Energy and environmental law & policy series ; volume 26.
Formatted Contents Note
Introduction The origins and workings of the EU ETS, and the importance of the analytical construction of emissions entitlements Commercial contracts in the EU emissions market: addressing risks and achieving environmental goals The constitutive elements of property and their application to emissions entitlements The constitutive elements of property: a comparison between intellectual property rights, milk quotas, spectrum licences and emissions entitlements Conclusion: the rise of instrumental property.
"This book examines the nature of the legal interests in emissions allowances (called emissions entitlements), focusing on the 'property' nature of the tradable instruments created by the European Union Emissions Trading System (EU ETS) with the goals of achieving cost-effective emissions reductions to levels scientifically required to tackle climate change and supporting the Union-wide transition to a low-carbon economy. The author presents a rigorous analytical framework, and introduces a new category of instrumental property which encompasses entitlements created to achieve regulatory goals." -- Back cover.
Originally presented as the author's thesis (Ph. D.)--London School of Economics and Political Science, University of London, 2013, under the title: Instrumentalising property.
Bibliography, etc. Note
Includes bibliographical references (pages 167-181) and index.
KJE6249 .M36 2014
9041154205 (acid-free paper) 9789041154200 (acid-free paper)