The Economics and Politics of Climate Change
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Product details:
- Publisher OUP Oxford
- Date of Publication 15 September 2011
- ISBN 9780199606276
- Binding Paperback
- No. of pages566 pages
- Size 233x158x30 mm
- Weight 834 g
- Language English
- Illustrations 29 Figures, 58 Tables, 5 Boxes 0
Categories
Short description:
The volume brings together leading climate change policy experts to set out the economic analysis and the nature of the negotiations at the United Nations Climate Change Conference in Copenhagen and beyond.
MoreLong description:
The international framework for a climate change agreement is up for review as the initial Kyoto period to 2012 comes to an end. Though there has been much enthusiasm from political and environmental groups, the underlying economics and politics remain highly controversial. This book takes a cool headed look at the critical roadblocks to agreement, examining the economics of climate change, the incentives of the main players (the US, EU, China) and examines the policies governments can put in place to reduce greenhouse gas emissions, and ultimately shift our economies onto a low-carbon path. The volume brings together leading climate change policy experts to set out the economic analysis and the nature of the negotiations at Copenhagen and beyond. In addition to reviewing the main issues discussed above, a number of the articles question the basis of much of the climate change consensus, and debate the Stern Report's main findings.
The book is in four parts. Following an overview of the main issues, the first part is a reassessment of the economics of climate change. This is fundamental to the rest of the volume, and it contains new material which goes well beyond what might be called the new conventional wisdom. The second part looks at the geography of the costs and benefits of climate change - the very different perspectives of Africa, China, the US and Europe. These chapters provide a building block to considering the prospects for a new global agreement - the very different interests that will have to be reconciled at Copenhagen and beyond. The third part looks at policy instruments at the global level (whereas much of the literature to date is nationally and regionally based). Trading and R&D feature in the chapters, but so too do more radical unilateral options, including geo-engineering. Part four turns to the institutional architecture - drawing on evidence from previous attempts in other areas, as well as proposals for new bodies.
Review from previous edition Successfully illustrate[s] the immense complexity of the problem...a valuable compendium
Table of Contents:
Introduction
Part One: Revisiting the Economics of Climate Change
Climate-change policy: why has so little been achieved?
The global deal on climate change
Climate treaties and the imperative of enforcement
The implications of rapid development for emissions and climate-change mitigation
The behavioural economics of climate change
Part Two: The Global Players and Agreements
Climate change and Africa
China's balance of emissions embodied in trade: approaches to measurement and allocating international responsibility
India and climate-change mitigation
Addressing climate change with a comprehensive US cap-and-trade system
EU climate-change policy: a critique
Part Three: Low-carbon Technologies
Nuclear power, climate change, and energy policy
Carbon dioxide capture and storage
Climate-change mitigation from renewable energy: its contribution and cost
The national inventory approach for international forest-carbon sequestration management
On the regulation of geo-engineering
Improving energy efficiency: hidden costs and unintended consequences
Part Four: National and International Instruments
Carbon taxes, emissions trading and hybrid schemes
Docking into a global carbon market: Clean Investment Budgets to finance low-carbon economic development
International carbon finance and the Clean Development Mechanism
Part Five: Institutional Architecture
The global climate-change regime: a defence
Governing climate change: lessons from other governance regimes
Bibliography
