Carbon trading: opportunities and issues

Peake, Stephen (2007). Carbon trading: opportunities and issues. In: Elliott, David ed. Sustainable Energy: Opportunities and limitations. Energy, Climate and Environment Series. Basingstoke, UK: Palgrave Macmillan, pp. 190–211.



The chapter provides an overview of the emerging carbon market in terms of the different schemes and carbon currencies of which it is comprised. It briefly examines the rationale for market-based carbon instruments, the history of allowance and credit schemes and then outlines some of the issues being raised by its critics.

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