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The evaluation of tradeable permit systems concerning their conformity with the market economy is debated controversially. The Acid Rain- and the RECLAIM-Program for the first time offer the opportunity to analyse existing, implemented tradeable permit systems for their market conformity. For that purpose both programs are systematically compared to an instrument, that may be considered as an ideal of market conformity, the Coase theorem. The comparison shows that the evaluation of the market conformity of tradeable permit systems depends on the one hand on different pre-analytic views of environmental problems and on the other hand on the concrete institutional design of the instrument in praxis. Concluding, the Acid Rain- and the RECLAIM-Program are characterized by a high conformity with the criteria that constitute the proper shaping of the market system.

Ordnungspolitische Beurteilung von Zertifikatesystemen in der Umweltpolitik - Am Beispiel des Acid Rain- und des RECLAIM-Programms