Climate Policy after Copenhagen : The Role of Carbon Pricing / Karsten Neuhoff.
Material type: TextPublisher: Cambridge : Cambridge University Press, 2011Description: 1 online resource (296 pages) : digital, PDF file(s)Content type:- text
- computer
- online resource
- 9780511819605 (ebook)
- 363.738/746 22
- HC79.E5 N447 2011
Title from publisher's bibliographic system (viewed on 04 Apr 2016).
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.
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