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Books > Earth & environment > The environment > Environmental economics > General

From the Paris Agreement to a Low-Carbon Bretton Woods - Rationale for the Establishment of a Mitigation Alliance (Hardcover,... From the Paris Agreement to a Low-Carbon Bretton Woods - Rationale for the Establishment of a Mitigation Alliance (Hardcover, 1st ed. 2017)
Michele Stua
R3,967 Discovery Miles 39 670 Ships in 18 - 22 working days

This book investigates the existing and possible links between the concept of a Carbon Club and the Paris Agreement. In doing so the book defines those criteria that may lead to an effective establishment of a Carbon Club acting within the mandate of the Paris Agreement and identifies the key questions that such an option may help to tackle: Which low-carbon pathways are compatible with the new temperature targets set by the Paris Agreement? Can new entities like the Carbon Club have a decisive role in guaranteeing the alignment of the aggregate mitigating actions with the global objectives identified within the Paris Agreement? What role will be played by market and non-market approaches within the proposed framework? How can economic, social, and environmental sustainability be ensured during the implementation of the Agreement? How can justice and equity be encouraged between the Parties and all the involved actors as required by the Agreement? Which instruments can be designed and adopted to provide the expected degree of transparency for the new system? To respond to these questions the book adopts a holistic approach, able to emphasize the strong interrelations. The book discusses the opportunity to develop a Carbon Club within the Article 6 framework, and provides a feasible roadmap for its means of implementation, rules and governance structure. The final result is a feasible policy proposal that takes into account all the key issues introduced by the questions, and draws a roadmap towards a 'low-carbon Bretton Woods'.

Optimal Control Applications for Operations Strategy (Hardcover, 1st ed. 2017): Bowon Kim Optimal Control Applications for Operations Strategy (Hardcover, 1st ed. 2017)
Bowon Kim
R3,902 Discovery Miles 39 020 Ships in 18 - 22 working days

This book focuses on the applications of optimal control theory to operations strategy and supply chain management. It emphasizes the importance of optimal control theory as a tool to analyze and understand fundamental issues in the respective fields. Delving deeper, the book also elaborates on how optimal control theory provides managerial and economic insights, enabling readers to comprehend the dynamic activities and interactions in operations. Given that optimal control theory is not a dominant approach to studying operations management in the current literature, this book fills that gap by showing its effectiveness as a tool to supplement other methodologies in operations.

The Economics of Airport Operations (Hardcover): James Peoples, John Bitzan The Economics of Airport Operations (Hardcover)
James Peoples, John Bitzan
R4,310 Discovery Miles 43 100 Ships in 10 - 15 working days

Airports serve an essential role in domestic and international travel, facilitating the origination, termination, and connections of air flights. Airport services enhance regional, national, and global connections, increasing the mobility of people worldwide and enhancing local and regional economies. Although there is a large amount of literature that examines airline costs and productivity, consumer welfare from air travel, and the influence of economic regulation of airline services, there is much less literature that examines airports. This is important, as airport operations play a critical role in influencing airline travel. This volume examines the role that airports play in economic development and land values, the regulation and economic efficiency of airports, airport pricing and competition, and the role played by airports in influencing airline operations and networks.

Natural Resource Development and Human Rights in Latin America - State and non-state actors in the promotion of and opposition... Natural Resource Development and Human Rights in Latin America - State and non-state actors in the promotion of and opposition to extractivism (Paperback)
Malayna Raftopoulos, Radoslaw Poweska
R1,006 Discovery Miles 10 060 Ships in 10 - 15 working days

Contemporary development debates in Latin America are marked by the pursuit of economic growth, technological improvement and poverty reduction, and are overshadowed by growing concerns about the preservation of the environment and human rights. This collection's multidisciplinary perspective links local, national, regional and transnational levels of inquiry into the interaction of state and non-state actors involved in promoting or opposing natural resource development. Taking this approach allows the book to contemplate the complex panorama of competing visions, concepts and interests grounded in the mutual influences and interdependencies which shape the contemporary arena of social-environmental conflicts in the region.

