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Corporate Responses to EU Emissions Trading - Resistance, Innovation or Responsibility? (Paperback)
Loot Price: R1,496
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Corporate Responses to EU Emissions Trading - Resistance, Innovation or Responsibility? (Paperback)
Series: Global Environmental Governance
Expected to ship within 12 - 17 working days
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The European Union (EU) aims to put Europe on track toward a
low-carbon economy. In this striking challenge, the EU Emissions
Trading System (EU ETS) has been singled out as the Union's key
climate policy instrument, ultimately aimed as a model for a global
carbon market. The learning effect of the EU ETS could thus be
tremendous. This study explores how the EU ETS actually works on
the ground, affecting corporate climate strategies. It covers
general sector responses as well as systematic comparative studies
of companies across the sectors. The latter enables improved
understanding of causal effects and the role of interaction between
different policy instruments and other factors that impact
corporate climate strategies. The study explores a broad set of
mechanisms at play potentially linking the EU ETS to company
climate strategies. These include how corporate norms of
responsibility are affected by the EU ETS and how economic
incentives provide opportunities for innovation. The book's main
contribution lies in its systematic examination of corporate
responses to the EU ETS from a broad empirical and analytical
social science perspective covering companies in all main EU ETS
sectors: electric power, oil, cement, steel and pulp and paper.
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