Voluntary aspects of carbon emissions trading
Carbon emissions trading markets are unrealistically treated as either voluntary or mandatory. Yet most trading incorporates some voluntary and some regulatory features and there is developing interaction. Diverse emissions trading markets include an array of voluntary aspects. Voluntary features of trading should be evaluated on their own merit according to the context of the scheme in question.
Keywords: Climate change; Cooperation; Emissions trading; Voluntary agreements
Document Type: Research Article
Affiliations: Centre of International Studies, University of Cambridge, Fitzwilliam College, Cambridge, UK
Publication date: 01 October 2009
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