Politically feasible emissions targets to attain 460 ppm CO2 concentrations

Review of Environmental Economics and Policy

Volumn 6, Issue 1, 2012, Pages 86-109

  Bosetti, Valentina ^a   Frankel, Jeffrey ^b  

^a CENTRO EURO MEDITERRANEO SUI CAMBIAMENTI CLIMATICI   (Italy)

^b HARVARD UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

BIOMASS ALLOCATION; CARBON BUDGET; CARBON DIOXIDE; CARBON EMISSION; CLIMATE CHANGE; CONCENTRATION (COMPOSITION); COST; EMISSION CONTROL; ENVIRONMENTAL ECONOMICS; ENVIRONMENTAL POLITICS;

CHINA; UNITED STATES;

EID: 84856206764     PISSN: 17506816     EISSN: 17506824     Source Type: Journal    
DOI: 10.1093/reep/rer022     Document Type: Article

References (39)

1. Aldy, Joseph, Scott Barrett, and Robert Stavins. 2003. Thirteen plus one: A comparison of global climate architectures. Climate Policy 3 (4): 373-97.
2. Aldy, Joseph, and Jeffrey Frankel. 2004. Designing a regime of emission commitments for developing countries that is cost-effective and equitable, G20 Leaders and Climate Change, Council on Foreign Relations.
3. Aldy, Joseph, Peter Orszag, and Joseph Stiglitz. 2001. Climate change: An agenda for global collective action. The Pew Center Workshop on the Timing of Climate Change Policies. October.
4. Baer, Paul, Tom Athanasiou, Sivan Kartha, and Eric Kemp-Benedict. 2008. The greenhouse development rights framework: The right to development in a climate constrained world, 2nd ed. Stockholm, Sweden: Hendrich Boll Stiftung.
5. Barrett, Scott. 2006. Climate treaties and 'breakthrough' technologies. American Economic Review 96 (2): 22-25.
6. Bosetti, V., C. Carraro, M. Galeotti, E.Massetti, and M. Tavoni. 2006. WITCH: A world induced technical change hybrid model. The Energy Journal, pp. 13-38.
7. Bosetti, V., E. De Cian, A. Sgobbi, and M. Tavoni. 2009a. The 2008 WITCH model: New model features and baseline. Working paper no. 85, Fondazione Eni Enrico Mattei, Milan, Italy.
8. Bosetti, V., and Jeffrey Frankel. 2009. Global climate policy architecture and political feasibility: Specific formulas and emission targets to attain 460 ppm CO2 concentrations. FEEM Working Paper 92 and NBER Working Paper 15516.
9. Bosetti, V., E. Massetti, and M. Tavoni. 2007. The WITCH model. Structure, baseline, solutions. FEEM Working Paper no. 10.
10. Cao, Jing. 2009. Reconciling human development and climate protection: Perspectives from developing countries on post-2012 international climate change policy. In Post-Kyoto international climate policy, ed. Joe Aldy and Rob Stavins. Cambridge, UK: Cambridge University Press.
11. Clarke, Leon, Jae Edmonds, Volker Krey, Richard Richels, Steven Rose, andMassimo Tavoni. 2009. International climate policy architectures: Overview of the EMF 22 International Scenarios. Energy Economics 31 (2): S64-S81.
12. Edmonds, J. A., H. M. Pitcher, D. Barns, R. Baron, and M. A. Wise. 1992. Modeling future greenhouse gas emissions: The second generation model. In Modeling global climate change, ed. Lawrence Klein and Fuchen Lo, 295-340. Tokyo, Japan: United Nations University Press.
13. Edmonds, J. A., S. H. Kim, C. N. McCracken, R. D. Sands, and M. A. Wise. 1997. Return to 1990: The cost of mitigating United States carbon emission in the post-2000 period. Pacific Northwest National Laboratory, October..
14. Ellerman, Denny, and Barbara Buchner. 2008. Over-allocation or abatement? A preliminary analysis of the EU ETS based on the 2005-06 emissions data. Environmental and Resource Economics 41 (2): 267-87.
15. Financial Times. 2008. Japan pledges big cut in emissions. June 10, p. 6.
16. Frankel, Jeffrey. 1999. Greenhouse gas emissions. Policy Brief 52, Brookings Institution, Washington, DC.
17. Frankel, Jeffrey. 2005. You're getting warmer: The most feasible path for addressing global climate change does run through Kyoto. In Trade and environment: theory and policy in the context of EU enlargement and transition economies, ed. J. Maxwell and R. Reuveny. Cheltenham, UK: Edward Elgar Publishers.
