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Cover image for book Emissions Trading

Emissions Trading

Institutional Design, Decision Making and Corporate Strategies
By:Ralf Antes; ‎Bernd Hansjürgens; ‎Peter Letmathe
Publisher:Springer Nature
Print ISBN:9780387736525
eText ISBN:9780387736532
Edition:1
Copyright:2008
Format:Page Fidelity

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Emissions trading challenges the management of companies in an entirely new manner. Most importantly it shifts the mode of governance of environmental policy from hierarchy to market. The contributions in this book discuss the theoretical implications of different institutional designs of emissions trading schemes. They review schemes implemented in the US and Europe, and evaluate the range of investment decisions and corporate strategies resulting from the new policy framework.