According to current international climate change regime countries are responsible for greenhouse gas (GHG) emissions, which result from economic activities within national borders, including emissions from producing goods for exports. At the same time imports of carbon intensive goods are not...

The report analyzes, by looking back at existing compliance systems in the EU, Alberta, Australia, Colombia and Japan, the conditions under which offsets can add value to the compliance system without undermining its environmental integrity. The compliance system’s climate ambition as well as...

Carbon Trading is one of the key issues which is increasingly becoming hot topic of debate around the globe with the ever increasing problem of global warming. The genesis of carbon trading lies in the Kyoto Protocol. The present paper seeks to shed some light on the conceptual idea of carbon...