MACMILLAN Global Climate Change Policy and Carbon Markets: Transition to a New Era (Energy, Climate and the Environment)

In this book, Richard Rosenzweig, describes the policies proposed and adopted in the first generation of climate change policy-making including the Kyoto Protocol and the carbon markets and assesses their failure to halt the increases of rising emissions of greenhouse gases. Carefully structured throughout, each chapter demonstrate how the first generation of policies failed because they were top down, overly ambitious and complex. The author uses the lessons drawn from this analysis to recommend more modest, targeted policies, arguing that they will be more successful in fighting climate change in the new era of policy-making. An invaluable reference for advanced undergraduate and graduate students in taking relevant courses in Environmental Policy, Law and Business. This book will also be a useful overview for researchers working in the field as well as those working in government and policy. Review “Rich Rosenzweig has written three very useful books in one: a concise history of international climate governance and carbon markets, an eyewitness account from a major player who helped make that history, and a sharp analysis of what didn’t work and what maybe can work going forward. Rosenzweig cuts through the abstractions to the practical reality of climate protection: moving the planet’s energy system to zero carbon sources in the next several decades.  His recommendations, calling for a pragmatic portfolio of policies that will actually work rather than an elegant monolithic, top-down policy or market structure, will serve the debate well. Even long time veterans of the climate issue will learn a lot, and have their thinking challenged.” (Armond Cohen, Executive Director, Clean Air Task Force) “Based on his experience in government and success as COO of a leading carbon market company, Rich Rosenzweig provides insights into what worked and failed in the effort to address climate change. His description of policy-makers and negotiators attempts to create the carbon markets and analysis of their performance is long overdue.  As the CEO of an entrepreneurial firm that deployed over $1billion in the markets, I agree with Rich’s assessment and there future role. His recommendation for going forward will outrage many; but leave those of us who were there nodding our heads in agreement.”  (Jack Cogen, Founder and Former CEO, Natsource) “Mr. Rosenzweig has done an erudite and masterful job of capturing the complexities and challenges of the policy responses of governments around the world as they grappled with the most important, daunting and vexing environmental issue ever to face the people of Earth.  He delivers a comprehensive summary of 25+ years of policy deliberations and approaches tried both domestically and internationally, with a candid assessment of the successes and failures.  These highly valuable historical insights inform his sage policy recommendations.  Global policymakers at all levels of government would be well served to study the author’s conclusions and follow his guidance.” (Dale E. Heydlauff, Vice President-Corporate Communications, American Electric Power) “Rich Rosenzweig has provided a comprehensive and insightful history of climate policy development, both within national borders and globally through the UNFCCC.  But the best value comes at the end, where that insight has been used to offer recommendations for the future, particularly as policy makers look towards implementation of the Paris Agreement.” (David Hone, oil and gas industry writer, author of “Putting the Genie Back” and formerly Chairman of the International Emissions Trading Association) From the Back Cover In this book, Richard Rosenzweig, describes the policies proposed and adopted in the first generation of climate change policy-making including the Kyoto Protocol and the carbon markets and assesses their failure to halt the increases of rising emissions of greenhouse gases. Ca