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Response to Lipow on Climate Change Policy

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  • Robin Hahnel

Abstract

This article responds to criticisms of “Left Clouds Over Climate Change Policy†( RRPE vol. 44 no. 2) made by Gar Lipow in “Shutting Down the Fog Machine†( RRPE vol. 47 no. 2). It explains (a) why Lipow’s criticisms are either beside the point or invalid; (b) why once national emissions are capped fairly for all countries, trading emission reduction credits cannot possibly undermine global reductions if countries meet their treaty obligations; and (c) why if national caps are set fairly – i.e. according to differential responsibility and capability – carbon trading would not only reduce political resistance in advanced economies to deeper global reductions, but generate annual flows of payments from MDCs to LDCs far in excess of any “climate reparation payments†that could be expected.

Suggested Citation

  • Robin Hahnel, 2015. "Response to Lipow on Climate Change Policy," Review of Radical Political Economics, Union for Radical Political Economics, vol. 47(3), pages 460-464, September.
    • Handle: RePEc:sae:reorpe:v:47:y:2015:i:3:p:460-464
    DOI: 10.1177/0486613414557920
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    More about this item

    Keywords

    carbon markets; climate justice; clean development mechanisms; climate treaty;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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