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The Economics and Politics of Climate Change

Dieter Helm and Cameron Hepburn

Abstract

The international framework for a climate change agreement is up for review as the initial Kyoto Protocol 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 United States, EU, China), and the policies which governments can put in place to reduce greenhouse gas emissions, and ultimately shift our economies onto a ... More

Keywords: climate change, Kyoto Protocol, greenhouse gas emissions, global agreement, Stern Review, China, geoengineering, United States

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780199573288
Published to Oxford Scholarship Online: April 2015 DOI:10.1093/acprof:osobl/9780199573288.001.0001

Authors

Affiliations are at time of print publication.

Dieter Helm, editor
Fellow and Tutor in Economics, New College, University of Oxford

Cameron Hepburn, editor
Senior Research Fellow, Smith School of Enterprise and the Environment, University of Oxford

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Contents

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1 Introduction

Dieter Helm and Cameron Hepburn

Part I Revisiting the Economics of Climate Change

3 The Global Deal on Climate Change

Cameron Hepburn* and Nicholas Stern**

5 The Implications of Rapid Development for Emissions and Climate-change Mitigation

Ross Garnaut, Stephen Howes, Frank Jotzo, and Peter Sheehan*

6 The Behavioural Economics of Climate Change

Kjell Arne Brekke* and Olof Johansson-Stenman**

Part II The Global Players and Agreements

7 Climate Change and Africa

Paul Collier*, Gordon Conway**, and Tony Venables***

8 China’s Balance of Emissions Embodied in Trade

Jiahua Pan *, Jonathan Phillips **, and Ying Chen ***

9 India and Climate-change Mitigation

Vijay Joshi* and Urjit R. Patel**

Part III Low-Carbon Technologies

15 The National Inventory Approach for International Forest-carbon Sequestration Management

Krister P. Andersson,* Andrew J. Plantinga,** and Kenneth R. Richards***

Part IV National and International Instruments

19 Docking into a Global Carbon Market

Gernot Wagner, Nathaniel Keohane, Annie Petsonk, James S. Wang*

Part V Institutional Architecture

21 The Global Climate-change Regime

Joanna Depledge* and Farhana Yamin**

22 Governing Climate Change

Arunabha Ghosh* and Ngaire Woods**

End Matter