Del i serien Elgar Studies in Climate Law

Including Consumption in Emissions Trading

Economic and Legal Considerations

Inbunden, Engelska, 2021

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This timely book addresses the need for further measures to reduce greenhouse gas emissions in the European Union, arguing that the EU Emissions Trading Scheme does not offer sufficient incentives for the carbon-intensive materials sector. It highlights the challenge that emissions from industries such as iron and steel, cement and aluminium, amongst others, pose to the EU's commitment to significantly cut emissions by 2030.Offering an in-depth review from an economic and legal perspective, Manuel Haussner explores these carbon-intensive sectors and their contribution to current emissions, and provides insightful suggestions on how a consumption-based carbon charge would create incentives for deep decarbonisation. He demonstrates how the design of such a charge would comply with the EU's obligations and WTO's legal requirements, and illustrates how such a charge would be drafted, providing guidance on administering carbon taxation and analysing carbon charges alongside the EU recommended portfolio of policy instruments.This thought-provoking book will be an essential read for all policymakers, consultants and practitioners working in environmental law and policy in the EU. It will also be valuable to scholars working at the intersections of economics and environmental and energy law.

Produktinformation

Utgivningsdatum2021-03-12
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
SerieElgar Studies in Climate Law
FörlagEdward Elgar Publishing Ltd
ISBN9781800376847

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Contents: 1. Introduction PART I THE ECONOMIC CASE FOR A CONSUMPTION CHARGE, DESIGN ISSUES AND ECONOMIC IMPACT 2. The economic case for a consumption charge on carbon-intensive materials 3. Design issues for a consumption charge and economic impact PART II THE LEGAL BASIS AND DECISION-MAKING PROCEDURE FOR THE IMPLEMENTATION OF THE IOC CHARGE UNDER EU LAW 4. Incentivising consumption efficiency: a matter of environmental policy 5. Article 192(1) TFEU vs Article 192(2) TFEU PART III THE IOC CHARGE AND WORLD TRADE LAW 6. The compatibility of the IoC charge with world trade law PART IV PRACTICAL ADMINISTRATION OF THE IOC CHARGE 7. The administration of the IoC charge 8. Conclusion Bibliography Index

'How can carbon pricing guide industry towards climate neutrality while avoiding carbon leakage risks? Manuel Haussner shows that including the consumption of basic materials into the Emission trading system offers a viable solution, which is now being discussed across Europe. The book analysis in detailed WTO and administrative feasibility and makes the case for a legal basis as part of the EU Emission Trading Directive. This well presented analysis is a must read for everyone that wants to understand the reality of policy instruments at the interface between trade and climate change.'