Proceedings of International Forestry and Environment Symposium | VOL. 12
Read

Emission Trading As Green Solution: Legal Perspective

Publication Date Apr 23, 2012

Abstract

The present study throws light on the usefulness of Emission Trading as Green Solution in present scenario. Emission trading principle initiated from the technocracy movement which proposed Energy Accounting System in 1930s. Now this is recognized as Emission Trading in Kyoto Protocol which came into force on February 16th, 2005. The obligations of signatory countries are: Reduction of emission of Green House Gases (hereinafter GHGs) notified in Annex-I of Kyoto Protocol and engaging in emission trading if the signatory nations maintain or increase the emission of GHGs. Emission trading brings flexibility to this strict obligation. It aims at achieving the mandate of emission limitation for reduction of GHGs in the signatory nations. It is a cap and trade system under Kyoto. ‘Cap’ is the limit (national level commitments) which is set by the government agency on the amount of emission of the notified pollutants. The pollutant emit ters are required to hold equivalent number of credits or allowances representing the right to emit a specific amount, so that the amount of credits should not exceed the cap. Kyoto has classified signatory countries into two categories, firstly, Annex-I countries (developed countries), which accept GHGs reduction obligations and have to submit Greenhouse Gas Inventory (hereinafter GGI) and non-Annex-I countries (developing countries), which have no GHG emis sion reduction obligations and may participate in Clean Development Mechanism (hereinafter CDM). Thus, emission trading is carried out by Anne...

Concepts

Annex-I Countries Emission Trading Green Solution Commitment Period Kyoto Protocol Obligations Clean Development Mechanism Kyoto Protocol Technocracy Movement Amount Of Credits Signatory Nations

Round-ups are the summaries of handpicked papers around trending topics published every week. These would enable you to scan through a collection of papers and decide if the paper is relevant to you before actually investing time into reading it.

Coronavirus Research Articles published between Sep 26, 2022 to Oct 02, 2022

R DiscoveryOct 03, 2022
R DiscoveryArticles Included:  5

Introduction: Test solutions (Biotrue, renu Advanced [Bausch and Lomb], ACUVUE RevitaLens [Johnson and Johnson Vision], cleadew [Ophtecs corp.] or AOS...

Read More

Good health Research Articles published between Sep 26, 2022 to Oct 02, 2022

R DiscoveryOct 03, 2022
R DiscoveryArticles Included:  2

Patient and public involvement in health care is considered indispensable in the way we conduct daily pediatric neurology practice, and in the develop...

Read More

Quality Of Education Research Articles published between Sep 26, 2022 to Oct 02, 2022

R DiscoveryOct 03, 2022
R DiscoveryArticles Included:  5

Ingenta is not the publisher of the publication content on this website. The responsibility for the publication content rests with the publishers prov...

Read More

Gender Equality Research Articles published between Sep 26, 2022 to Oct 02, 2022

R DiscoveryOct 03, 2022
R DiscoveryArticles Included:  3

Introduction: As of early March 2022, the COVID-19 pandemic has killed more 5.9 million people worldwide, and infected more than 437 million.

Read More

Coronavirus Pandemic

You can also read COVID related content on R COVID-19

R ProductsCOVID-19

ONE PROBLEM . ONE PURPOSE . ONE PLACE

Creating the world’s largest AI-driven & human-curated collection of research, news, expert recommendations and educational resources on COVID-19

COVID-19 Dashboard

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on “as is” basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The Copyright Law.