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Legal Aspects of Carbon Trading
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Legal Aspects of Carbon Trading: Kyoto, Copenhagen, and beyond

David Freestone and Charlotte Streck

Abstract

Since 2005, the carbon market has grown to a value of nearly $100 billion per annum. This book examines all the main legal and policy issues which are raised by emissions trading and carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the regional emission trading scheme in the EU and emerging schemes in the US, Australia, and New Zealand. The Parties to the 1992 UN Framework Convention are in the process of negotiating a successor regime to the 1997 Kyoto Protocol whose first commitment period ends in 2012. As scientists predict that the threat of dangerous climate ch ... More

Keywords: carbon market, emissions trading, carbon finance, Kyoto Flexibility Mechanisms, UN Framework Convention, Kyoto Protocol, climate change, aircraft emissions, deforestation

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780199565931
Published to Oxford Scholarship Online: February 2010 DOI:10.1093/acprof:oso/9780199565931.001.0001

Authors

Affiliations are at time of print publication.

David Freestone, editor
Lobingier Visiting Professor of Comparative Law and Jurisprudence, George Washington University Law School, Washington DC

Charlotte Streck, editor
Founding partner and director of Climate Focus

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Contents

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PART I INTRODUCTION

PART II GENERAL ISSUES

PART III THE KYOTO PROTOCOL MECHANISMS

PART IV CARBON TRADING OUTSIDE KYOTO: REGIONAL SCHEMES

PART V CARBON TRADING OUTSIDE KYOTO: NATIONAL AND SUB-NATIONAL SCHEMES

PART VI VOLUNTARY MARKETS

PART VII POST KYOTO: MOVING TOWARDS COPENHAGEN

PART VIII SUMMARY AND OUTLOOK

End Matter