Emissions Trading Schemes Under International Economic Law

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Emissions Trading Schemes under International Economic Law

Author : James Munro
Publisher : Oxford University Press
ISBN 13 : 0192563866
Total Pages : 296 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Emissions Trading Schemes under International Economic Law by : James Munro

Download or read book Emissions Trading Schemes under International Economic Law written by James Munro and published by Oxford University Press. This book was released on 2018-08-08 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The announcement by China that it will implement a national emissions trading scheme confirms the status of this instrument as the pre-eminent policy choice for mitigating climate change. China will join the dozens of existing and emerging schemes around the world - from the EU to California, South Korea to New Zealand - that use carbon units (otherwise known as emissions permits or carbon credits) to trade in greenhouse gas emissions in a multi-billion dollar global carbon market. However, to date, there has been no consensus about this pre-eminent policy instrument being regulated by international economic law through the World Trade Organization, international investment agreements, and free trade agreements. Munro addresses this issue by evaluating whether carbon units qualify as 'goods', 'services', 'financial services', and 'investments' under international economic law and showing how international economic law applies to emissions trading scheme in diverse and unexpected ways. Further, by engaging in a comparative assessment of schemes around the world, his book illustrates how and why all emissions trading schemes engage in various forms of violations of international economic law which would not, in most instances, be justified by environmental or other exceptions. In doing so, he demonstrates how such schemes can be designed or reformed in ways to ensure their future compliance.

Emissions Trading Schemes Under International Economic Law

Author : James F. Munro
Publisher :
ISBN 13 : 9780191867101
Total Pages : pages
Book Rating : 4.8/5 (671 download)

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Book Synopsis Emissions Trading Schemes Under International Economic Law by : James F. Munro

Download or read book Emissions Trading Schemes Under International Economic Law written by James F. Munro and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The announcement by China that it will implement a national emissions trading scheme confirms the status of this instrument as the pre-eminent policy choice for mitigating climate change. China will join the dozens of existing and emerging schemes around the world - from the EU to California, South Korea to New Zealand - that use carbon units (otherwise known as emissions permits or carbon credits) to trade in greenhouse gas emissions in a multi-billion dollar global carbon market. However, to date, there has been no consensus about this pre-eminent policy instrument being regulated by international economic law through the World Trade Organization, international investment agreements, and free trade agreements.

Emissions Trading Schemes under International Economic Law

Author : James Munro
Publisher : Oxford University Press
ISBN 13 : 0192563858
Total Pages : 225 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Emissions Trading Schemes under International Economic Law by : James Munro

Download or read book Emissions Trading Schemes under International Economic Law written by James Munro and published by Oxford University Press. This book was released on 2018-08-09 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The announcement by China that it will implement a national emissions trading scheme confirms the status of this instrument as the pre-eminent policy choice for mitigating climate change. China will join the dozens of existing and emerging schemes around the world - from the EU to California, South Korea to New Zealand - that use carbon units (otherwise known as emissions permits or carbon credits) to trade in greenhouse gas emissions in a multi-billion dollar global carbon market. However, to date, there has been no consensus about this pre-eminent policy instrument being regulated by international economic law through the World Trade Organization, international investment agreements, and free trade agreements. Munro addresses this issue by evaluating whether carbon units qualify as 'goods', 'services', 'financial services', and 'investments' under international economic law and showing how international economic law applies to emissions trading scheme in diverse and unexpected ways. Further, by engaging in a comparative assessment of schemes around the world, his book illustrates how and why all emissions trading schemes engage in various forms of violations of international economic law which would not, in most instances, be justified by environmental or other exceptions. In doing so, he demonstrates how such schemes can be designed or reformed in ways to ensure their future compliance.

Emissions Trading

Author : Thomas Tietenberg
Publisher : Routledge
ISBN 13 : 1136526196
Total Pages : 249 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis Emissions Trading by : Thomas Tietenberg

Download or read book Emissions Trading written by Thomas Tietenberg and published by Routledge. This book was released on 2010-09-30 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1985, Emissions Trading was a comprehensive review of the first large-scale attempt to use economic incentives in environmental policy in the U.S. and of the empirical and theoretical research on which this approach is based. Since its publication it has consistently been one of the most widely cited works in the tradable permits literature. The second edition of this classic study of pollution reform considers how the use of transferable permits to control pollution has evolved, looks at how these programs have been implemented in the U.S. and internationally, and offers an objective evaluation of the resulting successes, failures, and lessons learned over the last twenty-five years.

