Path-Dependence, Coalitions and Interlinked Networks: Legislating Carbon Markets in the Face of Financial Crisis.
This article explores the development of carbon emissions markets through analysis policy formation in the United States. Whether the markets can be developed and operate quickly enough to have an impact in mitigating greenhouse gas production will be determined in large part by how well-designed and stringent the emissions markets are. In addition to the political challenges, the carbon emissions markets now must be developed in the face of financial crisis. The conditions surrounding the de...Expand abstract
- WPG 09-03
- Working Papers in Employment, Work and Finance
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