Case Studies of Emission Trading and Taxing
My topic will be the New Zealand Emissions Trading Scheme (ETS)
It is to be a Power Point presentation that will last approximately 20 minutes.
Background
There have beenmany emissions trading schemes (ETS) and taxation policies (ETP) worldwide. Acloser, comparative review/synthesis of these schemes and policies (see exampleslisted below) is warranted, which will be your assignment due by the end ofWeek 8. Thus, a consistent set of questions and/or issues for each chosen ETS/ETPwill be researched and presented by the class members. Our intent is to have ahigh-quality set of PowerPoint presentations. In addition to your own research,I suggest you to review the material we have covered in weeks 6 and 7 as youprepare this assignment. (If you find any report/article that may be particularlyuseful to your colleagues, please pass that information to them.)
Product& Its Delivery
Everyone isasked to email me his/her selection of up to 3 choices by 7 pm, Monday, October11th. For convenience, please make your ETS/ETP selections in theExcel spreadsheet provided. Thereafter, within the next day or so, I will assigna specific ETS/ETP to each one according to your preferences and suchconsiderations as avoidance of topic duplication and promotion of complementarylearning. Following careful research and discussion, each one is required toproduce a ~20-minute presentation with audio (See the detail of how to recordyour presentation in another file). All the presentations must be posted onthe FOR 835 D2L website by 7 pm, Friday, October 22.
PresentationComponents (graphics/images are encouraged and must be cited)
1. Title slide with ETS/ETP name (use a subtitle,if you like) and student names;
2. Historical development of the ETS/ETP (if necessary,use multiple slides);
3. Which pollution sources are directly covered bythe ETS/ETP?
4. I. In case you pick an ETS,
a. How is the CO2e/SO2/NOxprice determined (historically/currently)? What is the quantity unit associatedwith the price? What instruments exist within this ETS (e.g., futures);
b. If available, what are the price trends? Whatfactors have affected these trends?
c. How are CO2e/SO2/NOxactually traded? That is, how does this market work (e.g., monthly auction,Dutch auction, etc.);
d. Does this ETS relate or link to other ETS(s)? Ifso, how?
II. Incase it is an ETP,
e. Sectors of the economy covered;
f. Notable exemptions;
g. Tax rate and its change over time;
h. Allocation of tax revenues;
i. Transparency provisions;
j. Any modification in the policy and/or itsperception.
5. What do prognosticators say about the future ofthis ETS/ETP? What have you found in terms of its design and performance?
a. For ETS, way(s) of initial allowances allocation; monitoring, reporting and verification(MRV); offsetting; compliance/penalty mechanism; market behavior…
b. For ETP, see the elements listed above.
6. References.
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