Publication:
Tokyo's Emissions Trading System : A Case Study

dc.contributor.author Lee, Marcus
dc.contributor.author Colopinto, Kimberly
dc.date.accessioned 2012-08-13T10:40:01Z
dc.date.available 2012-08-13T10:40:01Z
dc.date.issued 2010-06
dc.description.abstract The Tokyo Metropolitan Government (TMG) has developed the world's first cap and trade program at the city level targeting energy-related CO2. Called the Emissions Trading System (ETS), the program took effect in April 2010 and covers 1,340 large facilities including industrial factories, public buildings, educational institutions and commercial buildings. Targeting the city level for the reduction of Greenhouse Gas (GHG) emissions is of vital importance for climate change mitigation goals. Although there are several ETSs targeting GHGs around the world, none have operated at the city level until Tokyo's. City-based ETS systems have been largely aimed at enhancing local air quality by targeting local pollutants that may also happen to be GHGs. There are three particularly relevant cases of ETSs covering local pollutants at the city level. Tokyo's ETS is unique because it is the only one targeting GHGs, with the primary objective of mitigating climate change. Emissions trading are a market-based approach for addressing air pollution problems. If designed and implemented well, emissions trading systems can be economically efficient, providing incentives for participants to reduce their emissions of specified pollutants. An ETS, when functioning well, results in overall emissions remaining within the cap, while individual participants have the flexibility of a market-based mechanism within which to operate. en
dc.identifier http://documents.worldbank.org/curated/en/2010/06/13737872/tokyos-emissions-trading-system-case-study
dc.identifier.uri http://hdl.handle.net/10986/10184
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Directions in Urban Development
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject AIR
dc.subject AIR POLLUTION
dc.subject AIR POLLUTION PROBLEMS
dc.subject AIR QUALITY
dc.subject AIR QUALITY MANAGEMENT
dc.subject ALLOWANCE
dc.subject ALLOWANCES
dc.subject ANNUAL EMISSIONS
dc.subject APPROACH
dc.subject AUDITS
dc.subject AVERAGE EMISSIONS
dc.subject BALANCE
dc.subject BASE YEAR EMISSIONS
dc.subject CALCULATION
dc.subject CARBON
dc.subject CARBON CREDITS
dc.subject CARBON MARKETS
dc.subject CH4
dc.subject CLEAN AIR
dc.subject CLIMATE
dc.subject CLIMATE CHANGE
dc.subject CLIMATE CHANGE MITIGATION
dc.subject CLIMATE CHANGE STRATEGY
dc.subject CO
dc.subject CO2
dc.subject COMBUSTION
dc.subject CRUDE OIL
dc.subject CUMULATIVE EMISSIONS
dc.subject ELECTRICITY
dc.subject ELECTRICITY CONSUMPTION
dc.subject ELECTRICITY PRODUCTION
dc.subject EMISSION
dc.subject EMISSION TRADING
dc.subject EMISSIONS
dc.subject EMISSIONS CAPS
dc.subject EMISSIONS INVENTORIES
dc.subject EMISSIONS PROFILES
dc.subject EMISSIONS REDUCTION
dc.subject EMISSIONS REDUCTION STRATEGY
dc.subject EMISSIONS REDUCTIONS
dc.subject ENERGY CONSERVATION
dc.subject ENERGY CONSUMPTION
dc.subject ENERGY EFFICIENCY
dc.subject ENERGY PRODUCERS
dc.subject ENVIRONMENTAL
dc.subject ENVIRONMENTAL ISSUES
dc.subject ENVIRONMENTAL PROTECTION
dc.subject ENVIRONMENTAL PROTECTION AGENCY
dc.subject EQUIVALENT CONSUMPTION
dc.subject FUEL
dc.subject FUEL BILLS
dc.subject FUELS
dc.subject GAS FLOW
dc.subject GASES
dc.subject GENERATION
dc.subject GHG
dc.subject GHGS
dc.subject GLOBAL WARMING
dc.subject GREENHOUSE
dc.subject GREENHOUSE GAS
dc.subject GREENHOUSE GAS REDUCTION
dc.subject HFCS
dc.subject HIGH ENERGY CONSUMPTION
dc.subject HISTORICAL EMISSIONS
dc.subject HYDROFLUOROCARBONS
dc.subject METHANE
dc.subject N2O
dc.subject NITROGEN
dc.subject NITROGEN OXIDES
dc.subject NOX
dc.subject NUCLEAR POWER
dc.subject OFFSET PROGRAM
dc.subject OIL EQUIVALENT
dc.subject ORGANIC MATERIALS
dc.subject PERFLUOROCARBONS
dc.subject PFCS
dc.subject POLLUTANTS
dc.subject POWER COMPANY
dc.subject POWER PLANTS
dc.subject PP
dc.subject PRODUCERS
dc.subject REDUCING EMISSIONS
dc.subject REGIONAL GREENHOUSE GAS INITIATIVE
dc.subject RENEWABLE ENERGY
dc.subject SF6
dc.subject SOLAR ENERGY
dc.subject SOLAR POWER
dc.subject SOLAR WATER HEATING
dc.subject SOX
dc.subject STATIONARY SOURCES
dc.subject SULFUR
dc.subject SULFUR OXIDES
dc.subject SUSPENDED PARTICLES
dc.subject TOTAL EMISSIONS
dc.subject TROPOSPHERIC OZONE
dc.title Tokyo's Emissions Trading System : A Case Study en
dspace.entity.type Publication
okr.crosscuttingsolutionarea Climate Change
okr.date.disclosure 2010-02-07
okr.doctype Publications & Research :: Brief
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2010/06/13737872/tokyos-emissions-trading-system-case-study
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Environment and Natural Resources
okr.globalpractice Energy and Extractives
okr.identifier.externaldocumentum 000356161_20110207032410
okr.identifier.internaldocumentum 13737872
okr.identifier.report 59440
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/02/07/000356161_20110207032410/Rendered/PDF/594400BRI0Dire10Box358281B01PUBLIC1.pdf en
okr.region.administrative East Asia and Pacific
okr.region.country Japan
okr.topic Environment :: Climate Change Mitigation and Green House Gases
okr.topic Macroeconomics and Economic Growth :: Climate Change Economics
okr.topic Energy :: Energy and Environment
okr.topic Energy :: Energy Production and Transportation
okr.topic Environmental Economics and Policies
okr.unit Urban Unit (FEUUR)
okr.volume 1 of 1
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