IDEAS home Printed from https://ideas.repec.org/a/taf/cnpexx/v20y2015i5p702-724.html
   My bibliography  Save this article

Is the EU ETS a Just Climate Policy?

Author

Listed:
  • Jo Dirix
  • Wouter Peeters
  • Sigrid Sterckx

Abstract

The European Union Emissions Trading System (EU ETS) is in dire straits. Prone to design problems and suffering from the effects of the economic crises the scheme is criticised for its poor achievements. In this paper we will analyse some of the features of this situation from an ethical perspective. The major part is dedicated to the complications within each phase of the EU ETS and to the recent developments it has undergone. We will briefly discuss the remedies suggested by prominent commentators. Furthermore, any policy tool to tackle climate change should be evaluated in view of the profound equity issues that are inherent to the climate problem. We will evaluate the EU ETS according to two justice-based criteria, related to effectiveness and the distribution of the duties involved in climate change, respectively. We will conclude that the EU ETS, in its current form, clearly lacks fairness on both criteria. However, the biggest problem is the unwillingness of EU leaders to mend, what could be, a commendable climate policy tool. To that extent, we argue, those leaders are acting unjustly.

Suggested Citation

  • Jo Dirix & Wouter Peeters & Sigrid Sterckx, 2015. "Is the EU ETS a Just Climate Policy?," New Political Economy, Taylor & Francis Journals, vol. 20(5), pages 702-724, October.
    • Handle: RePEc:taf:cnpexx:v:20:y:2015:i:5:p:702-724
    DOI: 10.1080/13563467.2014.999758
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13563467.2014.999758
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13563467.2014.999758?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Idiano D’Adamo, 2018. "The Profitability of Residential Photovoltaic Systems. A New Scheme of Subsidies Based on the Price of CO 2 in a Developed PV Market," Social Sciences, MDPI, vol. 7(9), pages 1-21, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:cnpexx:v:20:y:2015:i:5:p:702-724. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/cnpe20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.