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Report
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English

The Political Economy of Climate Change Policies: Political Economy Aspects of Climate Change Mitigation Efforts

Contributors

De Melo, Jaime; Mathys, Nicole

Mandator

Fondation pour les Études et Recherches sur le Développement International

Number of pages

21

Publisher

Clermont-Ferrand : Fondation pour les Études et Recherches sur le Développement International

Collection

  • FERDI, Working Paper; WP 24.2011

Publication date

2011

Abstract

Regardless of the policies used to mitigate climate change, a positive and relatively high price of carbon will have to be established, with slow convergence across regions, leading to huge rents up to capture, way beyond those that have been fought over in the GATT-based international trading system. The paper explores the political-economy, feasibility and desirability implications of the two main alternatives, a carbon tax and a cap-and-trade (CAT) system. Having the same concerns, CAT systems in the EU and the US have accounted for different outcomes in each case. Likely leakages under foreseeable carbon prices are estimated to be small and not of an order of magnitude justifying the special allowances sought across a wide spectrum of industries.

Keywords

  • Climate change
  • Mitigation
  • Cap-and-trade
  • Political economy

UNIGE affiliation entities

Citation (ISO format)

DE MELO, Jaime, MATHYS, Nicole. The Political Economy of Climate Change Policies: Political Economy Aspects of Climate Change Mitigation Efforts. 2011

Main files (1)

Report

Identifiers

  • PID : unige:55404

Additional URL for this publication

http://www.ferdi.fr/sites/www.ferdi.fr/files/publication/fichiers/P24_Mayhys_deMelo_WEB.pdf
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366downloads

Technical informations

Creation

26/03/2015 19:11:00

First validation

26/03/2015 19:11:00

Update

14/03/2023 23:10:05

Status update

14/03/2023 23:10:05

Last indexation

30/10/2024 23:53:19
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