Prospects of Linking EU and US Emission Trading Schemes:

Comparing the Western Climate Initiative, the Waxman-Markey and the Lieberman-Warner Proposals

Publication: Report
Citation: 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.

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, such as cost containment provisions and borrowing and offset provisions.

The working paper [pdf, 155 KB, English] is available for download at the Climate Strategies’ website.

Language

English

Authorship

Prof. Dr. Michael Mehling, LLM

Wolfgang Sterk

Andreas Tuerk

Published by

Climate Strategies, United Kingdom

Year

2009

Dimension

39 pp.

Table of contents

Click to show full table of contents

Keywords

Climate

Energy

Governance

Emissions Trading, ETS, Waxman-Markey, Lieberman-Warner, Western Climate Initiative, Trading Schemes, EU,

Europe, US, USA

Further Links

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