Gateway And Economics Assignment Final
1 Introduction 3
2 Carbon dioxide (CO2) and its effect 3
2.1 Carbon dioxide and other greenhouse gases 3 2.2 CO2 's effects on atmosphere 3
3 European Commission and Carbon Emission Trading System 4
3.1 European Commission 5 3.2 Carbon Emission trading system 5
4 Arguments 6
5 Conclusion 6
6 References 6
Bibliography 7
1 Introduction
The earth’s climate is changing and human activities are one of the major reasons for it. Each one of us plays a role, in the product we buy, in the electricity we use and the energy that powers our businesses, manufacturing products, transport, agriculture, waste, power generation and other sectors to produce carbon dioxide. Most of the human activities now days release carbon dioxide, Methane, Nitrous Oxide and other greenhouse gases into the atmosphere where they trap the heat from the sun. The consequences for the climate change can be global warming which may lead to various problems for e.g.; sea level rise, lack of water, natural disasters and so on. European Commission established a system to reduce the emission of carbon and the system is called EU emission trading system. Carbon is traded among the EU countries in order to deduce the emission of carbon dioxide. This report will discuss and analyze the system that EU implemented for carbon permits.
2 Carbon dioxide (CO2) and its Effects
2.1 Carbon dioxide (CO2) and other greenhouse gases
Scientifically, Carbon
2 Carbon dioxide (CO2) and its effect 3
2.1 Carbon dioxide and other greenhouse gases 3 2.2 CO2 's effects on atmosphere 3
3 European Commission and Carbon Emission Trading System 4
3.1 European Commission 5 3.2 Carbon Emission trading system 5
4 Arguments 6
5 Conclusion 6
6 References 6
Bibliography 7
1 Introduction
The earth’s climate is changing and human activities are one of the major reasons for it. Each one of us plays a role, in the product we buy, in the electricity we use and the energy that powers our businesses, manufacturing products, transport, agriculture, waste, power generation and other sectors to produce carbon dioxide. Most of the human activities now days release carbon dioxide, Methane, Nitrous Oxide and other greenhouse gases into the atmosphere where they trap the heat from the sun. The consequences for the climate change can be global warming which may lead to various problems for e.g.; sea level rise, lack of water, natural disasters and so on. European Commission established a system to reduce the emission of carbon and the system is called EU emission trading system. Carbon is traded among the EU countries in order to deduce the emission of carbon dioxide. This report will discuss and analyze the system that EU implemented for carbon permits.
2 Carbon dioxide (CO2) and its Effects
2.1 Carbon dioxide (CO2) and other greenhouse gases
Scientifically, Carbon
References: Economist 2013 [online] Available at http://www.economist.com/news/finance-and-economics/21576388-failure-reform-europes-carbon-market-will-reverberate-round-world-ets > [Accessed 2014] EU Emission Trading System (ETS) 2013. [online] Available at <http://ec.europa.eu/clima/publications/docs/factsheet_ets_en.pdf > European Commission. 2013. Climate Action. [online] Available at: <http://ec.europa.eu/clima/policies/ets/index_en.htm> [Accessed 03 November 14] Mother Nature Network (MNN) 2013. [Online] Availabl at < http://www.mnn.com/earth-matters/climate-weather/stories/co2-101-why-is-carbon-dioxide-bad> [Accessed 09 October 2013] Oxford Dictionary, 2014 [Online] Available at <http://www.oxforddictionaries.com/definition/english/global-warming> Wikipedia. 2013. Greenhouse gases. [ONLINE] Available at: <http://en.wikipedia.org/wiki/Greenhouse_gas> [Accesses 03 November 14] 6 Bibliography Bailey, S., 2011 Academic Writing A Handbook for International Students 3rd ed. Oxford: Routledge Cottrell, S., 2013 The Study Skills Handbook 4th ed. U.K. Palgrave Macmillan