18. Frankel, Jeffrey. 2007. Formulas for quantitative emission targets. In Architectures for agreement: Addressing global climate change in the post Kyoto world, ed. J. Aldy and R. Stavins. Cambridge, UK: Cambridge University Press.
19. Frankel, Jeffrey. 2009. An elaborated proposal for global climate policy architecture: Specific formulas and emission targets for all countries in all decades. In Post-Kyoto international climate policy, ed. Joe Aldy and Rob Stavins. Cambridge, UK: Cambridge University Press. NBER WP 18476.
20. Friedman, Lisa. 2008. South Korea: Developing countries move toward targets. ClimateWire, October 3.
21. Gore, Al. 1993. Earth in the balance. New York: Penguin Books.
22. Hammitt, James. 1999. Evaluation endpoints and climate policy: Atmospheric stabilization, benefitcost analysis, and near-term greenhouse gas emissions. Climatic Change 41: 447-68.
23. International Herald Tribune. 2008. South Korea plans to cap emissions. March 21.
24. Lutter, Randy. 2000. "Developing countries' greenhouse emissions: Uncertainty and implications for participation in the Kyoto Protocol. Energy Journal 21 (4): 93-120.
25. Manne, Alan, Robert Mendelsohn, and Richard Richels. 1995. MERGE: A model for evaluating regional and global effects of GHG reduction policies. Energy Policy 23 (1): 17-34.
26. 2 concentrations-Cost-effective emission reduction strategies. Stanford University and Electric Power Research Institute, April.
27. McKibbin, Warwick, and Peter Wilcoxen. 2007. A credible foundation for long term international cooperation on climate change. In Architectures for agreement: Addressing global climate change in the post-Kyoto world, ed. Joseph Aldy and Robert Stavins. Cambridge, UK: Cambridge University Press.
28. Metcalf, Gilbert E., and DavidWeisbach. 2012. Linking policies when tastes differ: Global climate policy in a heterogeneous world. Review of Environmental Economics and Policy 10.1093/reep/rer021.
29. Nordhaus, William. 1994. Managing the global commons: The economics of climate change. Cambridge, MA, MIT Press.
30. Nordhaus, William. 2006. Life after Kyoto: Alternative approaches global warming policies. American Economic Review, Papers and Proceedings 96 (2): 31-34.
31. Nordhaus, William. 2008. A question of balance: Weighing the options on global warming policies. New Haven, CT: Yale University Press.
32. Olmstead, Sheila, and Robert Stavins. 2006. An international policy architecture for the post-Kyoto era. American Economic Review, Papers and Proceedings 96 (2): 35-38.
33. Olmstead, Sheila, and Robert Stavins. 2012. Three key elements of a post-2012 international climate policy architecture. Review of Environmental Economics and Policy 10.1093/reep/ rer018.
34. Reuters. 2008. FACTBOX: Greenhouse gas curbs from Australia to India. September 5.
35. Victor, David. 2004. Climate change: Debating America's policy options. New York: Council on Foreign Relations.
36. Wagner, Gernot, James Wang, Stanislas de Margerie, and Daniel Dudek. 2008. The CLEAR path: How to ensure that if developing nations adopt carbon limits, their early actions will be rewarded. Environmental Defense Fund Working Paper, October 30.
37. Weyant, John. 2001. Economic models: How they work & why their results differ. In Climate change: Science, strategies, & solutions, ed. Eileen Claussen, Vicki Arroyo Cochran, and Debra Davis, 193-208. Leiden, Germany Brill Academic Press.
38. 2 stabilization in multi-gas context. In Humaninduced climate change: An interdisciplinary assessment, ed. M. E. Schlesinger. Cambridge, UK: Cambridge University Press.
39. Zhang, Yongsheng. 2008. An analytical framework and proposal to succeed Kyoto Protocol: A Chinese perspective. Development Research Center of the State Council, China, December.