Contrasting Future Paths for an Evolving Global Climate Regime

This paper explores two different conceptions of how an emerging climate regime might evolve to strengthen incentives for more vigorous cooperation in mitigating global climate change. One is the paradigm that has figured most prominently in negoti...

Full description

Bibliographic Details
Main Authors: Barrett, Scott, Toman, Michael
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
AIR
CFC
CH4
CO
CO2
GHG
HFC
N2O
OIL
PP
SF6
Online Access:http://documents.worldbank.org/curated/en/2010/01/11599208/contrasting-future-paths-evolving-global-climate-regime
http://hdl.handle.net/10986/19953
id okr-10986-19953
recordtype oai_dc
spelling okr-10986-199532021-04-23T14:03:52Z Contrasting Future Paths for an Evolving Global Climate Regime Barrett, Scott Toman, Michael ABATEMENT ACID ACID PRODUCTION AFFORESTATION AIR AIRCRAFT ALLOCATION ALLOCATION OF ALLOWANCES ALLOWANCE ALLOWANCE ALLOCATION ALLOWANCE ALLOCATIONS ALLOWANCE TRADING ALUMINUM AMMONIA ATMOSPHERE CAPITAL COSTS CAPITAL STOCKS CAPS CARBON CARBON CAPTURE CARBON EMISSION CARBON EMISSIONS CARBON INTENSITY CFC CH4 CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CLIMATE CHANGE CATASTROPHES CLIMATE POLICY CLIMATE SYSTEM CO CO2 COMPLIANCE COSTS CONCENTRATION TARGET COST EFFECTIVENESS COSTS OF ABATEMENT DAMAGES DEFORESTATION DEVELOPED COUNTRIES DIFFUSION DISCOUNT RATE DOMESTIC EMISSIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC IMPACTS ECONOMIES OF SCALE ECOSYSTEM ELECTRIC POWER ELECTRICITY ELECTRICITY GENERATION ELECTRICITY SECTOR EMISSION EMISSION ALLOWANCES EMISSION CONTROL EMISSION QUOTAS EMISSION REDUCTION EMISSION REDUCTION TARGETS EMISSION REDUCTIONS EMISSION TARGETS EMISSIONS ALLOWANCES EMISSIONS INTENSITY EMISSIONS LEVELS EMISSIONS LIMITS EMISSIONS OF METHANE EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY EFFICIENCY ENERGY POLICY ENERGY USE ENTITLEMENTS ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLICY ENVIRONMENTAL PROTECTION ENVIRONMENTAL PROTECTION AGENCY EXTERNALITIES EXTREME WEATHER EXTREME WEATHER EVENTS FEASIBILITY FINANCIAL ASSISTANCE FINANCIAL RESOURCES FINANCIAL SUPPORT FINANCIAL TRANSFERS FOREST FOREST COVER FOREST COVER CHANGE FOREST PROTECTION FORESTRY FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL EFFICIENCY FUEL STANDARDS GHG GHGS GLOBAL CARBON MARKET GLOBAL CLIMATE CHANGE GLOBAL EMISSIONS GLOBAL WARMING GLOBAL WARMING TREATY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HFC HFCS HYDROFLUOROCARBONS HYDROGEN INCOME INDUSTRIAL GASES INSURANCE INTERNATIONAL AIR TRAVEL INTERNATIONAL AVIATION INTERNATIONAL EMISSIONS INTERNATIONAL TRADING IPCC LAND USE LAND USE CHANGE LANDFILLS MAGNESIUM MARGINAL COSTS MARINE TRANSPORT MARITIME TRANSPORT METHANE MONTREAL MONTREAL PROTOCOL MONTREAL PROTOCOL ON SUBSTANCES THAT DEPLETE THE OZONE LAYER N2O NATIONAL EMISSION NATIONAL EMISSION REDUCTION NATIONAL EMISSIONS NITROUS OXIDE NYLON OIL OZONE