Facing the Climate Change Challenge in a Global Economy

47 Pages Posted: 15 Jul 2012 Last revised: 19 Oct 2014

See all articles by Lee Branstetter

Lee Branstetter

Carnegie Mellon University - H. John Heinz III School of Public Policy and Management; National Bureau of Economic Research (NBER)

William A. Pizer

Duke University

Multiple version iconThere are 2 versions of this paper

Date Written: July 2012

Abstract

Over the past two decades, the international community has struggled to deal constructively with the problem of mitigating climate change. This is considered by many to be the preeminent public policy challenge of our time, but actual policy responses have been relatively modest. This essay provides an abbreviated narrative history of international policy in this domain, with a special emphasis on aspects of the problem, proposed solutions, and unresolved issues that are of interest to international economists and informed observers of the global economic system. We also discuss the potential conflict that could emerge between free trade principles on the one hand and environmental policy objectives on the other.

Suggested Citation

Branstetter, Lee and Pizer, William A., Facing the Climate Change Challenge in a Global Economy (July 2012). NBER Working Paper No. w18214. Available at SSRN: https://ssrn.com/abstract=2107529

Lee Branstetter (Contact Author)

Carnegie Mellon University - H. John Heinz III School of Public Policy and Management ( email )

Pittsburgh, PA 15213-3890
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

William A. Pizer

Duke University ( email )

100 Fuqua Drive
Durham, NC 27708-0204
United States

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