Author:
Publisher: CEPS
ISBN: 9290796553
Category :
Languages : en
Pages : 34

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Author: Hans-Werner Sinn
Publisher: MIT Press
ISBN: 0262300583
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground. The Earth is getting warmer. Yet, as Hans-Werner Sinn points out in this provocative book, the dominant policy approach—which aims to curb consumption of fossil energy—has been ineffective. Despite policy makers' efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for buildings, the relentlessly rising curve of CO2 output does not show the slightest downward turn. Some proposed solutions are downright harmful: cultivating crops to make biofuels not only contributes to global warming but also uses resources that should be devoted to feeding the world's hungry. In The Green Paradox, Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply. The owners of carbon resources, Sinn explains, are pre-empting future regulation by accelerating the production of fossil energy while they can. This is the “Green Paradox”: expected future reduction in carbon consumption has the effect of accelerating climate change. Sinn suggests a supply-side solution: inducing the owners of carbon resources to leave more of their wealth underground. He proposes the swift introduction of a “Super-Kyoto” system—gathering all consumer countries into a cartel by means of a worldwide, coordinated cap-and-trade system supported by the levying of source taxes on capital income—to spoil the resource owners' appetite for financial assets. Only if we can shift our focus from local demand to worldwide supply policies for reducing carbon emissions, Sinn argues, will we have a chance of staving off climate disaster.

Author:
Publisher: Academia Press
ISBN: 9038217080
Category :
Languages : en
Pages : 54

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Author: Stefan E. Weishaar
Publisher: Edward Elgar Publishing
ISBN: 1784710628
Category : Law
Languages : en
Pages : 381

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Book Description
Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading. It pursues an interdisciplinary approach drawing on law, economics and at times, political science, to present relevant research strands regarding emissions trading. Intermixing theoretical insights with experiences from existing trading systems, this Handbook offers insights that can be applied around the world. It identifies key bodies of research for both upcoming and seasoned people in the field and highlights future research opportunities.

Author: Noriko Fujiwara
Publisher: CEPS
ISBN: 9290797002
Category : Emissions trading
Languages : en
Pages : 37

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Book Description
Based on an assessment of the EU ETS, this CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.

Author: Klaus Mathis
Publisher: Springer
ISBN: 3319509322
Category : Law
Languages : en
Pages : 542

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Book Description
This anthology discusses important issues surrounding environmental law and economics and provides an in-depth analysis of its use in legislation, regulation and legal adjudication from a neoclassical and behavioural law and economics perspective. Environmental issues raise a vast range of legal questions: to what extent is it justifiable to rely on markets and continued technological innovation, especially as it relates to present exploitation of scarce resources? Or is it necessary for the state to intervene? Regulatory instruments are available to create and maintain a more sustainable society: command and control regulations, restraints, Pigovian taxes, emission certificates, nudging policies, etc. If regulation in a certain legal field is necessary, which policies and methods will most effectively spur sustainable consumption and production in order to protect the environment while mitigating any potential negative impact on economic development? Since the related problems are often caused by scarcity of resources, economic analysis of law can offer remarkable insights for their resolution. Part I underlines the foundations of environmental law and economics. Part II analyses the effectiveness of economic instruments and regulations in environmental law. Part III is dedicated to the problems of climate change. Finally, Part IV focuses on tort and criminal law. The twenty-one chapters in this volume deliver insights into the multifaceted debate surrounding the use of economic instruments in environmental regulation in Europe.

Author: Constance Lever-Tracy
Publisher: Routledge
ISBN: 1135998493
Category : Nature
Languages : en
Pages : 671

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Book Description
As the time-scales of natural change accelerate and converge with those of society, Routledge Handbook of Climate Change and Society takes the reader into largely uncharted territory in its exploration of anthropogenic climate change. Current material is used to highlight the global impact of this issue, and the necessity for multidisciplinary and global social science research and teaching to address the problem. The book is multidisciplinary and worldwide in scope, with contributors spanning specialisms including agro-forestry, economics, environmentalism, ethics, human geography, international relations, law, politics, psychology, sociology and theology. Their global knowledge is reflected in the content of the text, which encompasses chapters on American, European and Chinese policies, case studies of responses to disasters and of the new technological and lifestyle alternatives that are being adopted, and the negotiations leading up to the Copenhagen conference alongside a preface assessing its outcomes. Starting with an initial analysis by a leading climatologist, key issues discussed in the text include recent findings of natural scientists, social causation and vulnerability, media and public recognition or scepticism, and the merits and difficulties of actions seeking to mitigate and adapt. This accessible volume utilizes a wealth of case studies, explains technical terms and minimises the use of acronyms associated with the subject, making it an essential text for advanced undergraduates, postgraduate students and researchers in the social sciences.

Author: Sanja Bogojevic
Publisher: Bloomsbury Publishing
ISBN: 1782251650
Category : Law
Languages : en
Pages : 228

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Book Description
Over the last four decades emissions trading has enjoyed a high profile in environmental law scholarship and in environmental law and policy. Much of the discussion is promotional, preferring emissions trading above other regulatory strategies without, however, engaging with legal complexities embedded in conceptualising, scrutinising and managing emissions trading regimes. The combined effect of these debates is to create a perception that emissions trading is a straightforward regulatory strategy, imposable across various jurisdictions and environmental settings. This book shows that this view is problematic for at least two reasons. First, emissions trading responds to distinct environmental and non-environmental goals, including creating profit-centres, substituting bureaucratic control of resources, and ensuring regulatory compliance. This is important, as the particular purpose entrusted to a given emissions trading regime has, as its corollary, a particular governance structure, according to which the regime may be constructed and managed, and which trusts the emissions market, the state and rights in emissions allowances with distinct roles. Second, the governance structures of emissions trading regimes are culture-specific, which is a significant reminder of the importance of law in understanding not only how emissions trading schemes function but also what meaning is given to them as regulatory strategies. This is shown by deconstructing emissions trading discourses: that is, by inquiring into the assumptions about emissions trading, as featuring in emissions trading scholarship and in debates involving law and policymakers and the judiciary at the EU level. Ultimately, this book makes a strong argument for reconfiguring the common understanding of emissions trading schemes as regulatory strategies, and sets out a framework for analysis to sustain that reconfiguration.

Author: Noriko Fujiwara
Publisher: CEPS
ISBN: 9290796057
Category :
Languages : en
Pages : 43

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Book Description

Author: Jonatan Pinkse
Publisher: Routledge
ISBN: 1134119607
Category : Business & Economics
Languages : en
Pages : 215

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Book Description
Written by leading experts in the field, International Business and Global Climate Change provides a comprehensive analysis of international business responses to global climate change and climate change policy.