The European Emission Trading System and Its Followers: Comparative Analysis and Linking Perspectives
In: SpringerBriefs in Environmental Science Ser.
Intro -- Preface -- Contents -- Abbreviations and Acronyms -- 1 The EU ETS: The Pioneer-Main Purpose, Structure and Features -- 1.1 Introduction -- 1.2 The Current EU ETS Legislative Framework -- 1.3 EU ETS Purpose and Scope -- 1.4 The Actors of the EU ETS: The Duties of the Operators and of the Participating States and the Sanctions Against Non-compliant Operators -- 1.5 Allocation Regime and Validity of the European Union Allowances -- 1.5.1 General Rules for Allocation of EUAs -- 1.5.2 The EU-Wide Cap for Stationary Installations and for Aircraft Operators -- 1.5.3 The Allocation Rules for EUAs to Stationary Installations -- 1.5.4 The Benchmarks and the Special Regime for Manufacturing and Risk of Carbon Leakage -- 1.6 The New Entrants Reserve (NER) and the NER300 Programme -- 1.7 Article 27 of the EU ETS Directive: The Exclusion of Small Installations -- 1.8 The Auctioning Regime -- 1.8.1 The Rules on Timing, Administration and Other Aspects of the Auctioning of GHG Emission Allowances According to EC Directive 2003/87 and EC Regulation 1031/2010 -- 1.8.2 The Auction Revenues -- 1.9 The Union Registry -- 1.10 Carbon Pricing -- 1.11 Incentives to Eco-Innovation and Technological Effectiveness -- 1.12 Back-Loading and Proposals for Other Structural Reforms of the EU ETS -- References -- 2 California, RGGI, Quebec: The Followers -- 2.1 The California Cap and Trade Scheme -- 2.1.1 Introduction -- 2.1.2 The California ETS: Main Scope, Purpose, Structure and Features -- 2.1.3 Duties of the Covered Entities and Competences of the California Air Resource Board (CARB) Executive Officer -- 2.1.4 Sanctions Against Non-compliant Entities -- 2.1.5 The Allocation Regime of the California Allowances -- 2.1.5.1 Nature and Validity of the Compliance Instruments -- 2.1.5.2 The Regime for Offset Credits Under the California ETS.