Market-Based Responses to Climate Change: CO 2 Market Design versus Operation
研究了2009年1月至2010年5月欧洲排放交易体系中二氧化碳市场设计与实际运行之间的显著差异，发现设计受利益影响未能有效促使减排，质疑了依赖碳市场应对气候变化的普遍做法。
This study highlights significant discrepancies between CO 2 market design and the actual operation of CO 2 markets. Our findings are based upon an empirical investigation undertaken in the context of the European Emissions Trading Scheme between January 2009 and May 2010. CO 2 markets are examined from a practice-based perspective in which actors are engaged in exchange, representational and normalizing practices. Discrepancies between the actual and intended CO 2 market practices are explained using the concepts of framing, overflowing and regulatory capture. We argue that the design of the European Emissions Trading Scheme has been influenced in such a way that it does not actually challenge market participants to reduce their CO 2 emissions. In this way, the study challenges the near universal reliance upon CO 2 markets as the primary policy mechanism for mitigating climate change.