Research Handbook on Emissions Trading
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Research Handbook on Emissions Trading

Edited by Stefan E. Weishaar

Research Handbook on Emissions Trading examines the origins, implementation challenges and international dimensions of emissions trading. It pursues an interdisciplinary approach drawing on law, economics and at times, political science, to present relevant research strands regarding emissions trading. Intermixing theoretical insights with experiences from existing trading systems, this Handbook offers insights that can be applied around the world. It identifies key bodies of research for both upcoming and seasoned people in the field and highlights future research opportunities.
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Chapter 2: Origins of emissions trading in theory and early practice

Daniel H. Cole

Abstract

This chapter surveys the origins of emissions trading in theory and early practice, from John Dales’ initial explication of the instrument through its first large scale experiment in the 1990 US Clean Air Act Amendments.

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