Impacts of emission trading on Carbon, Electricity and Renewable Markets: A review

Electricity supply industry worldwide has been identified as a major source of greenhouse gas emissions. Consequently, many countries have started to implement emission trading schemes (ETS). Separate and evolving public policy debates are shaping Electricity Market, Carbon Market, and Renewable Mar...

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Bibliographic Details
Published inIEEE PES General Meeting pp. 1 - 7
Main Authors Li, X I, Yu, C W
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.07.2010
Subjects
Carbon
Carbon dioxide
Carbon Market (EM)
Economics
Electricity
Electricity Market (EM)
Electricity supply industry
Emission trading schemes
Investments
Renewable Market (RM)
Resource management
Review
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Summary:Electricity supply industry worldwide has been identified as a major source of greenhouse gas emissions. Consequently, many countries have started to implement emission trading schemes (ETS). Separate and evolving public policy debates are shaping Electricity Market, Carbon Market, and Renewable Market without attention to how each market affects the others, yet the markets have overlapping goals with respect to the global economical and environmental benefits. Therefore, this paper conducts a comprehensive review to shed some lights on the future study of ETS. Focuses have been put on features of ETS and how it impacts on the three interactive markets.
ISBN:1424465494
9781424465491
ISSN:1932-5517
DOI:10.1109/PES.2010.5590042