Sven Rudolph,Elena Aydos
Carbon Markets Around the Globe: Sustainability and Political Feasibility
Carbon Markets Around the Globe: Sustainability and Political Feasibility
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Sven Rudolph and Elena Aydos' book combines sustainability economics, political economy, and legal concepts to answer how carbon markets can be effective, efficient, and just. It develops a Sustainable Model Rule for evaluating carbon market design and provides a political economy framework for evaluating ETS. The tools outlined are valuable for climate policy practitioners and environmental lawyers, policy makers, think tanks, and stakeholders.
Format: Hardback
Length: 272 pages
Publication date: 20 September 2021
Publisher: Edward Elgar Publishing Ltd
In this groundbreaking book,Sven Rudolph and Elena Aydos take an interdisciplinary approach that seamlessly blends sustainability economics, political economy, and legal concepts to address two fundamental questions: How can carbon markets be designed to achieve effectiveness, efficiency, and justice simultaneously? And how can the political barriers to sustainable carbon markets be overcome?
The first part of the book unfolds an innovative and robust Sustainable Model Rule, which serves as a valuable tool for evaluating the design of carbon markets. This model is showcased through comprehensive chapters that assess a wide range of real-life emissions trading schemes (ETS) from across the globe.
In the second part, the focus shifts to political feasibility, offering a political economy framework for assessing ETS. The authors delve into empirical data from case studies in various countries, identifying strategies and policy windows for implementing truly sustainable ETS.
The cutting-edge tools outlined in this book for conducting assessments of carbon market design and feasibility will be invaluable for climate policy practitioners and environmental lawyers at national and international levels. Moreover, this book will serve as a crucial resource for policy makers, think tanks, stakeholders, scholars, and students in environmental economics, climate change law, and policy.
By integrating sustainability economics, political economy, and legal principles, this book offers a comprehensive and holistic perspective on the challenges and opportunities of carbon markets. It provides valuable insights for policymakers, practitioners, and scholars alike, as they strive to navigate the complex terrain of climate change mitigation and adaptation.
Dimension: 234 x 156 (mm)
ISBN-13: 9781839109089
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