The use of tradable permit systems for the protection of the environment is attracting growing interest in many countries and on the international scene. While the United States’ practice has been extensively analysed, relatively little is known of experiments in other countries. This book...

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...

The search for cost-effective environmental policy measures has led to an increase in the use of tradeable permit systems. This publication offers valuable lessons for applying tradeable permits and provides links between policy evaluation and policy making general. It is for government...

Carbon lock-in occurs when high-emission infrastructure or assets continue to be used, despite the possibility of substituting them with low-emission alternatives, thereby delaying or preventing the transition to near-zero or zero-emission alternatives. Transition finance, which focuses on the...

To address many of the environmental challenges that face us today, including climate change, countries are striving to deploy efficient and effective tools for environmental management at the national level. Tradable/transferable permits are one such tool. What are the key design parameters for...