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Preface

Carbon Taxes, Energy Subsidies and Smart Instrument Mixes

Edited by Stefan E. Weishaar, Larry Kreiser, Janet E. Milne, Hope Ashiabor and Michael Mehling

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Editorial review board

Carbon Taxes, Energy Subsidies and Smart Instrument Mixes

Edited by Stefan E. Weishaar, Larry Kreiser, Janet E. Milne, Hope Ashiabor and Michael Mehling

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Carbon tax choices: the tale of four states

Carbon Taxes, Energy Subsidies and Smart Instrument Mixes

Janet E. Milne

While carbon tax measures have not yet met with success at the federal level in the United States, proposals for carbon taxes emerged in a handful of states in 2015 and 2016. The proposals address the shared challenge of climate change, but each has its own unique features and setting. Drawing on proposals in Oregon, Massachusetts, Vermont and Washington as case studies, this chapter explores how state constitutions can affect the design of state-level carbon taxes and their legislative route toward enactment. For example, the Oregon constitution imposes limits on tax rates and use of the revenue when taxing certain fossil fuels. The constitutions in three of the four states require that some types of revenue measures must originate in the legislative House of Representatives, not the Senate, raising the question whether carbon taxes can be designed in a manner that will avoid this procedural constraint. In Washington, the carbon tax proposal came forward as a ballot initiative that went to voters in the general election, following a procedure permitted under the state constitution. These case studies serve as an important reminder of how constitutional provisions that were not created with climate change in mind can influence the design features of subnational carbon taxes and political strategies.

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The crude oil market and its driving forces

Prices, Production and Consumption

Basil Oberholzer

This chapter is an introduction to the most important topics regarding the crude oil market. Several data and facts of the market are briefly presented. An outstanding feature of crude oil at the core of public debates is its character as a fossil and non-renewable fuel. The chapter enlightens what this means in economic terms and how it is connected to the investigation at hand. As another issue, recent research on the oil market has, to a great part, focused on the driving forces of the oil price. In particular, our interest is in the question of whether economic fundamentals are the only factors influencing the price or whether speculation may also be effective. Finally, the role of OPEC and its potential power to impact on the oil market is considered.

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Preface

Comparing Europeanization and Domestic Policy Change in EU Member States

Edited by Israel Solorio and Helge Jörgens

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Foreword

Comparing Europeanization and Domestic Policy Change in EU Member States

Edited by Israel Solorio and Helge Jörgens

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The EU and the promotion of renewable energy: an analytical framework

Comparing Europeanization and Domestic Policy Change in EU Member States

Helge Jörgens and Israel Solorio

Chapter 1 presents the analytical framework used throughout the book to study how renewable energy policies in the EU member states emerged and have changed throughout the past three decades. In order to study renewable energy policymaking in the European Union (EU) and its member states and to untangle the complex policy processes that surround it, the authors draw on the Europeanization framework as their principal analytical tool. Adopting a Europeanization perspective allows emphasis to be put not only on the domestic drivers of national policy change, but also on the (sometimes neglected) role of the EU in renewable energy sources promotion. It also directs the analytical focus to the interactive nature of EU policymaking, characterized by an interdependent mix of uploading, downloading and cross-loading of policies and programmes between the European and the national levels and across EU member states. In order to adequately account for the multiplicity of factors that drive policy change in the European multi-level polity, the authors distinguish between three types of Europeanization – bottom-up, top-down, and horizontal – all of which prove to be relevant in some countries or at some point in time. By explicitly adding a horizontal dimension, the analytical framework goes beyond traditional concepts of Europeanization as a two-way process where member state governments either shape European policy outcomes (bottom-up Europeanization) or adapt to them (top-down Europeanization). Keywords: bottom-up Europeanization, Europeanization, horizontal Europeanization, policy diffusion, renewable energy policy, top-down Europeanization

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  • The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development

Valentina Bosetti, Michela Catenacci, Giulia Fiorese, Elena Verdolini and Laura Aleluia

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  • The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development

Edited by Valentina Bosetti and Michela Catenacci

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  • The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development

Edited by Valentina Bosetti and Michela Catenacci