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After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top-down" approach embodied by the Kyoto Protocol has all but stalled, chiefly due to disagreements over levels of ambition and objections to financial transfers. To avoid those...
Persistent link: https://www.econbiz.de/10010373734
This paper examines the extent to which the cultural dimension of individualism-collectivism matters for the stringency of climate change policies across the world. I postulate that individualistic societies are endowed with a better capacity to implement stringent climate change regulations...
Persistent link: https://www.econbiz.de/10012840385
The seminal contributions of William Nordhaus to scholarship on the long-run macroeconomics of global climate change are clear. Much more challenging to identify are the impacts of Nordhaus and his research on public policy in this domain. We examine three conceptually distinct pathways for that...
Persistent link: https://www.econbiz.de/10012270593
This paper introduces geoengineering into an optimal control model of climate change economics. Together with mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different characteristics have important implications for climate...
Persistent link: https://www.econbiz.de/10011853285
The purpose of this article is twofold: First to discuss three misconceptions in the debate on climate policies: i) that de-growth is necessary, ii) that the market economy is part of the problem rather than part of the solution to climate change, and iii) that the only policy tool needed is to...
Persistent link: https://www.econbiz.de/10012166055
This paper explains the emergence of the "pledge and review" governance approach found in the Paris Agreement on Climate Change, in place of the "obligatory targets and timetables" approach found in the Kyoto Protocol, from a neo-Gramscian perspective. The main argument is that the adoption of...
Persistent link: https://www.econbiz.de/10011798024
The mismatch between actions to combat climate change, which are based on voluntary national initiatives of limited effort, and the recognition of the importance of global warming is growing. Climate engineering via solar radiation management has been proposed as a possible complement to...
Persistent link: https://www.econbiz.de/10011771508
Polar amplification is an established scientific fact which has been associated with the surface albedo feedback and to heat and moisture transport from the Equator to the Poles. In this paper we unify a two-box climate model, which allows for heat and moisture transport from the southern region...
Persistent link: https://www.econbiz.de/10012997071
Anthropogenic climate change poses a threat to all people and governments, but the response to that threat varies enormously across countries. Some adopt politically costly and economically challenging climate change mitigation policies, while others deny that climate change is occurring. Why do...
Persistent link: https://www.econbiz.de/10014144587
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. In this article, I propose and analyze a scientifically sound, economically rational, and politically feasible approach for the United States to...
Persistent link: https://www.econbiz.de/10008798528