Landscape of Global Emissions Trading Schemes

Landscape of Global Emissions Trading Schemes

Nicola Steen

30 years: Emissions Trading Schemes

In this video, Nicola Steen explores the origins and key features of global emissions trading schemes by covering the first UK ETS and then the EU ETS which effectively shut down the original UK ETS. Nicola will also explain the origin of the new UK ETS following Brexit. Finally she will also outline features of the California ETS and China ETS.

In this video, Nicola Steen explores the origins and key features of global emissions trading schemes by covering the first UK ETS and then the EU ETS which effectively shut down the original UK ETS. Nicola will also explain the origin of the new UK ETS following Brexit. Finally she will also outline features of the California ETS and China ETS.

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Landscape of Global Emissions Trading Schemes

7 mins 20 secs

Overview

Emissions trading schemes are an effective policy tool in major economies to combat climate change. However, the rules, mechanisms, participants and ultimately the effectiveness are different in each jurisdiction. It is vital to understand how schemes vary between different regions and how they can eventually bring about substantial reductions.

Key learning objectives:

  • Understand the origins and key features of some of the global ETS

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Summary
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Expert
Nicola Steen

Nicola Steen

Nicola Steen has been working on using market mechanisms to reduce levels of greenhouse gas emissions since 1989. She helped instigate the pan-industry and government discussions that led to the UK Emissions Trading Group and the first pan-economy emissions trading scheme in the world. Most recently, she is working again on the voluntary carbon markets, seeing new capital and attention moving towards bolstering sustainable solutions.

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