Carbon Reduction in the Post-Kyoto era. Have we progressed? A comparison

In: Global Journal of Comparative Law

In a fragmented global environment, the efforts of state and non-state actors are important in assessing the state of play on climate change mitigation actions around the world. This article will consider from a comparative perspective the various legislative models for addressing climate change and the reduction of GHG emissions with particular focus on the EU, USA, Australia and Switzerland. As legal developments are not limited to legislative schemes, this article will examine the voluntary carbon offset market and other trade related solutions to GHG emissions which have emerged in the absence of mandatory limitation systems. Also warranting attention are the actions of private parties in common law jurisdictions to bring legal proceedings against power companies for damage caused by climate change. Together, these developments demonstrate that climate change abatement is not the sole remit of the legislature.

  • 33

    Waggoner, M.‘Why and How to Tax Carbon’ Colo,J. Int’l. L. & Pol’y Vol 20. (2008) at 2.

  • 64

    EU insight, December 2010.

  • 65

    As at November 2010the carbon price was €15, but the price has fluctuated from lows of around €8 to highs of over €30. See: EU insight, December 2010. Furthermore the prices quoted at RGGI auctions are even lower. In 2011 the price was steady at $1.89. see http://rggi.org/component/content/article/54-Auction-Results/206-Allowances-Offered-a-Sold-by-Auction.

  • 66

    Eu insight, December 2010.

  • 70

    Eu insight, December 2010.

  • 82

    Handelszeitung No 17, 28. April 2011. Photovoltaik, Wir prasentieren das ganze Energiespektrum’ at 51.

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