Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Cambridge University Press, 7/12/2010
EAN 9780521692175, ISBN10: 0521692172
Paperback, 412 pages, 22.9 x 15.2 x 2.3 cm
Language: English
With increasing greenhouse gas emissions, we are embarked on an unprecedented experiment with an uncertain outcome for the future of the planet. The Kyoto Protocol serves as an initial step through 2012 to mitigate the threats posed by global climate change. A second step is needed, and policy-makers, scholars, business people, and environmentalists have begun debating the structure of the successor to the Kyoto agreement. Written by a team of leading scholars in economics, law, and international relations, this book contributes to this debate by examining the merits of six alternative international architectures for global climate policy. Architectures for Agreement offers the reader a uniquely wide-ranging menu of options for post-Kyoto climate policy, with a concern throughout to learn from past experience in order to maximize opportunities for future success in the real, 'second-best' world. It will be an essential reference for scholars, policy-makers, and students interested in climate policy.
List of figures
List of tables
Foreword Lawrence Summers
1. Introduction Joseph Aldy and Robert Stavins
Part I. Targets and Timetables
2. Formulas for quantitative emission targets Jeffrey Frankel
Commentaries on Frankel
2.1 Targets and timetables
good policy but bad politics? Daniel Bodansky
2.2 Incentives and meta-architecture Jonathan B. Wiener
3. Graduation and deepening Axel Michaelowa
Commentaries on Michaelowa
3.1 Alternatives to Kyoto
the case for a carbon tax Richard N. Cooper
3.2 Beyond graduation and deepening
towards cosmopolitan scholarship Joyeeta Gupta
Part II. Targets and Timetables
4. Fragmented carbon markets and reluctant nations
implications for the design of effective architectures David G. Victor
Commentaries on Victor
4.1 Incentives and institutions
a bottom-up approach to climate policy Carlo Carraro
4.2 The whole and the sum of its parts
comments on David Victor's 'Fragmented Carbon Markets and Reluctant Nations' Sheila M. Olmstead
5. Credible foundation for long-term international cooperation Warwick J. McKibbin and Peter Wilcoxen
Commentaries on McKibbin and Wilcoxen
5.1 Commentary on McKibbin and Wilcoxen Richard Morgenstern
5.2 Commentary on McKibbin and Wilcoxen Jonathan Pershing
Part III. Coordinated and Unilateral Policies
6. A multi-track climate treaty system Scott Barrett
Commentaries on Barrett
6.1 Beyond Kyoto
learning from the Montreal protocol Daniel C. Esty
6.2 Climate Favela
a comment on Barrett Henry D. Jacoby
7. Practical global climate policy William A. Pizer
Commentary on Pizer
7.1 Comment on Pizer James A. Hammitt
7.2 Comments on practical global climate policy Juan-Pablo Montero
Part IV. Synthesis and Conclusion
8. Epilogue Thomas Schelling
9. Lessons for the international policy community Joseph Aldy and Robert Stavins
Index.
'The Kyoto Protocol was at best an imperfect and incomplete first step toward an effective response to the enormously difficult problem of climate change, which is characterized by huge stakes, great uncertainties, global scope, and a time-scale measured in decades or centuries. In this important volume, Joseph Aldy, Robert Stavins, and a host of distinguished contributors provide a thoughtful exploration of a range of alternative post-Kyoto top-down and bottom-up regimes and their implications. This book should be read by everyone who takes climate change seriously as a policy problem.' Richard Schmalensee, John C Head III Dean of the MIT Sloan School of Management and Professor of Economics and Management, Massachusetts Institute of Technology