Part I Critical review of the orthodox economy -- 1 paradigms -- 2 the commodification of nature and its consequences -- 3 Foundations and instruments of environmental economics -- 4 Free market and sustainability -- 5 Sustainable development in the Brundtland report and its distortion -- Part...

Emissions trading challenges the management of companies in an entirely new manner: Not only does it, like other market-based environmental policy instruments, allow for a bigger flexibility in management decisions concerning emission issues. More importantly, it shifts the mode of governance of...