Origins of Emissions Trading Schemes
Nicola Steen
30 years: Emissions Trading Schemes
Having studied the theory and rationale behind emissions trading schemes, in this video Nicola Steen takes us through the origins of the first pan economy emissions scheme, the UK ETS. She provides history and context around the discussions that took place before the genesis of the UK ETS and also how it eventually merged with the EU ETS before splitting again as UK ETS II post Brexit.
Having studied the theory and rationale behind emissions trading schemes, in this video Nicola Steen takes us through the origins of the first pan economy emissions scheme, the UK ETS. She provides history and context around the discussions that took place before the genesis of the UK ETS and also how it eventually merged with the EU ETS before splitting again as UK ETS II post Brexit.
Origins of Emissions Trading Schemes
12 mins 46 secs
The biggest task with emission trading schemes is to ensure that the scheme actually does what it set out to do, reduce emissions! To achieve this, careful consideration is required around the mechanism, regulations and also on the participants of the scheme itself.
Key learning objectives:
Understand the usefulness of an emissions trading scheme
Learn the considerations and discussions leading up to the UK ETS
Nicola Steen
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