of Applied Sciences
Raphaela Kotsch, Universität Zürich and Zurich University of Applied Sciences
Michael Mehling, Massachusetts Institute of Technology and University of Strathclyde
Katharina Michaelowa, Universität Zürich
Andrea Baranzini, University of Applied Sciences and Arts of Western Switzerland
October 2022
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9781009216470
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    Description

    Carbon markets – both emission trading systems and baseline and credit systems – are an increasingly common policy instrument being introduced to address climate change mitigation. However, their design is crucial to ensure that they deliver cost-effective emission reductions while maintaining environmental integrity. This Element puts together a comprehensive, principle-based overview of the risks and abuses to environmental integrity and cost effectiveness that have emerged for carbon markets at all jurisdictional levels around the world, provides concrete examples, and offers effective policy and governance solutions to overcome such risks. This title is also available as Open Access on Cambridge Core.

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    September 2022
    Adobe eBook Reader
    9781009216463
    0 pages
    This ISBN is for an eBook version which is distributed on our behalf by a third party.

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    Contents

    Table of Contents

    • 1. An Introduction to Carbon Markets
    • 2. Towards a Principle-Based Assessment of Regulatory Frameworks for Carbon Markets
    • 3. Baseline-and-Credit Systems
    • 4. Cap-and-Trade Systems
    • 5. Cross-Cutting Risks
    • 6. Towards Effective Market Oversight.
      • Show more
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    Additional Information
    About the authors
      Authors
    • Regina Betz , Zurich University of Applied Sciences
    • Axel Michaelowa , Universität Zürich
    • Paula Castro , Zurich University of Applied Sciences
    • Raphaela Kotsch , Universität Zürich and Zurich University of Applied Sciences
    • Michael Mehling , Massachusetts Institute of Technology and University of Strathclyde
    • Katharina Michaelowa , Universität Zürich
    • Andrea Baranzini , University of Applied Sciences and Arts of Western Switzerland

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