This paper reviewed systematically practices and progresses of international and domestic emission trading policy in China during the past two decades, and concluded that emission trading is broadly used in the air pollutants reduction in USA, and the global carbon reduction with better effects,
One method to reduce greenhouse gas emissions is to subsidize emissions-reducing activities. The question is how to allocate such subsidies. Allocation through auctions is an emerging mechanism.
This report covers case studies with three companies: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric (PG&E), capturing their experiences and lessons learn preparing for and operating under policies that price carbon emissions.
This report maps existing and emerging carbon pricing initiatives around the world. It does not provide a quantitative, transaction-based analysis of the international carbon market since current market conditions invalidate any attempt to undertake such an analysis.