Carbon Trading: Unethical, Unjust and Ineffective?

  title={Carbon Trading: Unethical, Unjust and Ineffective?},
  author={Simon Caney and Cameron Hepburn},
  journal={Royal Institute of Philosophy Supplement},
  pages={201 - 234}
  • S. Caney, C. Hepburn
  • Published 22 September 2011
  • Political Science
  • Royal Institute of Philosophy Supplement
Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan, New Zealand, among others, as well as China (soon) and Australia (potentially). However, concerns have been raised on a variety of ethical grounds about the use of markets to reduce emissions. For example, some people worry that emissions trading allows the wealthy to evade their responsibilities. Others are concerned that it puts a price on the natural environment. Concerns… 
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