Abstract
This paper explores the politics of environmental carbon reduction as it proves how market based instruments are hampered by political considerations, particularly in the case of reducing greenhouse gas emission. Environmental problems pressure national and global organizations, especially of climate change, Greenhouse gas emission is taken as a major solution to this problem. As the main argument, this essay proposes that market based instruments are very attractive as a solution to the environmental problems in carbon production but only in theory. In actual applications, they are usually hindered by political concerns. Politics is the baseline framework in environmental policy making and ...