OZONE DEPLETION PERFORMANCE STANDARD PERFORMANCE STANDARDS PETROCHEMICALS PFCS POLICY IMPLICATIONS POLITICAL ECONOMY POLLUTION PORTFOLIO PP PRICE SIGNAL PUBLIC ECONOMICS PUBLIC GOOD RAINFALL REDUCING EMISSIONS RENEWABLE ENERGY RESOURCE ALLOCATIONS RESOURCE ECONOMICS RIDER RISKS OF CLIMATE CHANGE ROAD ROAD TRANSPORT SAFETY SF6 SHADOW PRICE SIDE PAYMENTS STABILIZATION STRATOSPHERE STRATOSPHERIC OZONE SULFUR SULFUR HEXAFLUORIDE SUSTAINABLE DEVELOPMENT TEMPERATURE TEMPERATURE CHANGE TOTAL EMISSIONS TRANSACTIONS COSTS TRANSPARENCY TRANSPORT SECTOR TRANSPORTATION VEHICLE VEHICLES WASTEWATER TREATMENT This paper explores two different conceptions of how an emerging climate regime might evolve to strengthen incentives for more vigorous cooperation in mitigating global climate change. One is the paradigm that has figured most prominently in negotiations to this point: the establishment of targets and timetables for countries to limit their aggregate greenhouse gas emissions. The other approach consists of a variety of loosely coordinated smaller scale agreements, each one of which addresses a different aspect of the challenge, and is enforced in its own way. The primary conclusion is that an agreement of the first type may be more cost-effective, but that a system of agreements of the second type would likely sustain more abatement overall. 2014-09-02T21:38:17Z 2014-09-02T21:38:17Z 2010-01 http://documents.worldbank.org/curated/en/2010/01/11599208/contrasting-future-paths-evolving-global-climate-regime http://hdl.handle.net/10986/19953 English en_US Policy Research Working Paper;No. 5164 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABATEMENT
ACID
ACID PRODUCTION
AFFORESTATION
AIR
AIRCRAFT
ALLOCATION
ALLOCATION OF ALLOWANCES
ALLOWANCE
ALLOWANCE ALLOCATION
ALLOWANCE ALLOCATIONS
ALLOWANCE TRADING
ALUMINUM
AMMONIA
ATMOSPHERE
CAPITAL COSTS
CAPITAL STOCKS
CAPS
CARBON
CARBON CAPTURE
CARBON EMISSION
CARBON EMISSIONS
CARBON INTENSITY
CFC
CH4
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLIMATE
CLIMATE CHANGE CATASTROPHES
CLIMATE POLICY
CLIMATE SYSTEM
CO
CO2
COMPLIANCE COSTS
CONCENTRATION TARGET
COST EFFECTIVENESS
COSTS OF ABATEMENT
DAMAGES
DEFORESTATION
DEVELOPED COUNTRIES
DIFFUSION
DISCOUNT RATE
DOMESTIC EMISSIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC IMPACTS
ECONOMIES OF SCALE
ECOSYSTEM
ELECTRIC POWER
ELECTRICITY
ELECTRICITY GENERATION
ELECTRICITY SECTOR
EMISSION
EMISSION ALLOWANCES
EMISSION CONTROL
EMISSION QUOTAS
EMISSION REDUCTION
EMISSION REDUCTION TARGETS
EMISSION REDUCTIONS
EMISSION TARGETS
EMISSIONS ALLOWANCES
EMISSIONS INTENSITY
EMISSIONS LEVELS
EMISSIONS LIMITS
EMISSIONS OF METHANE
EMISSIONS REDUCTION
EMISSIONS REDUCTIONS
ENERGY EFFICIENCY
ENERGY POLICY
ENERGY USE
ENTITLEMENTS
ENVIRONMENTAL
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL PROTECTION AGENCY
EXTERNALITIES
EXTREME WEATHER
EXTREME WEATHER EVENTS
FEASIBILITY
FINANCIAL ASSISTANCE
FINANCIAL RESOURCES
FINANCIAL SUPPORT
