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Building Umbrellas or Arks? Three Alternatives to Carbon Credits and Offsets

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  • Sovacool, Benjamin K.

Abstract

Carbon credit markets suffer seemingly inescapable flaws that may justify alternative approaches such as carbon taxes, a complete phase-out of carbon dioxide emissions, or a global carbon fund. In the years to come, we must remember that credits are not the only sensible policy options for responding to climate change.

Suggested Citation

  • Sovacool, Benjamin K., 2010. "Building Umbrellas or Arks? Three Alternatives to Carbon Credits and Offsets," The Electricity Journal, Elsevier, vol. 23(2), pages 29-40, March.
  • Handle: RePEc:eee:jelect:v:23:y:2010:i:2:p:29-40
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    Cited by:

    1. Daniel Rosenbloom & Adrian Rinscheid, 2020. "Deliberate decline: An emerging frontier for the study and practice of decarbonization," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.
    2. Sovacool, Benjamin K., 2011. "The policy challenges of tradable credits: A critical review of eight markets," Energy Policy, Elsevier, vol. 39(2), pages 575-585, February.
    3. McNamara, David & Caulfield, Brian, 2013. "Examining the impact of carbon price changes under a personalised carbon trading scheme for transport," Transport Policy, Elsevier, vol. 30(C), pages 238-253.
    4. Kester, Johannes & Sovacool, Benjamin K., 2017. "Torn between war and peace: Critiquing the use of war to mobilize peaceful climate action," Energy Policy, Elsevier, vol. 104(C), pages 50-55.

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