Oil, coal and natural gas will remain the world’s dominant sources of energy over the next decades, with resulting carbon dioxide emissions set to increase to unsustainable levels. However, technologies that help reduce CO2 emissions from fossil fuels can reverse this trend. CO2 capture and...

Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the...

The papers in this book cover the experience of developing and transition countries with greenhouse gas emissions trading and project-based mechanisms and examine the use of tradeable permits in policy mixes and harmonisation of emissions trading schemes, as well as transition issues relating to...