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Rules for the global environment

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  • Siebert, Horst

Abstract

The paper looks at the global environment as a public good and as a sink for CO2-emissions. It discusses problems to be solved in institutional arrangements to protect global environmental media and looks at criteria for allocating the costs of emission reduction and emission rights. It analyzes institutional mechanisms that stabilize CO2-agreements and reviews the Kyoto Protocol, the perspectives for its successor and EU emission trading. The paper also reviews arrangements for biodiversity and existing multilateral arrangements.

Suggested Citation

  • Siebert, Horst, 2008. "Rules for the global environment," Kiel Working Papers 1422, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:1422
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    File URL: https://www.econstor.eu/bitstream/10419/4298/1/kap1422.pdf
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    References listed on IDEAS

    as
    1. Sen, Amartya, 2001. "Development as Freedom," OUP Catalogue, Oxford University Press, number 9780192893307.
    2. Heal, Geoffrey, 1992. "International negotiations on emission control," Structural Change and Economic Dynamics, Elsevier, vol. 3(2), pages 223-240, December.
    3. Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 2009. "Economic Sanctions Reconsidered, 3rd Edition (paper)," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4129, January.
    4. Barrett, Scott, 2005. "Environment and Statecraft: The Strategy of Environmental Treaty-Making," OUP Catalogue, Oxford University Press, number 9780199286096.
    5. Barrett, Scott, 1994. "Self-Enforcing International Environmental Agreements," Oxford Economic Papers, Oxford University Press, vol. 46(0), pages 878-894, Supplemen.
    6. Horst Siebert, 2008. "Economics of the Environment," Springer Books, Springer, edition 7, number 978-3-540-73707-0, June.
    7. William D. Nordhaus, 2006. "After Kyoto: Alternative Mechanisms to Control Global Warming," American Economic Review, American Economic Association, vol. 96(2), pages 31-34, May.
    8. Peterson, Sonja & Klepper, Gernot, 2007. "Distribution matters: Taxes vs. emissions trading in post Kyoto climate regimes," Kiel Working Papers 1380, Kiel Institute for the World Economy (IfW Kiel).
    9. Nunes, Paulo A. L. D. & van den Bergh, Jeroen C. J. M., 2001. "Economic valuation of biodiversity: sense or nonsense?," Ecological Economics, Elsevier, vol. 39(2), pages 203-222, November.
    10. Klevorick, Alvin K. & Kramer, Gerald H., 1973. "Social choice on pollution management: the genossenschaften," Journal of Public Economics, Elsevier, vol. 2(2), pages 101-146, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Feliu López-i-Gelats & Jordi Bartolomé Filella, 2020. "Examining the role of organic production schemes in Mediterranean pastoralism," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(6), pages 5771-5792, August.
    2. Simeng Li & Gang Chen, 2020. "Contemporary strategies for enhancing nitrogen retention and mitigating nitrous oxide emission in agricultural soils: present and future," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 2703-2741, April.

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    More about this item

    Keywords

    Global warming; Emission reduction; Emission rights; Institutional Mechanisms; Kyoto Protocol; Post-Bali negotiations; Public good;
    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
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • Q02 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Commodity Market
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

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