PUBLICATIONS
December 6, 2010
"Will We Know Success When We See It?"
National Journal
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
"It might be relatively easy, but actually quite unfortunate, for countries to achieve what some people might define as 'success' in Cancun: a signed international agreement, followed by glowing press releases. I say it would unfortunate, because such an agreement could only be the Kyoto Protocol on steroids: more stringent targets for the original list of industrialized countries (Annex I) and no meaningful commitments by the key rapidly-growing emerging economies, such as China, India, Brazil, Korea, Mexico, and South Africa."
November 24, 2010
"Renewable Irony"
The Huffington Post
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements and Richard Schmalensee
"It is often argued that if cap-and-trade is dead, enacting renewable or clean electricity standards is better than doing nothing at all about climate change. While that argument has some merit, since the risks of doing nothing are substantial, there is a real danger that enacting these standards will create the illusion that we have done something serious to address climate change. Worse yet, it could create a favored set of businesses that will oppose future adoption of more efficient, serious, broad-based policies — like cap-and-trade."
November 2010
"Institutions for International Climate Governance"
By Harvard Project on Climate Agreements
The United Nations Framework Convention on Climate Change (UNFCCC) has significant advantages but also real challenges as a venue for international negotiations on climate change policy. In the wake of the Fifteenth Conference of the Parties (COP-15) in Copenhagen, December 2009, it is important to reflect on institutional options going forward for negotiating and implementing climate change policy.
Sep/Oct 2010
"AB 32 and Climate Change: The National Context of State Policies for a Global Commons Problem"
Agricultural and Resource Economics Update, issue 1, volume 14
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
Because climate change is a global problem, climate change policies should involve the highest levels of effective government. However, absent effective action at the national or international levels, some states and regions are enacting subnational climate change policies. This article examines the positive, negative, and benign interactions of state policies such as California's AB 32 with federal policies, and explores whether such policies can provide an impetus for further action at the federal level.
October 2010
"The International Climate Change Regime: The Road from Copenhagen"
"...[T]he Copenhagen Accord is "only" a political agreement, so it does not provide sufficient assurance that countries will take action. But how much difference does it make that the Copenhagen Accord is a political rather than a legal agreement? Obviously, political agreements do not require domestic ratification, so they provide a weaker signal of domestic commitment. But the legal versus non-legal form of an instrument makes less of a difference in other respects, such as judicial enforcement, since even when an agreement is legally-binding, there are relatively few opportunities for adjudication either internationally or domestically. And evidence from other regimes suggests that states often take non-binding agreements quite seriously and make significant efforts to implement them."
October 2010
"Beyond Copenhagen: Reconciling International Fairness, Economic Development, and Climate Protection"
By Jing Cao, Former Research Fellow, Environment and Natural Resources Program, 2002-2003
This paper proposes a new architecture for international climate policy that might usefully be considered by delegates at COP 17 in Durban. It highlights a top-down approach that is designed to produce a fair distribution of burdens across countries, while achieving objectives of: (a) economic development; (b) decreasing wealth inequality; and (c) emission reductions consistent with holding the expected increase in global average temperature to 2 degrees Celsius. In addition, this discussion paper discusses several key design elements that will be important, especially from the perspective of developing countries, to the success of COP 17 and subsequent international climate negotiations. These design elements include agreements on burden sharing, choice of policy instruments, financial mechanisms and technology transfer, penalties for noncompliance, and linkages between trade and climate change.
September 2010
"The Problem of the Commons: Still Unsettled After 100 Years"
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
Harvard Project Director Robert N. Stavins reviews economics research on open-access resources over the last century; the development of market-based policies to respond to commons problems; and the application of policy-relevant scholarship in economics to the "ultimate commons problem"—global climate change.
August 2010
"Institutional Support for an International Forest Carbon Sequestration Agreement"
By Liz Baldwin and Kenneth R. Richards
Because forests play a critical role in the global carbon cycle, the international community is actively pursuing policies and programs to increase the amount of carbon stored in forests. Recent estimates suggest that forestry could contribute an average 6.7 billion tons of emissions reductions annually, with over two-thirds of this potential coming from tropical nations. Making full use of the forest carbon sink is appealing to both the developed and the developing world. Developed nations see forest carbon projects as a low-cost option for mitigating climate change. For the developing world, forest carbon payments could provide a sustainable source of much-needed income. At the most recent climate negotiation talks in Copenhagen, even as negotiations on greenhouse gas emissions limits stalled, the parties moved closer to a framework agreement on forest carbon.
July 2010
"Negligence, Strict Liability, and Responsibility for Climate Change"
This paper reexamines responsibility for climate change. Claims of responsibility are based on legal and ethical principles concerning liability for wrongdoing. They are, in essence, tort claims. Tort-law principles might be used in actual legal disputes, to make quasi-legal arguments in a negotiation, or to simply claim moral wrongdoing by a set of actors. The goal, therefore, will be to examine whether tort-law or similar theories of obligation apply to past greenhouse gas emissions
July 27, 2010
"The Power of Cap-and-Trade"
Boston Globe
By Richard Schmalensee and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
"A price on carbon is the least costly way to provide meaningful incentives for technology innovation and diffusion, reduce emissions from fossil fuels, and drive energy efficiency. In the long run, it can reduce our use of oil and drive our transportation system toward alternative energy sources."

