Penn Wharton Public Policy Initiative

Publication Date

10-2015

Files

Download

Download Full Text (3.3 MB)

Volume

3

Number

8

Document Type

Brief

Summary

This Brief focuses on ways in which private firms are adopting tools that mirror public law instruments—such as internal carbon fees (similar to a public carbon tax) and private cap-and-trade schemes (like public emissions trading schemes)—to reduce greenhouse gas emissions and address climate change. These private case studies suggest that significant progress in reducing emissions can come from embedding emissions reduction programs into core business strategy. Moreover, these case studies indicate that climate change, as a global issue, requires public regulators to recognize the potential contributions of global multinational firms.

License

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Keywords

EPA, Clean Power Plan, emissions, greenhouse gas, carbon, cap-and-trade, climate change

Not the Only Game in Town: The Complementary Roles of Public & Private Environmental Governance

Share

COinS