Three Key Elements of Post-2012 International Climate Policy Architecture

Sheila M. Olmstead () and Robert Stavins
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Sheila M. Olmstead: Resources for the Future

RFF Working Paper Series from Resources for the Future

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: 2010-06-18
New Economics Papers: this item is included in nep-ene, nep-env, nep-reg and nep-res
References: View references in EconPapers View complete reference list from CitEc
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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