Book Review: Reclaiming the Atmospheric Commons. The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading by Leigh Raymond, MIT Press, 2016.

Houle, David

doi:10.31235/osf.io/ckzsf

2018

DOI: 10.31235/osf.io/ckzsf

|View full text |Cite

Preprint

Book Review: Reclaiming the Atmospheric Commons. The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading by Leigh Raymond, MIT Press, 2016.

David Houle¹

Abstract: This is a pre-print version of the following publication: Houle, David (2018), Reclaiming the Atmospheric Commons: The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading. Cambridge, MA: MIT Press. 256 pages. ISBN 9780262529303, $35.00 paperback. Leigh Raymond. 2016. Review of Policy Research, 35 (3): 491-493. doi:10.1111/ropr.12304.

Help me understand this report

View published versions

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

From Top-Down to Bottom-Up Climate Policy: New Challenges in Carbon Market Design

Monast¹

2017

SSRN Journal

View full text Add to dashboard Cite

The climate policy debate underwent a profound shift between 2009 2016. Prior to that point, efforts at the domestic and international levels focused on broad, top-down strategies to reduce greenhouse gas (GHG) emissions, with market-based mechanisms expected to play a key role. The simultaneous breakdown of the congressional climate policy debate and the failure of the United Nations Framework Convention on Climate Change (UNFCCC) to produce a new international agreement at the meeting in Copenhagen raised serious questions about the political viability of carbon markets, as well as the prospects for implementing meaningful near-term emission abatement strategies. A number of bottom-up strategies have since emerged, including subnational experimentation with carbon market design, emissions trading options under the U.S. Environmental Protection Agency's Clean Power Plan, and the UNFCCC's focus on individual emission reduction commitments by member nations. These incremental steps represent important progress, but are incapable of stabilizing or reducing atmospheric GHG concentrations on their own. The ultimate success of the decentralized mitigation approaches currently underway, therefore, depends upon their ability to foster broader action. This Article explores the shift from top-down to bottom-up approaches to carbon market design, focusing on three strategies that have emerged since 2009: the California Cap-and-Trade Program, the Clean Power Plan, and the UNFCCC process. The Article then examines the prospects for broad multilateral markets to emerge under a bottom-up approach and identifies three pathways to streamline market design choices: a coordinated approach; a dominant actor approach; and a common elements approach.

show abstract

From Top-Down to Bottom-Up Climate Policy: New Challenges in Carbon Market Design

Monast¹

2017

SSRN Journal

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Book Review: Reclaiming the Atmospheric Commons. The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading by Leigh Raymond, MIT Press, 2016.

Cited by 1 publication

References 0 publications

From Top-Down to Bottom-Up Climate Policy: New Challenges in Carbon Market Design

From Top-Down to Bottom-Up Climate Policy: New Challenges in Carbon Market Design

Contact Info

Product

Resources

About