Search

Short-lived climate pollutants (SLCPs), including methane, black carbon, hydrofluorocarbons, and tropospheric ozone, have become part of climate policy debates. Discussion has revolved around the potential of their mitigation to slow down global warming in the short term and bring about co-benefits, for instance, for air quality and public health. This book provides the first comprehensive analysis of global SLCP law and governance. A diverse array of contributors delves into the science and evolution of the concept of SLCPs, analyses the legal and governance responses developed under various international and transnational arenas, and discusses selected sectoral case studies.

Greenhouse gas concentrations are rapidly increasing and pathways to limit global warming require fundamental economic transitions. Green Deals in the Making addresses the challenges and opportunities associated with the implementation of Green Deals, in particular the use of market-based instruments.Expert contributors shed light on the complexities arising for the implementation of Green Deals in times of the context of the ongoing Covid-19 pandemic, which puts considerable strains on national economies. Chapters present theory and empirical analysis of green pricing instruments and national experiences, assessing the critical issue of finance and recycling carbon tax revenue. The book concludes with an analysis of key issues relating to circular economy considerations and plastics in achieving Green Deal goals. A critical analysis of important topics is presented including green fiscal reform, carbon taxation and sustainable urbanism.This timely book will be of great interest to researchers, students and scholars interested in environmental policy, tax and law, as well as the industry sector, policy makers and government officials.

Carbon markets involve complex governance challenges, such as ensuring transparency of emissions, facilitating as well as recording transactions, overseeing market activity and preventing abuse. Conventionally, these have been addressed with a combination of regulatory, procedural and technical structures that impose significant burdens on market participants and administrators while remaining vulnerable to system shocks and illicit practices. Distributed Ledger Technology (DLT) has the potential to address these problems. This volume offers the first book-length exploration of how carbon markets can be governed using DLT, offering conceptual and theoretical analysis, practical case studies, and a roadmap for implementation of a DLT-based architecture in major existing and emerging carbon markets. It surveys existing expertise on distributed ledger technology, provides progress updates from industry professionals, and shows how this technology could offer a cost-effective and sustainable solution to double-counting and other governance concerns identified as major challenges in the implementation of carbon markets.

In Reconsidering REDD+: Authority, Power and Law in the Green Economy, Julia Dehm provides a critical analysis of how the Reducing Emissions from Deforestation and Forest Degradation (REDD+) scheme operates to reorganise social relations and to establish new forms of global authority over forests in the Global South, in ways that benefit the interests of some actors while further marginalising others. In accessible prose that draws on interdisciplinary insights, Dehm demonstrates how, through the creation of new legal relations, including property rights and contractual obligations, new forms of transnational authority over forested areas in the Global South are being constituted. This important work should be read by anyone interested in a critical analysis of international climate law and policy that offers insights into questions of political economy, power, and unequal authority.

The supreme challenge of our time is tackling climate change. We urgently need to curtail our use of fossil fuels – but how can we do so in a just and feasible way? In this compelling book, leading economist James Boyce shows that the key to solving this conundrum is to put a limit on carbon emissions, thereby raising the price of fossil fuels and generating strong incentives for clean energy. But there is a formidable hurdle: how do we secure broad public support for a policy that increases fuel costs for consumers? Boyce powerfully argues that carbon pricing can be made just and politically durable only if linked to returning the revenue to the public as carbon dividends. Founded on the principle that the gifts of nature belong to us all, not to corporations or governments, this bold reform could spark a twenty-first-century clean energy revolution. Essential reading for all concerned citizens, policy-makers, and students of public policy and environmental economics, this book will be a transformative contribution to one of the most important policy debates of our era.

This book analyses the topical and contentious issue of the human rights impacts associated with carbon projects, especially in developing countries. It outlines a human rights-based approach to carbon finance as a functional framework for mainstreaming human rights into the design, approval, finance and implementation of carbon projects. It also describes the nature and scope of carbon projects, the available legal options for their financing and the key human rights issues at stake in their planning and execution. Written in a user-friendly style, the proposal for a rights-based due diligence framework through which human rights issues can be anticipated and addressed makes this book relevant to all stakeholders in carbon, energy, and environmental investments and projects.

In 2012, Australia took the major step of introducing a carbon price, involving the creation of a system of emissions permits initially issued at a fixed price. Carbon Pricing brings together experts instrumental in the development, and operation, of Australia's carbon policy who have played a significant role in the broader debate over climate change policy. Together they have achieved an in-depth analysis of Australia s policy stance on pricing carbon and its implications for the wider economy.While the future of carbon pricing is itself unclear in Australia, the experiences, insights and conclusions outlined herein will prove invaluable to a global audience. The assessment of the initial operation of the carbon price provides a wide range of insights into the problems of mitigating climate change, and the prospects for the future. The critical analysis will provide a valuable resource to inform wider international debates concerning alternative mechanisms for internalizing the carbon externality, tax reform, climate skepticism and carbon farming initiatives.With its interdisciplinary approach, Carbon Pricing, will appeal to scholars and researchers of economics in general and climate change, natural resources and energy policy in particular. Those organizations and policymakers involved in similar experiments and processes in other countries will find the experiences and analysis invaluable.Contributors include: D. Adamson, M. Battaglia, W.P. Bell, D. Besley, J. Cook, C. Downie, J. Foster, J. Freebairn, R. Garnaut, S. Grant, M. Harris, S. Kennedy, M. Keogh, T. Mallawaarachchi, R. Nelson, D. Quiggin, J. Quiggin, P. Wild, S. Writer

