Three Key Elements of Post-2012 International Climate Policy Architecture

Sheila M. Olmstead and Robert Stavins
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Sheila M. Olmstead: chool of Forestry and Environmental Studies, Yale University, Resources for the Future

No 2010.97, Working Papers from Fondazione Eni Enrico Mattei

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: Global Climate Change; Global Warming; Policy Architecture; Kyoto Protocol (search for similar items in EconPapers)
JEL-codes: Q39 Q48 Q54 Q58 (search for similar items in EconPapers)
Date: 2010-07
New Economics Papers: this item is included in nep-cwa, nep-ene, nep-env and nep-res
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Citations: View citations in EconPapers (2)

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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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