FINANCIAL TRANSFERS
FOREST
FOREST COVER
FOREST COVER CHANGE
FOREST PROTECTION
FORESTRY
FOSSIL FUEL
FOSSIL FUELS
FRAMEWORK CONVENTION ON CLIMATE CHANGE
FUEL EFFICIENCY
FUEL STANDARDS
GHG
GHGS
GLOBAL CARBON MARKET
GLOBAL CLIMATE CHANGE
GLOBAL EMISSIONS
GLOBAL WARMING
GLOBAL WARMING TREATY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HFC
HFCS
HYDROFLUOROCARBONS
HYDROGEN
INCOME
INDUSTRIAL GASES
INSURANCE
INTERNATIONAL AIR TRAVEL
INTERNATIONAL AVIATION
INTERNATIONAL EMISSIONS
INTERNATIONAL TRADING
IPCC
LAND USE
LAND USE CHANGE
LANDFILLS
MAGNESIUM
MARGINAL COSTS
MARINE TRANSPORT
MARITIME TRANSPORT
METHANE
MONTREAL
MONTREAL PROTOCOL
MONTREAL PROTOCOL ON SUBSTANCES THAT DEPLETE THE OZONE LAYER
N2O
NATIONAL EMISSION
NATIONAL EMISSION REDUCTION
NATIONAL EMISSIONS
NITROUS OXIDE
NYLON
OIL
OZONE
OZONE DEPLETION
PERFORMANCE STANDARD
PERFORMANCE STANDARDS
PETROCHEMICALS
PFCS
POLICY IMPLICATIONS
POLITICAL ECONOMY
POLLUTION
PORTFOLIO
PP
PRICE SIGNAL
PUBLIC ECONOMICS
PUBLIC GOOD
RAINFALL
REDUCING EMISSIONS
RENEWABLE ENERGY
RESOURCE ALLOCATIONS
RESOURCE ECONOMICS
RIDER
RISKS OF CLIMATE CHANGE
ROAD
ROAD TRANSPORT
SAFETY
SF6
SHADOW PRICE
SIDE PAYMENTS
STABILIZATION
STRATOSPHERE
STRATOSPHERIC OZONE
SULFUR
SULFUR HEXAFLUORIDE
SUSTAINABLE DEVELOPMENT
TEMPERATURE
TEMPERATURE CHANGE
TOTAL EMISSIONS
TRANSACTIONS COSTS
TRANSPARENCY
TRANSPORT SECTOR
TRANSPORTATION
VEHICLE
VEHICLES
WASTEWATER TREATMENT
spellingShingle ABATEMENT
ACID
ACID PRODUCTION
AFFORESTATION
AIR
AIRCRAFT
ALLOCATION
ALLOCATION OF ALLOWANCES
ALLOWANCE
ALLOWANCE ALLOCATION
ALLOWANCE ALLOCATIONS
ALLOWANCE TRADING
ALUMINUM
AMMONIA
ATMOSPHERE
CAPITAL COSTS
CAPITAL STOCKS
CAPS
CARBON
CARBON CAPTURE
CARBON EMISSION
CARBON EMISSIONS
CARBON INTENSITY
CFC
CH4
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLIMATE
CLIMATE CHANGE CATASTROPHES
CLIMATE POLICY
CLIMATE SYSTEM
CO
CO2
COMPLIANCE COSTS
CONCENTRATION TARGET
COST EFFECTIVENESS
COSTS OF ABATEMENT
DAMAGES
DEFORESTATION
DEVELOPED COUNTRIES
DIFFUSION
DISCOUNT RATE
DOMESTIC EMISSIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC IMPACTS
ECONOMIES OF SCALE
ECOSYSTEM
ELECTRIC POWER
ELECTRICITY
ELECTRICITY GENERATION
ELECTRICITY SECTOR
EMISSION
EMISSION ALLOWANCES
EMISSION CONTROL
EMISSION QUOTAS
EMISSION REDUCTION
EMISSION REDUCTION TARGETS
EMISSION REDUCTIONS
EMISSION TARGETS
EMISSIONS ALLOWANCES
EMISSIONS INTENSITY
EMISSIONS LEVELS
EMISSIONS LIMITS
EMISSIONS OF METHANE
EMISSIONS REDUCTION
EMISSIONS REDUCTIONS
ENERGY EFFICIENCY
ENERGY POLICY
ENERGY USE
ENTITLEMENTS
ENVIRONMENTAL
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL POLICY
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL PROTECTION AGENCY
EXTERNALITIES
EXTREME WEATHER
EXTREME WEATHER EVENTS
FEASIBILITY
FINANCIAL ASSISTANCE
FINANCIAL RESOURCES
FINANCIAL SUPPORT
FINANCIAL TRANSFERS
FOREST
FOREST COVER
FOREST COVER CHANGE
FOREST PROTECTION
FORESTRY
FOSSIL FUEL
FOSSIL FUELS
FRAMEWORK CONVENTION ON CLIMATE CHANGE
FUEL EFFICIENCY
