Three Key Elements of Post-2012 International Climate Policy Architecture

Sheila M. Olmstead and Robert Stavins

No 93412, Sustainable Development Papers from Fondazione Eni Enrico Mattei (FEEM)

Abstract: We describe three essential elements of an effective post-2012 international global climate policy architecture: a means to ensure that key industrialized and developing nations are involved in differentiated but meaningful ways; an emphasis on an extended time path of targets; and inclusion of flexible market-based policy instruments to keep costs down and facilitate international equity. This architecture is consistent with fundamental aspects of the science, economics, and politics of global climate change; addresses specific shortcomings of the Kyoto Protocol; and builds upon the foundation of the United Nations Framework Convention on Climate Change.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 27
Date: 2010-08
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Citations: View citations in EconPapers (1)

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https://ageconsearch.umn.edu/record/93412/files/NDL2010-097.pdf (application/pdf)

Related works:
Journal Article: Three Key Elements of a Post-2012 International Climate Policy Architecture (2012)
Working Paper: Three Key Elements of Post-2012 International Climate Policy Architecture (2010)
Working Paper: Three Key Elements of Post-2012 International Climate Policy Architecture (2010)
Working Paper: Three Key Elements of Post-2012 International Climate Policy Architecture (2010)
Working Paper: Three Key Elements of Post-2012 International Climate Policy Architecture (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemdp:93412

DOI: 10.22004/ag.econ.93412

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