Response to Lipow on Climate Change Policy

Robin Hahnel

Review of Radical Political Economics, 2015, vol. 47, issue 3, 460-464

Abstract: This article responds to criticisms of “Left Clouds Over Climate Change Policy†( RRPE vol. 44 no. 2) made by Gar Lipow in “Shutting Down the Fog Machine†( RRPE vol. 47 no. 2). It explains (a) why Lipow’s criticisms are either beside the point or invalid; (b) why once national emissions are capped fairly for all countries, trading emission reduction credits cannot possibly undermine global reductions if countries meet their treaty obligations; and (c) why if national caps are set fairly – i.e. according to differential responsibility and capability – carbon trading would not only reduce political resistance in advanced economies to deeper global reductions, but generate annual flows of payments from MDCs to LDCs far in excess of any “climate reparation payments†that could be expected.

Keywords: carbon markets; climate justice; clean development mechanisms; climate treaty (search for similar items in EconPapers)
JEL-codes: Q54 Q56 Q58 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0486613414557920 (text/html)

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:sae:reorpe:v:47:y:2015:i:3:p:460-464

DOI: 10.1177/0486613414557920

Access Statistics for this article

More articles in Review of Radical Political Economics from Union for Radical Political Economics
Bibliographic data for series maintained by SAGE Publications ().