Political economy and instruments of environmental politics / edited by Friedrich Schneider, Andrea Kollmann, and Johannes Reichl.

Includes bibliographical references and index.

Print version record.

Economists have long argued that market-based instruments such as, environmental taxes, and emission trading systems, are the superior way to offset the negative externalities of any kind of economic activities. Yet, whether the effects of using these instruments are sufficient, whether they are actually used efficiently, and especially which factors influence their effectiveness is subject to a lively debate. It is the ultimate task of research to identify existing barriers among economic agents so as to gain valuable insight into how to overcome them. There still is much work to be done when it comes to evaluating the effectiveness of policy instruments with regard to the achievement of environmental targets. This work examines this topic.

Series Foreword -- 1 Introduction -- I Motivation -- 2 From Theory to Practice -- 3 The Political Economy of Climate Instruments -- II Empirical Aspects -- 4 How Trust in Governments Influences the Acceptance of Environmental Taxes -- 5 Political Determinants of Fossil Fuel Pricing -- 6 The Evolution of Renewable Energy Policy in OECD Countries -- 7 Green Parties, Environmental Taxation, and International Trade -- III Theoretical Aspects -- 8 Policy Distortions due to Heterogeneous Beliefs -- 9 The Impact of Domestic Policy Constraints on International Environmental Agreements -- 10 The Clean Development Mechanism, Stochastic Permit Prices, and Energy Investments -- 11 Not In My Backyard Activism and Information -- 12 Time-Consistent Climate Policies -- Contributors -- Index.

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