This study investigates the causal effect of the EU Emissions Trading System (EU ETS) on firms' holdings of fixed assets as an early indicator of industrial relocation, exploiting installation level inclusion criteria of the regulation. To single out companies with particularly low relocation...

chapter Introduction -- chapter 1 Introduction -- part Part I Between regulation and self-regulation -- chapter 2 From Rio to ‘Beyond Kyoto’: Synopsis of international climate policies -- chapter 3 Beyond regulation: Voluntary agreements and partnerships -- chapter 4 Carbon control:...

Climate change shatters the idea that jurisdictional borders and doctrinal debates about the scope of the ‘legal' are the sole tensions with which a concept of transnational law must contend. Climate change exposes a further fault line underlying legal thought and practice – the problematic,...

Although the Kyoto Protocol intended to implement emissions trading globally, this has so far been impossible. As a result, particularly Multinational Corporations (MNCs) currently face a wide variety of emissions trading schemes that differ in scope and enforcement, thus creating divergent...