Understanding supply-side climate policies: towards an interdisciplinary framework

Peter Newell () and Angela Carter ()
Additional contact information
Peter Newell: University of Sussex
Angela Carter: University of Waterloo

International Environmental Agreements: Politics, Law and Economics, 2024, vol. 24, issue 1, No 2, 7-26

Abstract: Abstract Once marginal in climate governance, supply-side policies which seek to restrict the production of climate warming fossil fuels are now gaining greater prominence. From national level bans and phase out policies to divestment campaigns and the creation of ‘climate clubs’ such as the Beyond Oil and Gas Alliance, an increasing number of such policies are being adopted by governments, cities and financial actors around the world. But why would states voluntarily relinquish potentially profitable reserves of fossil fuels? How can we account for the rise of supply-side policies, the form they take and the sites in which they are being adopted? What conditions and contexts are most conducive to the adoption and sustainability of ‘first mover’ bans and phase out policies? This paper seeks to build an interdisciplinary account fusing insights from diverse theoretical traditions from international political economy, political science, sociology and the literature on socio-technical transitions in order to capture the interaction of political, economic and socio-cultural drivers in national and international settings which can provide the basis of a more integrated and multi-dimensional understanding of supply-side policies. Such an account, we suggest, helps to understand the origins and evolution of supply-side policies and, more critically, the conditions which might enable the expansion of supply-side climate policies to new sites.

Keywords: Fossil fuels; Supply-side policies; Production; Climate change; International policy; Governance (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10784-024-09631-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:ieaple:v:24:y:2024:i:1:d:10.1007_s10784-024-09631-3

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10784

DOI: 10.1007/s10784-024-09631-3

Access Statistics for this article

International Environmental Agreements: Politics, Law and Economics is currently edited by Joyeeta Gupta

More articles in International Environmental Agreements: Politics, Law and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().