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High speed rail (HSR) is being touted as a strategic investment for
connecting people across regions, while also fostering prosperity
and smart urban growth. However, as its popularity increases, its
implementation has become contentious with various parties
contesting the validity of socioeconomic and environmental
objectives put forward as justification for investment. High Speed
Rail and Sustainability explores the environmental, economic and
social effects of developing a HSR system, presenting new
evaluations of the proposed system in California in the US as well
as lessons from international experience. Drawing upon the
accumulated experience from past HSR system development around the
world, leading experts present a diverse set of perspectives as
well as diverse contexts of implementation. Assessments of the
California case as well as cases from Japan, France, Germany,
Italy, Spain, Taiwan, China, and the UK show how governments and
stakeholders have bridged the gap between the vision and the
realities of connecting metropolitan regions through HSR. This is a
valuable resource for academics, researchers and policy-makers in
the areas of urban planning, civil engineering, transportation and
environmental design.
Market-based solutions to environmental problems offer great
promise, but require complex public policies that take into account
the many institutional factors necessary for the market to work and
that guard against the social forces that can derail good public
policies. Using insights about markets from the new institutional
economics, this book sheds light on the institutional history of
the emissions trading concept as it has evolved across different
contexts. It makes accessible the policy design and practical
implementation aspects of a key tool for fighting climate change:
emissions trading systems (ETS) for environmental control. Blas
Luis Perez Henriquez analyzes past market-based environmental
programs to extract lessons for the future of ETS. He follows the
development of the emissions trading concept as it evolved in the
United States and was later applied in the multinational European
Emissions Trading System and in sub-national programs in the United
States such as the Regional Greenhouse Gas Initiative (RGGI) and
California's ETS. This ex-post evaluation of an ETS as it evolves
in real time in the real world provides a valuable supplement to
what is already known from theoretical arguments and simulation
studies about the advantages and disadvantages of the market
strategy. Political cycles and political debate over the use of
markets for environmental control make any form of climate policy
extremely contentious. Perez Henriquez argues that, despite
ideological disagreements, the ETS approach, or, more popularly,
'cap-and-trade' policy design, remains the best hope for a
cost-effective policy to reduce GHG emissions around the world.
Transformation to a low carbon economy is a central tenet to any
discussion on the solutions to the complex challenges of climate
change and energy security. Despite advances in policy, carbon
management and continuing development of clean technology,
fundamental business transformation has not occurred because of
multiple political, economic, social and organisational issues.
Carbon Governance, Climate Change and Business Transformation is
based on leading academic and industry input, and three
international workshops focused on low carbon transformation in
leading climate policy jurisdictions (Canada, USA and the UK) under
the international Carbon Governance Project (CGP) banner. The book
pulls insights from this innovative collaborative network to
identify the policy combinations needed to create transformative
change. It explores fundamental questions about how governments and
the private sector conceptualize the problem of climate change, the
conditions under which business transformation can genuinely take
place and key policy and business innovations needed. Broadly, the
book is based on emerging theories of multi-levelled, multi-actor
carbon governance, and applies these ideas to the real world
implications for tackling climate change through business
transformation. Conceptually and empirically, this book stimulates
both academic discussion and practical business models for low
carbon transformation.
Transformation to a low carbon economy is a central tenet to any
discussion on the solutions to the complex challenges of climate
change and energy security. Despite advances in policy, carbon
management and continuing development of clean technology,
fundamental business transformation has not occurred because of
multiple political, economic, social and organisational issues.
Carbon Governance, Climate Change and Business Transformation is
based on leading academic and industry input, and three
international workshops focused on low carbon transformation in
leading climate policy jurisdictions (Canada, USA and the UK) under
the international Carbon Governance Project (CGP) banner. The book
pulls insights from this innovative collaborative network to
identify the policy combinations needed to create transformative
change. It explores fundamental questions about how governments and
the private sector conceptualize the problem of climate change, the
conditions under which business transformation can genuinely take
place and key policy and business innovations needed. Broadly, the
book is based on emerging theories of multi-levelled, multi-actor
carbon governance, and applies these ideas to the real world
implications for tackling climate change through business
transformation. Conceptually and empirically, this book stimulates
both academic discussion and practical business models for low
carbon transformation.
High speed rail (HSR) is being touted as a strategic investment for
connecting people across regions, while also fostering prosperity
and smart urban growth. However, as its popularity increases, its
implementation has become contentious with various parties
contesting the validity of socioeconomic and environmental
objectives put forward as justification for investment. High Speed
Rail and Sustainability explores the environmental, economic and
social effects of developing a HSR system, presenting new
evaluations of the proposed system in California in the US as well
as lessons from international experience. Drawing upon the
accumulated experience from past HSR system development around the
world, leading experts present a diverse set of perspectives as
well as diverse contexts of implementation. Assessments of the
California case as well as cases from Japan, France, Germany,
Italy, Spain, Taiwan, China, and the UK show how governments and
stakeholders have bridged the gap between the vision and the
realities of connecting metropolitan regions through HSR. This is a
valuable resource for academics, researchers and policy-makers in
the areas of urban planning, civil engineering, transportation and
environmental design.
Market-based solutions to environmental problems offer great
promise, but require complex public policies that take into account
the many institutional factors necessary for the market to work and
that guard against the social forces that can derail good public
policies. Using insights about markets from the new institutional
economics, this book sheds light on the institutional history of
the emissions trading concept as it has evolved across different
contexts. It makes accessible the policy design and practical
implementation aspects of a key tool for fighting climate change:
emissions trading systems (ETS) for environmental control. Blas
Luis Perez Henriquez analyzes past market-based environmental
programs to extract lessons for the future of ETS. He follows the
development of the emissions trading concept as it evolved in the
United States and was later applied in the multinational European
Emissions Trading System and in sub-national programs in the United
States such as the Regional Greenhouse Gas Initiative (RGGI) and
California's ETS. This ex-post evaluation of an ETS as it evolves
in real time in the real world provides a valuable supplement to
what is already known from theoretical arguments and simulation
studies about the advantages and disadvantages of the market
strategy. Political cycles and political debate over the use of
markets for environmental control make any form of climate policy
extremely contentious. Perez Henriquez argues that, despite
ideological disagreements, the ETS approach, or, more popularly,
'cap-and-trade' policy design, remains the best hope for a
cost-effective policy to reduce GHG emissions around the world.
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