A Review of Emerging GHG Emissions Trading in North America: Fragmentation or Progress?
AbstractA 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.
Author(s) retain original copyright in the substantive content of the titled work, subject to the following rights that are granted indefinitely:
- Author(s) grant the Alberta Law Review permission to produce, publish, disseminate, and distribute the titled work in electronic format to online database services, including, but not limited to: LexisNexis, QuickLaw, HeinOnline, and EBSCO;
- Author(s) grant the Alberta Law Review permission to post the titled work on the Alberta Law Review website and/or related websites.
- Author(s) agree that the titled work may be used for educational or instructional purposes and/or in educational or instructional materials. The author(s) acknowledge that the titled work is subject to other such "fair dealing" provisions and applicable legislation.
- Author(s) grant a limited license to those accessing the titled work from an electronic database or an Alberta Law Review website to download the titled work onto their computer and to print a copy for their own personal, non-commercial use, subject to proper attribution.
To use the journal's content elsewhere, permission must be obtained from the author(s) and the Alberta Law Review.