58 research outputs found
Some much needed momentum is finally building behind the EU’s emissions trading system
The EU emissions trading system (ETS) is a key component of the European Union’s policy for tackling climate change. The ETS works using a ‘cap and trade’ system, with a progressively tightening limit set on the amount of greenhouse gases that can be emitted by factories, power plants and other actors. Jørgen Wettestad and Torbjørg Jevnaker write that after a difficult period in which the ETS has struggled to meet its aims, the system finally looks to be building some momentum with greater consensus among EU governments and actors in the European Parliament on the way forward
The Role of Policy Diffusion in Shaping Design Properties
This paper examines the extent to which and how the spread and design of
carbon trading systems worldwide have been shaped by international policy
diffusion. We highlight eight central design characteristics and identify nine
cases for further scrutiny. Focusing on similarities and differences across
the cases, we find that international diffusion can explain both converging
and diverging designs. While the former observation is in line with the
traditional understanding of diffusion leading to convergence as actors adopt
a policy initiated by others, it is more striking that policy diffusion stands
forth as important for understanding design divergence. Evidence presented in
this paper demonstrates that diffusion mechanisms interact with and contribute
to the evolution in the policy as it diffuses over time. Hence, we argue that
policy convergence is not necessarily a great measure of diffusion because the
policy is not the same over time. The policy divergences, partly rooted in
different domestic conditions and political constraints, mean that no linked
global system is likely in the near future, although the spread of the policy
model can be seen as promising for a future emissions trading regime from
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Calling in the Heavyweights: Why the World Bank Established the Carbon Pricing Leadership Coalition, and What It Might Achieve
The initial key international climate policy and carbon market hub was the United Nations Framework Convention on Climate Change. Over time several international organizations and networks have been added to the “international carbon market web,” such as several World Bank (WB) initiatives. As to the latter, the Carbon Pricing Leadership Coalition (CPLC) was launched in 2015. A key question then becomes: considering an increasingly dense international environment, why was the Coalition formed? Our analysis shows the importance of taking into account institutional pathways in the Bank itself and the character of previous WB-internal initiatives. However, it is particularly important to note interaction with a strong external pull, stemming both from more “systemic” developments such as the collapse of the Clean Development Mechanism system and the explicit request for new initiatives from key actors, such as UN General Secretary Ban-Ki Moon. We suggest seeing entrepreneurship from the bureaucracies of international organizations as conditional on member-state behavior or a conducive institutional environment (or both). We also discuss main prospects ahead, both for the Coalition and the more general organizational set-up in this issue-area. Here we draw attention to the role of the WB as an international “heavyweight” and CPLC and Bank meetings held back to back.acceptedVersio
Chapter 21 Differentiated integration in EU climate policy
EU climate policy is characterized by significant degrees of differentiated integration. Although the two topics complement each other, differentiated integration and studies of EU climate policy have rarely been studied in conjunction. To address this gap, we develop a three-fold conceptualization that makes it possible to explore differentiation during the course of a policy cycle: policy output differentiation, policy outcome differentiation and policy impact differentiation. Our examination of two key elements of EU climate policy legislation—emissions trading and renewables policy—shows that differentiated integration is an uneven and multi-directional process that varies over time. We argue that differentiation is an important enabler for concerted action in EU climate policy and that differentiation at the policy output and outcome stages may facilitate greater harmonization at the impact stage. Differentiation at the impact and outcome level of the three (idealtype) policy stages does not automatically reflect differentiation at the output policy stage; it is rather that output differentiation may facilitate both high and low levels of differentiation at these later stages
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