Richards, Kenneth R, and Robert N Stavins. “
The Cost of U.S. Forest-Based Carbon Sequestration.” Arlington, Virginia: Pew Center on Global Climate Change, 2005.
richards_stavins_final_pew_report.pdf Hay, Bruce L, Robert N Stavins, and Richard HK Vietor.
Environmental Protection and the Social Responsibility of Firms: Perspectives from Law, Economics, and Business. Washington, D.C. Resources for the Future, 2005.
AbstractEveryone agrees that firms should obey the law. But beyond what the law requires-beyond bare compliance with regulations-do firms have additional social responsibilities to commit resources voluntarily to environmental protection? How should we think about firms sacrificing profits in the social interest? Are they permitted to do so, given their fiduciary responsibilities to their shareholders? Even if permissible, is the practice sustainable, or will the competitive marketplace render such efforts and their impacts transient at best? Furthermore, is the practice, however well intended, an efficient use of social and economic resources? And, as an empirical matter, to what extent do firms already behave this way? Until now, public discussion has generated more heat than light on both the normative and positive questions surrounding corporate social responsibility (CSR) in the environmental realm. In Environmental Protection and the Social Responsibility of Firms, some of the nation s leading scholars in law, economics, and business examine commonly accepted assumptions at the heart of current debates on corporate social responsibility and provide a foundation for future research and policymaking.
Stavins, Robert N. “
Implications of the U.S. Experience with Market-Based Environment Strategies for Future Climate Policy.” In
Emissions Trading for Climate Policy: US and European Perspectives,
edited by Bernd Hansjürgens, 63–77. Cambridge; New York: Cambridge University Press, 2005.
AbstractReview: "The 1997 Kyoto Conference introduced emissions trading as a new policy instrument for climate protection. Bringing together scholars in the fields of economics, political science, and law, this book provides a description, analysis, and evaluation of different aspects of emissions trading as an instrument to control greenhouse gases. The authors analyse theoretical aspects of regulatory instruments for climate policy, provide an overview of US experience with market-based instruments, draw lessons from existing trading schemes for the control of greenhouse gases, and discuss options for emissions trading in climate policy. They also highlight the background of climate policy and instrument choice in the USA and Europe, and of the emerging new systems in Europe, particularly the new EU directive for a CO[subscript 2] emissions trading system."–Jacket.
europe_book_chapter.pdf