Biotechnology Regulation and Trade (Hardcover, 1st ed. 2017): Stuart J. Smyth, William A. Kerr, Peter W.B. Phillips Biotechnology Regulation and Trade (Hardcover, 1st ed. 2017)
Stuart J. Smyth, William A. Kerr, Peter W.B. Phillips
R4,047 Discovery Miles 40 470 Ships in 10 - 15 working days

This book discusses the regulatory and trade challenges facing the global adoption of biotechnological products and offers strategies for overcoming these obstacles and moving towards greater global food security. The first section of the book establishes the context of the conflict, discussing the challenges of global governance, international trade, and the history of regulation of genetically modified (GM) crops. In this section, the authors emphasize the shift from exclusively science-based regulation to the more socio-economically focused framework established by the Cartagena Protocol on Biosafety, which was adopted in 2000. The second section of the book provides a snapshot of the current state of international GM crop adoption and regulation, highlighting the US, Canada, and the EU. The final section of the book identifies options for breaking the gridlock of regulation and trade that presently exist. This book adds to the current literature by providing new information about innovative agricultural technologies and encouraging debate by providing an alternative to the narratives espoused by environmental non-governmental organizations. This book will appeal to students of economics, political science, and policy analysis, as well as members of regulatory agencies and agricultural industry firms.

The New Energy Paradigm (Hardcover, New): Dieter Helm The New Energy Paradigm (Hardcover, New)
Dieter Helm
R2,908 Discovery Miles 29 080 Ships in 10 - 15 working days

The New Energy Paradigm provides an overview of the current energy policy debate, contextualized by the oil shock from 2000, and considers how the trends in international energy markets impact on security of supply and climate change. It includes a discussion of market design, looks at carbon and oil markets, and considers best practice for effective policy design.

Sustainability Indicators in Practice (Hardcover, Digital original): Agnieszka Latawiec, Dorice Agol Sustainability Indicators in Practice (Hardcover, Digital original)
Agnieszka Latawiec, Dorice Agol
R3,002 Discovery Miles 30 020 Ships in 10 - 15 working days

The goal of sustainable development is to meet the socio-economic and environmental objectives without comprising the needs of future generations. Since the Rio Summit of 1992, the concept of sustainability has captured our imaginations and aspirations and efforts to develop its indicators have increased. A range of sustainability indicators have been developed within various socio-economic, environmental and cultural contexts- including biodiversity, economy, energy, water, land use and transport. Sustainability indicators are widespread in international development arena. They have become popularized among governments, non-governmental organizations, private sector and the wider public. Based on multiple cases across the world, this book explores opportunities and challenges associated with the practical application of sustainability indicators. The book reflects diversity of professionals of inter-disciplinary backgrounds covering contemporary issues within different socio-economic and environmental contexts. Each chapter presents practical examples of the merits and challenges of using sustainability indicators and draws conclusions and lessons learned. The book targets a range of audience from students, academics to development practitioners and policy-makers. The two editors of this book: Dr. Agnieszka Ewa Latawiec and Dr. Dorice Agol are inter-disciplinary scientists who both have experience in research at the environmental conservation and development nexus.

Socioeconomic Environmental Policies and Evaluations in Regional Science - Essays in Honor of Yoshiro Higano (Hardcover, 1st... Socioeconomic Environmental Policies and Evaluations in Regional Science - Essays in Honor of Yoshiro Higano (Hardcover, 1st ed. 2017)
Hiroyuki Shibusawa, Katsuhiro Sakurai, Takeshi Mizunoya, Susumu Uchida
R5,356 Discovery Miles 53 560 Ships in 18 - 22 working days

This book is a volume of essays celebrating the life and work of Yoshiro Higano, professor of Environmental Policy, Doctoral Program in Sustainable Environmental Studies, Graduate School of Life and Environmental Sciences, University of Tsukuba, Japan. Prof. Higano's research strongly focuses on the comprehensive evaluation of resources and research content for decision science and engineering, including simulation modeling for environmental quality control, the evaluation of environmental remediation technologies, integrated river (lake) basin management, and synthesized environmental policy. Yoshiro Higano is the past president of the Regional Science Association International (RSAI) and the current president of the Japan Section of the RSAI (JSRSAI). He also served as executive secretary for the Pacific Regional Science Conference Organizations (PRSCO). This edited volume covers a wide range of regional science approaches, theory, policy, evaluation, modeling, simulation, and practice. It is a valuable reference work for researchers, scholars, policy makers, and students in the field of regional science. The volume celebrates Prof. Higano's contributions to the JSRSAI, PRSCO, and RSAI. Essay contributors include his former students and a wide array of regional scientists, each with a personal connection to Prof. Higano.

