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Carbon Emissions Trading EU Environmental Policy
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The Emissions Trading Scheme ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pressure to reduce C02 emissions The USA has the highest per capita emissions of carbon but China and India and other Asian countries have huge populations – putting increased pressure on carbon emissions
20-20-20 ,[object Object],[object Object],[object Object],[object Object]
Trading the right to pollute ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Carbon Trading – assets and liabilities ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Clean Development Mechanism ,[object Object],[object Object]
Weaknesses - Fools Gold? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The fool’s gold of carbon trading
Negative Externalities and Market Failure Price Quantity Private Optimal Output Marginal private cost (supply) Marginal private benefit (demand) Marginal social cost (supply) Social Optimal Output Efficiency   Loss
Evaluating the alternatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank you

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Europe carbon-emissions-trading

  • 1. Carbon Emissions Trading EU Environmental Policy
  • 2.
  • 3.
  • 4. Pressure to reduce C02 emissions The USA has the highest per capita emissions of carbon but China and India and other Asian countries have huge populations – putting increased pressure on carbon emissions
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. Negative Externalities and Market Failure Price Quantity Private Optimal Output Marginal private cost (supply) Marginal private benefit (demand) Marginal social cost (supply) Social Optimal Output Efficiency Loss
  • 11.