The Politics of Emissions Trading in Britain and Germany
The threat of climate change is one of the most serious contemporary political problems.
The European Union’s (EU) emissions trading scheme (ETS) has emerged as one of the
most important policy instruments with which European policy makers intend to tackle
the threat of climate change. However, while some analysts have advocated emissions
trading as the most cost-efficient policy instrument for this purpose, others have warned that it will lead to the neoliberalisation of European environmental policies while doing little to prevent climate change .
This report explains when, how and by whom emissions trading was pushed onto the political agenda in Europe, it analyses who advocated and who opposed the adoption of emissions trading as a possible policy tool for complying with the targets of the 1997 Kyoto Protocol and assesses Britain’s successful and Germany’s unsuccessful attempts to set up domestic ETSs. Furthermore it analyses the role that Britain and Germany have played in the adoption of the EU ETS and its implementation and finally offers a comparative analysis of the politics of emissions trading in Britain and Germany.
October 2008, ISBN 978-1-900834-51-3
- For an English Executive Summary please click here
- For a German summary (press release) please click here
- For a free download of the complete report (834 KB) please click here