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"Economic" and "Political" cooperation in various climate policy scenarios

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  • Bertrand Hamaide

Abstract

Cooperation in the economic sense considers efficiency issues. Cooperation in the political sense, like the Kyoto Protocol, considers other issues like equity and historical responsibility. The environmental and economic impacts of the Kyoto Protocol and other scenarios are thus examined. The US pullout may then be viewed, among others, as the result of not untying "economic" and "political" cooperation; and since the Protocol will be much less effective without the US, it is shown that an external economic stimulus should and may theoretically be found for retaining their participation.

Suggested Citation

  • Bertrand Hamaide, 2003. ""Economic" and "Political" cooperation in various climate policy scenarios," Climate Policy, Taylor & Francis Journals, vol. 3(2), pages 171-177, June.
  • Handle: RePEc:taf:tcpoxx:v:3:y:2003:i:2:p:171-177
    DOI: 10.3763/cpol.2003.0320
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    1. Parkash Chandler & Henry Tulkens & Jean-Pascal Ypersele & Stephane Willems, 2006. "The Kyoto Protocol: An Economic and Game Theoretic Interpretation," Springer Books, in: Parkash Chander & Jacques Drèze & C. Knox Lovell & Jack Mintz (ed.), Public goods, environmental externalities and fiscal competition, chapter 0, pages 195-215, Springer.
    2. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39.
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