Carbon Pricing in Japan

Author : Toshi H. Arimura
Publisher : Springer Nature
ISBN 13 : 9811569649
Total Pages : 271 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Carbon Pricing in Japan by : Toshi H. Arimura

Download or read book Carbon Pricing in Japan written by Toshi H. Arimura and published by Springer Nature. This book was released on 2020-09-17 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book evaluates, from an economic perspective, various measures introduced in Japan to prevent climate change. Although various countries have implemented such policies in response to the pressing issue of climate change, the effectiveness of those programs has not been sufficiently compared. In particular, policy evaluations in the Asian region are far behind those in North America and Europe due to data limitations and political reasons. The first part of the book summarizes measures in different sectors in Japan to prevent climate change, such as emissions trading and carbon tax, and assesses their impact. The second part shows how those policies have changed the behavior of firms and households. In addition, it presents macro-economic simulations that consider the potential of renewable energy. Lastly, based on these comprehensive assessments, it compares the effectiveness of measures to prevent climate change in Japan and Western countries. Providing valuable insights, this book will appeal to both academic researchers and policymakers seeking cost-effective measures against climate change.

International Economic Law

Author : Andreas F. Lowenfeld
Publisher :
ISBN 13 : 0199226938
Total Pages : 1011 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis International Economic Law by : Andreas F. Lowenfeld

Download or read book International Economic Law written by Andreas F. Lowenfeld and published by . This book was released on 2008 with total page 1011 pages. Available in PDF, EPUB and Kindle. Book excerpt: As conflict and cooperation among states turn to an ever greater extent on economic issues, this fully updated and expanded second edition presents a comprehensive exploration of the legal foundations of the international economy. It not only examines the current status of the law, but also explores the origins, political tensions and development of outcomes that are often difficult to comprehend.Lowenfeld examines the major elements of economic law in the international arena including the World Trade Organization and its antecedents; dumping, subsidies, and other devices that alter the market; the International Monetary System, including the collapse of the Bretton Woods system; the debt of developing countries; the law of foreign direct investment, including changing perceptions of the rights of host states and multinational enterprises; and economic sanctions. The book also contains chapters on competition law, environmental law, and new chapters on intellectual property and the various forms of arbitration; demonstrating how these subjects fit into the framework of international economic law.Professor Lowenfeld brings to his task a lifetime of practice and teaching experience to produce a book that will be of use to international lawyers and non-specialists alike.

International Trade and Climate Change

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 0821372262
Total Pages : 162 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis International Trade and Climate Change by : World Bank

Download or read book International Trade and Climate Change written by World Bank and published by World Bank Publications. This book was released on 2007-10-15 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change remains a global challenge requiring international collaborative action. Another area where countries have successfully committed to a long-term multilateral resolution is the liberalization of international trade. Integration into the world economy has proven a powerful means for countries to promote economic growth, development, and poverty reduction. The broad objectives of the betterment of current and future human welfare are shared by both global trade and climate regimes. Yet both climate and trade agendas have evolved largely independently through the years, despite their mutually supporting objectives. Since global emission goals and global trade objectives are shared policy objectives of most countries, and nearly all of the World Bank's clients, it makes sense to consider the two sets of objectives together. This book is one of the first comprehensive attempts to look at the synergies between climate change and trade objectives from economic, legal, and institutional perspectives. It addresses an important policy question - how changes in trade policies and international cooperation on trade policies can help address global environmental spillovers, especially GHG emissions, and what the (potential) effects of (national) environmental policies that are aimed at global environmental problems might be for trade and investment. It explores opportunities for aligning development and energy policies in such a way that they could stimulate production, trade, and investment in cleaner technology options.

