Скачать или смотреть CARBON MARKETS EXPLAINED: From Europe's ETS to a Global System

How do you make polluting expensive? For decades, emitting CO₂ into the atmosphere was essentially free. Now, a massive global experiment is underway to change that: the carbon market. This in-depth guide explains everything you need to know about cap-and-trade systems, the primary tool being used to put a price on carbon and fight climate change.

We'll take you on a journey from the creation of Europe's pioneering Emissions Trading System (EU ETS)—the largest in the world—to its expansion across the globe, from California to China. Understand the economics, the politics, and the immense challenges of creating a global price on pollution.

▶️ In this video, you will learn:

⚙️ How Cap-and-Trade REALLY Works: A simple, step-by-step breakdown of the core mechanics: setting the cap, issuing allowances, and enabling trade.

🇪🇺 Europe's Bumpy Ride: Discover the history of the EU ETS, from its early price crashes to the key reforms (like the Market Stability Reserve) that made it a success.

🌍 The Global Expansion: Compare the world's major carbon markets, including China's massive new system, the linked California-Québec market, and others.

📊 Key Data & Prices: Understand why a tonne of carbon costs over €85 in Europe but only ~$13 in China, and what that means for global climate action.

🤔 The Future Challenges: Can these markets scale up in time? We break down the four biggest hurdles: Ambition, Cooperation, Stability, and Justice.

⏱️ Chapters:
00:00 - Introduction: Putting a Price on Pollution
00:48 - Part 1: How Carbon Markets (Cap-and-Trade) Work
01:52 - Part 2: Europe's Pioneer Market (The EU ETS)
04:12 - Part 3: Carbon Markets Go Global (China, California & more)
05:49 - Part 4: The Challenges Ahead for Climate Policy

#CarbonMarket #ClimateChange #EUETS #CarbonPrice #ClimatePolicy