Report on Emissions Trading and Financial Accounting in UK

Emission trading has been welcomed by the government and business. Emission trading is the administrative tool to mitigate the climate change adopted by governments or authorities. Emission trading entitles the company to achieve reduce energy cost through self changing behaviour or investing in car...

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Bibliographic Details
Main Author: Yang, Liu
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Online Access:https://eprints.nottingham.ac.uk/21457/
Description
Summary:Emission trading has been welcomed by the government and business. Emission trading is the administrative tool to mitigate the climate change adopted by governments or authorities. Emission trading entitles the company to achieve reduce energy cost through self changing behaviour or investing in carbon-project. This paper focuses on the emission trading in UK, during the periods of UK ETS. The UK ETS is due to end in December 2006; final reconciliation of emissions against targets will take place in March 2007. This paper reviews the policies of UK ETS, emission reduction achieved and investment incentive conducted by UK corporations.