In 2018, the International Maritime Organization (IMO) announced the first sector-wide emission reduction target for international shipping: to limit emissions by at least 50% by 2050 compared to 2008. The roadmap to achieve this goal is the Initial IMO Strategy on Reduction of GHG Emissions...

While there have been many legal studies of the European Union Emissions Trading Scheme, few have considered the effectiveness of the EU ETS as a matter of private law design. The authors propose to do so by tracing the history of the scheme, studying the English decision of Armstrong DLW GmbH v...