Pricing Carbon

Author : A. Denny Ellerman
Publisher :
ISBN 13 : 9781139042017
Total Pages : 392 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis Pricing Carbon by : A. Denny Ellerman

Download or read book Pricing Carbon written by A. Denny Ellerman and published by . This book was released on 2014-05-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first detailed description and analysis of the European Union Emissions Trading Scheme.

Research Handbook on Emissions Trading

Author : Stefan E. Weishaar
Publisher : Edward Elgar Publishing
ISBN 13 : 1784710628
Total Pages : 381 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Research Handbook on Emissions Trading by : Stefan E. Weishaar

Download or read book Research Handbook on Emissions Trading written by Stefan E. Weishaar and published by Edward Elgar Publishing. This book was released on 2016-12-30 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading. It pursues an interdisciplinary approach drawing on law, economics and at times, political science, to present relevant research strands regarding emissions trading. Intermixing theoretical insights with experiences from existing trading systems, this Handbook offers insights that can be applied around the world. It identifies key bodies of research for both upcoming and seasoned people in the field and highlights future research opportunities.

International Trade Regulation and the Mitigation of Climate Change

Author : Thomas Cottier
Publisher : Cambridge University Press
ISBN 13 : 1139482807
Total Pages : 473 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis International Trade Regulation and the Mitigation of Climate Change by : Thomas Cottier

Download or read book International Trade Regulation and the Mitigation of Climate Change written by Thomas Cottier and published by Cambridge University Press. This book was released on 2009-09-24 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: What can trade regulation contribute towards ameliorating the GHG emissions and reducing their concentrations in the atmosphere? This collection of essays analyses options for climate-change mitigation through the lens of the trade lawyer. By examining international law, and in particular the relevant WTO agreements, the authors address the areas of potential conflict between international trade law and international law on climate mitigation and, where possible, suggest ways to strengthen mutual supportiveness between the two regimes. They do so taking into account the drivers of human-induced climate change in energy markets and of consumption.

Global Carbon Pricing

Author : Peter Cramton
Publisher : MIT Press
ISBN 13 : 0262340399
Total Pages : 270 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Global Carbon Pricing by : Peter Cramton

Download or read book Global Carbon Pricing written by Peter Cramton and published by MIT Press. This book was released on 2017-06-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman

China's Influence on Non-Trade Concerns in International Economic Law

Author : Paolo Farah
Publisher : Taylor & Francis
ISBN 13 : 1317167201
Total Pages : 585 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis China's Influence on Non-Trade Concerns in International Economic Law by : Paolo Farah

Download or read book China's Influence on Non-Trade Concerns in International Economic Law written by Paolo Farah and published by Taylor & Francis. This book was released on 2016-10-14 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the range of Non-Trade Concerns (NTCs) that may conflict with international economic rules and proposes ways to protect them within international law and international economic law. Globalization without local concerns can endanger relevant issues such as good governance, human rights, right to water, right to food, social, economic, cultural and environmental rights, labor rights, access to knowledge, public health, social welfare, consumer interests and animal welfare, climate change, energy, environmental protection and sustainable development, product safety, food safety and security. Focusing on China, the book shows the current trends of Chinese law and policy towards international standards. The authors argue that China can play a leading role in this context: not only has China adopted several reforms and new regulations to address NTCs; but it has started to play a very relevant role in international negotiations on NTCs such as climate change, energy, and culture, among others. While China is still considered a developing country, in particular from the NTCs’ point of view, it promises to be a key actor in international law in general and, more specifically, in international economic law in this respect. This volume assesses, taking into consideration its special context, China’s behavior internally and externally to understand its role and influence in shaping NTCs in the context of international economic law.

International Economic Law after the Global Crisis

Author : Chin Lim
Publisher : Cambridge University Press
ISBN 13 : 1107075696
Total Pages : 575 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis International Economic Law after the Global Crisis by : Chin Lim

Download or read book International Economic Law after the Global Crisis written by Chin Lim and published by Cambridge University Press. This book was released on 2015-04-30 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection explores the theme of fragmentation within international economic law following the global financial crisis.

