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Towards a Workable and Effective Climate Regime

Author

Listed:
  • Scott Barrett

    (Columbia University)

  • Carlo Carraro

    (FEEM, Ca' Foscari University of Venice and CEPR)

  • Jaime de Melo

    (University of Geneva, FERDI and CEPR)

Abstract

This year, for the first time ever, nearly all of the world’s countries are making pledges to help limit future climate change. As of 1 October, 147 countries (representing about 85% of global emissions) have submitted their Intended Nationally Determined Contributions. These pledges, if carried out in full, are expected to lower emissions relative to the ‘business as usual’ forecast. However, they are not expected to prevent emissions from increasing above today’s level through 2030. To meet the global goal of limiting mean global temperature change to 2°C relative to the pre-industrial level, much more will need to be done after 2030. Eventually, emissions will have to fall to zero worldwide – either that, or countries will need to remove carbon dioxide directly from the atmosphere. This article introduces a new Vox eBook that looks into what needs to be done to build a climate regime that is both workable and effective.

Suggested Citation

  • Scott Barrett & Carlo Carraro & Jaime de Melo, 2015. "Towards a Workable and Effective Climate Regime," Review of Environment, Energy and Economics - Re3, Fondazione Eni Enrico Mattei, November.
  • Handle: RePEc:fem:femre3:2015.11-03
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    File URL: http://re3.feem.it/getpage.aspx?id=8049
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    Cited by:

    1. de Melo, Jaime & Solleder, Jean-Marc, 2020. "Barriers to trade in environmental goods: How important they are and what should developing countries expect from their removal," World Development, Elsevier, vol. 130(C).
    2. Thomas F. STOCKER, 2015. "Implications of Climate Science for Negotiators," Working Papers P135, FERDI.
    3. Pies, Ingo, 2016. "Wirtschaftsethik der Rohstoffgewinnung: Vom Ressourcenfluch zur Governance nachhaltiger Entwicklung," Discussion Papers 2016-02, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    4. Thomas F. STOCKER, 2015. "Implications of Climate Science for Negotiators," Working Papers P135, FERDI.

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