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1

Veith, Stefan. The EU emission trading scheme: Aspects of statehood, regulation, and accouting. Frankfurt am Main: Peter Lang, 2010.

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2

Great Britain. Parliament. House of Commons. Fifth Standing Committee on Delegated Legislation. Greenhouse gas emissions trading scheme regulations 2003: Wednesday 3 March 2004. London: The Stationery Office, 2004.

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3

1968-, Klingmüller Angela, Steppler Ulrich 1970-, European Parliament, European Parliament, and European Parliament, eds. EU emissions trading scheme and aviation. Utrecht: Eleven International Publishing, 2010.

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4

Rolfe, Chris. Closing the gap?: A comparison of approaches to encourage early greenhouse gas emission reductions. Hamburg [Germany]: HWWA-Institut für Wirtschaftsforschung-Hamburg, 1999.

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5

The European Union's emissions trading scheme: A violation of international law : hearing before the Subcommittee on Aviation of the Committee on Transportation and Infrastructure, House of Representatives, One Hundred Twelfth Congress, first session, July 27, 2011. Washington: U.S. G.P.O., 2012.

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6

Allocation allowances of greenhouse gas emission: Hearing before the Committee on Energy and Natural Resources, United States Senate, One Hundred Eleventh Congress, first session ... October 21, 2009. Washington: U.S. G.P.O., 2009.

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7

Mullins, Fiona. Lessons from existing trading systems for international greenhouse gas emission trading: Annex I Expert Group on the United Nations Framework Convention on Climate Change, information paper. Paris: OECD, 1998.

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8

EU emissions: Roundtable before the Committee on Energy and Natural Resources, United States Senate, One Hundred Tenth Congress, first session, to discuss the progress of the European Union's emissions trading scheme and to receive information on lessons learned for policymakers who want to better understand how a market-based trading program could operate efficiently and effectively in the United States, March 26, 2007. Washington: U.S. G.P.O., 2007.

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9

Great Britain. Parliament. House of Commons. European Scrutiny Committee. Thirty-seventh report of session 2001-02: Documents considered by the committee on 17 July 2002, including Greenhouse gas emission trading within the Community : report, together with minutes of proceedings of the committee. London: Stationery Office, 2002.

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10

Committee, Great Britain Parliament House of Commons European Scrutiny. Eighteenth report of session 2001-02: Documents considered by the Committee, including : fisheries: total allowable catches for deep-sea stocks in 2002; Greenhouse gas emission trading within the Community : report, together with minutes of proceedings of the Committee. London: Stationery Office, 2002.

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11

Climate change and European emissions trading: Lessons for theory and practice. Cheltenham, UK: Edward Elgar, 2008.

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12

van Asselt, Harro. The Design and Implementation of Greenhouse Gas Emissions Trading. Edited by Kevin R. Gray, Richard Tarasofsky, and Cinnamon Carlarne. Oxford University Press, 2016. http://dx.doi.org/10.1093/law/9780199684601.003.0016.

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This chapter offers a cross-jurisdictional analysis of the design and implementation of mandatory emissions trading schemes. It traces the beginning of emissions trading schemes from the sulfur dioxide emissions trading scheme in the United States, which was implemented through the Clean Air Act Amendments of 1990. After initial experiments at a local and regional level, the United States launched the first large-scale, countrywide trading system. This program sought to address the acid rain problem by creating a trading regime for sulfur dioxide emissions. This was the birthplace of large-scale emissions trading systems and from this point onwards, emissions trading schemes began to spread across jurisdictions. The chapter describes how the EU’s speedy adoption of an emissions trading directive in 2003 could be seen as an instance of horizontal borrowing from the United States, spurred by the simple need to keep the costs of reducing emissions down.
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13

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) (Charging Schemes) Regulations 2012. Stationery Office, The, 2012.

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14

Mehling, Michael. Legal Frameworks for Linking National Emissions Trading Systems. Edited by Kevin R. Gray, Richard Tarasofsky, and Cinnamon Carlarne. Oxford University Press, 2016. http://dx.doi.org/10.1093/law/9780199684601.003.0013.

