Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.gloenvcha.2016.12.004 |
Addressing policy credibility problems for low-carbon investment | |
Nemet, Gregory F.1,2; Jakob, Michael1; Steckel, Jan Christoph1,3,4; Edenhofer, Ottmar1,3,4 | |
2017 | |
发表期刊 | GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS |
ISSN | 0959-3780 |
EISSN | 1872-9495 |
出版年 | 2017 |
卷号 | 42 |
文章类型 | Article |
语种 | 英语 |
国家 | Germany; USA |
英文摘要 | A combination of characteristics of the climate change problem make the credibility of future commitments crucial for climate policy: the long lifetimes of carbon dioxide in the atmosphere and of energy infrastructure requires a long term perspective; the inherently global aspects of the atmosphere as a public good requires international coordination; decarbonizing the global economy depends on the incentives for investment in innovation; and persistent uncertainty both about the problem and potential solutions necessitate adapting to new information. Even in a first best world, climate policy design needs to navigate a tradeoff between making commitments that are sufficiently credible to stimulate transformation and retaining flexibility to adjust. The goal of this paper is to use the experience in other policy areas to assemble a broad set of possible remedies for addressing credibility problems and then characterize the advantages and disadvantages of each. We first review the theory and practice of addressing credibility problems in monetary, fiscal, and trade policy. From this we derive a taxonomy of four policy design categories. As a preliminary example, we then apply this framework to assess the credibility of climate targets made by selected developing countries as part of the United Nations Framework Convention on Climate Change process. Finally, we evaluate the items in the taxonomy as policy alternatives in terms of their effects on incentives for investment in low-carbon technology. (C) 2016 Elsevier Ltd. All rights reserved. |
英文关键词 | Climate policy Credibility Commitment Flexibility INDCs |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000394634500005 |
WOS关键词 | CLIMATE POLICY ; POLITICS ; DISCRETION ; DRIVERS ; TARGETS ; ECONOMY ; RULES |
WOS类目 | Environmental Sciences ; Environmental Studies ; Geography |
WOS研究方向 | Environmental Sciences & Ecology ; Geography |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/37865 |
专题 | 气候变化 |
作者单位 | 1.Mercator Res Inst Global Commons & Climate Change, Torgauer Str 12-15, D-10829 Berlin, Germany; 2.Univ Wisconsin, La Follette Sch Publ Affairs, 1225 Observ Dr, Madison, WI 53706 USA; 3.Tech Univ Berlin, Str 17 Juni 152, D-10623 Berlin, Germany; 4.Potsdam Inst Climate Change Impact Res, Telegrafenberg 31, D-14473 Potsdam, Germany |
推荐引用方式 GB/T 7714 | Nemet, Gregory F.,Jakob, Michael,Steckel, Jan Christoph,et al. Addressing policy credibility problems for low-carbon investment[J]. GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS,2017,42. |
APA | Nemet, Gregory F.,Jakob, Michael,Steckel, Jan Christoph,&Edenhofer, Ottmar.(2017).Addressing policy credibility problems for low-carbon investment.GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS,42. |
MLA | Nemet, Gregory F.,et al."Addressing policy credibility problems for low-carbon investment".GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS 42(2017). |
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