Business and Emissions Trading from a Public Choice Perspective: Waiting for a New Paradigm to Emerge

Research output: Contributions to collected editions/worksChapterpeer-review

Standard

Business and Emissions Trading from a Public Choice Perspective: Waiting for a New Paradigm to Emerge. / Tschochohei, Heinrich; Zöckler, Jan .
Emissions trading: Institutional Design, Decision Making and Corporate Strategies. ed. / Ralf Antes; Bernd Hansjürgens; Peter Letmathe. New York, NY: Springer New York LLC, 2008. p. 21-35.

Research output: Contributions to collected editions/worksChapterpeer-review

Harvard

Tschochohei, H & Zöckler, J 2008, Business and Emissions Trading from a Public Choice Perspective: Waiting for a New Paradigm to Emerge. in R Antes, B Hansjürgens & P Letmathe (eds), Emissions trading: Institutional Design, Decision Making and Corporate Strategies. Springer New York LLC, New York, NY, pp. 21-35. https://doi.org/10.1007/978-0-387-73653-2_2

APA

Tschochohei, H., & Zöckler, J. (2008). Business and Emissions Trading from a Public Choice Perspective: Waiting for a New Paradigm to Emerge. In R. Antes, B. Hansjürgens, & P. Letmathe (Eds.), Emissions trading: Institutional Design, Decision Making and Corporate Strategies (pp. 21-35). Springer New York LLC. https://doi.org/10.1007/978-0-387-73653-2_2

Vancouver

Tschochohei H, Zöckler J. Business and Emissions Trading from a Public Choice Perspective: Waiting for a New Paradigm to Emerge. In Antes R, Hansjürgens B, Letmathe P, editors, Emissions trading: Institutional Design, Decision Making and Corporate Strategies. New York, NY: Springer New York LLC. 2008. p. 21-35 doi: 10.1007/978-0-387-73653-2_2

Bibtex

@inbook{90d75870917f4c63b3bbf55d417a4aef,
title = "Business and Emissions Trading from a Public Choice Perspective: Waiting for a New Paradigm to Emerge",
abstract = "Emissions trading is the economist's preferred instrument for handling CO2 emissions. It is described as an efficient and effective instrument that motivates corporations to redesign their internal decision-making processes and innovation management. Referring to the European Emissions Trading Scheme (ETS) and, in particular, to its implementation in Germany as defined by the National Allocation Plan covering the period 2005-2007 (NAP I), we derive hypotheses about the interests of the actors deciding environmental policy against the background of Public Choice Theory. This helps us to understand why the practice in environmental policy differs significantly from theory. We argue that the German NAP I reflects a structural conservatism. Although comprehensive ET comes into force for the first time, we will still have to wait for a new paradigm to emerge in environmental policy.",
keywords = "Sustainability sciences, Management & Economics, German National Allocation Plan, Public Choice Theory",
author = "Heinrich Tschochohei and Jan Z{\"o}ckler",
year = "2008",
month = jan,
day = "1",
doi = "10.1007/978-0-387-73653-2_2",
language = "English",
isbn = "978-0-387-73652-5",
pages = "21--35",
editor = "Ralf Antes and Bernd Hansj{\"u}rgens and Peter Letmathe",
booktitle = "Emissions trading",
publisher = "Springer New York LLC",
address = "United States",

}

RIS

TY - CHAP

T1 - Business and Emissions Trading from a Public Choice Perspective

T2 - Waiting for a New Paradigm to Emerge

AU - Tschochohei, Heinrich

AU - Zöckler, Jan

PY - 2008/1/1

Y1 - 2008/1/1

N2 - Emissions trading is the economist's preferred instrument for handling CO2 emissions. It is described as an efficient and effective instrument that motivates corporations to redesign their internal decision-making processes and innovation management. Referring to the European Emissions Trading Scheme (ETS) and, in particular, to its implementation in Germany as defined by the National Allocation Plan covering the period 2005-2007 (NAP I), we derive hypotheses about the interests of the actors deciding environmental policy against the background of Public Choice Theory. This helps us to understand why the practice in environmental policy differs significantly from theory. We argue that the German NAP I reflects a structural conservatism. Although comprehensive ET comes into force for the first time, we will still have to wait for a new paradigm to emerge in environmental policy.

AB - Emissions trading is the economist's preferred instrument for handling CO2 emissions. It is described as an efficient and effective instrument that motivates corporations to redesign their internal decision-making processes and innovation management. Referring to the European Emissions Trading Scheme (ETS) and, in particular, to its implementation in Germany as defined by the National Allocation Plan covering the period 2005-2007 (NAP I), we derive hypotheses about the interests of the actors deciding environmental policy against the background of Public Choice Theory. This helps us to understand why the practice in environmental policy differs significantly from theory. We argue that the German NAP I reflects a structural conservatism. Although comprehensive ET comes into force for the first time, we will still have to wait for a new paradigm to emerge in environmental policy.

KW - Sustainability sciences, Management & Economics

KW - German National Allocation Plan

KW - Public Choice Theory

UR - http://www.scopus.com/inward/record.url?scp=84861316615&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/e6d9895a-31b1-30cf-8a5a-b90cc65363e2/

U2 - 10.1007/978-0-387-73653-2_2

DO - 10.1007/978-0-387-73653-2_2

M3 - Chapter

SN - 978-0-387-73652-5

SP - 21

EP - 35

BT - Emissions trading

A2 - Antes, Ralf

A2 - Hansjürgens, Bernd

A2 - Letmathe, Peter

PB - Springer New York LLC

CY - New York, NY

ER -