Numéro |
J. Phys. IV France
Volume 121, December 2004
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Page(s) | 161 - 170 | |
DOI | https://doi.org/10.1051/jp4:2004121010 |
J. Phys. IV France 121 (2004) 161-170
DOI: 10.1051/jp4:2004121010
Economic approach to climate policies and stakes of international negotiations
P. Criqui and D. CavardLEPII-EPE, BP. 47, 38040 Grenoble Cedex 9, France
Abstract
This article deals with the different modalities that
exist to manage a problem of collective action facing the climate change
problem, which could affect the living conditions and economic activities of
all the regions of the world. Economists are doubly concerned by this
danger, first, in terms of defining response policies, second by the way of
producing a public good. In the first part are reviewed some of the
principles and methods of the economic approach to these subjects: (i) the
debate between Cost-Benefit Analysis and Cost-Effectiveness Analysis, (ii)
regulation by prices or quantities and the way models use "environmental
economics tools" that are taxes, tradable permits, norms and standards and
hybrid instruments like "standards and charges" or "safety valve", (iii)
use and limit of economic models in international climate negotiation. The
second part uses the concepts of the International Political Economy for
studying the process of organising joint action at the global level that is
finding a governance model for the global environment. It uses the concepts
of international regime and of leadership and defines the principal rules
and institutions of the existing international agreements, with their
achievements and weaknesses. It finally identifies four scenarios for the
future of collective action.
© EDP Sciences 2004