- Market-driven regulation: Are carbon pricing and disclosure of climate-related financial risk the solution?
- As you answer this question, you should:
- Contextualize this approach within the broader policy-making process.
- Identify the interests that are for and against this approach, and why they support or oppose it.
- Identify and explain the central idea(s) this approach advances as important to understanding the policy process and the energy transition.
- Identify the institutions best serve this combination of interests and ideas.
- Provide real-world examples illustrating how these interests, ideas and institutions play out in policy and political debates.
2 attachmentsSlide 1 of 2
UNFORMATTED ATTACHMENT PREVIEW
Market-driven regulation: Are carbon pricing and disclosure of climaterelated financial risk the solution? ENV 350 OCTOBER 25, 2021 Three ways to think about carbon pricing 1. As part of a set of ideas about how to organize society based around markets: neo-liberalism. 2. An institution that corrects for market failure. 3. As a political conflict over interests. Neo-liberalism Neo (new) liberalism: the rediscovery of classical liberal ideas about “free” markets and the ‘invisible hand” ◦ 1776: Adam Smith’s Wealth of Nations – freedom from rentiers (landlords / monopolists) ◦ 1980s: Milton Friedman – freedom from government (lower taxes / less regulations) ◦ Reality: less regulation of corporations / wealthy, more regulation/disciplining of poor (austerity) Neoliberalism in practice: Pinochet (Chile) -> Thatcher (UK) -> Reagan (US) ->
Do you have a similar assignment and would want someone to complete it for you? Click on the ORDER NOW option to get instant services at essayloop.com. We assure you of a well written and plagiarism free papers delivered within your specified deadline.