New Market Oriented Instruments For European Environmental Policies

This book presents an empirical study of the effects of environmental policies on China and its neighboring countries, with a focus on waste and climate policies in China. The two major carbon policies have to do with carbon markets and renewable energy. The authors first examine the effectiveness of the Asian carbon market. Because of the consumption of goods beyond provincial borders, nationwide carbon markets are rather difficult to operate; therefore, a desirable initial allocation in the carbon market is proposed in this book. As for renewable power, its sources have not been fully utilized owing to a regional mismatch of supply and demand, so optimal locations of renewable energy are shown.

Corporations are increasingly dedicated to implementing more robust climate change practices in an era characterized by natural resource constraints, socio-environmental challenges, and mounting climate change pressures. This book provides a timely exploration of theoretical and empirical perspectives on global climate governance and corporate eco-innovation activities. It illustrates how corporations are actively addressing climate change by enhancing their climate governance systems and integrating eco-innovation into their operations, significantly impacting financial decision-making, policies, performance, risk management, and other crucial indicators. In this context, eco-innovation represents a corporation's ability to reduce environmental costs and burdens for its customers. It plays a vital role in helping firms improve energy and environmental efficiency, mitigate energy consumption, reduce carbon emissions, and minimize ecological harm during and after production. Additionally, eco-innovation can create new market opportunities by enhancing existing environmental technologies. Furthermore, the shift from conventional corporate governance to a heightened focus on corporate climate governance mechanisms, such as the establishment of ecological committees, the implementation of cli-mate incentives for managers and executives, and the publication of sustainability or climate change reports, proves to be an effective strategy for motivating firms to become more dedicated to environmental protection and eco-innovation initiatives.

How can governments stimulate energy-efficiency improvement? This book analyzes environmental policy in the Netherlands to present a wealth of empirical results on the successes and failures of governmental initiatives in environmental policy.

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The book offers a window into the mechanisms that drive what happens when countries, with some of the poorest track records in environmental protection and low administrative capacity, join one of the most ambitious environmental regulatory regimes with some of the highest environmental protection standards in the world.