Implementing Domestic Tradeable Permits

Implementing Domestic Tradeable Permits

Recent Developments and Future Challenges You do not have access to this content

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Author(s):
OECD
Publication Date :
05 Aug 2002
Pages :
276
ISBN :
9789264191983 (PDF) ; 9789264197633 (print)
DOI :
10.1787/9789264191983-en

Hide / Show Abstract

Tradeable or transferable permits (TPs) are increasingly perceived as a cost-effective and flexible policy instrument for pollution control and natural resources management. Initially they were considered a policy tool whose applications were limited to only certain sectors, such as air pollution management and fisheries. However, over the last few years, there have been significant developments in the use of domestic TPs, across a broader range of environmental issues. TPs now face a double challenge: could they become a key instrument for curbing greenhouse gas emissions in light of the Kyoto Protocol? And could they be used in other areas of environmental management?

This book presents the proceedings of an OECD workshop on domestic TPs held in September 2001 in Paris. It provides an analysis on recent developments in the use of domestic TP in new areas including climate change, renewable energy, transport, solid waste management, and water resources management. It highlights issues regarding the use of TPs in policy mixes, reviews key elements of ex post evaluations of earlier TP schemes, identifies key challenges in the design and use of TP systems, and attempts to link the past lessons to further research needs.

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PART I. SUMMARY OF LESSONS LEARNED
Chapter 1. Lessons Learned by Olivier Godard
-1. Transferable Permits at a Turning Point
-2. What are TPs?
-3. Sectoral Lessons from "Old" and "New" Programmes
--Experiences in Air Pollution Control Applied to Industry and Power Generation
--Experiences in Water Resources Management
--Experiences in Transport
--New Developments: Renewable Energy Certificates
--New Developments: Municipal Solid Waste Management
--New Developments: Greenhouse Gas Control
-4. Reflections on Past Experience
-5. Challenges for TPs
PART II. EX POST EVALUATIONS OF EARLIER DOMESTIC TRADEABLE PERMIT SCHEMES
Chapter 2. Ex Post Evaluations of Earlier Domestic Tradeable Permit Schemes by Stephen Smith
-1. Introduction
-2. The Value of Evaluation
-3. Criteria and Priorities in Evaluation
-4. Methods for Ex Post Evaluation
-5. Evaluations in Practice
-6. Conclusions and Suggestions for Further Work
-References
PART III. NEW AREAS FOR APPLICATION OF DOMESTIC TRADEABLE PERMITS
Chapter 3. Domestic GHG Emissions Trading Schemes: Recent Developments and Current Status in Selected OECD Countries by Kumi Kitamori
-1. Introduction
-2. Why Domestic GHG Emissions Trading?
-3. An Overview of Domestic GHG Emissions Trading Schemes
--The Proposed EU-Wide Emissions Trading Scheme
--Denmark
--The UK
--Norway
--Sweden
--Canada
--The Netherlands
--France
--Meeting the GHG Reduction Target without Domestic Emissions Trading
-4. Combining Domestic GHG Trading with Other Policy Instruments
-5. Preliminary Conclusions and Areas for Further Work
Chapter 4. Renewable Energy Certificates: Trading Instruments for the Promotion of Renewable Energy by Richard Baron and Yse Serret
-Executive Summary
-1. Introduction: Why Tradeable Renewable Energy Certficates
-2. What are Tradeable Renewable Energy Certificates?
-3. A Survey of TREC Systems
-4. From Domestic to International TREC Systems
-5. Interactions between TREC and GHG Emission Trading
-6. Further Research
-Glossary
-References
Chapter 5. The Use of Transferable Permits in the Transport Sector by Charles Raux
-Executive Summary
-1. Introduction
-2. The Transport Sector Context
-3. The Case Studies
--The Lead Phase-Down Program (USA)
--The Ecopoint Program in Austria
--The ZEV Program in California
--Exploring New Approaches in France
-4. Conclusions and Lessons
Chapter 6. New Areas for Application of Tradeable Permits - Solid Waste Management by Roger Salmons
-1. The Waste Management System
-2. Designing Tradeable Permit Schemes
-3. Waste Management Applications of Permit Trading
--Packaging Waste Recovery Notes
--Landfill Permits for Biodegradable Municipal Waste
-Conclusions
-Annex I. Breakdown of Municipal Waste for Selected OECD Countries
-Annex II. Market Power and Design of Tradeable Permit Systems
Chapter 7. Tradeable Permits in Water Resource Protection and Management: A Review of Experience and Lessons Learned by Andreas Kraemer, Eduard Interwies and Eleftheria Kampa
-1. Introduction
-2. Policy Background
--United States
--Australia
--Mexico
--Spain
-3. Case Studies
--Tradeable Water Abstraction Rights
--Lessons Learned on Water Trading
--Tradeable Water Pollution Rights
--Lessons Learned on Effluent Trading
-4. Potential Further Applications of Water-Based Tradeable Permits
-5. Resistance to Water Trading
-6. Conclusions and Outlook
-References
-Annex I. Cases in Trade of Water Abstraction Rights
-Annex II. Cases in Trade of Water Pollution Rights
PART IV. FUTURE DIRECTIONS 
Chapter 8. Conclusions: Outstanding Issues and Areas for Future Work by Olivier Godard
-1. Ex Post Evaluations
-2. Combinations of Policy Tools
-3. Integration of Domestic TP Schemes with Other Regional and International Schemes
-4. "Clarification Papers on Specific Topics