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Record W2564765973 · doi:10.4337/9781788111171.00026

Developing the North American carbon market: prospects for sustainable linking

2017· book-chapter· en· W2564765973 on OpenAlexaboutno aff
Sven Rudolph, Takeshi Kawakatsu, Achim Lerch

Bibliographic record

VenueEdward Elgar Publishing eBooks · 2017
Typebook-chapter
Languageen
FieldEconomics, Econometrics and Finance
TopicClimate Change Policy and Economics
Canadian institutionsnot available
Fundersnot available
KeywordsSustainabilityCarbon taxRevenueCarbon marketEmissions tradingBusinessEconomicsNatural resource economicsPolitical scienceGreenhouse gasFinanceEcology

Abstract

fetched live from OpenAlex

While the Paris agreement certainly gives hope for effective global climate protection, it has to be substantiated by concrete policy programs. Regional or local market-based mitigation measures provide a promising supplement to national policies. Some regions and municipalities have already successfully implemented carbon taxes and carbon cap-and-trade such as the US North East, British Columbia and Tokyo. While national carbon markets have remained politically deadlocked in the US and Canada, particularly promising regional schemes have appeared, an international linkage has been established between California and Québec, and more programs and linkages are under way. Despite of some criticism, ambitious carbon markets promise to minimize compliance costs and achieve pre-set targets accurately. In addition, linkages between sub-national schemes can increase the economic efficiency and environmental effectiveness, and help in developing national or even international carbon markets from the bottom-up. But, effectiveness and efficiency alone do not suffice. Social justice was one of the founding principles of sustainability; it has become an increasingly important issue in climate policy, and recent policy debates have been forced to reconsider questions such as electricity price effects and the use of carbon pricing revenues. As research on the sustainability of regional carbon market linkages in North America is virtually non-existent, in our chapter we ask if and how these linkages can foster efficient, effective and fair climate policy in the US and Canada. We do so by, first, reviewing the arguments on efficient and effective carbon market design and linking and then adding a social justice component. Second, we give an overview of established and upcoming carbon markets in Canada and the US and identify the chances and barriers of linking. Third, we evaluate the programs based on sustainability criteria and analyze the prospects for linking. We show that North America has a new historic chance to act as a role model for sustainable climate policy developed from the bottom-up by linking sub-national carbon markets.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Scholarly communication
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.770
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.001
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0040.001
Open science0.0020.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.072
GPT teacher head0.245
Teacher spread0.173 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations11
Published2017
Admission routes1
Has abstractyes

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Same venueEdward Elgar Publishing eBooksSame topicClimate Change Policy and EconomicsFrench-language works237,207