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PDF
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Type:
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Conference Paper |
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Author:
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Farrell, Alex; Morgan, M. Granger |
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Conference:
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Constituting the Commons: Crafting Sustainable Commons in the New Millennium, the Eighth Biennial Conference of the International Association for the Study of Common Property |
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Location:
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Bloomington, Indiana, USA |
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Conf. Date:
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May 31-June 4 |
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Date:
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2000 |
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URI:
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https://hdl.handle.net/10535/965
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Sector:
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Global Commons |
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Region:
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North America |
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Subject(s):
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IASC
common pool resources
environmental policy
pollution--policy
air pollution
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Abstract:
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"Marketable permit schemes are often proposed as efficient means of managing CO2 emissions in order to combat global climate change. This paper presents the basis of such claims and discusses some of the problems with them. One of the principal problems is that there will be far more heterogeneity in any international marketable emissions permit system than in the centrally-imposed systems seen so far and often held up as examples. The best examples of how such a multi-lateral marketable emissions permit schemes may or may not emerge in the international setting come from the successful and (so far) failed efforts to create inter-state markets for the control of nitrogen oxides (NOX) in the eastern U.S. The paper will focus on the distinctive lessons for these examples offer for potential implementation of CO2 emissions trading and how the literature on Common Property Resources illuminates these lessons."
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