Abstract
The thesis looks at whether the development of carbon markets as a key policy instrument to address climate change can be explained by the participation of non-state private market actors in decision-making processes at the institutional level. It looks at the underlying interests and stakes that both states and private non-state market actors have had in carbon trading, the role that states and businesses play in these markets and the implications that the adoption of this instrument has had, in terms of controversies regarding accountability, transparency and justice issues. Through investigating the role of one major private carbon market actor, BP, in policymaking processes, this study provides an example of how corporate interests influenced policy at the institutional level. The main hypothesis is that private non-state market actors influenced state policy in terms of adopting carbon markets designed to benefit and to prevent harm to corporate interests. This is done through mechanisms in which states acted to provide the conditions for effective market conduct, leaving it to market actors to implement the expected results according to their own standards with minimum state control. Market actors, on the other hand, expected states to provide a strong legal framework as well as the political legitimation necessary for market processes by which they could make profits and establish mechanisms for environmental self-regulation. The research uses elements from critical theory and eco-Marxist perspectives to shed light on the neoliberal framework in which these processes have taken place.
Department
Political Science Department
Degree Name
MA in Political Science
Graduation Date
2-1-2015
Submission Date
February 2016
First Advisor
Pinfari, Marco
Committee Member 1
Badawi, Nesrine
Committee Member 2
Natarajan, Usha
Extent
74 p.
Document Type
Master's Thesis
Rights
The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy.
Institutional Review Board (IRB) Approval
Not necessary for this item
Recommended Citation
APA Citation
Shash, N.
(2015).Carbon markets as regulation strategy: States, non-state market actors and public-private climate governance [Master's Thesis, the American University in Cairo]. AUC Knowledge Fountain.
https://fount.aucegypt.edu/etds/232
MLA Citation
Shash, Nouran. Carbon markets as regulation strategy: States, non-state market actors and public-private climate governance. 2015. American University in Cairo, Master's Thesis. AUC Knowledge Fountain.
https://fount.aucegypt.edu/etds/232