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Flexibility and Federal Oil and Gas Greenhouse Gas Regulations: Containing costs while increasing ambition
This policy brief by the International Institute for Sustainable Development (IISD) analyzes the design of federal greenhouse gas (GHG) regulations for Canada's oil and gas sector. The authors argue that because the sector has a limited ability to deliver emission intensity improvements by 2020, regulations must incorporate compliance flexibility—both within the sector (via credit trading) and beyond the sector (via price ceilings and offsets)—to remain cost-effective while increasing environmental ambition.
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Document type: Policy brief
Out of the Shadows: What’s Behind DEFRA’s New Approach to the Price of Carbon?
This report by the Stockholm Environment Institute critiques the UK Department for Environment, Food and Rural Affairs (DEFRA) for its 2007 approach to setting the shadow price of carbon (SPC). The authors argue that DEFRA's methodology is fundamentally flawed because it bases the carbon price on an assumed optimistic future stabilization trajectory rather than current emissions trends, resulting in a price that is too low to incentivize necessary abatement.
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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: Report
PROSPECTS OF CDM FOR PROMOTING SUSTAINABLE DEVELOPMENT IN CHINA
This report analyzes the potential for China to participate in the Clean Development Mechanism (CDM) under the Kyoto Protocol. It evaluates the economic, environmental, and social benefits and costs, emphasizing that while the CDM offers short-term gains in foreign investment and technology, it poses a long-term risk of technology dependence if core R&D and manufacturing capabilities are not transferred. The authors provide strategic recommendations for China to ensure the CDM supports its long-term sustainable development goals.
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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: Report