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A U.S. Perspective on Future Climate Regimes


  • Pizer, William A.

    () (Resources for the Future)


Momentum may be building for federal climate change policy in the United States. Assuming this leads to mandatory greenhouse gas regulations, the door will be open for the United States to constructively re-engage other countries concerning an international climate regime. Such a regime will need to recognize that binding international limits are unlikely to attract U.S. participation and, therefore, will require a different approach than the Kyoto Protocol. In particular, a future regime will need to accommodate and encourage, rather than force or constrain, domestic actions to focus more narrowly on major economies and emitting nations, to balance mitigation and technology objectives, and to engage developing countries on as many levels as possible. In place of a heavy emphasis on negotiating commitments in advance, there likely will need to be greater emphasis on evaluating actions in retrospect. Such an approach not only matches recent trends in the United States but arguably follows from broader experience over the decade since the negotiation of the Kyoto Protocol.

Suggested Citation

  • Pizer, William A., 2007. "A U.S. Perspective on Future Climate Regimes," Discussion Papers dp-07-04, Resources For the Future.
  • Handle: RePEc:rff:dpaper:dp-07-04

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    References listed on IDEAS

    1. Fischer, Carolyn & Newell, Richard G., 2008. "Environmental and technology policies for climate mitigation," Journal of Environmental Economics and Management, Elsevier, vol. 55(2), pages 142-162, March.
    2. Warwick J. McKibbin & Martin T. Ross & Robert Shackleton & Peter J. Wilcoxen, 1999. "Emissions Trading, Capital Flows and the Kyoto Protocol," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 287-333.
    3. Weyant, John P., 2004. "Introduction and overview," Energy Economics, Elsevier, vol. 26(4), pages 501-515, July.
    4. John Foster & Werner Hölzl, 2004. "Introduction and overview," Chapters,in: Applied Evolutionary Economics and Complex Systems, chapter 1 Edward Elgar Publishing.
    5. repec:pri:cepsud:96bradford is not listed on IDEAS
    6. David F. Bradford, 2004. "Improving on Kyoto: Greenhouse Gas Control as the Purchase of a Global Public Good," Working Papers 106, Princeton University, Department of Economics, Center for Economic Policy Studies..
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    More about this item


    climate change; international treaty; Kyoto; emissions trading;

    JEL classification:

    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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