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Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and Beyond, 2009  $261.50 

 

Edited by David Freestone and Charlotte Streck

Since 2005 the carbon market has grown to nearly $100 billion per annum. This new book examines all the main legal issues which are raised by this explosion of what is now called carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the EU Emissions Trading Scheme (ETS) that is in the process of reform and other national and voluntary schemes.

The Parties to the 1992 UN Framework Convention are in the process of negotiating a successor regime to the 1997 Kyoto Protocol whose commitment period ends in 2012. As scientists predict that the threat of dangerous climate change requires much more radical mitigation actions, the negotiations aim for a more comprehensive and wide ranging agreement which includes new players - such as the US - as well as taking account of new sources (such as aircraft emissions) and new mechanisms such as Reducing Emissions through Deforestation and Degradation (REDD). This volume will cover the legal aspects of these schemes, including current proposals for US actions.

This volume builds on the success of the editors' previous volume published by OUP in 2005: Legal Aspects of Implementing the Kyoto Protocol Mechanisms: Making Kyoto Work, which remains the standard work of reference for legal practitioners and researchers on carbon finance and trading under the Kyoto Protocol.

Contents:

I. Introduction

1: David Freestone: UNFCCC/Kyoto regimes/growth of carbon trading/sequestration/Bali road map and post-Kyoto negotiation

II. General Issues

2: Thiago Chagas, Charlotte Streck, Matthieu Wemaere: Legal ownership and nature of allowances and carbon rights

3: Allan Cook: Accounting for Emission Reductions: From Costless Activity to Market Operations

4: Markus Gehring, Marie-Claire Cordonnier Segger: Trade and Investment Implications of Carbon Trading for Sustainable Development

5: Maria Netto, Kai-Uwe Schmidt: Institutional requirements to implement ET: registries

6: Michael Mehling: Linking of Emissions Trading Schemes

7: Jolene Lin: Private Actors in International and Domestic Emissions Trading Schemes

III. The Kyoto Protocol Mechanisms

8: Rutger de Witt Wijnen, Sander Simonetti: International Emissions Trading and Green Investment Schemes

9: Matthias Krey, Heike Santen, Daisuke Hayashi: Trying to catch up with the Executive Board - the challenge of CDM rule interpretation by project developers

10: Axel Michaelowa: Interpreting additionality of CDM projects: Changes in additionality definitions and regulatory practices over time

11: Jelmer Hoogzaad, Charlotte Streck: Joint Implementation: The mechanism of the future

12: Martijn Wilder, Louisa Fitz-Gerald: Carbon contracting

13: Anthony Hobley, Carly Roberts, Jamie Munro: The Practicalities of Contracting JI Transactions

14: Andrew Hedges: The Secondary Market for Emissions Trading: Balancing market design and market based transaction norms

15: Christina Voigt: Responsibility for the Environmental Integrity of the CDM: Judicial Review of Executive Board Decisions

16: Dane Ratliff, hester Brown, Audley Shepard: Dispute Resolution and Compliance Mechanisms

V. Carbon Trading outside Kyoto: Regional Schemes

17: Markus Pohlman: European Union Emissions Trading Scheme

18: Michael Rodi: Legal implications of the allocation mechanism (competition, state aid, accounting)

19: Navraj Ghaleigh: Litigation against EU ETS

V. Carbon Trading outside Kyoto: National and Sub-National Schemes

20: K. Russell LaMotte, David M. Williamson, Lauren A. Hopkins: Carbon Trading Outside Kyoto: National and Sub-National Schemes Emissions Trading in the US: Legal Issues

21: Kyle Danish Van Ness: Off-set provisions in emerging US climate legislation

22: Martijn Wilder, Louisa Fitz-Gerald: Carbon Markets and Policy in Australia: Recent Developments

23: Gray Taylor, Michael Bennett: Canada's Experience in Emissions Trading and Related Legal Issues

24: Christopher Tung: Carbon law and practice in China

VI. Voluntary Markets

25: Michelle Passero: The Voluntary Carbon Market: Its Growth and Outstanding Legal and Policy Issues

VII. Post Kyoto: Moving towards Copenhagen

26: Murray Ward: Bali Road Map and Copenhagen agenda

27: Jos Cozijnsen, Michael Coren: How carbon finance can stimulate innovation

28: Christiana Figueres, Charlotte Streck: The Future of the CDM in a Post-2012 Climate Agreement

29: Bob O'Sullivan, Rick Saines: Making REDD and Rainforest Protection Work

30: Thiago Chagas, Clayfox Clarke: Aviation and Climate Change Regulation

VIII. Summary and Outlook

31: David Freestone, Charlotte Streck: Summary and Outlook

Index

Publisher:  OUP
ISBN/ISSN:  9780199565931
Binding:  Hardback
Pages:  657

All prices are in SingDollars. Prices are subject to change without prior notice. Overseas' orders, please email, fax or call us for packing & postage charges unless otherwise stated.
This product was added to our catalog on Monday 12 April, 2010.
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