As many countries, regions, cities, and states implement emissions trading policies to limit CO2 emissions, they turn to the European Union's experience with its emissions trading scheme since 2005. As a prominent example of a regional carbon pricing policy, it has attracted significant attention from scholars interested in evaluating the effectiveness and impacts of emissions trading. Among the key difficulties faced by researchers is isolating the effect of the EU ETS on industry operation, investment, and pricing decisions from other dominant factors such as the financial crisis, and establishing credible counterfactual scenarios against this backdrop. This article reviews the evidence, focusing on two intended effects (emissions abatement and investment in low‐carbon technologies) as well as two side‐effects (profits and price impacts). We find that the EU ETS cut CO2 emissions by 40–80 million t/year on average, or 2–4% of the total capped, while the evidence on innovation and investment impacts is inconclusive. There is strong empirical support for cost‐pass through in electricity (20–100%), in diesel and gasoline (>50%), and some preliminary evidence of pricing power in other industrial sectors. Windfall profits have amounted to billions of Euros, and concentrated in a few large companies. This article is categorized under: Climate Economics > Economics of Mitigation The Carbon Economy and Climate Mitigation > Policies, Instruments, Lifestyles, Behavior Policy and Governance > Multilevel and Transnational Climate Change Governance

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In recent decades, Guyana's gold-rich interior has been the location of numerous, mostly low-latent, conflicts. In each case, groups of Afro and Indo-Guyanese originating from the country's coastal cities and towns - popularly referred to as ‘Coast Landers' - have clashed with indigenous Amerindians over control of remote parcels of land containing gold deposits. Each appears to have a valid argument in support of its position: the former contend that they are legally entitled to work these lands, having obtained the requisite permits from the central government to mine for gold, whilst the latter maintain that such decisions constitute a breach of their human rights, and draw attention to key legislation in support of their case. This article broadens understanding of the dynamics of these conflicts by reflecting more critically on the arguments presented by both parties. Drawing heavily on research conducted in Mahdia-Campbelltown, one location where frictions between Coast Lander mining groups and Amerindians are particularly serious, it is argued that these disputes are not about control of gold riches as is popularly believed but rather a product of deeply-rooted ethnic tensions between these parties

We outline the theoretical and political background to the global carbon mechanisms and how they emerged in the form of the Kyoto Protocol's Clean Development Mechanism, Joint Implementation, and Intergovernmental Emissions Trading. We present empirical data on the response to date and the variants that have arisen. Based on this, we analyse the issues and evidence on the main controversies around additionality, efficiency and effectiveness of the instruments. The final part of the paper considers some of the implications for future development.

Environmental improvement initiatives in the coal mining industry: maximisation of the triple bottom line. Production Planning and Control, 30 (5-6). pp. 426-436.