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Emissions Trading Design - A Critical Overview (Hardcover)
Loot Price: R3,213
Discovery Miles 32 130
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Emissions Trading Design - A Critical Overview (Hardcover)
Series: New Horizons in Environmental and Energy Law series
Expected to ship within 12 - 17 working days
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Emission trading schemes have become instruments of choice in
climate change policy across many jurisdictions, and this has led
to massive experimentation across very different contexts. The
scale and urgency of the climate change problem and the real-life
complexity of emission trading schemes combine to make high
quality, detailed studies necessary, important, and sometimes
fascinating. This book scores on all these fronts. By putting
practical implementations within a sound theoretical framework, it
will be of value both for seasoned and not so seasoned scholars and
policymakers.' - Javier de Cendra de Larragan, IE Law School,
SpainEmissions trading is becoming an increasingly popular policy
instrument with growing diversity in design. This book examines
emissions trading design, emissions trading implementation problems
and how to address them. In an easily accessible way, the book
examines advantages and disadvantages of emissions trading and
presents policy considerations that designers should not neglect.
Stefan Weishaar reviews the main implementation challenges
emissions trading faces and assesses how they can be addressed in
an effective, efficient and acceptable way. By reviewing existing
and emerging emissions trading systems around the world, the book
describes why emissions trading systems are used in an
environmental policy mix, how an emissions trading system can be
designed, what special design issues should be duly considered, and
with whom emissions trading systems can be linked. Written from
both a legal and an economic perspective, this book will appeal to
academic researchers and postgraduate students in environmental law
and policy, and those focused on energy and climate change issues.
It will also be essential reading for policymakers, managers and
consultants working in this field. Contents: 1. Introduction 2.
Emission Trading and Alternative Instruments 3. Design Variants of
Emissions Trading 4. Real-life Applications of Emissions Trading
Systems 5. Implementation Issue 1: Initial Allocation of Emission
Rights 6. Implementation Issues 2: Secondary Market for Emissions
Rights 7. Implementation Issue 3: Operational Aspects of Emission
Rights 8. Implementation Issue 4: Lawsuits Following from Emissions
Trading 9. Linking Emissions Trading Schemes 10. Concluding Remarks
References Index
General
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