Climate Change Adaptation in Pacific Countries - Fostering Resilience and Improving the Quality of Life (Hardcover, 1st ed.... Climate Change Adaptation in Pacific Countries - Fostering Resilience and Improving the Quality of Life (Hardcover, 1st ed. 2017)
Walter Leal Filho
R4,860 Discovery Miles 48 600 Ships in 10 - 15 working days

This book showcases vital lessons learned from research, field projects and best practice examples with regard to climate change adaptation in countries throughout the Pacific region, a part of the planet that is particularly vulnerable to and affected by climate change.The book's primary goals are to document the wealth of experiences in the region available today, to encourage cross-sector interactions among the various stakeholders in the region, and to help transfer results to other countries and regions. Accordingly, it gathers a set of papers presented at a symposium on climate change adaptation held in Fiji in July 2016, focusing on "Fostering Resilience and Improving the Quality of Life". In these contributions, local and international experts present a variety of initiatives showing how Pacific countries are coping with the many problems associated with climate change, including initiatives in education and awareness work taking place across the region, operational aspects and their implications for policy-making, and challenges in urban and rural areas.

Handbook of Climate Change Communication: Vol. 3 - Case Studies in Climate Change Communication (Hardcover, 1st ed. 2018):... Handbook of Climate Change Communication: Vol. 3 - Case Studies in Climate Change Communication (Hardcover, 1st ed. 2018)
Walter Leal Filho, Evangelos Manolas, Anabela Marisa Azul, Ulisses M Azeiteiro, Henry Mcghie
R4,782 Discovery Miles 47 820 Ships in 18 - 22 working days

This comprehensive handbook provides a unique overview of the theory, methodologies and best practices in climate change communication from around the world. It fosters the exchange of information, ideas and experience gained in the execution of successful projects and initiatives, and discusses novel methodological approaches aimed at promoting a better understanding of climate change adaptation. Addressing a gap in the literature on climate change communication and pursuing an integrated approach, the handbook documents and disseminates the wealth of experience currently available in this field. Volume 3 of the handbook provides case studies from around the world, documenting and disseminating the wealth of experiences available.

Realising the 'Triple Dividend of Resilience' - A New Business Case for Disaster Risk Management (Hardcover, 1st ed.... Realising the 'Triple Dividend of Resilience' - A New Business Case for Disaster Risk Management (Hardcover, 1st ed. 2016)
Swenja Surminski, Thomas Tanner
R3,285 Discovery Miles 32 850 Ships in 10 - 15 working days

Why aren't we investing more in disaster resilience, despite the rising costs of disaster events? This book argues that decision-makers in governments, businesses, households, and development agencies tend to focus on avoiding losses from disasters, and perceive the return on investment as uncertain - only realised if a somewhat unlikely disaster event actually happens. This book develops a new business case for investment based on the multiple dividends of resilience. This looks beyond only avoided losses (the first dividend) to the wider benefits gained independently of whether or not the disaster event occurs. These include unleashing entrepreneurial activities and productive investments by lowering the looming threat of losses from disasters and enabling businesses, farmers and homeowners to take positive risks (the second dividend); and co-benefits of resilience measures beyond just disaster risk (the third dividend), such as flood embankments in Bangladesh that double as roads, or wetlands in Colombo that reduce urban heat extremes.

Energy Economics - Understanding and Interpreting Energy Poverty in China (Hardcover): Yi-Ming Wei, Hua Liao Energy Economics - Understanding and Interpreting Energy Poverty in China (Hardcover)
Yi-Ming Wei, Hua Liao
R3,318 Discovery Miles 33 180 Ships in 10 - 15 working days

Energy poverty, one of the major challenges facing the global energy system, has drawn wide attention from the international community and academia. As the largest developing country in the world, China faces a number of challenges in understanding and resolving the problem of energy poverty. Energy Economics: Understanding and Interpreting Energy Poverty in China presents a succinct overview of research on China's Energy Poverty as studied by the Center for Energy & Environmental Policy Research (CEEP), Beijing Institute of Technology (BIT). Based on the analytical framework of energy economics, the book summarizes and refines international energy assessment methods, builds China's energy poverty measurement and comprehensive evaluation criteria, and evaluates China's energy poverty from the perspective of time and space. It goes on to analyze the impact of solid fuel use on urban and rural residents' health, and review the relationship between energy poverty and economic development, clean energy development and energy poverty, as well as climate change and energy availability. Finally, it summarizes policies and actions to eliminate energy poverty. This book will provide essential scientific support for researchers and policy makers dealing with energy poverty.

