This paper shows that, when the price of emission allowances is sufficiently high, emission trading schemes improve the emission efficiency of highly polluting firms. The efficiency gain comes from a relative decrease in emissions rather than a relative increase in operating revenue. Part of the...

This is a book review of Ben Pontin, THE ENVIRONMENTAL CASE FOR BREXIT: A SOCIO-LEGAL PERSPECTIVE Oxford, Hart Publishing, 2019, 157 pp ISBN 978-150992-089-1. This review has been submitted to the Journal of Environmental Law

This work examines how eco-services are being implemented and how they could best be encouraged. The book provides an inventory and analysis of current eco-services in four countries (Germany, Austria, the Netherlands and Spain) and then explores the option open to market participants.