| Foreword | p. V |
| Preface and acknowledgements | p. VII |
| Introduction | p. 1 |
| Institutional design, decision making and innovation | |
| Abatement costs vs. compliance costs in multi-period emissions trading - the firms' perspective | p. 11 |
| Introduction | p. 12 |
| Emissions trading and allocation of allowances | p. 13 |
| The model | p. 16 |
| Numerical analysis | p. 20 |
| Conclusion | p. 23 |
| Generous allocation and a ban on banking - implications of a simulation game for EU emissions trading | p. 27 |
| Introduction | p. 28 |
| Banking in the EU ETS | p. 29 |
| The emissions trading simulation Set Up | p. 30 |
| Results of Set Up | p. 33 |
| Conclusions | p. 36 |
| Emissions trading and innovation in the German electricity industry-impact of possible design options for an emissions trading scheme on innovation strategies in the German electricity industry | p. 39 |
| Introduction | p. 40 |
| Innovation and windows of opportunity | p. 40 |
| Time windows in the German electricity market | p. 41 |
| Innovation incentives of different allocation methods | p. 45 |
| Conclusions | p. 49 |
| A dynamic game of technology diffusion under emissions trading: an experiment | p. 53 |
| Introduction | p. 54 |
| The model | p. 55 |
| The game | p. 58 |
| The experiment | p. 65 |
| Concluding remarks | p. 69 |
| Sustainability entrepreneurship in the context of emissions trading | p. 73 |
| Introduction | p. 74 |
| Conceptual framework | p. 74 |
| Sustainability intra- and interpreneurship in the context of emissions trading | p. 80 |
| Conclusions | p. 84 |
| Investment and management strategies under emissions trading | |
| Optimal strategies for emissions trading in a Putty-Clay Vintage Model | p. 91 |
| Introduction | p. 92 |
| Emissions trading from the firm's perspective | p. 92 |
| Short-term production planning | p. 94 |
| Long-term production planning with the Vintage Production Functions and the Putty-Clay Model | p. 97 |
| Integrated investment and production planning | p. 100 |
| Conclusions | p. 102 |
| Strategic production management of companies participating in the European greenhouse gas emission allowance trading scheme | p. 105 |
| Introduction | p. 106 |
| Characterisation of the new production factor emission allowances | p. 106 |
| A model for investment and production planning within electric utilities considering the framework of the European CO[subscript 2] emission allowance trading | p. 107 |
| Long term planning of energy supply concepts in energy-intensive production companies | p. 112 |
| A model to analyse the efficiency of international cooperation in mitigating climate change | p. 115 |
| Summary | p. 116 |
| Decision making in the emissions-market under uncertainty | p. 119 |
| Background | p. 120 |
| Modelling the decision process | p. 120 |
| Modelling the stochastic variables | p. 122 |
| Optimization model | p. 124 |
| Exemplary results | p. 127 |
| Summary and outlook | p. 131 |
| The impact of climate policy on heat and power capacity investment decisions | p. 133 |
| Introduction | p. 134 |
| Investment decision process | p. 135 |
| Quantitative investment appraisal | p. 138 |
| Discussion and conclusions | p. 145 |
| Implications of the European emissions trading scheme for strategic energy management in small and medium enterprises | p. 151 |
| Introduction | p. 152 |
| Relevance of the European emissions trading scheme for small and medium enterprises | p. 152 |
| Implications of the community scheme for small and medium enterprises | p. 154 |
| Scenario analysis involving dependence on the emissions allowance price | p. 159 |
| Conclusion | p. 163 |
| Management and optimization of environmental data within emissions trading markets-VEREGISTER and TEMPI | p. 165 |
| Introduction | p. 166 |
| Management of greenhouse gas emissions | p. 166 |
| Forecasting and econo-mathematics | p. 169 |
| Emissions trading market | p. 173 |
| Conclusion | p. 176 |
| Emissions trading with changing future commitments - some initial thoughts | p. 177 |
| Introduction | p. 178 |
| Application of the discounted cash flow approach | p. 179 |
| Emissions trading and real options | p. 181 |
| Conclusions | p. 185 |
| Emissions trading and business administration | |
