Rationale behind Emissions Trading Schemes
Nicola Steen
30 years: Emissions Trading Schemes
Climate change is arguably the world’s biggest problem, not just for us today, but for future generations too. This is a result of the rising level of greenhouse gases. In this video, Nicola Steen explains the basics of greenhouse gases and then elaborates on the theory and origination of emissions trading as a potential solution.
Climate change is arguably the world’s biggest problem, not just for us today, but for future generations too. This is a result of the rising level of greenhouse gases. In this video, Nicola Steen explains the basics of greenhouse gases and then elaborates on the theory and origination of emissions trading as a potential solution.
Rationale behind Emissions Trading Schemes
8 mins 59 secs
Climate change is one of the most significant, concerning and widely discussed challenges facing the world today. One critical point is that it doesn’t matter where in the world a tonne of greenhouse gases is emitted, it has the same effect on climate change. Capping and trading emissions offers a cost-efficient and effective way to ensure a global cap is met.
Key learning objectives:
Understand the main greenhouse gases and their Global Warming Potential (GWP)
Comprehend the theory of capping and trading emissions
Understand how the suggested implementation of emissions trading work in practice
Nicola Steen
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