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This important new book is a practical guide to the design of
policies for effective energy conservation. Drawing on a wide range
of European experiences, it analyses and evaluates the weaknesses
of current conservation policies. The authors advance proposals
that will ensure that political, administrative and energy
conservation resources are used to maximum effect. Based on
original investigations of conservation policies the book examines:
the use of grants and subsidies to encourage investment in the
conservation of energy in domestic housing and public buildings the
use of information to inform householders of their conservation
options and the implications of these options the use of regulation
to encourage the use of combined heating power demand-side
management by utility companies institutional development as a
means of engendering 'bottom-up' conservation initiatives The main
lesson is that it is not the policy per se but its design and
execution which dictates performance. The key variables in shaping
such performance are identified and discussed. This timely book
will be invaluable for those responsible for designing and
implementing energy conservation policies and will be of special
interest to those researching the practice of energy conservation.
The European Union's Emissions Trading Scheme (EU ETS) is the
world's largest market for carbon and the most significant
multinational initiative ever taken to mobilize markets to protect
the environment. It will be an important influence on the
development and implementation of trading schemes in the US, Japan,
and elsewhere. However, as is true of any pioneering public policy
experiment, this scheme has generated much controversy. Pricing
Carbon provides the first detailed description and analysis of the
EU ETS, focusing on the first 'trial' period of the scheme
(2005-7). Written by an international team of experts, it allows
readers to get behind the headlines and come to a better
understanding of what was done and what happened based on a
dispassionate, empirically based review of the evidence. This book
should be read by anyone who wants to know what happens when
emissions are capped, traded, and priced.
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