£115.00

Routledge The Political Economy of the European Union’s Emissions Trading System (Routledge Studies in Ecological Economics)

Name: The Political Economy of the European Union's Emissions Trading System (Routledge Studies in Ecological Economics)
Brand: Routledge
Price: 115.0 GBP
Availability: InStock

Political Economy

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Description

Climate change is considered the major international environmental problem of our time. Emission trading was incorporated in the Kyoto Protocol and is widely presented as the best instrument for combating global warming. The European Union’s Emissions Trading System was the first such trading scheme launched and has become the flagship of the EU’s efforts to fight climate change. This book analyses the rationale and the basic design of the European Union Emission Trading Scheme. It also discusses its workings during the first two trading periods (2005-2007, 2008-2012) and the initiation of the third phase (2013-2020), following a revision of the scheme. The book offers a critical assessment of the EU ETS from a radical political economy standpoint, challenging mainstream accounts. The analysis reveals the limited environmental effectiveness and distributional injustice of the scheme. It concludes that, since these pitfalls are generated from the nature of the scheme and its embeddedness in the EU capitalist economies, enduring solutions to climate change require radical transformation of the economy and society, including a new energy structure primarily based on renewable energy.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1138839264
Category: Books > Subjects > Business, Finance & Law > Economics > Political Economy
Domain: Amazon UK
Release Date: 01 November 2016
Listed Since: 19 August 2015

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Routledge The Political Economy of the European Union’s Emissions Trading System (Routledge Studies in Ecological Economics)

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