International emission trading will be one of the most important tools in the effort to reduce greenhouse gas emissions in the atmosphere. The reason is clear: emission trading can bring impressive cost savings. While the private sector has embraced the concept and is well equipped to use it,...

More than 27% of total carbon dioxide emissions in OECD countries is produced by the transport sector, and there are still few signs that transportation energy use is peaking. Without new action, the prospects for reductions in CO2 emissions from this sector look bleak. This report reviews...