Just ETS? Social justice and recent reforms in EU and US carbon markets

Lerch, Achim; Rudolph, Sven

doi:10.4337/9781786431219.00026

Cited by 2 publications

(1 citation statement)

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“…One reason for this is the fact that, while social justice in climate policy is a "key enabler of ambition", the concept itself remains "elusive" (Klinsky/Winkler 2013: 6, 1). However, as has been shown in another paper (Lerch/Rudolph 2016), differentiating sub-concepts such as procedural justice vs. the result of distributive justice, justice in transfer/acquisition vs. justice within allocation vs. redistributive justice, desert-based justice and welfare-based justice, egalitarianism vs. non-egalitarianism, inter-and intra-generational justice, and national and international justice offers a clearer view on the variety of social justice implications of carbon markets and allows for designing more socially just schemes.…”

Section: Sustainability Gains From Linkingmentioning

confidence: 57%

Developing the North American carbon market: prospects for sustainable linking

Rudolph¹,

Kawakatsu²,

Lerch³

2017

The Green Market Transition

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The Paris Agreement is certainly a diplomatic success and it blazes the trail for future global climate action. However, in order to achieve its target of keeping the global temperature increase significantly below 2°C, the Agreement has to be substantiated by more ambitious reduction targets and policies (UNFCCC 2016). Regional interlinked carbon markets provide a promising option to do so (Lerch 2016).Carbon markets, despite of some criticism, are still a valuable policy instrument. They minimize compliance costs and achieve pre-set targets accurately (Tietenberg 2006). They can be designed to fulfill ambitious criteria of sustainable development like environmental effectiveness, economic efficiency, and social justice (Rudolph et al. 2012). And the benefits of linking domestic carbon markets certainly dominate the concerns (Flachsland et al 2009, Ranson/Stavins 2015, Tuerk et al 2009. Not least, carbon markets have been spreading internationally across all governance levels (ICAP 2016).Sub-national policies are an important supplement to global and national measures. The New Environmental Federalism (Oates 2004, Rudolph/Morotomi 2016) objects to earlier warnings of a "race to the bottom" and underscores the value of sub-national regimes as policy laboratories;

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Section: Sustainability Gains From Linkingmentioning

confidence: 57%