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Begin New Search Topic Climate Change Political Geography Global Focus Content Type Working Paper Publication Year within 5 Years

21. We Will Build the Future: A Plan to Save the Planet

Author:
Tricontinental: Institute for Social Research
Publication Date:
01-2022
Content Type:
Working Paper
Institution:
Tricontinental: Institute for Social Research
Abstract:
Under the leadership of the Bolivarian Alliance for the Peoples of Our America – People’s Trade Treaty (ALBA-TCP), Tricontinental: Institute for Social Research partnered with 26 research institutes from around the world to draft A Plan to Save the Planet. This living, evolving document puts forward a vision for the present and the immediate future centred on twelve key themes: democracy and the world order, the environment, finance, health, housing, food, education, work, care, women, culture, and the digital world. Dossier no. 48 includes and elaborates on the Plan and lays out our orientation, principles, and horizon.
Topic:
Climate Change, Environment, Regional Cooperation, and Green Technology
Political Geography:
Global Focus

22. The portfolio of economic policies needed to fight climate change

Author:
Olivier Blanchard, Christian Gollier, and Jean Tirole
Publication Date:
11-2022
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
Climate change poses an existential threat. The authors argue that carbon pricing and green research and development (R&D) support are good economics, but their implementation can be improved. Even if carbon prices are generalized and given more substance, green R&D is still likely to be smaller than needed. Much more money must be spent on it than is now the case, and this money must be properly allocated in order to have an impact. Moreover, done well, other policies, such as standards, bans, and targeted subsidies, can be good economics. But they have often been incoherent and their implementation is delicate. The authors also argue that domestic and international compensation is key to the acceptability of efficient policies. Finally, although a country’s emissions will not materially alter the course of climate change, individual countries can still show the way ahead: They can develop technologies that can be used by other, poorer, countries. They can provide leadership/momentum on global agreements and on the need to fund climate change policies in developing economies.
Topic:
Climate Change, Economy, Green Technology, Carbon Emissions, and Research and Development
Political Geography:
Global Focus

23. How carbon tariffs and climate clubs can slow global warming

Author:
Shantayanan Devarajan, Delfin S. Go, Sherman Robinson, and Karen Thierfelder
Publication Date:
09-2022
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
Slowing global warming requires countries to reduce carbon emissions, which imposes costs on their economies. To be effective, most countries must agree collectively to participate (e.g., the Paris Agreement, COP26). However, every country has an incentive not to comply and still reap the benefits of other countries’ actions—a classic free-rider problem. This paper evaluates recent recommendations to use trade policy to solve the free-rider problem associated with climate mitigation strategies. It shows that the European Union’s carbon border adjustment mechanism (CBAM tariffs) are effective at offsetting the unfair competitive advantage of noncompliant countries in the markets of compliant countries but have little effect on the trade of noncompliant countries, who can divert trade to other noncompliers. CBAM tariffs alone have little impact on global CO2 emissions. The paper also examines “climate clubs” (coalitions of countries that agree to impose carbon taxes or other equivalent policies and impose punitive tariffs on non-club members to induce them to join the club). It finds that punitive climate club tariffs can be effective in inflicting significant damage on the economies of nonmembers, providing a strong incentive for them to join the club. The paper identifies trade dependence between club and non-club members as an important consideration for the success of a climate club. Club members that are strongly linked to non-club members suffer losses when the club punishes non-club members, which would make them hesitant to impose punitive tariffs on a major nonmember trading partner.
Topic:
Climate Change, Economics, Tariffs, and Carbon Emissions
Political Geography:
Global Focus

24. A reform strategy to transform energy: From piecemeal to systemwide change

Author:
Steven Fries
Publication Date:
08-2022
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
The Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment Report on Climate Change Mitigation highlights the vast gap between climate change mitigation actions and climate stabilization goals. But its broad policy prescriptions are likely to leave policymakers pondering what specific actions to take. Informed by accumulating evidence on transforming aspects of energy systems like power generation from solar and wind resources and battery electric cars, this paper develops a more pointed energy reform strategy than that of the IPCC to deliver the necessary systemwide changes. It makes the case for two unorthodox policies. One is for governments to provide, in addition to R&D supports, market-creating supports for early deployment of low-carbon technologies in initial markets. The second is to sequence emissions pricing after innovation and market-creating supports and differentiate this pricing across key energy sectors rather than imposing one economywide price. Compared with a single price, targeting higher emissions pricing on sectors that are costlier to decarbonize still promotes cost-effective emission cuts but limits adverse distributional impacts. The paper also considers nonprice barriers to change and ways to coordinate domestic reforms across countries.
Topic:
Climate Change, Economics, Reform, Carbon Emissions, and Energy
Political Geography:
Global Focus

