The research on the links between trade rules and climate-change action has mostly been concerned with how far climate-change action is constrained by current trade rules pertaining, for example, to border-tax adjustments (Horn and Mavroidis 2011), subsidies (Green 2006) and exports of natural gas (Levi 2012 and Hufbauer et al. 2013).
Four changes to trade rules to facilitate climate change action
Aaditya Mattoo, Arvind Subramanian, 4 May 2013
Geoengineering and abatement: A ‘flat’ relationship under uncertainty
Johannes Emmerling, Massimo Tavoni, 17 April 2013
The slow progress in climate-change mitigation policies aimed at reducing greenhouse-gas emissions has fuelled the discussion about alternative policy options in order to cope with the impacts from climate change. The better known one is adaptation, but most recently ‘climate geoengineering’ has begun to attract increasing attention.
The sordid history of Congressional acceptance and rejection of cap-and-trade: Implications for climate policy
Richard Schmalensee, Robert N. Stavins, 7 March 2013
In both his second inaugural and his fifth state of the union addresses this year, President Obama renewed his commitment to address the risk of global climate change, due to increased concentrations of greenhouse gases in the atmosphere, largely (but not exclusively) a consequence of carbon dioxide (CO2) emissions linked with burning fossil fuels to generate energy.
Moving to Greenland in the face of global warming
Klaus Desmet, Esteban Rossi-Hansberg , 16 January 2013
If populations don’t move, global warming is likely to have disastrous consequences.
Imperfect climate policy unlikely to increase domestic emissions
Corrado Di Maria, Ian Lange, Edwin van der Werf, 6 January 2013
Current implemented policies aimed at reducing greenhouse gas (GHG) emissions are far from perfect and leave owners of stocks of fossil fuels ample scope to increase current (as opposed to future) extraction. Some economists and policymakers fear that emission reduction policies may thereby induce an increase rather than a decrease in CO2 emissions.
Why do we see unilateral action on climate change?
Simon Dietz, Carmen Marchiori, Alessandro Tavoni, 5 December 2012
Countries have been negotiating on climate change for about 23 years, and talking about it for even longer. In that time, steps have certainly been taken: a range of institutions have been created, from a UN convention to elements of a global market for CO2 emissions reductions.
Global climate talks: If at the 17th you don’t succeed
Richard S J Tol, 27 November 2012
Game theory suggests that attempts to negotiate an international environmental agreement, aiming to provide a global public good such as greenhouse gas emission reduction, are bound to fail (Barrett 1991, Carraro and Siniscalco 1992, Carraro and Siniscalco 1993).
What does trade have to do with climate change?
Harun Onder, 12 September 2012
The last few decades have witnessed a rapid expansion of international trade and global output (Figure 1). This growth was partially enabled by a gradual reduction in trade barriers in the major export destinations.
The enduring economic aftermath of natural catastrophes
Ilan Noy, 5 September 2012
In the past few days, we have watched Hurricane Isaac strike vulnerable populations over the island of Hispaniola, disrupt the Republican National Convention in Florida, and then move on to inundate parts of the Gulf Coast in Mississippi and Louisiana.
The US sulphur dioxide cap and trade programme and lessons for climate policy
Robert N. Stavins, Gabriel Chan, Robert Stowe, Richard Sweeney, 12 August 2012
The sulphur dioxide (SO2) allowance-trading programme established under Title IV of the 1990 Clean Air Act Amendments (CAAA) was the world’s first large-scale pollutant cap-and-trade system.
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- Public debt and economic growth, one more timePanizza, Presbitero
- Escaping liquidity traps: Lessons from the UK’s 1930s escapeCrafts
- The lessons of the North Atlantic crisis for economic theory and policyStiglitz
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Reichlin, Baldwin, 14 April 2013
CEPR Policy Research
- Political Credit Cycles: The Case of the Euro ZoneFernández-Villaverde, Garicano, Santos
- Winning by Losing: Incentive Incompatibility in Multiple QualifiersDagaev, Sonin
- Income and schoolingBrückner, Gradstein
- Monetary Policy and Rational Asset Price BubblesGalí
- Does Supporting Passenger Railways Reduce Road Traffic Externalities?Lalive, Luechinger, Schmutzler
- How the EZ crisis is permanently changing EU institutionsMicossi
- WTO 2.0: Global governance of supply-chain tradeBaldwin
- Is US economic growth over? Faltering innovation confronts the six headwindsGordon
- The economic crisis: How to stimulate economies without increasing public debtWood
- Austerity: Too Much of a Good Thing?Corsetti