Emissions Trading and the Potential Benefits for ASEAN: Exploring the Possibilities for Brunei Darussalam
Author(s) -
Andi Tabrani,
Roger Lawrey,
J. Ram Pillarisetti
Publication year - 2012
Publication title -
journal of sustainable development
Language(s) - English
Resource type - Journals
eISSN - 1913-9071
pISSN - 1913-9063
DOI - 10.5539/jsd.v5n11p46
Subject(s) - clean development mechanism , revenue , carbon offset , offset (computer science) , emissions trading , renewable energy , business , natural resource economics , economics , greenhouse gas , finance , ecology , computer science , biology , programming language , electrical engineering , engineering
This paper reviews international agreements related to carbon trading, and examines ASEAN countries’ participation in the Clean Development Mechanism (CDM). It presents information on the forest and energy sectors in Brunei and explores the potential for Brunei’s participation in carbon trading. It concludes that there is considerable potential for greater involvement of ASEAN in general and of Brunei Darussalam in particular and that the revenues from trading could offset higher capital costs of investments in efficiency and renewable energy technologies.
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