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Regional Action and Carbon Trading in the East Asia Pacific


Nakamura, A and Crowley, K, Regional Action and Carbon Trading in the East Asia Pacific, Sustainable Regional Development: Theoretical and Practical Issues, Social Sciences Publishing House, HV Hanh and PTS Thuong (ed), Ha Noi, pp. 519-550. ISBN 978-604-308-267-8 (2020) [Research Book Chapter]

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In this chapter we explore the potential for coordinated climate policy action in the East Asia Pacific, in terms of carbon trading, in the absence of a unifying EU style institutional architecture. We consider whether there is any role for such action that is beyond the domestic and regional efforts of individual countries, and what it might entail. We look for lessons from regional carbon trading systems that have been implemented elsewhere, and at the potential connectivity of these. We then review the carbon-trading efforts of countries in the East Asia Pacific and the potential for a regionally specific, yet distinctive carbon-trading scheme in the East Asia Pacific. Such an arrangement would need to reflect regional governance complexities and the values of the "Asian Way" in contrast to the EUís and North American schemes and may rely upon connectivity between polycentric action on a sub-regional and regional basis.

Item Details

Item Type:Research Book Chapter
Keywords:carbon trading, carbon price, East Asia, climate policy
Research Division:Law and Legal Studies
Research Group:Environmental and resources law
Research Field:Climate change law
Objective Division:Environmental Policy, Climate Change and Natural Hazards
Objective Group:Mitigation of climate change
Objective Field:Climate change mitigation strategies
UTAS Author:Nakamura, A (Dr Akihiro Nakamura)
UTAS Author:Crowley, K (Associate Professor Kate Crowley)
ID Code:142873
Year Published:2020
Deposited By:Office of the School of Social Sciences
Deposited On:2021-02-12
Last Modified:2021-11-05

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