This Article explores constitutional limits and regulatory openings for innovative state policies to mitigate climate change by promoting climate-friendly, renewable energy. In the absence of a comprehensive federal policy approach to climate change and clean energy, more and more states are...

Der Bericht untersucht die Kompatibilität eines Emmissionshandels mit ordnungsrechtlichen und ökonomischen Instrumenten des Klimaschutzes. Es wird auch der Richtlinien-Vorschlag der Europäischen Kommission über ein System für den Handel mit Treibhausgasemissionsberechtigungen in der...

At first sight the potential discrepancy between competitive behavior of market participants, trade rules and the basic notion of sustainable development may seem to be of a negligible importance. However, during the interactions of market processes with sustainability goals through various...

Across the globe, renewable energy policy is changing. The change is coming so quickly that it appears the world is now on the cusp of a new future. The renewable energy policy of the past is on its way out; a new and different policy is taking its place. That new policy has different end goals,...

Planet earth is host to a dazzling variety of living organisms. This diversity of life, or – biodiversity, is vital to the survival and prosperity of humanity, supplying such vital amenities as food, clothing, shelter, natural biochemicals useful in medicine, industry, and agriculture, and...

Hydraulic fracturing has been the subject of much debate recently, both in the United States and increasingly in Europe. Advances in hydraulic fracturing technology have led to a shale gas boom in the United States, significantly lowering natural gas prices, and causing some foreign businesses...

Energy use is intertwined with environmental harms, climate, and economic development. However, the United States has failed to balance these interests together to make effective policy that can address each of these issues. The need for such integrative policy has become more and more obvious...

When Congress faces a controversial choice about pollution, it generally follows a two-step plan: announce some lofty goal but not explain how the goal is to be achieved, then outsource the rulemaking to the EPA or some other federal agency so that the legislators can claim credit for protecting...

This paper analyzes polluters' incentives to move from a traditional command and control (CAC) environmental regulatory regime to a tradable permits (TPP) regime. Existing work in environmental economics does not model how firms contest and bargain over actual regulatory implementation in CAC...

The United States is commonly characterized as a nation with a deep distrust of big government and a strong commitment to markets and competition. In contrast, the prevailing image of the European Union is that of a highly bureaucratized polity favoring interventionist economic governance over...