Bridging the Transatlantic Divide

Legal Aspects of a Link between Regional Carbon Markets in Europe and the United States

Publication: Article
Citation: Mehling, Michael 2007: "Bridging the Transatlantic Divide: Legal Aspects of a Link between Regional Carbon Markets in Europe and the United States (link is external)". Sustainable Development Law & Policy, Vol. 7, No. 2, 46-52.

An earlier article by Michael Mehling in American University’s Sustainable Development Law and Policy journal assessed the prospects and legal implications of a link between regional trading systems in the US and the EU emissions trading system, highlighting the relevance of the respective constitutional and legal frameworks for such a link.

Language

English

Authorship

Prof. Dr. Michael Mehling, LLM

Published in

Journal: Sustainable Development Law & Policy, Vol.7 | Issue 2

Published by

American University Washington College of Law (WCL), United States

Year

2007

Dimension

7 pp.

Table of contents

Click to show full table of contents

Keywords

Climate

Energy

energy, carbon, trading, legal,

Europe, USA

Further Links

PublicationBook SectionLinking Emissions Trading Systems

A more traditionally jurisprudential perspective on linking is provided in this book chapter published in an anthology titled "Legal Aspects of Carbon Trading: Kyoto, Copenhagen and Beyond" published by Oxford University Press. In this chapter, Michael Mehling provides... Read more

Mehling, Michael 2009: “Linking Emissions Trading Systems” in: David Freestone and Charlotte Streck (eds.): Legal Aspects of Carbon Trading - Kyoto, Copenhagen and Beyond, Oxford, U.K.: Oxford University Press, 108-133.

PublicationReportProspects of Linking EU and US Emission Trading Schemes:

This working paper affirms that emissions trading systems currently under development in the US raise certain challenges for an operational market link, but are not generally incompatible. Specifically, certain design elements of trading systems may give rise to concern... Read more

Sterk, Wolfgang; Michael Mehling and Andreas Tuerk 2009: Prospects of Linking EU and US Emission Trading Schemes: Comparing the Western Climate Initiative, the Waxman-Markey and the Lieberman-Warner Proposals: Wuppertal Institute for Climate, Environment and Energy; Ecologic Institute Washington; Joanneum Research, Graz.

PublicationArticleMechanisms for Linking Emissions Trading Schemes

Linking emissions trading schemes has attracted interest as a means of reducing costs and expanding market size and liquidity. A number of studies have explored the compatibility of schemes, although little attention has been devoted to the implementation of links. In... Read more

Mehling, Michael and Erik Haites 2009: "Mechanisms for linking emissions trading schemes". Climate Policy, Vol. 9, No. 2, 169-184.

PublicationArticleLinking Carbon Markets: Concepts, Case Studies and Pathways

This article explores options for linking emissions trading systems. Combining markets could have many positive benefits (including reducing the costs of compliance), but there are drawbacks. In the short term, however, direct bilateral linkages will be difficult, and... Read more

Tuerk, Andreas; Micheal Mehling; Christian Flachsland and Wolfgang Sterk 2009: “Linking Carbon Markets: Concepts, Case Studies and Pathways”. Climate Policy, Vol. 9, No. 4, 341-357.

PublicationArticleLinking Existing and Proposed GHG Emissions Trading Schemes in North America

Linking emissions trading schemes has currently attracted much interest as a means of reducing compliance costs, expanding market size and liquidity, and reducing price volatility. The US and Canada are developing federal emissions trading systems, and Mexico is... Read more

Haites, Erik and Michael Mehling 2009: “Linking Existing and Proposed GHG Emissions Trading Schemes in North America”. Climate Policy, Vol. 9, No. 4, 373-388.