European Yearbook of International Economic Law 2022

Author : Jelena Bäumler
Publisher : Springer Nature
ISBN 13 : 3031285328
Total Pages : 581 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis European Yearbook of International Economic Law 2022 by : Jelena Bäumler

Download or read book European Yearbook of International Economic Law 2022 written by Jelena Bäumler and published by Springer Nature. This book was released on 2023-05-23 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is the defining challenge of our time. While political leadership and scientific expertise are key, law has a major role to play in fashioning responses. Volume 13 of the EYIEL assesses central aspects of the legal regimes governing "Climate Change and Liability". Covering traditional trade and investment topics as well EU instruments regulating private actors, contributions reflect the diverse links between international economic law and climate change. Through a mix of foundational inquiries and coverage of current issues (such as climate change litigation), the volume offers a rich and nuanced account of international economic law in an era of "Climate Change and Liability".

Environmental Commodities Markets and Emissions Trading

Author : Blas Luis Pérez Henríquez
Publisher : Routledge
ISBN 13 : 1617260940
Total Pages : 298 pages
Book Rating : 4.6/5 (172 download)

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Book Synopsis Environmental Commodities Markets and Emissions Trading by : Blas Luis Pérez Henríquez

Download or read book Environmental Commodities Markets and Emissions Trading written by Blas Luis Pérez Henríquez and published by Routledge. This book was released on 2013 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market-based solutions to environmental problems offer great promise, but require complex public policies that take into account the many institutional factors necessary for the market to work and that guard against the social forces that can derail good public policies. Using insights about markets from the new institutional economics, this book sheds light on the institutional history of the emissions trading concept as it has evolved across different contexts. It makes accessible the policy design and practical implementation aspects of a key tool for fighting climate change: emissions trading systems (ETS) for environmental control. Blas Luis Pérez Henríquez analyzes past market-based environmental programs to extract lessons for the future of ETS. He follows the development of the emissions trading concept as it evolved in the United States and was later applied in the multinational European Emissions Trading System and in sub-national programs in the United States such as the Regional Greenhouse Gas Initiative (RGGI) and California's ETS. This ex-post evaluation of an ETS as it evolves in real time in the real world provides a valuable supplement to what is already known from theoretical arguments and simulation studies about the advantages and disadvantages of the market strategy. Political cycles and political debate over the use of markets for environmental control make any form of climate policy extremely contentious. Pérez Henríquez argues that, despite ideological disagreements, the ETS approach, or, more popularly, 'cap-and-trade' policy design, remains the best hope for a cost-effective policy to reduce GHG emissions around the world.

Effective Global Carbon Markets

Author : Justin D. Macinante
Publisher : Edward Elgar Publishing
ISBN 13 : 1839109483
Total Pages : 264 pages
Book Rating : 4.8/5 (391 download)

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Book Synopsis Effective Global Carbon Markets by : Justin D. Macinante

Download or read book Effective Global Carbon Markets written by Justin D. Macinante and published by Edward Elgar Publishing. This book was released on 2020-08-28 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: As numerous jurisdictions implement emissions mitigation mechanisms that put a price on carbon, this incisive book explores the emerging emissions markets and their diverse and fragmented nature. It proposes an innovative model for connecting such markets, offering a significantly more successful and expeditious achievement of climate policy objectives.

Science and Technology in International Economic Law

Author : Bryan Mercurio
Publisher : Routledge
ISBN 13 : 1134119771
Total Pages : 212 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Science and Technology in International Economic Law by : Bryan Mercurio

Download or read book Science and Technology in International Economic Law written by Bryan Mercurio and published by Routledge. This book was released on 2013-12-13 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Science and technology plays an increasingly important role in the continued development of international economic law. This book brings together well-known and rising scholars to explore the status and interaction of science, technology and international economic law. The book reviews the place of science and technology in the development of international economic law with a view to ensure a balance between the promotion of trade and investment liberalisation and decision-making based on a sound scientific process without hampering technological development. The book features chapters from a range of experts – including Lukasz Gruszczynski, Jürgen Kurtz, Andrew Mitchell and Peter K. Yu – who examine a wide range of issues such as investment law, international trade law, and international intellectual property. By bringing together these issues, the book asks how international trade and investment regimes utilise science and technology, and whether they do so fairly and in the interest of broader public policies. This book will be of great interest to researchers of international economic law, health law, technology law and international intellectual property law.