A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity

Nishant Bhattarai; Toufic Mezher; Ahmad Mayyas

doi:10.1109/GHTC56179.2023.10354687

A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity

Nishant Bhattarai
, Toufic Mezher
, Ahmad Mayyas

Industrial and Systems Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Scopus citations

Abstract

This research explores the significance of emission trading systems (ETS) as a tool for addressing climate change and supporting humanitarian efforts. This paper investigates the execution of emissions trading systems (ETSs) in twenty different regions, including supranational, national, and provincial system which aims to evaluate various ETS cases at different levels. Furthermore, also assessed their environmental effectiveness and revenue management practices. The findings showed that the European Union is leading in allocating revenue for green technologies while the United States focuses on distributional equity, and Germany's for efficient revenue management, underscoring the diverse strategies in ETS regions. In conclusion, this study emphasizes the significance of revenue distribution in emission trading systems (ETS) to address environmental issues, advance equity, and support sustainable economic development, offering insightful information for decision-makers and directing future initiatives towards a greener and more inclusive future.

Original language	British English
Title of host publication	2023 IEEE Global Humanitarian Technology Conference, GHTC 2023
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	159-166
Number of pages	8
ISBN (Electronic)	9798350321326
DOIs	https://doi.org/10.1109/GHTC56179.2023.10354687
State	Published - 2023
Event	13th Annual IEEE Global Humanitarian Technology Conference, GHTC 2023 - Radnor, United States Duration: 12 Oct 2023 → 15 Oct 2023

Publication series

Name	2023 IEEE Global Humanitarian Technology Conference, GHTC 2023

Conference

Conference	13th Annual IEEE Global Humanitarian Technology Conference, GHTC 2023
Country/Territory	United States
City	Radnor
Period	12/10/23 → 15/10/23

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy
SDG 8 Decent Work and Economic Growth
SDG 13 Climate Action
SDG 17 Partnerships for the Goals

Keywords

Cap-and-Trade
Carbon Market
Climate Policy Emissions
Equity Distribution
Revenue

Access to Document

10.1109/GHTC56179.2023.10354687

OpenUrl availability

Full text

Cite this

Bhattarai, N., Mezher, T., & Mayyas, A. (2023). A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity. In 2023 IEEE Global Humanitarian Technology Conference, GHTC 2023 (pp. 159-166). (2023 IEEE Global Humanitarian Technology Conference, GHTC 2023). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/GHTC56179.2023.10354687

Bhattarai, Nishant ; Mezher, Toufic ; Mayyas, Ahmad. / A Review on Emission Trading System (ETS) : Policy Tool for Green Technology Transition and Humanitarian Equity. 2023 IEEE Global Humanitarian Technology Conference, GHTC 2023. Institute of Electrical and Electronics Engineers Inc., 2023. pp. 159-166 (2023 IEEE Global Humanitarian Technology Conference, GHTC 2023).

@inproceedings{67dfee2ac808443384dfd597ca39722a,

title = "A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity",

abstract = "This research explores the significance of emission trading systems (ETS) as a tool for addressing climate change and supporting humanitarian efforts. This paper investigates the execution of emissions trading systems (ETSs) in twenty different regions, including supranational, national, and provincial system which aims to evaluate various ETS cases at different levels. Furthermore, also assessed their environmental effectiveness and revenue management practices. The findings showed that the European Union is leading in allocating revenue for green technologies while the United States focuses on distributional equity, and Germany's for efficient revenue management, underscoring the diverse strategies in ETS regions. In conclusion, this study emphasizes the significance of revenue distribution in emission trading systems (ETS) to address environmental issues, advance equity, and support sustainable economic development, offering insightful information for decision-makers and directing future initiatives towards a greener and more inclusive future.",

keywords = "Cap-and-Trade, Carbon Market, Climate Policy Emissions, Equity Distribution, Revenue",

author = "Nishant Bhattarai and Toufic Mezher and Ahmad Mayyas",

note = "Publisher Copyright: {\textcopyright} 2023 IEEE.; 13th Annual IEEE Global Humanitarian Technology Conference, GHTC 2023 ; Conference date: 12-10-2023 Through 15-10-2023",

