© 2006

Emissions Trading and Business

  • Ralf Antes
  • Bernd Hansjürgens
  • Peter Letmathe

Table of contents

  1. Front Matter
    Pages I-XIV
  2. Introduction

    1. Ralf Antes, Bernd Hansjürgens, Peter Letmathe
      Pages 1-7
  3. Institutional design, decision making and innovation

  4. Investment and management strategies under emissions trading

  5. Emissions trading and business administration

About this book


Emissions trading challenges the management of companies in an entirely new manner. It does not only allow for a bigger flexibility in management decisions concerning emission issues like other marked based environmental policy instruments. Furthermore it changes the code by which environmental policy steers management decisions from hierarchical to monetary information. But is this change transmitted and mirrored in management decisions, processes and structures? And, how do they change? When flexibility is given to the companies they have several opportunities to react. Moreover different institutional architectures of emissions trading schemes are possible and have been implemented, like in the US, the UK or the EU. The 24 contributions discuss theoretically and empirically in four parts the following subjects: 1. Institutional design, decision making and innovation, 2. Investment and management strategies, 3. ET and business administration, 4. Effects of ET schemes existing and being implemented.



Europe European Union (EU) business climate climate change emission entrepreneurship environment environmental management environmental policy innovation management production strategy sustainability

Editors and affiliations

  • Ralf Antes
    • 1
  • Bernd Hansjürgens
    • 2
  • Peter Letmathe
    • 3
  1. 1.Chair of Corporate Environmental ManagementUniversity of Halle-WittenbergHalleGermany
  2. 2.Department of EconomicsUFZ — Centre for Environmental ResearchLeipzigGermany
  3. 3.Chair of Value Chain ManagementUniversity of SiegenSiegenGermany

Bibliographic information


From the reviews:

"This book is an intellectual exchange between two disciplines, economics and business/management studies … . An interesting book for economists working with emissions trading schemes or for environmentalist which want to know more about the economical factors involved in emissions trading schemes." (European Circular, Issue 33, Winter 2008-2009)