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The cultures of markets: the political economy of climate governance /

This book explores the establishment of emissions trading as a form of environmental, market-based governance. It conceptualizes markets as institutions, and analyzes them as a system of climate governance. To this end, it argues that international efforts to promulgate markets run up against local...

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Bibliographic Details
Main Author: Knox-Hayes,Janelle
Format: Printed Book
Published: Oxford: Oxford University Press, 2016.
Edition:First edition.
Subjects:
Online Access:https://books.google.co.in/books?id=uzATDAAAQBAJ&pg=PA289&dq=isbn9780198718451&hl=en&sa=X&ved=0ahUKEwi-_pecldzYAhUCpZQKHU5UCfQQ6AEIKDAA#v=onepage&q=isbn9780198718451&f=false
Description
Summary:This book explores the establishment of emissions trading as a form of environmental, market-based governance. It conceptualizes markets as institutions, and analyzes them as a system of climate governance. To this end, it argues that international efforts to promulgate markets run up against local cultures of markets that shape economic practices and knowledge to different degrees. The book also examines the material implications of emissions markets on the environment and climatic systems. In sum, the study finds that cultures of markets present a substantial challenge to a universalist prescription for resolving climate change and highlights issues at the interface of political and economic governance in different political economies. This includes issues of citizen, state, and industry participation, and the materiality of economic and financial productivity.
Physical Description:xxiii, 319 pages : illustrations ;
Bibliography:Includes bibliographical references (pages 289-309) and index.
ISBN:9780198718451 (hbk.)