year = "2023",

doi = "10.1109/GHTC56179.2023.10354687",

language = "British English",

series = "2023 IEEE Global Humanitarian Technology Conference, GHTC 2023",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

pages = "159--166",

booktitle = "2023 IEEE Global Humanitarian Technology Conference, GHTC 2023",

address = "United States",

}

Bhattarai, N, Mezher, T & Mayyas, A 2023, A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity. in 2023 IEEE Global Humanitarian Technology Conference, GHTC 2023. 2023 IEEE Global Humanitarian Technology Conference, GHTC 2023, Institute of Electrical and Electronics Engineers Inc., pp. 159-166, 13th Annual IEEE Global Humanitarian Technology Conference, GHTC 2023, Radnor, United States, 12/10/23. https://doi.org/10.1109/GHTC56179.2023.10354687

A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity. / Bhattarai, Nishant; Mezher, Toufic ; Mayyas, Ahmad.
2023 IEEE Global Humanitarian Technology Conference, GHTC 2023. Institute of Electrical and Electronics Engineers Inc., 2023. p. 159-166 (2023 IEEE Global Humanitarian Technology Conference, GHTC 2023).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - A Review on Emission Trading System (ETS)

T2 - 13th Annual IEEE Global Humanitarian Technology Conference, GHTC 2023

AU - Bhattarai, Nishant

AU - Mezher, Toufic

AU - Mayyas, Ahmad

PY - 2023

Y1 - 2023

N2 - This research explores the significance of emission trading systems (ETS) as a tool for addressing climate change and supporting humanitarian efforts. This paper investigates the execution of emissions trading systems (ETSs) in twenty different regions, including supranational, national, and provincial system which aims to evaluate various ETS cases at different levels. Furthermore, also assessed their environmental effectiveness and revenue management practices. The findings showed that the European Union is leading in allocating revenue for green technologies while the United States focuses on distributional equity, and Germany's for efficient revenue management, underscoring the diverse strategies in ETS regions. In conclusion, this study emphasizes the significance of revenue distribution in emission trading systems (ETS) to address environmental issues, advance equity, and support sustainable economic development, offering insightful information for decision-makers and directing future initiatives towards a greener and more inclusive future.

AB - This research explores the significance of emission trading systems (ETS) as a tool for addressing climate change and supporting humanitarian efforts. This paper investigates the execution of emissions trading systems (ETSs) in twenty different regions, including supranational, national, and provincial system which aims to evaluate various ETS cases at different levels. Furthermore, also assessed their environmental effectiveness and revenue management practices. The findings showed that the European Union is leading in allocating revenue for green technologies while the United States focuses on distributional equity, and Germany's for efficient revenue management, underscoring the diverse strategies in ETS regions. In conclusion, this study emphasizes the significance of revenue distribution in emission trading systems (ETS) to address environmental issues, advance equity, and support sustainable economic development, offering insightful information for decision-makers and directing future initiatives towards a greener and more inclusive future.

KW - Cap-and-Trade

KW - Carbon Market

KW - Climate Policy Emissions

KW - Equity Distribution

KW - Revenue

UR - https://www.scopus.com/pages/publications/85182743375

U2 - 10.1109/GHTC56179.2023.10354687

DO - 10.1109/GHTC56179.2023.10354687

M3 - Conference contribution

AN - SCOPUS:85182743375

T3 - 2023 IEEE Global Humanitarian Technology Conference, GHTC 2023

SP - 159

EP - 166

BT - 2023 IEEE Global Humanitarian Technology Conference, GHTC 2023

PB - Institute of Electrical and Electronics Engineers Inc.

Y2 - 12 October 2023 through 15 October 2023

ER -

Bhattarai N, Mezher T , Mayyas A. A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity. In 2023 IEEE Global Humanitarian Technology Conference, GHTC 2023. Institute of Electrical and Electronics Engineers Inc. 2023. p. 159-166. (2023 IEEE Global Humanitarian Technology Conference, GHTC 2023). doi: 10.1109/GHTC56179.2023.10354687

A Review on Emission Trading System (ETS): Policy Tool for Green Technology Transition and Humanitarian Equity

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

OpenUrl availability

Other files and links

Fingerprint

Cite this