Environmental Policy: An Economic Perspective - An edited collection to be published by Wiley Blackwell


Call for Contributions:

Environmental Policy: An Economic Perspective

An edited collection to be published by Wiley Blackwell

Co-edited by:
Thomas Walker, PhD
Northrop Sprung-Much, MBA
Sherif Goubran, MASc

The John Molson School of Business at Concordia University kindly invites contributions to the forthcoming edited book ‘Environmental Policy: An Economic Perspective’ to be published by Wiley Blackwell. Below you will find more information regarding the proposed book, the editors, and the submission procedures.


Environmental legislation has a profound effect on the lives of consumers around the world. Changes in environmental policy in America can save lives, create jobs, and protect natural habitat as far away as China. There is a growing understanding of the momentous significance environmental policy will play upon the future of the planet. As an increasing number of industries are impacted by environmental policy, research on the economic effects of different policies will increase in importance and volume. This text will examine the different areas of environmental legislation, as well as a number of key elements in regulation and taxation.

The book will begin by defining environmental legislation by providing its purpose and an overview of its boundaries, strengths, and weaknesses. The next section will examine areas of innovation in environmental policy, as well as the underlying basis for firm interest.
Next, the text will examine water-related legislation as a whole, with an emphasis on the definition of water as a public good. In the coming years, policymakers in a number of countries will face difficult decisions regarding the protection of water, its overuse by corporations, and the increased demand resulting from rapid population growth. The text will then examine legislation regarding air quality. In a number of cities, air quality has decreased so much that, in addition to damaging the health of consumers, firms are experiencing losses in revenue and fundamental damage to their business models.

The book will examine climate change legislation, emphasizing carbon trading schemes and their impact on the operations of energy companies. As cap-and-trade systems continue to develop worldwide, energy companies are faced with a growing carbon risk that forces them to better understand their specific regulatory situation and the costs that will be imposed upon them by new cap-and-trade markets. As these emissions trading schemes vary in scope, intensity, and complexity, the text will examine in-depth the economic effects of various elements of a cap-and-trade system.

After examining the preceding areas of interest, the book will present recent research on the financial and environmental effects of price regulation and enforcement strategy. These issues apply to a wide number of industries, and the current body of research includes a number of recent advances. Designing an optimal enforcement policy to encourage emissions abatement is crucial to the success of a cap-and-trade system, while complex enforcement strategies can become burdensome and detrimental to economic growth. In addition, proper regulation of prices can become overly complex and even detrimental to reducing environmental externalities. The text will examine an underlying theme of much of the recent research, wherein modern environmental policy is a battle between complexity creep, environmental protection, and consumer well-being.

The final section of the text will examine the status of international environmental regulation. There are a large number of proponents of an increased role of international agencies in standardizing and regulating economic policy. Nations have numerous objections to increased regulation based on how disadvantaged their home firms would be. This last section provides an important glance at the future of environmental legislation, as international cooperation continues to grow in importance.

We invite critical contributions from leading academic experts, policymakers, and practitioners in related fields to provide insightful and practical analyses of the role of the financial system within the larger socio-ecological system. We encourage contributions that reflect cutting edge research and the latest trends in the transition towards a more sustainability-oriented financial system.


1. Environmental Legislation
1.1. Purpose of Environmental Legislation
1.2. Overview of Legislation in the past few decades

2. In what areas is environmental legislation changing most rapidly? Who is researching them? Why does it matter to firms so much?
3. Water Legislation
4. Air Quality Legislation
4.1. Effects on retailers and consumers
4.2. Developing livable megalopolis
5. Climate change Legislation
5.1. Climate change policies around the world
5.2. Elements of an emissions trading scheme
5.3. Optimization for energy companies under emissions trading schemes
5.4. Energy efficiency regulation
6. Wilderness and wildlife protection
6.1. In developed nations
6.2. In developing nations
7. Price Regulation and Environmental Externalities
8. Enforcement Strategies
8.1. Dynamic enforcement
8.2. Penalty structures
9. Environmental Taxation
10. International Environmental Regulation
11. Conclusions and Recommendations


This book will consist of contributions from experts from both the academic and practitioner communities at the interface of economics and sustainability and is thus intended for readers in different fields and industries. The intention is for this book to be used as an academic textbook for students and scholars in business, social sciences, and environmental studies. In addition, it aims to inform regulators, policymakers, and industry leaders by serving as a best practice manual.

Submissions should be written in a non-technical writing style to allow for widespread application. Additionally, the call encourages contributions that are transdisciplinary. As such, chapters that incorporate new concepts, tools, and/or theories – potentially including those from other disciplines or fields – are welcome. We will be reviewing submissions with an open mind to new approaches, especially those that push the boundaries in addressing critical problems moving forward.

Submitted chapters should be original and exclusively prepared for the present book. No part of the article should be published elsewhere. Chapters must not exceed 7000 words (including all references, appendices, biographies, etc.), must use 1.5 line spacing and 12 pt. Times New Roman font, and must use the APA 6th edition reference style.

Researchers and practitioners are invited to submit abstracts of no more than 1000 words, together with a CV, to Sherif Goubran (co-editor) at enviropolicy@concordia.ca by March 15th, 2019.

Authors will be notified about the status of their proposals and will be sent complete chapter guidelines. Full chapters are expected to be submitted by May 31st, 2019.

There are no submission or acceptance fees for submitted manuscripts.


Abstract and CV submission deadline – March 15th, 2019

Selection of abstracts and notification to successful contributors – March 29th, 2019

Full chapter submission – May 31st, 2019

Revised chapter submission – July 31st, 2019


Thomas Walker holds an MBA and PhD degree in Finance from Washington State University. Prior to his academic career, he worked for several years in the European consulting and industrial sector at such firms as Mercedes Benz, Utility Consultants International, Lahmeyer International, Telenet, and KPMG Peat Marwick. He has published over 30 peer-reviewed articles and five book chapters. He has also been an active reviewer for well over 40 articles. In addition, his work has been featured in the Harvard Business Review and in Germany's Harvard Business Manager. In February 2015, Dr. Walker was appointed as Interim Director of the David O’Brien Centre for Sustainable Enterprise. Among other things, he has served as Laurentian Bank Professor in Integrated Risk Management (2010-2015), chair of the finance department (2011-2014), on the steering committee of the Montreal chapter of the Professional Risk Managers’ International Association (PRMIA), and as a member of Concordia’s senate finance committee.

Northrop Sprung-Much is a research staff member at the David O’Brien Centre for Sustainable Enterprise, and a PhD candidate in finance at the John Molson School of Business at Concordia University. He holds an MBA (focus in finance) from Concordia University. His research interests center around risk management, carbon trading, and environmental economics.

Sherif Goubran is a PhD candidate in the Individualized Program at Concordia University and a Vanier Scholar (SSHRC). His interdisciplinary research is focused on sustainable building practices within the fields of design, building engineering and finance. His PhD research investigates the alignment between sustainable practices and global sustainability goals. Sherif holds a BS in architecture and a MASc in Building Engineering.

This work is part of Concordia University’s Department of Finance effort to develop sustainable practices through academic research, programs, and outreach within the community.