One of the main objectives of the European Union Emission Trading Scheme is the
establishment of a market price level for allowances that show to European CO2 emitting …

This paper gathers results from 25 models of the market for tradable greenhouse gas (GHG)
emission permits under the Kyoto Protocol. Due to diverging projections of emissions growth …

The European Union's Emissions Trading Scheme (ETS) is the key policy instrument of the
European Commission's Climate Change Program aimed at reducing greenhouse gas …

Most carbon on Earth is bound within minerals, and increasing the uptake of atmospheric
carbon dioxide into minerals may reduce the greenhouse gas content of the atmosphere …

As a result of the allocation of emissions reductions, and the differential willingness of
countries to ratify, it turns out that Russia is a central player in the Kyoto Protocol. With the …

The objective of this book is to analyze the institutional barriers to implementing market-
based climate policy, as well as to provide some opportunities to overcome them. The …

Enterprise Risk Management in Finance is a guide to measuring and managing Enterprise-
wide risks in financial institutions. Financial institutions operate in a unique manner when …

Due to the increasing concern about environmental issues, carbon emission exchange as a
market-driven reduction approach has gained widespread attention in recent years. In this …

Since the signing of the Kyoto Protocol in December 1997, several authors have computed
the costs of reducing greenhouse gas emissions by the amount specified in the Protocol …

This paper provides an updated state of art in the literature on carbon permits as inputs and
financial assets. Analyses refer to the operation of the European market for allowances in …