Please use this identifier to cite or link to this item: https://repository.cihe.edu.hk/jspui/handle/cihe/689
Title: The hidden disequities of carbon trading: Carbon emissions, air toxics, and environmental justice
Author(s): Kan, Wing Shan 
Author(s): Lejano, R. P.
Chau, C. C.
Issue Date: 2020
Publisher: Frontiers Research Foundation
Journal: Frontiers in Environmental Science 
Volume: 8
Abstract: 
So long as transaction costs are low, the creation of a tradeable permit to emit carbon should allow bargaining for emission rights among buyers and sellers, resulting in an efficient allocation of carbon emission rights. However, the trading of carbon credits may have socially unjust consequences. In this article, we explore some hitherto unrecognized disequities. One of these may be the creation of toxic hotspots as the trade of carbon may bring with it a transfer of air toxics, as well. We illustrate the argument by examining emissions from refineries participating in California’s cap-and-trade program. These considerations are a concern for the larger question of carbon mitigation as the global community strives to identify feasible, yet just, approaches to reducing greenhouse gas emissions. Contrary to the idea of alienable rights, the transfer of carbon affects people and place in ways not internalized by these market instruments.
URI: https://repository.cihe.edu.hk/jspui/handle/cihe/689
DOI: 10.3389/fenvs.2020.593014
CIHE Affiliated Publication: Yes
Appears in Collections:SS Publication

Files in This Item:
File Description SizeFormat
View Online90 BHTMLView/Open
SFX Query Show full item record

Google ScholarTM

Check

Altmetric

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.