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

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    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 languageBritish English
    Title of host publication2023 IEEE Global Humanitarian Technology Conference, GHTC 2023
    PublisherInstitute of Electrical and Electronics Engineers Inc.
    Pages159-166
    Number of pages8
    ISBN (Electronic)9798350321326
    DOIs
    StatePublished - 2023
    Event13th Annual IEEE Global Humanitarian Technology Conference, GHTC 2023 - Radnor, United States
    Duration: 12 Oct 202315 Oct 2023

    Publication series

    Name2023 IEEE Global Humanitarian Technology Conference, GHTC 2023

    Conference

    Conference13th Annual IEEE Global Humanitarian Technology Conference, GHTC 2023
    Country/TerritoryUnited States
    CityRadnor
    Period12/10/2315/10/23

    Keywords

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

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