Climate Change Signals and Response - A Strategic Knowledge Compendium for India (Hardcover, 1st ed. 2019): Chandra... Climate Change Signals and Response - A Strategic Knowledge Compendium for India (Hardcover, 1st ed. 2019)
Chandra Venkataraman, Trupti Mishra, Subimal Ghosh, Subhankar Karmakar
R2,692 Discovery Miles 26 920 Ships in 18 - 22 working days

This book provides a synthesis of research findings, in terms of strategic knowledge outcomes regarding emergence of recent regional climate signals, implications for impacts assessment, and mitigation and adaptation response, relevant in the Indian context. The first part discusses evidence of climate change and its underlying scientific processes across India, chiefly focusing on impacts that are already visible and attributable to anthropogenic activities. The latter part deals with the responses to climate change, highlighting the mitigation and adaptation strategies in various sectors and communities. The book presents a concise interpretation, distilling practical recommendations and policy prescriptions at national and sub-national levels. It serves as a reference point for understanding scientific advances and persisting uncertainty, future vulnerability and response capacity of interlinked human and natural systems, pertaining to India. It is an excellent resource for policy makers and industry watchers in addition to the research fraternity.

The Institutional Economics of Market-Based Climate Policy, Volume 7 (Hardcover, New): E. Woerdman The Institutional Economics of Market-Based Climate Policy, Volume 7 (Hardcover, New)
E. Woerdman
R6,361 Discovery Miles 63 610 Ships in 18 - 22 working days

The objective of this book is to analyze the institutional barriers to implementing market-based climate policy, as well as to provide some opportunities to overcome them. The approach is that of institutional economics, with special emphasis on political transaction costs and path dependence.


Instead of rejecting the neoclassical approach, this book uses it where fruitful and shows when and why it is necessary to employ a new or neo-institutionalist approach. The result is that equity is considered next to efficiency, that the evolution and possible lock-in of both formal and informal climate institutions are studied, and that attention is paid to the politics and law of economic instruments for climate policy, including some new empirical analyses.


The research topics of this book include the set-up costs of a permit trading system, the risk that credit trading becomes locked-in, the potential legal problem of grandfathering in terms of actional subsidies under WTO law or state aid under EC law, and the changing attitudes of various European officials towards restricting the use of the Kyoto Mechanisms.

Green Development Model of China's Small and Medium-sized Cities (Hardcover, 1st ed. 2018): Xuefeng Li, Xuke Liu Green Development Model of China's Small and Medium-sized Cities (Hardcover, 1st ed. 2018)
Xuefeng Li, Xuke Liu
R2,669 R1,768 Discovery Miles 17 680 Save R901 (34%) Ships in 10 - 15 working days

The book discusses how to establish a land-use system for small and medium-sized cities in order to promote low carbon economic development and to ensure sustainable development. It also presents the objectives and requirements of urban green development: The first objective is to establish a green city with ecological harmony. The second is the establishment of a people-oriented harmonious city, which is important for the green development of city. Drawing on past experience and combining this with the current situation in China's cities, it argues that the construction of people-oriented harmonious cities should be a priority. The third objective is to build multi-functional organic cities in which the urban function is relatively independent. Lastly, the fourth objective is to establish a city with unique charm, applying historical ways of thinking to today's world.

The International Regulation of Extinction (Hardcover, New): Timothy M. Swanson The International Regulation of Extinction (Hardcover, New)
Timothy M. Swanson
R2,858 Discovery Miles 28 580 Ships in 18 - 22 working days

During the summer of 1992, the United Nations Conference on Environment and Development in Rio de Janeiro was hailed as a watershed moment in the ecology movement. Over 100 nations signed a new international treaty intended to conserve biological diversity. Yet, every day, species--many not even discovered--are driven into extinction and the ecological crisis continues to be a pressing global problem.

Stressing the need to build bridges between the scientific community and international policymakers, Timothy Swanson here develops a new theory of the interplay between human society and the biological world. Biodiversity regulation, he argues, must focus specifically on the regulation of the global economic forces driving species into extinction. As the global development process becomes increasingly sophisticated, the spectre of a homogenized biosphere looms large.

Yet, while biological diversity is responsible for a host of global benefits, it confers few tangible gains onto individual nations that offset the financial advantages of exploiting these same natural resources. The same economic rationale that drives farmers to grow coca leafs instead of grain compels countries to exploit natural resources, rather than conserve them. In order to stave off the decline of biological diversity, Swanson proposes the creation of specific policies that will internalize the benefits of biodiversity on a national level.

