Jump to ContentJump to Main Navigation
The Design and Implementation of US Climate Policy$
Users without a subscription are not able to see the full content.

Don Fullerton and Catherine Wolfram

Print publication date: 2012

Print ISBN-13: 9780226269146

Published to Chicago Scholarship Online: September 2013

DOI: 10.7208/chicago/9780226921983.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 07 June 2020

Belts and Suspenders

Belts and Suspenders

Interactions among Climate Policy Regulations

Chapter:
(p.127) 8 Belts and Suspenders
Source:
The Design and Implementation of US Climate Policy
Author(s):

Arik Levinson

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226921983.003.0009

This chapter examines the interactions among different climate policy regulations. It focuses on the interactions between tradable greenhouse gas emissions permit systems (cap and trade) and the more traditional regulatory standards. The combination of tradable permit schemes with traditional standards has been called the belts-and-suspenders approach. The chapter also explains two rationales used to justify this approach for local air pollutants: other market failures and administrative complexity.

Keywords:   climate policy, greenhouse gas emissions, cap and trade, traditional regulatory standards, tradable permit schemes, market failure, administrative complexity

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.