Search results for "Carbon offset"
showing 3 items of 3 documents
The carbon footprint of a knowledge organization and emission scenarios for a post-COVID-19 world
2021
Publisher Copyright: © 2021 The looming climate crisis requires an immediate response, in which organizations, as major contributors, should play a central role. However, these organizations need appropriate tools to measure and mitigate their climate impacts. One commonly applied method is carbon footprint analysis. Carbon footprint analyses have been conducted for various types of organizations, but knowledge organizations, such as universities and research institutes, have received far less attention, because their carbon footprint is often less visible and can be easily underestimated. This study is based on the carbon footprint analysis of one multinational knowledge organization. This…
Mitigating the Climate Change Impacts of Aviation through Behavioural Change
2020
Aviation plays a crucial role for economic development and social welfare, but at the same time it also significantly contributes to climate change. Therefore, if the industry wants to follow the same growth path as it has in the past, it will need to mitigate its environmental impacts more seriously or it may otherwise face regulatory restrictions. The current literature has discussed five mitigation strategies. These are technological changes, market-based changes, operational changes, regulatory changes and behavioural changes. While several authors have regarded behavioural changes as the measure with the greatest mitigation potential, it is also the measure that has received far less a…
Modeling the Probability of Informed Trading in the European Carbon Market
2012
We provide evidence of informed trading in the European carbon market. We adapt Easley et al.’s (1996) PIN methodology to the particularities of this market by isolating the trading activity on the two carbon offsets: European Union Allowances (EUAs) and Certified Emission Reductions (CERs). We find that the PIN regularly increases before the publication of the yearly verified-emission reports. CERs exhibit lower average PIN than EUAs. While the PIN of CERs has increased over time, together with its share in total trading activity, EUAs’ PIN has remained pretty stable. Our findings suggest that CERs must not be avoided in any decision or analysis made by researchers, regulators or traders i…