This book explores topics in contemporary debates over environmental quality, economic growth and sustainable development.

List of contributors; Introduction: environmental regulation in multi-jurisdictional regimes Richard B. Stewart; Part I. Environmental Regulation in Federal Systems: 1. Federalism and environmental regulation: an overview Richard L. Revesz; 2. Economic criteria for applying the subsidiarity principle in European environmental law Roger van den Bergh; 3. The political economy of pollution control in a federal system John Ferejohn; Part II. Environmental Regulation and International Trade: 4. Environmental protection and the global trade order Frieder Roessler; 5. International trade law and international environmental law: environmental taxes and border tax adjustment in WTO law and EC law Ernst-Ulrich Petersmann; 6. 'Environmental protection and the global trade order': a different perspective Scott Barrett; Part III. Choice of Environmental Policy Instruments: 7. Economic incentives for environmental protection: opportunities and obstacles Richard B. Stewart; 8. Market-based incentives for environmental protection Eckard Rehbinder; 9. Equity and efficiency in global emissions markets Graciela Chichilnisky; Part IV. The Environmental Standard-Setting Process: 10. Institutions for regulating risk Stephen Breyer and Veerle Heyvaert; 11. Science and international environmental policy: the Intergovernmental Panel on Climate Change John Houghton; Part V. International Environmental Law and Sustainable Development: 12. Environmental protection in the twenty-first century: sustainable development and international law Philippe Sands; 13. Markets and sustainability Geoffrey Heal; Index.