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Why should emissions trading be restricted?

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  • Hege Westskog

Abstract

The possibility of using flexibility mechanisms as a way to achieve national commitments under an international agreement to reduce climate gases has been a hot issue throughout the negotiating process of the Kyoto Protocol. A variety of arguments either in favour of or against emissions trading have been put forward by different Parties and by different groups. The purpose of this viewpoint is to look further into the various arguments opposing emissions trading or favouring their restriction (which are really arguments that could be used against all the different flexibility mechanisms) and comment on their validity.

Suggested Citation

  • Hege Westskog, 2002. "Why should emissions trading be restricted?," Climate Policy, Taylor & Francis Journals, vol. 2(1), pages 97-103, March.
    • Handle: RePEc:taf:tcpoxx:v:2:y:2002:i:1:p:97-103
    DOI: 10.3763/cpol.2002.0208
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    Cited by:

    1. Simon Quemin & Christian Perthuis, 2019. "Transitional Restricted Linkage Between Emissions Trading Schemes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 1-32, September.
    2. Kamleshan Pillay & Jorge E. Viñuales, 2016. "“Monetary” rules for a linked system of offset credits," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 16(6), pages 933-951, December.
    3. Eivind Hovden & Gard Lindseth, 2004. "Discourses in Norwegian Climate Policy: National Action or Thinking Globally?," Political Studies, Political Studies Association, vol. 52(1), pages 63-81, March.
    4. Rehdanz, Katrin & Tol, Richard S.J., 2005. "Unilateral regulation of bilateral trade in greenhouse gas emission permits," Ecological Economics, Elsevier, vol. 54(4), pages 397-416, September.

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