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CONSIGNMENT AUCTIONING OF CARBON ALLOWANCES IN CAP-AND-TRADE PROGRAM DESIGN
This research note examines 'consignment auctioning,' a hybrid carbon allowance distribution method used in California's emission trading system (ETS) that combines elements of free allocation and auctioning. The authors propose this model as a potential solution for China's national ETS to introduce auctioning while mitigating economic shocks to covered entities and bypassing institutional barriers regarding the handling of government revenue.
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Document type: Research paper
Are major economies on track to achieve their pledges for 2020? An assessment
A study by the NewClimate Institute assessing whether the domestic climate and energy policies of major greenhouse gas emitting countries are sufficient to meet their 2020 emission reduction pledges.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Research paper