Economic social and environmental considerations

Political debates over climate policy in general and carbon trading in particular commonly focus on the impacts on industrial competitiveness and income distribution. Concerns over these issues can easily be overstated and the potential for win-win opportunities overlooked. Nevertheless unless these concerns are adequately addressed, the effectiveness of carbon trading will be undermined - most notably through the negotiation of relatively weak caps.

An issue that has received less attention is how a carbon trading scheme will affect other climate and energy policies. This section examines the impact of a carbon trading scheme on industrial competitiveness (subsection 11.3.1), income distribution (11.3.2) and other climate policies (11.3.3). It argues that the political feasibility and success of a trading scheme depends upon how each of these issues is addressed.

Was this article helpful?

0 0
Living Off The Grid

Living Off The Grid

Get All The Support And Guidance You Need To Be A Success At Living Off The Grid. This Book Is One Of The Most Valuable Resources In The World When It Comes To When Living Within The Grid Is Not Making Sense Anymore.

Get My Free Ebook

Post a comment