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http://hdl.handle.net/2445/125239
Title: | Parallel tracks towards a global treaty on carbon pricing |
Author: | Bergh, Jeroen C. J. M. van den Angelsen, Arild Baranzini, Andrea Botzen, W. J. Wouter Carattini, Stefano Drews, Stefan Dunlop, Tessa Galbraith, Eric D. Gsottbauer, Elisabeth Howarth, Richard B. Padilla Rosa, Emilio Roca Jusmet, Jordi Schmidt, Robert |
Keywords: | Carboni Diòxid de carboni atmosfèric Compensació d'emissions Canvi climàtic Carbon Atmospheric carbon dioxide Carbon offsetting Climatic change |
Issue Date: | 2018 |
Publisher: | Institut d’Economia de Barcelona |
Series/Report no: | [WP E-IEB18/12] |
Abstract: | We argue that a global carbon price is the only way to effectively tackle free riding in international climate policy, required to substantially reduce greenhouse gas emissions. We briefly review the main reasons behind the essential role of carbon pricing, address common misunderstandings and scepticism, and identify key complementary policy instruments. Negotiating global carbon pricing is argued to be much easier than negotiating binding country-level targets, especially if it includes equitable revenue recycling. Moreover, a global carbon price can be more readily adapted to new data and insights of climate science. We propose a political strategy towards a global carbon price that consists of two tracks. The first entails assembly of a carbon-pricing club, a specific case of a climate club, to gradually move towards a full participatory agreement on carbon pricing. The second track involves putting time and energy into re-focusing UNFCCC negotiations on a carbon-pricing agreement. The two tracks reinforce one another, increasing the likelihood of a successful outcome. |
Note: | Reproducció del document publicat a: http://ieb.ub.edu/wp-content/uploads/2018/10/2018-IEB-WorkingPaper-12.pdf |
It is part of: | IEB Working Paper 2018/12 |
URI: | http://hdl.handle.net/2445/125239 |
Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
File | Description | Size | Format | |
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IEB18-12_Bergh+Angelsen.pdf | 1.51 MB | Adobe PDF | View/Open |
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