Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Climate Change Remedies

  • Donatella PorriniEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_616


The law and economics analysis of the climate change remedies has been focused on the question of which would be the policy instrument most suited to provide incentives to reduce greenhouse gas emissions. The literature focuses mainly on the comparison of carbon taxes and emission trading scheme. But a relevant role can be played by financial and insurance instruments, especially considering the adaptation and mitigation strategies. Finally, another instrument is considered, largely used to internalize other environmental externalities but still not so much analysed for climate change, the liability system.

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© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Department of Management, Economics, Mathematics and StatisticsUniversity of SalentoLecceItaly