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Article: Creating a Market for Clean Air: The Air Pollution Control (Amendment) Ordinance 2008

TitleCreating a Market for Clean Air: The Air Pollution Control (Amendment) Ordinance 2008
Authors
Issue Date2009
PublisherSweet & Maxwell Asia. The Journal's web site is located at http://www.hku.hk/law/hklj/
Citation
Hong Kong Law Journal, 2009, v. 39 n. 2, p. 269-284 How to Cite?
AbstractThe Air Pollution Control (Amendment) Ordinance 2008 was passed in July 2008. This ordinance establishes an emissions trading scheme to facilitate pollution reduction by the two electricity generation companies operating in Hong Kong. This article analyses the features of this scheme from a legal and regulatory perspective, and advances three claims. First, the regulatory authority plays a significant coordination and oversight role, which may be necessary to steer the market and to ensure the environmental integrity of the scheme. This underscores the need to be cautious of claims of the cost-effectiveness and administrative ease of emissions trading, particularly in the context of trading across jurisdictions which differ in environmental quality, laws and enforcement. Secondly, the environmental effectiveness of the emissions trading scheme is questionable given the size of the market. Finally, this article draws parallels between the Hong Kong scheme and the Kyoto Protocol’s Clean Development Mechanism and argues that an independent regulatory body is essential to guarantee due process and environmental integrity.
DescriptionAnalysis
Persistent Identifierhttp://hdl.handle.net/10722/74772
ISSN
2015 Impact Factor: 0.215
2015 SCImago Journal Rankings: 0.101

 

DC FieldValueLanguage
dc.contributor.authorLin, Jen_HK
dc.date.accessioned2010-09-06T07:04:44Z-
dc.date.available2010-09-06T07:04:44Z-
dc.date.issued2009en_HK
dc.identifier.citationHong Kong Law Journal, 2009, v. 39 n. 2, p. 269-284en_HK
dc.identifier.issn0378-0600en_HK
dc.identifier.urihttp://hdl.handle.net/10722/74772-
dc.descriptionAnalysis-
dc.description.abstractThe Air Pollution Control (Amendment) Ordinance 2008 was passed in July 2008. This ordinance establishes an emissions trading scheme to facilitate pollution reduction by the two electricity generation companies operating in Hong Kong. This article analyses the features of this scheme from a legal and regulatory perspective, and advances three claims. First, the regulatory authority plays a significant coordination and oversight role, which may be necessary to steer the market and to ensure the environmental integrity of the scheme. This underscores the need to be cautious of claims of the cost-effectiveness and administrative ease of emissions trading, particularly in the context of trading across jurisdictions which differ in environmental quality, laws and enforcement. Secondly, the environmental effectiveness of the emissions trading scheme is questionable given the size of the market. Finally, this article draws parallels between the Hong Kong scheme and the Kyoto Protocol’s Clean Development Mechanism and argues that an independent regulatory body is essential to guarantee due process and environmental integrity.en_HK
dc.languageengen_HK
dc.publisherSweet & Maxwell Asia. The Journal's web site is located at http://www.hku.hk/law/hklj/en_HK
dc.relation.ispartofHong Kong Law Journalen_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.titleCreating a Market for Clean Air: The Air Pollution Control (Amendment) Ordinance 2008en_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0378-0600&volume=39&issue=2&spage=269&epage=284&date=2009&atitle=Creating+a+Market+for+Clean+Air:+The+Air+Pollution+Control+(Amendment)+Ordinance+2008en_HK
dc.identifier.emailLin, J: jolene@hku.hken_HK
dc.description.naturepublished_or_final_version-
dc.identifier.hkuros157577en_HK
dc.identifier.volume39-
dc.identifier.issue2-
dc.identifier.spage269-
dc.identifier.epage284-

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