Reclaiming the Atmospheric Commons: The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading

Awards:   Winner of <PrizeName>Winner, 2017 Lynton Keith Caldwell Prize, sponsored by the American Political Science Association.</PrizeName> 2017 Winner of Winner, 2017 Lynton Keith Caldwell Prize, sponsored by the American Political Science Association. 2017 Winner of Winner, 2017 Lynton Keith Caldwell Prize, sponsored by the American Political Science Association.</PrizeName> 2017
Author:   Leigh Raymond (Purdue University)
Publisher:   MIT Press Ltd
ISBN:  

9780262529303


Pages:   256
Publication Date:   16 September 2016
Recommended Age:   From 18
Format:   Paperback
Availability:   To order   Availability explained
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Reclaiming the Atmospheric Commons: The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading


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Awards

  • Winner of <PrizeName>Winner, 2017 Lynton Keith Caldwell Prize, sponsored by the American Political Science Association.</PrizeName> 2017
  • Winner of Winner, 2017 Lynton Keith Caldwell Prize, sponsored by the American Political Science Association. 2017
  • Winner of Winner, 2017 Lynton Keith Caldwell Prize, sponsored by the American Political Science Association.</PrizeName> 2017

Overview

How the Regional Greenhouse Gas Initiative created a new paradigm in climate policy by requiring polluters to pay for their emissions for the first time.In 2008, a group of states in the northeast United States launched an emissions trading program, the Regional Greenhouse Gas Initiative (RGGI). With RGGI, these states-Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont-achieved what had been considered politically impossible- they forced polluters to pay the public for their emissions. The states accomplished this by conducting auctions of emissions ""allowances""; by 2014, they had raised more than $2.2 billion in revenues. In this first in-depth examination of RGGI, Leigh Raymond describes this revolutionary and influential policy model and explains the practical and theoretical implications for climate policy. Other cap-and-trade schemes had been criticized for providing private profits rather than public benefits, allowing private firms to make money by buying and selling valuable ""rights to pollute."" RGGI, by contrast, directed virtually all emissions auction revenues to programs benefiting the public at large. By reframing the issue in terms of public benefits, environmental advocates emphasized the public ownership of the atmospheric commons and private corporations' responsibility to pay for their use of it. Raymond argues that this kind of ""normative reframing"" is significant not only for environmental policy making but also for theories of the policy process, helping to explain and predict sudden policy change.

Full Product Details

Author:   Leigh Raymond (Purdue University)
Publisher:   MIT Press Ltd
Imprint:   MIT Press
Dimensions:   Width: 15.20cm , Height: 1.10cm , Length: 22.90cm
Weight:   0.318kg
ISBN:  

9780262529303


ISBN 10:   0262529300
Pages:   256
Publication Date:   16 September 2016
Recommended Age:   From 18
Audience:   Professional and scholarly ,  Professional and scholarly ,  Professional & Vocational ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

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Raymond's Reclaiming the Atmospheric Commons is a theoretically innovative and data rich book...a strong contribution to the general policy literature. * CHOICE connect *


Raymond's Reclaiming the Atmospheric Commons is a theoretically innovative and data rich book...a strong contribution to the general policy literature. —CHOICE connect


Raymond's Reclaiming the Atmospheric Commons is a theoretically innovative and data rich book...a strong contribution to the general policy literature. -CHOICE connect Raymond's Reclaiming the Atmospheric Commons is a theoretically innovative and data rich book...a strong contribution to the general policy literature. -CHOICE connect * Reviews *


Raymond's Reclaiming the Atmospheric Commons is a theoretically innovative and data rich book...a strong contribution to the general policy literature. CHOICE connect


Author Information

Leigh Raymond is Professor of Political Science at Purdue University, the coauthor of Buying Nature- The Limits of Land Acquisition as a Conservation Strategy, 1780-2004 (MIT Press) and the author of Private Rights in Public Resources- Equity and Property Allocation in Market-Based Environmental Policy.

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