Posts tagged…Kyoto
Stern is mistaken to think binding targets will work
Sun, Dec 02 2007
Sir Nicholas Stern argues, ahead of the Bali meeting of the UNFCCC, for binding, differentiated emission targets and international trading. I think his own address betrays the fundamental problem with this approach to a collaborative regime for climate change mitigation.
Experience alone should make any student of history or economics deeply skeptical of a negotiated assignment of effective…
Read more…What the collapse of the Doha talks means for agreement on climate
Tue, Jun 26 2007
The news that the WTO talks had collapsed again probably deserves the familiar gripes and even the bored yawns that greeted it. But behind this story is a worrying lesson about the potential for agreement on other global challenges, like climate change.
Ignoring the WTO jargon, the collapse of the talks is a story about how the world has changed in the past half century or so since the WTO rules…
Design of a multilateral regime for emissions trading
Sat, Mar 10 2007
The most difficult questions about the management of climate change are not about taxes or trading but about the weakness of multilateral regimes. Their recent history should worry anyone who wants a global answer to a problem of managing a global commons.
In my submission to the Prime Minister’s Task Force on Emissions Trading I draw some lessons from the history of multilateral trade and…