Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27525
Authors: 
Barrett, Scott
Year of Publication: 
2009
Citation: 
[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [Volume:] 3 [Issue:] 2009-5 [Pages:] 1-12 [DOI/URN:] doi:10.5018/economics-ejournal.ja.2009-5
Abstract: 
This paper explains why the approach taken so far to mitigate global climate change has failed. The central reason is an inability to enforce targets and timetables. Current proposals recommending even stricter emission limits will not help unless they are able to address the enforcement deficit. Trade restrictions are one means for doing so, but trade restrictions pose new problems, particularly if they are applied to enforce economy-wide emission limitation agreements. This paper sketches a different approach that unpacks the climate problem, addressing different gases and sectors using different instruments. It also explains how a failure to address the climate problem fundamentally will only create incentives for different kinds of responses, posing different challenges for climate change governance.
Subjects: 
Climate change
Kyoto protocol
enforcement
trade restrictions
R&D
JEL: 
F18
F51
Q54
F53
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type: 
Article

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