Energy & Emissions Markets: Collision or Convergence? - Couverture rigide

Fusaro, Peter C.; James, Tom

 
9788182744721: Energy & Emissions Markets: Collision or Convergence?

Synopsis

This comprehensive book discusses traditional energy-trading markets, the impact of emissions-trading schemes and the advent of renewable-energy trading. Written by renowned energy-market expert and commentator, Professor Tom James and best-selling author Peter C. Fusaro, this book demonstrates that the forces of energy and environmental issues are linked more than ever before. The beginning of European emissions trading in 25 and the implementation of the Kyoto Protocol have accelerated efforts already underway in the U.S. and elsewhere to use market forces to remediate environmental issues. In response to its Kyoto obligations, Europe decided on a trade-and-cap emissions-trading scheme. This allows governments to regulate the aggregate amount of emissions produced by setting an overall cap but gives companies the flexibility to determine how and where the reductions are achieved. On 1 January 25, the European Union Emissions Trading Scheme (EU ETS) came into force and introduced a new dimension to energy trading. From now on, the cost of emissions from the use of a fuel would have to be taken into account as part of the whole net cost calculation. This new dynamic in energy pricing converged and in some cases collided with energy markets. Drawing extensively on the first year of the EU ETS, this book, Energy & Emissions : Collision or Convergence? explores the developments of emissions regulation, emissions-trading schemes, and how they are interacting with energy markets across the globe.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

This comprehensive book discusses traditional energy-trading markets, the impact of emissions-trading schemes and the advent of renewable-energy trading. Written by renowned energy-market expert and commentator, Professor Tom James and best-selling author Peter C. Fusaro, this book demonstrates that the forces of energy and environmental issues are linked more than ever before. The beginning of European emissions trading in 25 and the implementation of the Kyoto Protocol have accelerated efforts already underway in the U.S. and elsewhere to use market forces to remediate environmental issues. In response to its Kyoto obligations, Europe decided on a trade-and-cap emissions-trading scheme. This allows governments to regulate the aggregate amount of emissions produced by setting an overall cap but gives companies the flexibility to determine how and where the reductions are achieved. On 1 January 25, the European Union Emissions Trading Scheme (EU ETS) came into force and introduced a new dimension to energy trading. From now on, the cost of emissions from the use of a fuel would have to be taken into account as part of the whole net cost calculation. This new dynamic in energy pricing converged and in some cases collided with energy markets. Drawing extensively on the first year of the EU ETS, this book, Energy & Emissions : Collision or Convergence? explores the developments of emissions regulation, emissions-trading schemes, and how they are interacting with energy markets across the globe.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Autres éditions populaires du même titre

9780470821589: Energy & Emissions Markets: Collision or Convergence?

Edition présentée

ISBN 10 :  0470821582 ISBN 13 :  9780470821589
Editeur : John Wiley & Sons Ltd, 2006
Couverture rigide