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Devise a WTO-compatible retaliation mechanism to deal with EU's carbon tax: GTRI to govt- The New Indian Express

It also suggested the government not to pursue any free trade agreements (FTAs) without resolving the carbon tax issue. ....

United Kingdom , Ajay Srivastava , Global Trade Research Initiative , European Union , World Trade Organization , Carbon Trading Mechanism , Wto Norms ,

Frontiers | Carbon Emission Trading Scheme, Carbon Emissions Reduction and Spatial Spillover Effects: Quasi-Experimental Evidence From China

The carbon emission trading scheme (ETS) is an essential policy tool for accomplishing Chinese carbon targets. Based on the Chinese provincial panel data from 2003 to 2019, an empirical study is conducted to measure the effects of carbon emission reduction and spatial spillover effect by adopting the difference-in-differences (DID) model and spatial difference-in-differences (SDID) model. The research findings show that: (1) The ETS effectively reduced the total carbon emissions as well as emissions from coal consumption; (2) such effects come mainly from the reduction of coal consumption and the optimization of energy structure, rather than from technological innovation and optimization of industrial structure in the pilot regions; and (3) the ETS pilot regions have a positive spatial spillover effect on non-pilot regions, indicating the acceleration effect for carbon emission reduction. Geographic proximity makes the spillover effect decrease due to carbon leakage. ....

New York , United States , France General , Hong Kong , Tibet Autonomous Region , Macau General , European Centre For Medium , China Energy Statistical Yearbook , European Union Emissions Trading System , Intergovernmental Panel On Climate , Green Technology Innovation , Development Efficiency , Carbon Development , Dynamic Spatial Panel Models , Intergovernmental Panel On Climate Change , Sustainable Development , Mediator Variable Distinction In Social Psychological Research , Research Funds For The Central Universities , Paris Agreement , Intergovernmental Panel , Climate Change , Paris Climate Accord , Carbon Capture , Bioenergy Combined , Carbon Emission Trading Scheme , Computable General Equilibrium ,

CNN CNN Newsroom Live December 2, 2019 08:40:00

reporter: well, this is largely a technical conference more than anything else, but it s a very important one because basically the failure of paris, many believe, was the fact that there were no real there was no real enforcement mechanism outlined in the paris agreements four years ago, cop21, and no enforcement mechanisms, and the goals were nowhere near high enough. the people who are gathering, the climate scientists and government officials, about 30 heads of state in government there, are basically hoping to basically tighten things up ahead of next year s very important conference in glasgow, scotland, where they will in fact come up with enforcement measures and perhaps a carbon trading mechanism. that s one of the things talked about today in madrid. when you talk about young people, greta thunberg is on her way, coming across the ocean on a catamaran, and she ll be there perhaps representing the voice of youth. ....

Enforcement Mechanism , Anything Else , Climate Scientists , Government Officials , Enforcement Mechanisms , Carbon Trading Mechanism , Enforcement Measures , Heads Of State , Greta Thunberg , The Voice Of Youth ,