Issue 2/2007
| Separating the Wheat from the Chaff:Regulating Greenhouse Gases in a Climate of Uncertainty Rosemary Lyster Reliance on the word “climate” in the title of this article is a deliberate pun. The phenomenon of global climate change requires a drastic reduction of greenhouse gas emissions, especially from the stationary energy sector, if the concentrations of greenhouse gases (GHGs) in the atmosphere are to be contained at current levels and prevented from escalating dramatically in the future. |
| Allocation of Greenhouse Gas Allowances in the United States – A Northeastern Example Dr. Camilla Bausch, Sandra Cavalieri Arguably the best-known greenhouse gas (GHG) emissions trading initiative in the U.S. is the Regional Greenhouse Gas Initiative (RGGI). As of October 2007, a group of 10 states in the northeastern U.S. have agreed to begin an emissions trading system on 1 January 2009. |
| The Programmatic Approach to CDM:Benefits for Energy Efficiency Projects Dr. rer. pol. Patrick Matschoss The Clean Development Mechanism (CDM) is one of the Kyoto Protocol’s flexibility mechanisms. As a project-based mechanism, it has a dual objective of reducing greenhouse gas (GHG) emissions, on the one hand, and contributing to the host countries’ sustainable development, on the other. Energy efficiency, especially end-use efficiency projects, create high sustainable development benefits, as they reduce energy poverty. |
| Market shares and dominant market positions in the case of emissions trading Omar Scharifi In the context of the fight against global warming, greenhouse gas emissions trading has become one of the most important instruments on both the global and the regional level. On the global level, the Kyoto Protocol and the related Marrakech Accords define a regulatory framework. On the regional level, the EU emissions trading scheme is the predominant system. These agreements create new markets for emission entitlements. |
| Approval of JI and CDM Projects with Germany as Host and Investor Country – An Analysis of the German Project Mechanisms Act Dr. Markus Appel Over the past 30 years, global temperatures have risen continuously by around 0.2°C per decade; the ten warmest years on record have occurred since 1990. Since the discovery of this trend, there has been considerable debate over whether climate change can be attributed to human activities. Although arguments are made against human induced climate change, most scientists nowadays ascribe global warming to an increase in greenhouse gases (GHG) caused by human activities. |
| Distributive Justice and Sustainability as a Viable Foundation for the Future Climate Regime Achala Chandani A number of new principles have recently emerged international environmental law, and a majority of these principles is, directly or indirectly, used in international climate change regime. Most of these are used as “directing principles” in modern environmental policy. There is a vast range of literature describing and criticizing the functions and normative value of these principles, and some set out future environmental protection strategies based on them. |
| Bridging the Divide in Global Climate Policy –Strategies for Enhanced Participation and Integration Professor Dr. jur. Michael Rodi 15 years after the climate conference in Rio de Janeiro, an international climate regime with clear structures has emerged. For several years, a rapidly growing carbon market has been a reality.At the same time, however, the recent Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC)3 merely underscores what we already know: global warming is a serious and potentially devastating threat. |
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