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ON THE LIMITS OF ENVIRONMENTAL MARKETS – WHY WE HAVE TO TALK NOT ONLY ABOUT ECONOMICS BUT ALSO ABOUT POLITICS

机译:关于环境市场的极限 - 为什么我们不仅要谈论经济学,还要谈论政治

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Environmental economists have argued for a long time that market-based solutions like certificate trading or a Pigou tax are first best instruments to adress environmental policy issues like Global Warming. This is the normative perspective – what ought to be. In a descriptive perspective, the findings are quite different: At a global scale as at the level of single countries like the U.S. and Germany the first-best solutions have not been put into practice. Even it seems that the confindence in market-based approaches is dwindling at many levels – this becomes most evident when comparing the Kyoto protocol of 1997 to the Paris agreement of 2016. The present contribution explores fundamental reasons behind this setback and implications for energy and environmental economics research.
机译:环境经济学家已经争论了很长一段时间,即证书交易等市场的解决方案是第一个适用于全球变暖等环境政策问题的最佳工具。这是规范性的角度 - 应该是什么。在描述性的角度来看,调查结果完全不同:在全球范围内,如美国和德国这样的单一国家的水平,最好的解决方案并未付诸实践。即使看起来,基于市场的方法似乎在许多层面都被削弱了 - 在将1997年的京都议定书与2016年巴黎协议进行比较时,这变得最明显。目前的贡献探讨了这一挫折背后的根本原因和对能源和环境的影响。经济学研究。

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