Climate Change and European Emissions Trading
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Climate Change and European Emissions Trading

Lessons for Theory and Practice

Edited by Michael Faure and Marjan Peeters

This timely book focuses on the EU-wide greenhouse gas emissions trading scheme for major sources. It combines legal and economic approaches and reviews the major revision of this scheme. A distinguished range of authors assess the experiences thus far and also consider future development from both theoretical and practical perspectives. They also discuss many design options, including auctioning, credit and trade, the inclusion of aviation emissions, and linking possibilities. Moreover, attention is paid to the role of legal principles, the role of case law, and to aspects of democratic accountability within an emissions trading scheme. Ways to avoid carbon leakage and the role of national climate policies are also discussed. This book makes clear that the economic efficiency and effectiveness of an emissions trading scheme depend to a large extent on the specific legislative choices, and hence the legislative design of such a scheme deserves meticulous attention.
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Chapter 10: Domestic Initiatives in the UK

Karen E. Makuch and Zen Makuch


Karen E. Makuch and Zen Makuch1 1. GENERAL INTRODUCTION The United Kingdom of Great Britain and Northern Ireland’s (hereinafter ‘UK’) legal and policy initiatives at the domestic level designed to address climate change and meet EU and international commitments are ubiquitous. They span the range of conventional environmental instrument categories including: command and control regulations; market-based instruments and negotiated agreements. The UK also produced a world first with a national economy-wide greenhouse gas emissions trading scheme (ETS). This chapter discusses several of the climate policy initiatives that have been, are or will imminently be employed in the UK. The UK comprises the four constituent parts of England, Scotland, Wales (the grouping to which the political term Great Britain is attributed) and Northern Ireland. The United Kingdom has been a centralized, unitary state for much of its history, and environmental law and policy developments within the UK tend to be similar throughout each of its constituent parts. The focal point of this work is largely on initiatives within England and Wales, the larger and arguably more politically dominant constituency. Given the ubiquity of domestic initiatives, there is a key critical point worthy of detailed scrutiny. It concerns the following question: Is there policy cohesion (i.e., joined-up thinking in policy design/implementation) in relation to climate change policy instruments? This is an issue that we have examined in this chapter in relation to five key instruments pertaining to emissions trading, the Climate Change Agreements and the Climate Change Levy. Surveys and interviews have...

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