The Energy Transition - An Overview of the True Challenge of the 21st Century (Hardcover, 1st ed. 2017): Vincent Petit The Energy Transition - An Overview of the True Challenge of the 21st Century (Hardcover, 1st ed. 2017)
Vincent Petit
R2,189 Discovery Miles 21 890 Ships in 10 - 15 working days

Against the backdrop of rapid advances in the energy sector, this book provides a concise overview of the complex challenges in the energy paradigm today, which revolve around the seemingly unsolvable energy equation. The author, an experienced energy professional, combines the various aspects of the energy transition into a single perspective. While highlighting a number of salient problems, he also explores grounds for optimism that these challenges can and will be met. After establishing the historical context, the book presents an analysis of today's energy industry, different energy sources, countries and determinants of energy demand, supplementing all sections with a wealth of global and local data. It subsequently proposes measures to solve the energy equation and a roadmap for a sustainable future, based on more efficient energy use, cleaner energy production and advanced technologies.

From Human to Post Human Security in Latin America - Examples and Reflections from Across the Region (Hardcover): Maria Eugenia... From Human to Post Human Security in Latin America - Examples and Reflections from Across the Region (Hardcover)
Maria Eugenia Ibarraran, Jose Garcia Aguilar
R2,529 Discovery Miles 25 290 Ships in 18 - 22 working days

Current political discourse emphasizes the globalized nature of security threats, and focusing on Latin America, this book identifies local complexities of Human Security. From Human to Post Human Security in Latin America provides a fresh look to some acute problems regarding human security in Latin America: human rights and dignity, water, food and health insecurities. These problems are persistent and constitute human security threats in the near future. In this book, each chapter studies a critical social problem in Latin America and analyzes it from the human security perspective, providing examples that illustrate the critical state in which Latin America is found regarding environmental security and providing a comparative perspective to give a wider view of these issues. Now security threats are truly global; given the limits of the international community and the nation state to solve these issues, it is necessary to revisit the most acute problems that the planet faces from a more comprehensive perspective. This is essential reading for professionals in the field of policy making, practitioners with a need of a conceptual support, and those interested in human security in Latin America from a Latin American perspective.

The Economics of International Immigration - Environment, Unemployment, the Wage Gap, and Economic Welfare (Hardcover, 1st ed.... The Economics of International Immigration - Environment, Unemployment, the Wage Gap, and Economic Welfare (Hardcover, 1st ed. 2017)
Kenji Kondoh
R4,004 Discovery Miles 40 040 Ships in 10 - 15 working days

This is the first book that takes a theoretical approach to the effects of international immigration by considering the current economic topics confronted by more highly developed countries such as Japan. Developed here is the classic trade model by Heckscher-Ohlin-Samuelson, McDougall's basic model of the international movement factor, the urban-rural migration model by Harris-Todaro, and Copeland-Taylor's well-known model in the field of environmental economics by introducing new trends such as economic integration including free trade and factor mobility between countries at different stages of development. Coexistence of two types of immigrants - legal, skilled workers and illegal, unskilled workers - without any explicit signs of discrimination, transboundary pollution caused by neighboring lower-developed countries with poor pollution abatement technology, difficult international treatment of transboundary renewable resources, the rapid process of aging and population decrease, the higher unemployment rate of younger generations, and the serious gap between permanent and temporary employed workers-are also considered in this book as new and significant topics under the context of international immigration. Taking into account the special difficulties of those serious problems in Asia, each chapter illustrates Japanese and other Asian situations that encourage readers to understand the importance of optimal immigration policies. Also shown is the possibility that economic integration and liberalization of international immigration should bring about positive effects on the economic welfare of the developed host country including the aspects of natural environment, renewable transboundary resources, the rate of unemployment, and the wage gap between workers.

Carbon Trading in China - Environmental Discourse and Politics (Hardcover, 1st ed. 2015): Alex Lo Carbon Trading in China - Environmental Discourse and Politics (Hardcover, 1st ed. 2015)
Alex Lo
R3,196 Discovery Miles 31 960 Ships in 18 - 22 working days

This book explores the political aspects of China's climate change policy, focusing on the newly established carbon markets and carbon trading schemes. Lo makes a case for understanding the policy change in terms of discourse and in relation to narratives of national power and development.

