Climate Policies and Carbon Markets

Synopsis

This course ESG511 Climate Policies and Carbon Markets explains climate policies across the world and examines how carbon market mechanisms, namely, carbon emissions trading schemes, carbon tax and carbon credits, are designed, developed and implemented in various countries. It also provides a critical review and comparison of these carbon market mechanisms, and discusses their challenges and limitations, as well as impact on the environment, economy, enterprises and the society at large.

Level: 5
Credit Units: 5
Presentation Pattern: EVERY REGULAR SEMESTER

Topics

Climate target and carbon neutrality
Market mechanisms to decarbonisation
Overview of global carbon emissions trading schemes
Carbon emissions trading schemes: Opportunities and challenges
Carbon emissions trading schemes: Impact analysis
Overview of global carbon tax
Carbon tax: Challenges and debates
Carbon tax: Impact analysis
Overview of voluntary carbon credits
Voluntary carbon credits: Sources, standards and trading
Comparison of carbon ETS, carbon tax and carbon credits
Carbon pricing and carbon management

Learning Outcome

Compare the carbon emissions trading schemes across countries to identify opportunities and challenges
Assess the effectiveness and issues with carbon tax
Appraise voluntary carbon credits and international carbon standards
Criticize global climate policies based on data and facts
Evaluate the advantages and disadvantages of the carbon ETS, carbon tax and carbon credits
Formulate decarbonisation strategies to respond to the carbon policy in the country where the business is operating.

Part-time Programmes / CET Courses

Singapore University of Social Sciences

Climate Policies and Carbon Markets