| Emission Trading North - important findings from a business perspective | p. 189 |
| Introduction | p. 190 |
| The pilot project | p. 190 |
| Results | p. 192 |
| Final remarks | p. 196 |
| Corporate greenhouse gas management in the context of emissions trading regimes | p. 199 |
| Introduction | p. 200 |
| How GHGs affect companies | p. 200 |
| Emerging organizational fields of GHG management | p. 205 |
| Internal effects of GHG emissions trading regimes on companies | p. 208 |
| Accounting for emission rights | p. 219 |
| Introduction | p. 220 |
| Evolution of the climate policy up until the introduction of the scheme for greenhouse gas emission allowance trading | p. 221 |
| Greenhouse gas emission reporting | p. 223 |
| Treatment of emission rights in the annual accounts | p. 229 |
| Evolution of accounting at the international level | p. 235 |
| Possible development of the recognition of environmental issues in annual accounts | p. 237 |
| Summary | p. 239 |
| The role of stakeholder driven corporate governance - the example of BP's climate change strategy | p. 241 |
| Introduction | p. 242 |
| Background: evaluation research and policy network analysis | p. 243 |
| Evaluation and assessment of the GHG commitment | p. 244 |
| The policy network approach applied to the BP plc. policy making process | p. 248 |
| Conclusions from the case study | p. 252 |
| Emissions trading and effects on financial markets | p. 257 |
| Introduction | p. 258 |
| Interactions of financial markets and sustainability | p. 258 |
| Emissions trading and effects at a company level | p. 259 |
| New business opportunities in financial markets | p. 262 |
| Current developments and a framework for pro-active involvement | p. 266 |
| Conclusions | p. 270 |
| Effects of emissions trading schemes existing and being implemented | |
| The EU emissions trading scheme and its competitiveness effects upon European business - results from the CGE model DART | p. 275 |
| Introduction | p. 276 |
| Emissions trading and competitiveness in a globalizing world | p. 277 |
| Simulation of competitiveness effects of the EU emissions trading scheme | p. 278 |
| Simulation results | p. 282 |
| Summary and conclusions | p. 287 |
| Implementing the EU emissions trading directive in Spain: a comparative study of corporate concerns and strategies in different industrial sectors | p. 293 |
| Introduction: aim, scope and methodology | p. 294 |
| The theoretical approach: public choice and climate policy | p. 295 |
| Firms, emissions trading and allocation: the views and strategies of the sectors covered by the EU ETS | p. 296 |
| Concluding remarks | p. 311 |
| UK's climate change levy and emissions trading scheme: implications for businesses' productivity and economic efficiency | p. 313 |
| Introduction | p. 313 |
| Overview of UK's climate change levy (CCL) and emissions trading scheme (ETS) | p. 314 |
| The stochastic translog frontier cost function model | p. 316 |
| Dynamics of the model | p. 319 |
| The experience so far | p. 320 |
| Conclusion | p. 323 |
| The sources of emission reductions: evidence from U.S. SO[subscript 2] emissions from 1985 through 2002 | p. 327 |
| Introduction | p. 328 |
| Data and methodology | p. 330 |
| Decomposition results | p. 334 |
| Conclusion | p. 340 |
| Policy-business interaction in emissions trading between multiple regions | p. 353 |
| Emissions trading on multiple levels | p. 354 |
| Links between economic growth, emission reductions and mitigation costs | p. 357 |
| Choice between technical options | p. 360 |
| Non-linear ratios | p. 361 |
| Model-based data and computations for the world's regions and selected cases | p. 364 |
| The changing role of the project mechanisms in emissions trading | p. 369 |
| Introduction | p. 370 |
| Development of the project mechanisms | p. 370 |
| What can be done to reduce costs in the CDM and where is progress being made? | p. 377 |
| Conclusions | p. 383 |
| Prevailing technologies and locations of CDM projects: the current situation compared with expectations | p. 387 |
| Introduction | p. 388 |
| Overview of CDM projects at present | p. 388 |
| Determinants of the IRR of a landfill project | p. 395 |
| Conclusions | p. 399 |
| Table of Contents provided by Ingram. All Rights Reserved. |
