Linking of Emissions Trading Schemes

  • Mehling M
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Abstract

The evidence already available from the Kyoto process - and other fields - is that countries (and their electorates) simply do not regard paying money abroad for abatement as an acceptable substitute for doing it at home: nor, conversely, may they see it acceptable to have domestic carbon prices driven up due to linking with a more ambitious region, and in effect to have domestic carbon and energy prices so strongly influenced by decisions outside their jurisdiction.

Author-supplied keywords

  • Carbon markets
  • Legal aspects
  • Linking
  • Market link
  • Trading link

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Authors

  • Michael Mehling

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