List of figures; List of tables; List of contributors; Preface; List of abbreviations; 1. Introduction Bernd Hansjürgens; Part I. Regulatory Instruments for Climate Policy: Theoretical Aspects: 2. Designing instruments for climate policy Thomas Sterner and Henrik Hammar; 3. Technical innovation and design choices for emissions trading and other climate policies Carolyn Fischer; 4. Incentives to adopt new abatement technology and US-European regulatory cultures Reimund Schwarze; Part II. The US Approach to Pollution Control: Lessons for Climate Policy: 5. Implications of the American experience with market-based environmental strategies for future climate policy Robert N. Stavins; 6. US experience with emissions trading: lessons for CO2 emissions trading A. Denny Ellerman; 7. Climate change policy viewed from the USA and the role of intensity targets Charles D. Kolstad; 8. Design issues of a domestic carbon emissions trading system in the USA Richard D. Morgenstern; Part III. European Policies to Control Greenhouse Gases: the EU Directorate on Emissions Trading: 9. Regulation or coordination: European climate policy between Scylla and Charybdis Mikael Skou Andersen; 10. Lobbyism and CO2 trade in the EU Gert Tinggaard Svendsen; 11. Greenhouse gas emissions trading in the EU: building the world's largest cap-and-trade scheme Peter Zapfel; 12. Legal aspects of the European Emissions Trading Scheme Michael Rodi; 13. Emission trading schemes in Europe: linking the EU Emissions Trading Scheme with national programs Sven Bode; 14. Concluding observations Bernd Hansjürgens; Index.

Review of the hardback: 'Readers who wish to become current on emissions trading, but are overwhelmed by the exploding literature, can find a solution in this book. Bringing together leading experts from both sides of the Atlantic, this insightful book summarizes what theory, empirical research and practical experience has taught us about this increasingly popular environmental policy.' Tom Tietenberg, Mitchell Family Professor of Economics, Colby College