The Dilemmas of International Climate Change Negotiations and the Role for Linked Emissions Trading Schemes in the Post 2020

Larry Kreiser et al (eds), Market Instruments and the Protection of Natural Resources, Critical Issues in Environmental Taxation XIV (UK: Edward Elgar, 2016), pp. 204-219

TILEC Discussion Paper No. 2018-019

Posted: 3 Apr 2018 Last revised: 1 Jun 2018

Date Written: September 1, 2015

Abstract

This paper focuses on two important factors that undermined efforts to adopt legally binding commitments by all major emitters under the first commitment period of the Kyoto Protocol. Firstly, strict divisions between the developed and developing countries were formalised by the Kyoto Protocol. Secondly, there are common concerns which led governments from the key polluter countries to the conclusion that adhering to a legally binding agreement was irrational. Based on the lessons from the historical analysis that follows, I identify a key role for the linking of Emissions Trading Schemes (ETS) within the new framework for international cooperation under the Paris Agreement.

Keywords: Cimate Change, International Negotiations

JEL Classification: K32, K33, K42

Suggested Citation

Aydos, Elena, The Dilemmas of International Climate Change Negotiations and the Role for Linked Emissions Trading Schemes in the Post 2020 (September 1, 2015). Larry Kreiser et al (eds), Market Instruments and the Protection of Natural Resources, Critical Issues in Environmental Taxation XIV (UK: Edward Elgar, 2016), pp. 204-219; TILEC Discussion Paper No. 2018-019. Available at SSRN: https://ssrn.com/abstract=3152114

Elena Aydos (Contact Author)

Newcastle Law School ( email )

409 Hunter Street
Newcastle, 2308
Australia

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