From Top-Down to Bottom-Up Climate Policy: New Challenges in Carbon Market Design

Authors

Jonas Monast

Library of Congress Authority File

http://id.loc.gov/authorities/names/no2012015022.html

http://id.loc.gov/authorities/names/n79122466.html

Abstract

This Article explores the shift from top-down to bottom-up approaches to carbon market design, focusing on three strategies that have emerged since 2009: the California Cap-and-Trade Program, the Clean Power Plan, and the UNFCCC process. The Article then examines the prospects for broad multilateral markets to emerge under a bottom-up approach and identifies three pathways to streamline market design choices: a coordinated approach; a dominant actor approach; and a common elements approach.

Recommended Citation

Jonas Monast, From Top-Down to Bottom-Up Climate Policy: New Challenges in Carbon Market Design, 8 San Diego J. Climate & Energy L. 175 (2017)
Available at: https://digital.sandiego.edu/jcel/vol8/iss1/5