Europe carbon-emissions-trading

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]

Europe carbon-emissions-trading

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Europe carbon-emissions-trading