Corporate Responses To Eu Emissions Trading Resistance Innovation Or Responsibility 1st Edition Jon Birger Skjrseth Per Ove Eikeland Professor John J Kirton Professor Miranda A Schreurs Mr Konrad Von Moltke by Jon Birger Skjærseth; Per Ove Eikeland; Professor John J. Kirton; Professor Miranda A Schreurs; Mr Konrad Von Moltke 9781409460794, 1409460797 instant download after payment.

The European Union (EU) aims to put Europe on track toward a low-carbon economy. In this striking challenge, the EU Emissions Trading System (EU ETS) has been singled out as the Union's key climate policy instrument, ultimately aimed as a model for a global carbon market. The learning effect of the EU ETS could thus be tremendous. This study explores how the EU ETS actually works on the ground, affecting corporate climate strategies. It covers general sector responses as well as systematic comparative studies of companies across the sectors. The latter enables improved understanding of causal effects and the role of interaction between different policy instruments and other factors that impact corporate climate strategies. The study explores a broad set of mechanisms at play potentially linking the EU ETS to company climate strategies. These include how corporate norms of responsibility are affected by the EU ETS and how economic incentives provide opportunities for innovation. The book's main contribution lies in its systematic examination of corporate responses to the EU ETS from a broad empirical and analytical social science perspective covering companies in all main EU ETS sectors: electric power, oil, cement, steel and pulp and paper.