Reclaiming the Atmospheric Commons
eBook - ePub

Reclaiming the Atmospheric Commons

The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Reclaiming the Atmospheric Commons

The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading

About this book

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.

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Table of contents

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Yes, you can access Reclaiming the Atmospheric Commons by Leigh Raymond, David M. Konisky,Kate O'Neill,Megan Mullin in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & Environment & Energy Policy. We have over 1.5 million books available in our catalogue for you to explore.