Jeffrey Frankel
James W. Harpel Professor of Capital Formation and Growth
Contact:
Telephone: (617)-496-3834
Fax: (617)-495-8963
Email: jeffrey_frankel@harvard.edu
Website: http://belferfrankel.wordpress.com/
October 2008
"An Elaborated Proposal for Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades"
Discussion Paper
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
This paper offers a detailed plan to set quantitative national limits on emissions of greenhouse gases, building on the foundation of the Kyoto Protocol. It attempts to fill in the most serious gaps: the absence of targets extending as far as 2100, the absence of participation by the United States and developing countries, and the absence of reason to think that countries will abide by commitments. The plan elaborates on the idea of a framework of formulas that can assign quantitative limits across countries, one budget period at a time. Unlike other proposals for century-long paths of emission targets that are based purely on science (concentration goals) or economics (cost-benefit optimization), this plan is based partly on politics.
September 5, 2007
"Frankel Proposal: Formulas for Quantitative Emission Targets"
Policy Brief
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
Jeffrey Frankel has proposed a climate policy architecture that builds on the quantitative targets and timetables infrastructure of the UNFCCC and Kyoto Protocol. He calls for a sequence of negotiations (one per decade) to determine the global greenhouse gas emissions cap and a formula for allocating this global cap among all participating countries.
September 2011
"Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets to Build on Copenhagen and Cancun"
Discussion Paper
By Valentina Bosetti and Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
In pursuit of a workable successor to the Kyoto Protocol, this study offers a framework of formulas that produces precise numerical targets for emissions of carbon dioxide (CO2) and other greenhouse gases, in all regions of the world in all decades of this century....Firms, consumers, and researchers base their current decisions to invest in plant and equipment, consumer durables, or new technological possibilities on the expected future price of carbon: If government commitments are not credible from the start, then they will not raise the expected future carbon price.
September 2011
"Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets to Build on Copenhagen and Cancun"
Discussion Paper
By Valentina Bosetti and Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
In pursuit of a workable successor to the Kyoto Protocol, this study offers a framework of formulas that produces precise numerical targets for emissions of carbon dioxide (CO2) and other greenhouse gases, in all regions of the world in all decades of this century....Firms, consumers, and researchers base their current decisions to invest in plant and equipment, consumer durables, or new technological possibilities on the expected future price of carbon: If government commitments are not credible from the start, then they will not raise the expected future carbon price.
AP Photo
Spring 2010
"Scholars' Views Vary on Copenhagen Successes"
Newsletter Article, Belfer Center Newsletter
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth, Kelly Sims Gallagher, Senior Associate, Energy Technology Innovation Policy research group and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
"Belfer Center participants in the 2009 United Nations Framework Convention on Climate Change Conference in Copenhagen (UNFCCC) agreed that while the summit did not produce the treaty most wanted, it did make some significant progress. They disagree, however, on how much. Professors Jeffrey Frankel, Kelly Sims Gallagher, and Robert Stavins, all members of the Belfer Center Board of Directors, offer their takeaways from the event."
AP Photo
July 18, 2009
"How to Set Greenhouse Gas Emission Targets for All Countries"
Op-Ed, Vox
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
Is a credible multilateral climate change agreement feasible? This column says that such global cooperation is necessary and attempts to address the political hurdles. The proposed emissions reduction plan develops formulas to cap atmospheric concentrations of carbon dioxide at 500 ppm while obeying political constraints regarding cost, fairness, and timing.
September 2011
"Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets to Build on Copenhagen and Cancun"
Discussion Paper
By Valentina Bosetti and Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
In pursuit of a workable successor to the Kyoto Protocol, this study offers a framework of formulas that produces precise numerical targets for emissions of carbon dioxide (CO2) and other greenhouse gases, in all regions of the world in all decades of this century....Firms, consumers, and researchers base their current decisions to invest in plant and equipment, consumer durables, or new technological possibilities on the expected future price of carbon: If government commitments are not credible from the start, then they will not raise the expected future carbon price.
September 2011
"Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets to Build on Copenhagen and Cancun"
Discussion Paper
By Valentina Bosetti and Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
In pursuit of a workable successor to the Kyoto Protocol, this study offers a framework of formulas that produces precise numerical targets for emissions of carbon dioxide (CO2) and other greenhouse gases, in all regions of the world in all decades of this century....Firms, consumers, and researchers base their current decisions to invest in plant and equipment, consumer durables, or new technological possibilities on the expected future price of carbon: If government commitments are not credible from the start, then they will not raise the expected future carbon price.
AP Photo
Spring 2010
"Scholars' Views Vary on Copenhagen Successes"
Newsletter Article, Belfer Center Newsletter
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth, Kelly Sims Gallagher, Senior Associate, Energy Technology Innovation Policy research group and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
"Belfer Center participants in the 2009 United Nations Framework Convention on Climate Change Conference in Copenhagen (UNFCCC) agreed that while the summit did not produce the treaty most wanted, it did make some significant progress. They disagree, however, on how much. Professors Jeffrey Frankel, Kelly Sims Gallagher, and Robert Stavins, all members of the Belfer Center Board of Directors, offer their takeaways from the event."
AP Photo
July 18, 2009
"How to Set Greenhouse Gas Emission Targets for All Countries"
Op-Ed, Vox
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
Is a credible multilateral climate change agreement feasible? This column says that such global cooperation is necessary and attempts to address the political hurdles. The proposed emissions reduction plan develops formulas to cap atmospheric concentrations of carbon dioxide at 500 ppm while obeying political constraints regarding cost, fairness, and timing.
