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Economic Thought and Climate Disruption: Neoclassical and Economic Dynamic Approaches in the USA and the EU

Driesen, David and Bogojevic, Sanja LU orcid (2013) In Journal of Environmental Law 25(3). p.463-483
Abstract
In this article we consider the economic ideas that have influenced climate disruption law both in the USA and the EU. Although economic thought has led to the adoption of ‘market-based’ mechanisms in both places, its impact has been different: it created regulatory inertia in the USA, and green leadership in the EU—at least with respect to responding to climate disruption. We argue that different culture-specific economic conceptions about appropriate policy and policy analysis may help explain this divergence, thereby illustrating both various economic ideas and their distinct impact on climate law, as well as the need for environmental lawyers to engage with a discipline outside their own.
Please use this url to cite or link to this publication:
author
and
publishing date
type
Contribution to journal
publication status
published
subject
keywords
EU-Law, Environmental Law
in
Journal of Environmental Law
volume
25
issue
3
pages
463 - 483
publisher
Oxford University Press
external identifiers
  • wos:000326966600007
  • scopus:84887519462
ISSN
1464-374X
DOI
10.1093/jel/eqt017
language
English
LU publication?
no
id
755c3e57-e563-4f25-bb28-e56bd23f62da (old id 3768321)
date added to LUP
2016-04-01 10:00:05
date last changed
2023-03-17 07:44:30
@article{755c3e57-e563-4f25-bb28-e56bd23f62da,
  abstract     = {{In this article we consider the economic ideas that have influenced climate disruption law both in the USA and the EU. Although economic thought has led to the adoption of ‘market-based’ mechanisms in both places, its impact has been different: it created regulatory inertia in the USA, and green leadership in the EU—at least with respect to responding to climate disruption. We argue that different culture-specific economic conceptions about appropriate policy and policy analysis may help explain this divergence, thereby illustrating both various economic ideas and their distinct impact on climate law, as well as the need for environmental lawyers to engage with a discipline outside their own.}},
  author       = {{Driesen, David and Bogojevic, Sanja}},
  issn         = {{1464-374X}},
  keywords     = {{EU-Law; Environmental Law}},
  language     = {{eng}},
  number       = {{3}},
  pages        = {{463--483}},
  publisher    = {{Oxford University Press}},
  series       = {{Journal of Environmental Law}},
  title        = {{Economic Thought and Climate Disruption: Neoclassical and Economic Dynamic Approaches in the USA and the EU}},
  url          = {{http://dx.doi.org/10.1093/jel/eqt017}},
  doi          = {{10.1093/jel/eqt017}},
  volume       = {{25}},
  year         = {{2013}},
}