Global Carbon Trading: a Framework for Reducing Emissions

The UK’s Department of Energy and Climate Chnage has released a report on global cap and trade: “Global Carbon Trading: a Framework for Reducing Emissions.”

http://www.decc.gov.uk/Media/viewfile.ashx?FilePath=What we do\Global climate change and energy\Tackling Climate Change\Emissions Trading\Lazarowicz report\1_20090720094330_e_@@_GlobalCarbonTradingaframeworkforreducingemissions.pdf&filetype=4

Table of Contents

INTRODUCTION

THE CURRENT FRAMEWORK

LONG-TERM FRAMEWORK FOR CARBON TRADING

NATIONAL TARGETS IN DEVELOPED COUNTRIES

EMISSIONS TRADING

DEVELOPING COUNTRIES – A PHASED APPROACH

GOVERNANCE AND INSTITUTIONS

CAPACITY BUILDING

CONCLUSIONS

ANNEX A: SECTOR SUMMARIES:

Power Industry Forestry Agriculture Surface transport International shipping International aviation Buildings Waste

ANNEX B: EMISSION TRAJECTORIES IN THE TRANSITION PERIOD

ANNEX C: CAP AND TRADE IN PRACTICE – THE ACID RAIN PROGRAMME

ANNEX D: GLOBAL CARBON FINANCE MODEL

ANNEX E: CURRENT AND PROPOSED EMISSIONS TRADING SYSTEMS

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