The Design of Climate Policy
The Design of Climate Policy
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Abstract
Debates over post-Kyoto Protocol climate change policy often take note of two issues: the feasibility and desirability of international cooperation on climate change policies, given the failure of the United States to ratify Kyoto, and the very limited involvement of developing countries; and the optimal timing of climate policies. This book offers insights into both of these concerns. It first considers the appropriate institutions for effective international cooperation on climate change, proposing an alternative to the Kyoto arrangement and a theoretical framework for such a scheme. The discussions then turn to the stability of international environmental agreements, emphasizing the logic of coalition forming (including the applicability of game-theoretical analysis). Finally, chapters address both practical and quantitative aspects of policy design, offering theoretical analyses of such specific policy issues as intertemporal aspects of carbon trade and the optimal implementation of a sequestration policy and then using formal mathematical models to examine policies related to the rate of climate change, international trade and carbon leakage, and the shortcomings of the standard Global Warming Potential index.
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Front Matter
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1
Synopsis of the Book
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I Design of Climate Institutions
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2
Improving on Kyoto: Greenhouse Gas Control as the Purchase of a Global Public Good
David F. Bradford
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3
The Design of Post-Kyoto Climate Schemes: Selected Questions in Analytical Perspective
Roger Guesnerie
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4
Design of Climate Change Policies: A Discussion of the GPGP Approach of Bradford and Guesnerie
Sushama Murty
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5
Untying the Climate-Development Gordian Knot: Economic Options in a Politically Constrained World
Jean-Charles Hourcade and others
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2
Improving on Kyoto: Greenhouse Gas Control as the Purchase of a Global Public Good
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II Stability of Outcomes
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6
Transfer Schemes and Institutional Changes for Sustainable Global Climate Treaties
Johan Eyckmans andMichael Finus
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7
Parallel Climate Blocs: Incentives to Cooperation in International Climate Negotiations
Barbara Buchner andCarlo Carraro
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8
Cooperation, Stability, and Self-enforcement in International Environmental Agreements: A Conceptual Discussion
Parkash Chander andHenry Tulkens
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9
Heterogeneity of Countries in Negotiations of International Environmental Agreements: A Joint Discussion of the Buchner-Carraro, Eyckmans-Finus, and Chander-Tulkens Chapters
Sylvie Thoron
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6
Transfer Schemes and Institutional Changes for Sustainable Global Climate Treaties
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III Policy Design
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10
Economics versus Climate Change
William A. Pizer
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Economics versus Climate Change: A Comment
Richard S. J. Tol
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12
Absolute versus Intensity Limits for CO2 Emission Control: Performance under Uncertainty
Ian Sue Wing and others
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13
On Multi-period Allocation of Tradable Emission Permits
Katrin Rehdanz andRichard S. J. Tol
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14
Optimal Sequestration Policy with a Ceiling on the Stock of Carbon in the Atmosphere
Gilles Lafforgue and others
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10
Economics versus Climate Change
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IV Models and Polices
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15
Mind the Rate! Why the Rate of Global Climate Change Matters, and How Much
Philippe Ambrosi
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16
Leakage from Climate Policies and Border-Tax Adjustment: Lessons from a Geographic Model of the Cement Industry
Damien Demailly andPhilippe Quirion
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17
The Global Warming Potential Paradox: Implications for the Design of Climate Policy
Stéphane De Cara and others
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15
Mind the Rate! Why the Rate of Global Climate Change Matters, and How Much
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End Matter
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