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This chapter discusses the linking of emissions trading regimes for climate change governance. It also assesses the legal frameworks for linking as the process assumes varying degrees of formality, with implications for the legal nature and the procedural requirements of adoption. Linkage results in an enlarged market, promising greater diversity of abatement costs and thus more efficient achievement of climate change mitigation objectives. Linkage is also credited with promoting liquidity and reduced price volatility in the carbon market, helping reduce the likelihood of manipulation and abuse. These results lead to operation in a multilayered framework of established rules, principles, and procedures constituting the legal order. Carbon markets are highly regulated, and this relevance of norms also extends to a linkage between such markets. The chapter analyses past and current trading schemes as a case study, such as the European Union Emission Trading Scheme, the biggest greenhouse gas emissions trading scheme.
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15

Britain, Great. Greenhouse Gas Emissions Trading Scheme Order 2020. Stationery Office, The, 2020.

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16

Britain, Great. Greenhouse Gas Emissions Trading Scheme Order 2020. Stationery Office, The, 2020.

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17

Britain, Great. Greenhouse Gas Emissions Trading Scheme Regulations 2005. Stationery Office, The, 2005.

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18

Britain, Great. Greenhouse Gas Emissions Trading Scheme Regulations 2003. Stationery Office, The, 2004.

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19

Britain, Great. Greenhouse Gas Emissions Trading Scheme Regulations 2012. Stationery Office, The, 2012.

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20

Shoyer, Andrew, Jung-ui Sul, and Colette van der Ven. Carbon Leakage and the Migration of Private CO Emitters to other Jurisdictions. Edited by Kevin R. Gray, Richard Tarasofsky, and Cinnamon Carlarne. Oxford University Press, 2016. http://dx.doi.org/10.1093/law/9780199684601.003.0014.

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This chapter examines the phenomenon of carbon leakage, which is an increase in carbon emissions as a result of businesses moving to other states without carbon reduction measures. Pursuant to the commitments established by the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol, many developed states imposed numerous greenhouse gas emission (GHG) targets, while most developing countries have not adopted any carbon reduction measures. Carbon leakage remains an area of great concern to states and industries seeking to reduce carbon emissions, as it has the potential to undermine the effectiveness of carbon reduction measures and hurt the competitiveness of the industries that decide to remain in those states. The chapter outlines the measures taken to combat carbon leakage. Specifically, it highlights carbon leakage prevention measures under the European Union Emissions Trading Scheme and under similar carbon regulation measures in South Africa and the United States.
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21

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020. Stationery Office, The, 2020.

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22

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2013. Stationery Office, The, 2013.

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23

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2006. Stationery Office, The, 2006.

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24

Britain, Great. Aviation Greenhouse Gas Emissions Trading Scheme Regulations 2010. Stationery Office, The, 2010.

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25

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2014. Stationery Office, The, 2014.

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26

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2017. Stationery Office, The, 2017.

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27

Britain, Great. Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021. Stationery Office, The, 2021.

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28

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2022. Stationery Office, The, 2022.

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29

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2018. Stationery Office, The, 2018.

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30

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2015. Stationery Office, The, 2015.

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31

Britain, Great. Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021. Stationery Office, The, 2021.

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32

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2007. Stationery Office, The, 2007.

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33

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2022. Stationery Office, The, 2022.

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34

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2021. Stationery Office, The, 2021.

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35

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2004. Stationery Office, The, 2004.

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36

Britain, Great. Aviation Greenhouse Gas Emissions Trading Scheme Regulations 2009. Stationery Office, The, 2009.

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37

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2020. Stationery Office, The, 2020.

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38

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2019. Stationery Office, The, 2019.

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39

Britain, Great. Aviation Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2011. Stationery Office, The, 2011.

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40

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Nitrous Oxode) Regulations 2011. Stationery Office, The, 2011.

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41

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Miscellaneous Provisions) Regulations 2007. Stationery Office, The, 2007.

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42

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Nitrous Oxide) Regulations 2011. Stationery Office, The, 2011.

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43

Britain, Great. Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) Regulations 2021. Stationery Office, The, 2021.

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44

Ireland, Northern. Greenhouse Gas Emissions Trading Scheme Charging Scheme Regulations (Northern Ireland) 2010. Stationery Office, The, 2010.

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45

Britain, Great. Greenhouse Gas Emissions Trading Scheme and National Emissions Inventory (Amendment) Regulations 2013. Stationery Office, The, 2013.

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46

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) and National Emissions Inventory Regulations 2005. Stationery Office, The, 2005.

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47

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Regulations 2019. Stationery Office, The, 2019.

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48

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment No. 2) Regulations 2007. Stationery Office, The, 2007.

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49

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) (EU Exit) Regulations 2019. Stationery Office, The, 2019.

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50

Britain, Great. Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 3) Order 2022. Stationery Office, The, 2022.

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