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| Full Title | Climate Policy after Copenhagen The Role of Carbon Pricing 1st Edition |
|---|---|
| Author(s) | Karsten Neuhoff |
| Edition | 1st Edition |
| ISBN | 9781139125055, 9781107008939, 9781107401419 |
| Publisher | Cambridge University Press |
| Format | PDF and EPUB |
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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