Emerging from the scientific parameters underpinning REDD+ (including the measurement of carbon stocks, reporting and verification), Law, Tropical Forests and Carbon considers the crucial challenges for global and national governance and the legal rights and interests of indigenous people and local communities, all of which have fundamental implications for development and poverty alleviation. With contributions from leading experts in the fields of law, governance, science, development studies and geography, it sheds light on the complexity of REDD+ and offers perspectives on the extent to which REDD+ agreements can be enforced under international law and in concert with new private and public domestic institutions.

This original and timely volume provides unique insights and analysis on the pressing question of how to achieve environmental sustainability while fostering economic growth. The emphasis of the book lies in finding critical solutions to global climate change including chapters on environmental fiscal reform and unemployment in Spain, EU structural and cohesion policy and sustainable development, ecological tax reform in Europe and Asia, Australia's carbon pricing mechanism, and many other timely topics.This insightful volume will appeal to policymakers in government as well as academics and students in environmental law, environmental economics and environmental sustainability. Contributors: E. de Lemos Pinto Aydos, B. Bahn-Walkowiak, C.M. Black, B. Butcher, A.F. Carbo Lugo, F. Carraro, J. Cottrell, M. Escapa, C. Ge, M. Gonzalez-Eguino, J.I. Gorospe-Oviedo, F. Habermacher, Y. Ito, L. Kreiser, T.-Y. Lee, C. Lenz, A. Lerch, X. Li, X. Liu, A. Majocchi, A. Markandya, A.I. Mateos-Ansotegui, E. Meyer, D.C. Perez Bustamante, Y. Ren, S. Rudolph, P. Schepelmann, H. Sprohge, K. Sudo, S. Suk, R. Tavallali, A. Usubiaga, B. Volmert, J. Wang, M. Xue, A. Yabar Sterling, A. Zatti

In Carbon Trading Law and Practice, author Scott D. Deatherage provides practitioners with a comprehensive practical guide to the US and international practice of carbon emissions trading. The book includes a comprehensive examination of state, federal, and international climate change and greenhouse gas laws and regulations, emissions trading, international and EU law, other reduction programs, carbon credit projects and financing, climate change disclosure, and the US regulatory regime for greenhouse gas regulation and emissions trading. The book also provides a detailed description of the development and current status of greenhouse gas regulations in the United States, and the current state of affairs in terms of US carbon markets. The use of market-based systems as a means of regulating emissions and other environmental pollution or degradation is a growing phenomenon. As nations and states appear to be responding to scientific pronouncements regarding the existence and causes of climate change, environmental markets appear to be one of the main tools that will be used to address greenhouse gas emissions. Carbon Trading Law and Practice provides the fundamental explanation and the underlying legal systems and issues that serve to create and sustain carbon credit creation and the trading of these credits, and a series of related legal and business issues.

Energy and Environmental Project Finance Law and Taxation: New Investment Techniques provides practitioners with a useful and comprehensive discussion of energy and environmental project finance as it is developing and where it is going in light of new legal and tax rules. This is the first time that internationally recognized lawyers and economists share their knowledge, expertise, and insights in this important and growing industry. Energy and Environmental Project Finance Law and Taxation examines cutting edge techniques and analyses the recent tax and legal developments coming out of Washington, all of which are revolutionizing the investment in and financing of energy and environmental projects. Written for practitioners and laymen alike, Energy and Environmental Project Finance Law and Taxation arms the reader with crucial knowledge about structuring and financing conventional, renewable, green financing, and alternative energy projects. It addresses carbon financing, green power, and traditional and new technologies, including nuclear power, wind, photovoltaic, solar, geothermal, biomass, and the new generation of nuclear power. This book also addresses the risks involved in structuring and financing these new technologies; ways to hedge these risks; and how to monetize the tax credits available for renewable energy projects.

Since 2005 the carbon market has grown to a value of nearly $100 billion per annum. This new book examines all the main legal and policy issues which are raised by emissions trading and carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the regional emission trading scheme in the EU and emerging schemes in the US, Australia, and New Zealand. The Parties to the 1992 UN Framework Convention are in the process of negotiating a successor regime to the 1997 Kyoto Protocol whose first commitment period ends in 2012. As scientists predict that the threat of dangerous climate change requires much more radical mitigation actions, the negotiations aim for a more comprehensive and wide ranging agreement which includes new players - such as the US - as well as taking account of new sources (including aircraft emissions) and new mechanisms such as the creation of incentives for reducing emissions from deforestation and forest degradation. This volume builds on the success of the editors'previous volume published by OUP in 2005: Legal Aspects of Implementing the Kyoto Protocol Mechanisms: Making Kyoto Work, which remains the standard work of reference for legal practitioners and researchers on carbon finance and trading under the Kyoto Protocol.