The Economics of a Disaster - The Exxon Valdez Oil Spill (Hardcover): Bruce M. Owen, David A. Argue, Harold W. Furchtgott-Roth,... The Economics of a Disaster - The Exxon Valdez Oil Spill (Hardcover)
Bruce M. Owen, David A. Argue, Harold W. Furchtgott-Roth, Gloria J. Hurdle, Gale Mosteller
R3,180 Discovery Miles 31 800 Ships in 10 - 15 working days

"The Economics of a Disaster" represents a major contribution to the understanding of the economics of liability and damages. It is based on the assumption that if people know they can be held responsible for some or all of the costs or damages sustained in an environmental accident, they will change their behavior to make the accident less likely to occur or to reduce the damages should it occur. The work develops a framework to examine and measure changes in market conditions after a disaster, showing the kinds of information that need to be collected and analyzed. Based on the Exxon Valdez case, this work provides an interesting framework for practitioners, specialists, and scholars in the fields of business, economics, law, and environmental studies.

Electricity-sector Reforms in the MENA Region - Evaluation and Prospects (Hardcover, 1st ed. 2019): Leila Benali Electricity-sector Reforms in the MENA Region - Evaluation and Prospects (Hardcover, 1st ed. 2019)
Leila Benali
R2,675 Discovery Miles 26 750 Ships in 18 - 22 working days

This book uses electricity-sector reforms to question some of the preconceived ideas concerning the MENA region and to provide a broader analysis of related political economy issues. It presents potential further developments of MENA's electricity-sector reforms, taking into consideration the region's unique constraints and opportunities, and discusses the practical limits of reform and deregulation. Specifically, it examines the relationship between reforms and oil prices from a new perspective and presents alternatives to the Single Buyer Model. Complementing existing research on electricity-sector reforms in other emerging markets, the book provides a new analytical framework for assessing reforms that can be easily applied to other markets and sectors.

Annual Report on China's Response to Climate Change (2017) - Implementing The Paris Agreement (Hardcover, 1st ed. 2020):... Annual Report on China's Response to Climate Change (2017) - Implementing The Paris Agreement (Hardcover, 1st ed. 2020)
Weiguang Wang, Yaming Liu
R1,408 Discovery Miles 14 080 Ships in 18 - 22 working days

This book is written by experts from Institute of Urban and Environmental Studies of the Chinese Academy of Social Sciences, and National Climate Center, this book provides an overview of China's effort to implement the Paris Agreement. In addition to measures put in place to reduce runoff in cities, improve flood risk management, promote decarbonization, and combat desertification, the book also addresses issues such as scientific assessment in relation to climate change, the implications of US domestic climate politics for China-US relations, and China's emerging leadership role in the post-Paris age. The volume is a must-read for anybody who wants to understand how China's aggressive climate adaptation policies help shape the country's growing weight in global climate governance.

Sustainability Assessment and Reporting (Hardcover): Soner Gokten, Pinar Okan Gokten Sustainability Assessment and Reporting (Hardcover)
Soner Gokten, Pinar Okan Gokten
R3,051 Discovery Miles 30 510 Ships in 18 - 22 working days
Moving to Markets in Environmental Regulation - Lessons from Twenty Years of Experience (Hardcover): Jody Freeman, Charles D.... Moving to Markets in Environmental Regulation - Lessons from Twenty Years of Experience (Hardcover)
Jody Freeman, Charles D. Kolstad
R2,720 Discovery Miles 27 200 Ships in 10 - 15 working days

Over the last decade, market-based incentives have become the regulatory tool of choice when trying to solve difficult environmental problems. Evidence of their dominance can be seen in recent proposals for addressing global warming (through an emissions trading scheme in the Kyoto Protocol) and for amending the Clean Air Act (to add a new emissions trading systems for smog precursors and mercury--the Bush administration's "Clear Skies" program). They are widely viewed as more efficient than traditional command and control regulation. This collection of essays takes a critical look at this question, and evaluates whether the promises of market-based regulation have been fulfilled.
Contributors put forth the ideas that few regulatory instruments are actually purely market-based, or purely prescriptive, and that both approaches can be systematically undermined by insufficiently careful design and by failures of monitoring and enforcement. All in all, the essays recommend future research that no longer pits one kind of approach against the other, but instead examines their interaction and compatibility. This book should appeal to academics in environmental economics and law, along with policymakers in government agencies and advocates in non-governmental organizations.

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