Climate Policy after Copenhagen: The Role of Carbon Pricing

by Karsten Neuhoff

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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.
  • ISBN13 9781107008939
  • Publish Date 16 June 2011 (first published 1 January 2011)
  • Publish Status Active
  • Publish Country GB
  • Imprint Cambridge University Press
  • Format Hardcover
  • Pages 292
  • Language English