This timely book provides a comprehensive overview of the theory and practice of emissions trading including the lessons learnt, the problems faced and the prospects for its extended use. It includes case studies of trading schemes in the USA and Europe, and studies of international trading under the European acid rain regime. Problems of practical implementation, especially institutional feasibility and political acceptability, are given particular attention. The prospects for the international trading of greenhouse gases following the Kyoto Protocol are assessed, together with the potential conflict between emissions trading and established regulatory traditions. Pollution for Sale will be of great interest to policy makers, practitioners, researchers and students of environmental policy.However, the trading scheme will ensure that emissions stay below 34 000 tonnes/year from the year 2000. To establish a trading scheme without having to reduce emissions too much should help the learning process. This is important, asanbsp;...
|Title||:||Pollution for Sale|
|Author||:||Steve Sorrell, Jim Skea|
|Publisher||:||Edward Elgar Publishing - 1999-01-01|