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Apples for Oranges

dc.contributor.authorRuhl, J.B.
dc.contributor.authorSalzman, James
dc.identifier.citation31 ELR 11438en_US
dc.descriptionarticle published in an environmental law reporteren_US
dc.description.abstractOver the last decade, there has been a sea change in environmental law and policy, marked by growing interest in market-based instruments of environmental protection. In particular, approaches that explicitly commodify environmental impacts by creating markets for their sale are on the rise. These environmental trading markets (ETMs) now operate in a range of regulatory settings where parties exchange credits to emit air pollutants, extract natural resources, and develop habitat. In fact, every major environmental policy review in the last five years has called for even greater use of ETMs. Markets for environmental commodities represent the new wave of environmental protection and, despite critiques both subtle and shrill, they are still building.en_US
dc.format.extent1 PDF (38 pages)en_US
dc.publisherEnvironmental Law Reporteren_US
dc.subjectenvironmental trading marketsen_US
dc.subjectclimate changeen_US
dc.subject.lcshEnvironmental lawen_US
dc.titleApples for Orangesen_US
dc.title.alternativeThe Role of Currencies in Environmental Trading Marketsen_US

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