A Comparative Analysis of Emissions Trading Scheme and Industrial Carbon Management in Developed Economies.

The integration of Industrial carbon management technologies, such as, carbon capture and storage (CCS) and carbon dioxide removal(CDR), within an emission trading scheme(ETS), offers a promising avenue for achieving net emissions reductions and lowering atmospheric concentrations of CO2, which is the major contributors to GHG emissions. In this paper, we explore how various jurisdictions have approached this relationship across five key regulatory considerations: the treatment of CCS and CDR activities within ETS frameworks, allocates ETS revenues to support CCS and CDR technologies. The recognition of different CO2 transport methods and the CO2 storage jurisdictions possibilities, are not within the purview of this paper.

ACCU-Australian Carbon Credit Unit; BECCS- Bio energy with carbon capture and storage;

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