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基本説明
Uses the example of the EU Emissions Trading Scheme to explore the politics, design and implementation of climate policy instruments.
Full Description
At the UN Climate Negotiations in Copenhagen, 117 heads of state concluded that low-carbon development is necessary in order to combat climate change. However, they also understood that transition to a low-carbon economy requires the implementation of a portfolio of policies and programs - a challenging endeavour for any nation. This book addresses the need for information about factors impacting climate policy implementation, using as a case study one effort that is at the heart of attempts to create a low-carbon future: the European Emission Trading Scheme. It explores problems surrounding the implementation of the ETS, including the role of vested interests, the impact of design details and opportunities to attract long-term investments. It also shows how international climate cooperation can be designed to support the domestic implementation of low-carbon policies. This timely analysis of carbon pricing contains important lessons for all those concerned with the development of post-Copenhagen climate policy.
Contents
List of figures; List of tables; List of text boxes; 1. Introduction; 2. The role of a climate policy mix; 3. Implementing a carbon price, the example of cap and trade; 4. Shifting investment to low-carbon choices; 5. Co-operation among developed countries - a role for carbon markets?; 6. A world of different carbon prices; 7. International support for low-carbon growth in developing countries; 8. Conclusion; References; Index.
