Author Description

Since 2005 the carbon market has grown to a value of nearly 100 billion per annum. This new book examines all the main legal and policy issues which are raised by emissions trading and carbon finance. It covers not only the Kyoto Flexibility Mechanisms but also the regional emission trading scheme in the EU and emerging schemes in the US, Australia, and New Zealand. The Parties to the 1992 UN Framework Convention are in the process of negotiating a successor regime to the 1997Kyoto Protocol whose first commitment period ends in 2012. As scientists predict that the threat of dangerous climate.