25. Carbon dioxide removal in a global analytical climate economy

Author:
Martin Quaas, Felix Meier, Wilfried Rickels, and Christian Traeger
Publication Date:
07-2022
Content Type:
Working Paper
Institution:
Kiel Institute for the World Economy (IfW)
Abstract:
Net-zero climate policies foresee deployment of atmospheric carbon dioxide removal wit geo-logical, terrestrial, or marine carbon storage. While terrestrial and geological storage would be governed under the framework of national property rights, marine storage implies that carbon is transferred from one global common, the atmosphere, to another global common, the ocean, in particular if storage exceeds beyond coastal applications. This paper investigates the option of carbon dioxide removal (CDR) and storage in different (marine) reservoir types in an analytic climate-economy model, and derives implications for optimal mitigation efforts and CDR deployment. We show that the introduction of CDR lowers net energy input and net emis-sions over the entire time path. Furthermore, CDR affects the Social Cost of Carbon (SCC) via changes in total economic output but leaves the analytic structure of the SCC unchanged. In the first years after CDR becomes available the SCC is lower and in later years it is higher com-pared to a standard climate-economy model. Carbon dioxide emissions are first higher and then lower relative to a world without CDR. The paper provides the basis for the analysis of decentralized and potentially non-cooperative CDR policies.
Topic:
Climate Change, Economy, Carbon Tax, and Carbon Emissions
Political Geography:
Global Focus

26. The impact of trade and trade policy on the environment and the climate: A review

Author:
Gabriel Felbermayr and Sonja Peterson
Publication Date:
09-2022
Content Type:
Working Paper
Institution:
Kiel Institute for the World Economy (IfW)
Abstract:
While international trade can offer gains from specialization and access to a wider range of products, it is also closely interlinked with global environmental problems, above all, anthropogenic climate change. This survey provides a structured overview of the economic literature on the interaction between environmental outcomes, trade, environmental policy and trade policy. In this endeavor, it covers approaches reaching from descriptive data analysis based on Input‐Output tables, over quantitative trade models and econometric studies to game‐theoretic analyses. Addressed issues are in particular the emission content of trade and emissions along value chains, the relocation of dirty firms and environmental impacts abroad, impacts of specific trade polices (such as trade agreements or tariffs) or environmental policy (such as Border Carbon Adjustment), transportation emissions, as well as the role of firms. Across the different topics covered, the paper also tries to identify avenues for future research, with a particular focus on extending quantitative trade and environment models.
Topic:
Climate Change, Environment, International Trade and Finance, Trade, and Carbon Emissions
Political Geography:
Global Focus

27. The Consequences of Unilateral Withdrawals from the Paris Agreement

Author:
Mario Larch and Joschka Wanner
Publication Date:
11-2022
Content Type:
Working Paper
Institution:
Kiel Institute for the World Economy (IfW)
Abstract:
International cooperation is at the core of multilateral climate policy. How is its effectiveness harmed by individual countries dropping out of the global mitigation effort? We develop a multisector structural trade model with emissions from production and a constant elasticity of fossil fuel supply function to simulate the consequences of unilateral withdrawals from the Paris Agreement. Taking into account both direct and leakage effects, we őnd that a US withdrawal would eliminate more than a third of the world emissions reduction (31.8% direct effect and 6.4% leakage effect), while a potential Chinese withdrawal lowers the world emission reduction by 24.1% (11.9% direct effect and 12.2% leakage effect). The substantial leakage is primarily driven by technique effects induced by falling international fossil fuel prices.
Topic:
Climate Change, International Trade and Finance, Fossil Fuels, Carbon Emissions, and Paris Agreement
Political Geography:
Global Focus and United States of America

