On 23 October 2001 the European Commission adopted a proposal for a directive for trade in greenhouse gas emissions. Following the US experience of emissions trading systems, this marks the first large-scale attempt to deploy this instrument of environmental policy in Europe. The proposal places...

Governance has definitely become a very iridescent concept in recent years. The term is widely used, meanwhile, in almost all social-science disciplines as well as in the political process. The intention of this paper is not so much to clarify these sometimes vague meanings but to highlight some...