
Contents
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6.1 Introduction 6.1 Introduction
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6.2 The Global Distribution of GHG Emissions: Past, Present, and Future 6.2 The Global Distribution of GHG Emissions: Past, Present, and Future
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6.3 Economic Logic versus Political Reality: The Conception and Failure of Kyoto 6.3 Economic Logic versus Political Reality: The Conception and Failure of Kyoto
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6.4 The Cancun Agreement 6.4 The Cancun Agreement
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6.5 Beyond Cancun 6.5 Beyond Cancun
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6.6 The Unsettling World of Border Measures 6.6 The Unsettling World of Border Measures
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6.6.1 Are Carbon Tariffs WTO-Legal? 6.6.1 Are Carbon Tariffs WTO-Legal?
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6.6.2 Are Carbon Tariffs Necessary? Part 1—The Problem in Theory 6.6.2 Are Carbon Tariffs Necessary? Part 1—The Problem in Theory
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6.6.3 Are Carbon Tariffs Necessary? Part 2—The Problem in Practice in the Short Run 6.6.3 Are Carbon Tariffs Necessary? Part 2—The Problem in Practice in the Short Run
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6.6.4 Are Carbon Tariffs Necessary? Part 3—The Problem in Practice in the Long Run 6.6.4 Are Carbon Tariffs Necessary? Part 3—The Problem in Practice in the Long Run
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6.6.5 Could Carbon Tariffs Be Implemented in Practice? 6.6.5 Could Carbon Tariffs Be Implemented in Practice?
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6.7 Conclusion 6.7 Conclusion
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References References
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References References
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Comment: Alex Bowen Comment: Alex Bowen
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Introduction Introduction
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The Apparent Conflict between Simple Economic Logic and Political Reality The Apparent Conflict between Simple Economic Logic and Political Reality
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What Will the Key Lines of Fracture Be among Nations in the Future? What Will the Key Lines of Fracture Be among Nations in the Future?
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Comparing “Ramp Up Policy Gently” and Going for a “Big Bang”? Comparing “Ramp Up Policy Gently” and Going for a “Big Bang”?
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Should National Policies Adopt the “Variable Geometries” Approach? Should National Policies Adopt the “Variable Geometries” Approach?
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6 Facing the Climate Change Challenge in a Global Economy
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Published:January 2014
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Abstract
Large, adverse effects of climate change are predicted in the decades to come and past greenhouse gas (GHG) emissions have missed supposedly agreed and achievable targets, a reflection of two deep problems of intergenerational and transnational collective action. One is that the full benefits of action today are uncertain and will not be felt until the distant future; the second is that, unlike most “local” pollution, GHG is a global externality problem, and most political decisions are national. In light of these problems, current “top down” approaches, e.g., Kyoto, may not be fruitful, compared to “bottom up” action at national or regional levels. With multi-speed policies “carbon tariffs” might also help address the externality problem, but could be a source of political friction.
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