Bringing Emissions Trading Schemes into Mexican Climate Policy

Abstract

Emissions trading schemes (ETS) have become popular as a policy instrument to tackle climate change. This chapter analyses the decision to deploy carbon markets and their interaction with other instruments in Mexico’s climate policy. Instrument selection has been thoroughly explored in the regulation and public policy literature (Kern et al. in Res Policy 48, 2019; Capano and Lippi in Policy Sci 50(2):269–293, 2016; Wurzel et al. in German Policy Studies 9:21–48, 2013; Harker et al. in Climate Policy 17(4):485–500, 2017; Baldwin et al. in Understanding regulation, Oxford University Press, 2012; Jordan et al. in Policy instruments in practice. Oxford handbooks online 536–549, 2011), but its application to carbon markets is mainly focused on environments such as Europe, the US and, more recently, China. The decision to adopt an ETS relies not only on specific characteristics of each instrument but also on institutional constraints and messy political considerations. A combination of preferences and institutional factors affect the choice of instruments, and the ultimate decision must be legitimate and instrumental for each context. I analyse the considerations involved in the deployment of the ETS pilot project, looking at its distinctive characteristics and those it shares with other available instruments, as well as the requirements for its implementation.

Regulation and development: Theoretical contributions and empirical lessons from Latin America

“…Lastly, another set of studies have analyzed the broader infrastructure of regulatory agencies. Together with a group of colleagues, Elizondo andDussauge-Laguna (2018, 2019) have assessed the experience of one Mexican regulatory agency in the energy sector, including topics such as capacity, coordination, and risk-management. Cunha et al (2017) have surveyed the "regulocrats" in the transport and energy sector in Brazil to assess their technical capacity and sector-based experience.…”

“…Internationalization refers here to political, ideational, policy, and institutional exchanges that may take place beyond national borders, but which have direct implications on national developments (Baldwin et al, 2012; Thatcher, 2007). Indeed, internationalization has played a central role in contemporary regulatory reforms in a variety of forms, including: (i) the adoption of rules and standards promoted or required by international organizations (i.e., the World Bank) or specific sector expertise networks (i.e., the International Telecommunication Union, the International Energy Agency); (ii) the regional diffusion or transfer of regulatory practices and institutions; (iii) cross‐national learning triggered by policy tourism, peer‐to‐peer learning exercises, and expert engagement in international regulatory networks; and (iv) the international promotion of (and the pressures associated with) international indicators and rankings (de Francesco, 2013; Elizondo, 2022; Lodge, 2005; Perales‐Fernández & Dussauge‐Laguna, 2023).…”

“…Similarly, looking at regulatory reforms in Latin America in the telecommunication sector, from the 1980s through the 1990s, Gutiérrez (2003) suggests that privatization programs aimed at opening markets were promoted in view of the “Washington consensus” sponsored by the IMF. Another example is the introduction of carbon taxes and emission trading systems in Mexico, following recommendations of best practices from international organizations and institutions from developed countries (Elizondo, 2022).…”

Fenntarthatósági átmenet: kihívások és innovatív megoldások : Nemzetközi tudományos konferencia a Magyar Tudomány Ünnepe alkalmából

“…A Kiotói Jegyzőkönyv hatálya alatt 2022-ben adták le a részes felek az utolsó Üvegházhatású Gázleltár-jelentéseket; ezzel lezárult a kiotói időszak és átléptünk a Párizsi Egyezmény korszakába (Elizondo, 2022). Európában a Zöld Megállapodás (EU Green Deal) által elénk állított klímacélok és a Párizsi Egyezmény szerinti vállalások szorosan összefonódnak.…”

Az új mexikói kvótakereskedelmi rendszer és erdészeti vonatkozásai

“…A Kiotói Jegyzőkönyv hatálya alatt 2022-ben adták le a részes felek az utolsó Üvegházhatású Gázleltár-jelentéseket; ezzel lezárult a kiotói időszak és átléptünk a Párizsi Egyezmény korszakába (Elizondo, 2022). Európában a Zöld Megállapodás (EU Green Deal) által elénk állított klímacélok és a Párizsi Egyezmény szerinti vállalások szorosan összefonódnak.…”