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Climate Change and European Emissions Trading - Lessons for Theory and Practice (Hardcover)
Loot Price: R3,758
Discovery Miles 37 580
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Climate Change and European Emissions Trading - Lessons for Theory and Practice (Hardcover)
Series: New Horizons in Environmental and Energy Law series
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This timely book focuses on the EU-wide greenhouse gas emissions
trading scheme for major sources. It combines legal and economic
approaches and reviews the major revision of this scheme. A
distinguished range of authors assess the experiences thus far and
also consider future development from both theoretical and
practical perspectives. They also discuss many design options,
including auctioning, credit and trade, the inclusion of aviation
emissions, and linking possibilities. Moreover, attention is paid
to the role of legal principles, the role of case law, and to
aspects of democratic accountability within an emissions trading
scheme. Ways to avoid carbon leakage and the role of national
climate policies are also discussed. This book makes clear that the
economic efficiency and effectiveness of an emissions trading
scheme depend to a large extent on the specific legislative
choices, and hence the legislative design of such a scheme deserves
meticulous attention. Discussing legal and economic aspects of
emissions trading, this book offers new insights to academics and
policy makers both in the public and private sector. Those insights
are not only relevant for understanding the past, but moreover for
guiding the future design of emissions trading for greenhouse
gases.
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