Analy­sis of sta­tus of reg­u­la­to­ry frame­works for GHG (green­house gas) emis­sions, car­bon mar­kets, and green tech­nol­o­gy devel­op­ment lead­ing to an envi­ron­men­tal strat­e­gy for GHG emis­sions.

DE was asked to research the dif­fer­ent car­bon mar­kets — both vol­un­tary and reg­u­lat­ed — and to pro­vide a sum­ma­ry of their sta­tus and rel­e­vance to the ener­gy sec­tor. The West­ern Cli­mate Ini­tia­tive, the Region­al Green­house Gas Ini­tia­tive, vol­un­tary car­bon mar­kets, and the reg­u­lat­ed Euro­pean Emmis­sions Trad­ing Sys­tem (EU-ETS) were key focused on. Pro­posed reg­u­la­to­ry frame­works and trad­ing schemes in North Amer­i­ca were also ana­lyzed.