A Review of Emerging GHG Emissions Trading in North America: Fragmentation or Progress?

Authors

  • Grant Boyle

DOI:

https://doi.org/10.29173/alr242

Abstract

A patchwork of greenhouse gas (GHG) emissions trading regulations has emerged in North America, with regulations emerging at provincial, federal, state, interstate, and international levels. This patchwork of systems differs from the earlier approach taken by other jurisdictions, such as in the European Union. The author reviews the North American schemes, detailing their key features, drawing comparisons between the systems, and discussing the implications for the future of GHG emissions trading in the United States and Canada. The author argues that while there is likely to be some degree of convergence, the regional and political diversity that underpins the patchwork approach will continue to influence the design of any larger trading system, including efforts to establish a global emissions trading system.

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Vol 46, No 1

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Articles

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