The European Emission Trading System and Its Followers

Comparative Analysis and Linking Perspectives

Nonfiction, Science & Nature, Science, Biological Sciences, Environmental Science, Business & Finance, Economics, Nature
Cover of the book The European Emission Trading System and Its Followers by Simone Borghesi, Massimiliano Montini, Alessandra Barreca, Springer International Publishing
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Author: Simone Borghesi, Massimiliano Montini, Alessandra Barreca ISBN: 9783319311869
Publisher: Springer International Publishing Publication: April 16, 2016
Imprint: Springer Language: English
Author: Simone Borghesi, Massimiliano Montini, Alessandra Barreca
ISBN: 9783319311869
Publisher: Springer International Publishing
Publication: April 16, 2016
Imprint: Springer
Language: English

Given the rapid spread of ETSs in an increasing number of countries and the important role that they are likely to play for the success or failure of the environmental policy in the years to come, this book provides an interdisciplinary analysis of the EU ETS from both the legal and economic perspectives comparing it with the other main ETSs existing worldwide, in order to assess whether the EU ETS has truly represented a prototype for the other ETSs established around the world and to investigate the current perspectives for linking them in the future.

Through the years, the EU ETS has progressively gained a paramount position within the EU environmental policy and climate change legislation and currently represents the most striking flagship in this sector, with more than 11.000 installations covered by the scheme. In parallel, the EU ETS has paved the way for the establishment of many other ETSs in several other jurisdictions. Such schemes are now recognized worldwide as the “cornerstones” of the climate change policy. 

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Given the rapid spread of ETSs in an increasing number of countries and the important role that they are likely to play for the success or failure of the environmental policy in the years to come, this book provides an interdisciplinary analysis of the EU ETS from both the legal and economic perspectives comparing it with the other main ETSs existing worldwide, in order to assess whether the EU ETS has truly represented a prototype for the other ETSs established around the world and to investigate the current perspectives for linking them in the future.

Through the years, the EU ETS has progressively gained a paramount position within the EU environmental policy and climate change legislation and currently represents the most striking flagship in this sector, with more than 11.000 installations covered by the scheme. In parallel, the EU ETS has paved the way for the establishment of many other ETSs in several other jurisdictions. Such schemes are now recognized worldwide as the “cornerstones” of the climate change policy. 

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