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Rethinking Global Climate Change Governance

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  • Barrett, Scott

Abstract

This paper explains why the approach taken so far to mitigate global climate change has failed. The central reason is an inability to enforce targets and timetables. Current proposals recommending even stricter emission limits will not help unless they are able to address the enforcement deficit. Trade restrictions are one means for doing so, but trade restrictions pose new problems, particularly if they are applied to enforce economy-wide emission limitation agreements. This paper sketches a different approach that unpacks the climate problem, addressing different gases and sectors using different instruments. It also explains how a failure to address the climate problem fundamentally will only create incentives for different kinds of responses, posing different challenges for climate change governance

Suggested Citation

  • Barrett, Scott, 2008. "Rethinking Global Climate Change Governance," Economics Discussion Papers 2008-31, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwedp:7407
    as

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    File URL: http://www.economics-ejournal.org/economics/discussionpapers/2008-31
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    References listed on IDEAS

    as
    1. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, January.
    2. Scott Barrett, 2006. "Climate Treaties and "Breakthrough" Technologies," American Economic Review, American Economic Association, vol. 96(2), pages 22-25, May.
    3. Unknown, 2005. "Forward," 2005 Conference: Slovenia in the EU - Challenges for Agriculture, Food Science and Rural Affairs, November 10-11, 2005, Moravske Toplice, Slovenia 183804, Slovenian Association of Agricultural Economists (DAES).
    4. Barrett, Scott, 2005. "Environment and Statecraft: The Strategy of Environmental Treaty-Making," OUP Catalogue, Oxford University Press, number 9780199286096.
    5. William D. Nordhaus, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 686-702, September.
    6. Martin L. Weitzman, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 703-724, September.
    7. Steffen Kallbekken & Jon Hovi, 2007. "The price of non-compliance with the Kyoto Protocol: The remarkable case of Norway," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 7(1), pages 1-15, March.
    8. Stiglitz Joseph, 2006. "A New Agenda for Global Warming," The Economists' Voice, De Gruyter, vol. 3(7), pages 1-4, July.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Mehdi Abbas, 2011. "Carbon border adjustement, trade and climate governance : issues for OPEC economies," Post-Print halshs-00617923, HAL.
    2. Pierre Berthaud & Tancrède Voituriez, 2013. "BASIC effect on global climate governance. Power changes and regime shifts," Post-Print halshs-00868468, HAL.

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    More about this item

    Keywords

    Climate change; Kyoto protocol; enforcement; trade restrictions; R&D;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

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