The Role of Economics in Climate Change Policy
Bibliographic Data
| ID | 4029080 |
|---|---|
| Authors | Warwick J Mckibbin (0000-0002-1604-1021, Professor of International Economics in the Research School of Pacific and Asian Studies, Australia National University, Canberra, Australia; Non-Resident Senior Fellow, Brookings Institution, Washington, D.C.), Peter J Wilcoxen (0000-0001-8614-3982, Associate Professor of Economics, University of Texas, Austin, Texas; Non-Resident Senior Fellow, Brookings Institution, Washington, D.C.) |
| Year | 2002 |
| Volume | 16 |
| Issue | 2 |
| Pages | 107-129 |
| Publication date | 2002-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/0895330027283 |
| OpenAlex | W2141581022 |
| Language | EN |
| Citations received | 21 |
| References cited | 5 |
The most important characteristic of climate change as a policy problem is uncertainty. From climatology to economics, uncertainties are pervasive, large and difficult to resolve. However, the economic theory of environmental policy under uncertainty provides a clear guide to the design of an appropriate policy. An efficient and practical approach would be a hybrid that incorporates the best features of tradable permits and emissions taxes. Unfortunately, international negotiations have taken a different approach, focusing on rigid targets and timetables for emissions reductions. The result has been the Kyoto Protocol, an agreement with no real chance of reducing greenhouse gas emissions
Climate change · Climate change mitigation · Climate policy · Economics · Environmental economics · Environmental policy · Greenhouse gas · Kyoto Protocol · Natural resource economics · Negotiation · Political science · Public economics · Climate Change Policy and Economics · Economic and Environmental Valuation · Energy, Environment, and Transportation Policies
Controversies in Climate Change Economics
Enhancing SEA effectiveness
Pioneer countries and the global diffusion of environmental innovations
Beyond Kyoto
The Institutional Causes of China's Great Famine, 1959–1961
Psychological Barriers to Bipartisan Public Support for Climate Policy
A Hotelling Model with a Ceiling on the Stock of Pollution
An Ethics-based Climate Agreement for the South Pacific Region
Equity, burden sharing and development pathways
Next-Generation Environmental Regulation
Prioritizing climate change mitigation
Exploring farmer preference shaping in international agricultural climate change adaptation regimes
Progress in global climate change politics? Reasserting national state territoriality in a 'post-political' world
Consumer's Surplus with a Racial Apology? Black Relative to Non-Black Inequality in the Welfare Gains of Fuel-Efficient Cars and Trucks
Can education lower the environmental degradation? Bootstrap panel Granger causality analysis for emerging countries
Environmental performance standards and the adoption of technology
Transaction costs of alternative greenhouse gas policies in the Australian transport energy sector
Power to youth
Global civil society and the test of Kyoto
Post-Kyoto? Post-Bush? Towards an effective 'climate coalition of the willing
How Ostrom's design principles apply to large-scale commons
| Unique citing works | 21 |
|---|---|
| Citations per year | 0,95 |
| Citation span | 2004 - 2022 (19) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 17 |