Venice Summer Institute 2013: Political Economy and Instruments of Environmental Politics

In recent years the use of market-based instruments in environmental policy has steadily increased; most notably the EU-ETS brought a major shift in the way environmental policy is implemented and perceived. Still, the efficiency of the instruments in use is questionable, as their design seems to be strongly influenced by the economic agents’ different interests.
Furthermore, turbulent times on the international markets do not simplify stringent national as well as international environmental policy strategies.