This book provides a comparative analysis of environmental regulation in multi-jurisdictional legal and political systems, focusing on the United States, the European Union, and the international community. Each of these systems must deal with environmental interdependencies that cross local borders, in some cases creating regional problems, such as acid deposition, ozone type smog, and pollution of shared water bodies. Some transjurisdictional environmental problems are global, including stratospheric ozone depletion, climate change, and the loss of biodiversity. Other environmental problems, however, are localized in their effect on health and the environment.
List of contributors; Introduction: environmental regulation in multi-jurisdictional regimes Richard B. Stewart; Part I. Environmental Regulation in Federal Systems: 1. Federalism and environmental regulation: an overview Richard L. Revesz; 2. Economic criteria for applying the subsidiarity principle in European environmental law Roger van den Bergh; 3. The political economy of pollution control in a federal system John Ferejohn; Part II. Environmental Regulation and International Trade: 4. Environmental protection and the global trade order Frieder Roessler; 5. International trade law and international environmental law: environmental taxes and border tax adjustment in WTO law and EC law Ernst-Ulrich Petersmann; 6. 'Environmental protection and the global trade order': a different perspective Scott Barrett; Part III. Choice of Environmental Policy Instruments: 7. Economic incentives for environmental protection: opportunities and obstacles Richard B. Stewart; 8. Market-based incentives for environmental protection Eckard Rehbinder; 9. Equity and efficiency in global emissions markets Graciela Chichilnisky; Part IV. The Environmental Standard-Setting Process: 10. Institutions for regulating risk Stephen Breyer and Veerle Heyvaert; 11. Science and international environmental policy: the Intergovernmental Panel on Climate Change John Houghton; Part V. International Environmental Law and Sustainable Development: 12. Environmental protection in the twenty-first century: sustainable development and international law Philippe Sands; 13. Markets and sustainability Geoffrey Heal; Index.