Climate Change and Common Sense: Essays in Honour of Tom Schelling

Hardcover | February 3, 2012

EditorRobert W. Hahn, Alistair Ulph

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There is widespread agreement that climate change is a serious problem. If we fail to regulate greenhouse gases that contribute to global warming, or use alternative strategies for addressing the problem, the damages could be significant, and perhaps catastrophic. After several international meetings in which nation-states have tried unsuccessfully to address the climate change problem, there is a sense of frustration and urgency: frustration at the slow pace at which countries are moving toward an international agreement to reduce greenhouse gas emissions;urgency because of the growing evidence that climate change is a serious problem that should be addressed globally and quickly. This book takes a close look at the fundamental political and economic processes driving climate change policy. It identifies institutional arrangements and policies that are needed to design more effective climate change policy. It also examines ethical and distributional arguments that arecritical in understanding and framing the climate debate. The book is built around a conference honouring Tom Schelling that took place at the Sustainable Consumption Institute at The University of Manchester. Each chapter represents a significant contribution to the literature on the politicaleconomy of climate change.

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There is widespread agreement that climate change is a serious problem. If we fail to regulate greenhouse gases that contribute to global warming, or use alternative strategies for addressing the problem, the damages could be significant, and perhaps catastrophic. After several international meetings in which nation-states have tried ...

From 1999 to 2008, Professor Hahn served as the director of the AEI-Brookings Joint Center, a leader in policy research in law and economics, regulation, and antitrust. Previously, he worked for the US President's Council of Economic Advisers, where he helped design the market-based cap-and-trade system for limiting smokestack sulfur e...

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Format:HardcoverDimensions:296 pagesPublished:February 3, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199692874

ISBN - 13:9780199692873

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Table of Contents

Introduction and Overview1. Robert W. Hahn and Alistair Ulph: Thinking through the Climate Change ChallengePart I: Getting Nations to Work Together2. Thomas Schelling: Norms, Conventions, and Institutions to Cope with Climate Change3. Scott Barrett: Credible Commitments, Focal Points, and Tipping: The Strategy of Climate Treaty Design4. Geoffrey Heal and Howard Kunreuther: Tipping Climate Negotiations5. Charles D. Kolstad: Bridging Reality and the Theory of International Environmental Agreements6. Anastasios Xepapadeas: The Cost of Ambiguity and Robustness in International Pollution ControlPart II: Ethical and Distributional Concerns7. Partha Dasgupta: Time and the Generations8. Geir B. Asheim: Discounting While Treating Generations Equally9. David J. Frame and Cameron J. Hepburn: Emerging Markets and Climate Change: Mexican Standoff or Low-carbon Race?Part III: Approaches to Designing More Efficient Policies10. Ian Parry and Roberton C. Williams III: Moving US Climate Policy Forward: Are Carbon Taxes the Only Good Alternative?11. Michael Hoel: Carbon Taxes and the Green Paradox12. Linda R. Cohen and Amihai Glazer: Derivative Markets for Pollution Permits and Incentives to Innovate13. Robert Mendelsohn: Development and Climate Adaptation14. David Anthoff and Richard S.J. Tol: Schelling's Conjecture on Climate and Development: A Test