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Cited by 116Climate Change Policy and EconomicsInternational Environmental Law and PoliciesClimate Change and Geoengineering

The DOI matches its Crossref record; 33 of the 34 references it cites were found in a registry or an index.

Negotiating effective institutions against climate change

Open access
Gollier, Christian, Tirole, Jean·2015·Economics of Energy & Environmental Policy
DOI 10.5547/2160-5890.4.2.cgol
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Abstract

In environmental matters, the free riding generated by the lack of collective action is aggravated by concerns about leakages and by the desire to receive compensation in future negotiations. The dominant “pledge-and-review” approach to mitigation will deliver appealing promises and renewed victory statements, only to prolong the waiting game. The climate change global commons problem will be solved only through coherent carbon pricing. We discuss the roadmap for the negotiation process. Negotiators must return to the fundamentals: the need for uniform carbon pricing across countries, for verification, and for a governance process to which countries would commit. Each country would enjoy subsidiarity in its allocation of efforts within the country. We suggest an enforcement scheme based on financial and trade penalties to induce all countries to participate and comply with the agreement. Finally, the choice among economic approaches, whether a carbon price commitment or a cap-andtrade, is subject to trade-offs, on which alternative reasonable views may co-exist. We discuss monitoring reasons for why we personally favor an international cap-and-trade agreement.

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Research works printed but not linked: 21

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Metadata

Authors
Gollier, C., & Tirole, J.
ORCID
Gollier, Christian
Venue
Economics of Energy & Environmental Policy
Publisher
International Association for Energy Economics (IAEE)
Published
2015-04-01
Volume
4
Issue
2
ISSN
2160-5882 (ISSN-L)
DOI
10.5547/2160-5890.4.2.cgol
OpenAlex
W2225701017
Cited by
116
References
34
Citations by year
2026: 2 · 2025: 7 · 2024: 6 · 2023: 11 · 2022: 10 · 2021: 14 · 2020: 16 · 2019: 10 · 2018: 9 · 2017: 8 · 2016: 16 · 2015: 7
FWCI
32.20
Type
journal article
Language
en
Open access
Licence
cc-by
Locations
  • Economics of Energy and Environmental Policy (publishedVersion, cc-by)
  • Toulouse Capitole Publications (University Toulouse 1 Capitole) (acceptedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
  • Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › International Environmental Law and Policies
  • Physical Sciences › Environmental Science › Global and Planetary Change › Climate Change and Geoengineering
Keywords
climate change negotiations, carbon pricing, emissions trading, free-riding, collective action, leakage, global commons, enforcement mechanisms, international climate agreements, subsidiarity

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