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Environmental Justice and Market Mechanisms:Key
Challenges for Environmental Laws and Policy (International
Environmental Law and Policy, 54)
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Environmental Justice and Market Mechanisms:Key
Challenges for Environmental Laws and Policy (International
Environmental Law and Policy, 54)
BOOK DETAIL
Series: International Environmental Law and Policy, 54 (Book 54) Hardcover: 320 pages Publisher:
Springer; 1 edition (August 18, 1999) Language: English ISBN-10: 9041197273 ISBN-13: 978-9041197276
Product Dimensions: 6.5 x 1 x 9.8 inches Shipping Weight: 1.6 pounds (View shipping rates and policies)
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Book Description
This book examines the obstacles to achieving environmental justice in the context of neo-liberal
economic systems founded upon deregulation, privatization and the use of market mechanisms as
a policy tool. The book explores definitions and policy dimensions of environmental justice and
market mechanisms. For some, environmental justice, social justice and ecological sustainability
represent the new yardstick against which all concepts of environmental law and policy are to be
measured. For others, the market economy, whether free or regulated, marks the starting-point for
any strategy of environmental protection. This book is the first to investigate the link between
these two approaches, measuring market-based tools of environmental law such as tradable
permits and ecotaxes against the requirements of environmental justice. Based on papers
delivered at a major international conference held in March 1998, at the University of Auckland,
New Zealand, the book outlines the global context of the tensions between environmental justice
and market-based instruments, focusing on the issue of international trade liberalization. It reports
on experiences in a range of countries and regions: the United States, the European Union,
Central and Eastern Europe, South Africa, Australia and New Zealand. Despite the variety of
approaches and experiences, all the countries have been trying to adjust their environmental
policies to the challenges of deregulation on the one hand and environmental justice on the other.
The book concludes with a call to transcend the dichotomy between regulation and the market,
and suggests it might be more realistic to perceive environmental policy as a `new deal', a
combined effort of the state and the market in which environmental justice provides the overall
normative framework.
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