"This is an important book written at the right time. In an era when governments, businesses, and publics are seeking ways to reconcile capitalism with environmental and climate policies, when carbon markets and carbon taxes are being actively debated, and when climate science tells us we need to act, Benney's analysis lays bare crucial foundations for moving forward. Extending the varieties of capitalism literature to encompass emerging economies as she does here is a significant contribution by itself, but Benney takes us further using these insights to advance our understanding of the development of carbon markets and environmental governance. In bringing together literatures that are too often siloed, this book sheds new and important light on the determinants of success in developing carbon markets and progress in global environmental governance. The analysis is compelling with a creative development and deployment of rigorous methods, especially the Boolean Qualitative Comparative Analysis, and lucid prose that guides the reader through sophisticated theoretical and methodological terrain towards insightful payoff without sacrificing sophistication or rigor."—Matthew Hoffmann, University of Toronto, Canada