Global Climate Change Policy and Carbon Markets Transition to a New

In this book, Richard Rosenzweig, describes the policies proposed and adopted in the first generation of climate change policy-making including the Kyoto Protocol and the carbon markets and assesses their failure to halt the increases of rising emissions

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GLOBAL CLIMATE CHANGE POLICY AND CARBON MARKETS Transition to a New Era RICHARD H. ROSENZWEIG

Energy, Climate and the Environment

Series Editor David Elliott The Open University Milton Keynes United Kingdom

Aim of the Series The aim of this series is to provide texts which lay out the technical, environmental and political issues relating to proposed policies for responding to climate change. The focus is not primarily on the science of climate change, or on the technological detail, although there will be accounts of this, to aid assessment of the viability of various options. However, the main focus is the policy conflicts over which strategy to pursue. The series adopts a critical approach and attempts to identify flaws in emerging policies, propositions and assertions. In particular, it seeks to illuminate counter-intuitive assessments, conclusions and new perspectives. The intention is not simply to map the debates, but to explore their structure, their underlying assumptions and their limitations. The books in this series are incisive and authoritative sources of critical analysis and commentary, clearly indicating the divergent views that have emerged whilst also identifying the shortcomings of such views. The series does not simply provide an overview, but also offers policy prescriptions. More information about this series at http://www.springer.com/series/14966

Richard H. Rosenzweig

Global Climate Change Policy and Carbon Markets Transition to a New Era

Richard H. Rosenzweig Washington, District of Columbia US

ISBN 978-1-137-56050-6 ISBN 978-1-137-56051-3 DOI 10.1057/978-1-137-56051-3

(eBook)

Library of Congress Control Number: 2016947273 © The Editor(s) (if applicable) and The Author(s) 2016 The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988. This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover image © Frans Lanting Studio