28. Framing Climate Change: The Need for a Human Security Perspective

Author:
S. Nanthini and Tamara Nair
Publication Date:
09-2021
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Climate change has now become the defining issue of the time – and one of the biggest threats to humanity. The recent Intergovernmental Panel on Climate Change (IPCC) report has proven to be a “reality check”, making it clear that climate change is already affecting the world by laying out its various manifestations including temperature increases, sea level rise and changes in rainfall patterns. With the stress placed on the economic, social and political systems that underpin the international system, it is now becoming increasingly clear that climate change is a development, economic, health, and security risk, – essentially a human and national security risk. The impacts of climate change range from the direct, as seen by the increasing frequency and intensity of extreme weather phenomena, to the indirect, such as migration, resource scarcity and conflict – situations in which climate change acts as a ‘threat multiplier’. As such, it is now imperative to take into account the ways in which climate change is discussed, moving the discourse beyond the environmental, scientific and securitisation framings, which have dominated academic and policy discussions, into one that is more humanistic, taking into account the present and emerging vulnerabilities that are being generated through “dynamic social, political, economic, institutional, cultural and technological conditions and their historical legacies”. With the renewed interest in human security as seen in the release of the 2020 Human Development Report and its focus on the Anthropocene, as well as the latest IPCC findings released in August 2021, there is an urgency in focusing on, not only human-induced climate change but also in addressing the impacts of this climate variability on the global populations, especially the millions of vulnerable people that will be directly (and indirectly) affected. This NTS Insight will explore how investigating the impacts of climate change through a human security lens, in addition to the current narratives, might ensure the security and stability of communities in a new climate future.
Topic:
Security, Climate Change, Environment, and Strategic Stability
Political Geography:
Global Focus

29. Annex | ALNAP Lessons Paper: Adapting humanitarian action to climate change

Author:
Véronique de Geoffroy, Paul Knox Clarke, François Grunewald, and Mihir Bhatt
Publication Date:
10-2021
Content Type:
Working Paper
Institution:
ALNAP: Active Learning Network for Accountability and Performance
Abstract:
Humanitarian agencies need to reflect on the past, learn from the present and actively imagine the near and increasingly threatening future. From excessive consumption to the over-exploitation of natural resources, polluting activities to large-scale deforestation, humans have already dramatically changed the Earth’s climate and environment. As a result, we are experiencing more frequent and more intense weather events, the humanitarian consequences of which are major. Droughts, flooding and tropical storms cause death, disease, destruction and large-scale population displacement. Public health emergencies are already increasing because of these changes. Conflicts and conflict situations may increase, as may the resulting human migration and displacement. Humanitarian actors working on the ground with climate-related disasters are well placed to observe the intensification of climate-related effects and the increasing complexity of extreme weather events in all regions of the world, including regions where such events were previously rare or unknown. This annex accompanies the ALNAP Lessons Paper: Adapting humanitarian action to climate change, which aims to inform the work of humanitarian practitioners in the face of future climate-related disasters.
Topic:
Climate Change, Natural Disasters, Crisis Management, and Humanitarian Organizations
Political Geography:
Global Focus

30. Can Panel Data Methodologies Determine the Impact of Climate Change on Economic Growth?

Author:
Richard A. Rosen
Publication Date:
12-2021
Content Type:
Working Paper
Institution:
Institute for New Economic Thinking (INET)
Abstract:
Several major papers have been published over the last ten years claiming to have detected the impact of either annual variations in weather or climate change on the GDPs of most countries in the world using panel data-based statistical methodologies. These papers rely on various multivariate regression equations which include the annual average temperatures for most countries in the world as one or more of the independent variables, where the usual dependent variable is the change in annual GDP for each country from one year to the next year over 30-50 year time periods. Unfortunately, the quantitative estimates derived in these papers are misleading because the equations from which they are calculated are wrong. The major reason the resulting regression equations are wrong is because they do not include any of the appropriate and usual economic factors or variables which are likely to be able to explain changes in GDP/economic growth whether or not climate change has already impacted each country’s economy. These equations, in short, exhibit suffer from “omitted variable bias,” to use statistical terminology.
Topic:
Climate Change, Economics, Economic Growth, and Methodology
Political Geography:
Global Focus