FUEL STANDARDS
GHG
GHGS
GLOBAL CARBON MARKET
GLOBAL CLIMATE CHANGE
GLOBAL EMISSIONS
GLOBAL WARMING
GLOBAL WARMING TREATY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HFC
HFCS
HYDROFLUOROCARBONS
HYDROGEN
INCOME
INDUSTRIAL GASES
INSURANCE
INTERNATIONAL AIR TRAVEL
INTERNATIONAL AVIATION
INTERNATIONAL EMISSIONS
INTERNATIONAL TRADING
IPCC
LAND USE
LAND USE CHANGE
LANDFILLS
MAGNESIUM
MARGINAL COSTS
MARINE TRANSPORT
MARITIME TRANSPORT
METHANE
MONTREAL
MONTREAL PROTOCOL
MONTREAL PROTOCOL ON SUBSTANCES THAT DEPLETE THE OZONE LAYER
N2O
NATIONAL EMISSION
NATIONAL EMISSION REDUCTION
NATIONAL EMISSIONS
NITROUS OXIDE
NYLON
OIL
OZONE
OZONE DEPLETION
PERFORMANCE STANDARD
PERFORMANCE STANDARDS
PETROCHEMICALS
PFCS
POLICY IMPLICATIONS
POLITICAL ECONOMY
POLLUTION
PORTFOLIO
PP
PRICE SIGNAL
PUBLIC ECONOMICS
PUBLIC GOOD
RAINFALL
REDUCING EMISSIONS
RENEWABLE ENERGY
RESOURCE ALLOCATIONS
RESOURCE ECONOMICS
RIDER
RISKS OF CLIMATE CHANGE
ROAD
ROAD TRANSPORT
SAFETY
SF6
SHADOW PRICE
SIDE PAYMENTS
STABILIZATION
STRATOSPHERE
STRATOSPHERIC OZONE
SULFUR
SULFUR HEXAFLUORIDE
SUSTAINABLE DEVELOPMENT
TEMPERATURE
TEMPERATURE CHANGE
TOTAL EMISSIONS
TRANSACTIONS COSTS
TRANSPARENCY
TRANSPORT SECTOR
TRANSPORTATION
VEHICLE
VEHICLES
WASTEWATER TREATMENT
Barrett, Scott
Toman, Michael
Contrasting Future Paths for an Evolving Global Climate Regime
relation Policy Research Working Paper;No. 5164
description This paper explores two different conceptions of how an emerging climate regime might evolve to strengthen incentives for more vigorous cooperation in mitigating global climate change. One is the paradigm that has figured most prominently in negotiations to this point: the establishment of targets and timetables for countries to limit their aggregate greenhouse gas emissions. The other approach consists of a variety of loosely coordinated smaller scale agreements, each one of which addresses a different aspect of the challenge, and is enforced in its own way. The primary conclusion is that an agreement of the first type may be more cost-effective, but that a system of agreements of the second type would likely sustain more abatement overall.
format Publications & Research :: Policy Research Working Paper
author Barrett, Scott
Toman, Michael
author_facet Barrett, Scott
Toman, Michael
author_sort Barrett, Scott
title Contrasting Future Paths for an Evolving Global Climate Regime
title_short Contrasting Future Paths for an Evolving Global Climate Regime
title_full Contrasting Future Paths for an Evolving Global Climate Regime
title_fullStr Contrasting Future Paths for an Evolving Global Climate Regime
title_full_unstemmed Contrasting Future Paths for an Evolving Global Climate Regime
title_sort contrasting future paths for an evolving global climate regime
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2010/01/11599208/contrasting-future-paths-evolving-global-climate-regime
http://hdl.handle.net/10986/19953
_version_ 1764444145373413376