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The Carbon Emission Liability Mechanism

This open access book presents a novel Carbon Emission Liability Mechanism (CELM) and an integrated global Carbon Pricing Mechanism, based on a comprehensive analysis of the evolution of economic theory related to global climate change and the practice of carbon pricing instruments over the past 30...

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Hlavní autor: Yang, Baoming
Médium: Online
Jazyk:angličtina
Vydáno: Springer Nature 2025
Témata:
Carbon Neutralization
Negative Carbon
Carbon Emission Liability Mechanism
Emission Offsetting
Green Financing
Carbon Pricing
Carbon Market
Decarbonization Cost Borne by Consumers
New Principle for Public Goods
Carbon Cost Internalization
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNB Energy industries and utilities
On-line přístup:ONIX_20250613T105552_9789819636129_36
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Shrnutí:This open access book presents a novel Carbon Emission Liability Mechanism (CELM) and an integrated global Carbon Pricing Mechanism, based on a comprehensive analysis of the evolution of economic theory related to global climate change and the practice of carbon pricing instruments over the past 30 years. It further outlines a top-level design and implementation blueprint global based on CELM to achieve global carbon neutrality. For the first time, the CELM mechanism effectively addresses the three fundamental questions regarding carbon emissions: who should be liable for carbon emission, how much liability, and how to offset it. The introduction of CELM may unveil a feasible third path towards global carbon neutrality, and effectively address numerous challenges of carbon tax and Emission Trading System. CELM facilitates the creation of an efficient, cost-effective and comprehensive societal carbon footprint database, and addresses issues related to international carbon border regulation mechanism. While the world is struggling to tackcle the imminent climate crisis, CELM offers a refreshing global carbon neutrality solution, with its characteristics of more fair, more efficient, and less expensive, bringing new alternative options for the international community.

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