ENVIRONMENTAL ECONOMICS
AP Photo
November 24, 2008
Designing the Post-Kyoto Climate Regime: Lessons from the Harvard Project on International Climate Agreements
Report
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
A way forward is needed for the post-2012 period to address the threat of global climate change. The Harvard Project on International Climate Agreements is an international, multi-year, multi-disciplinary effort to help identify the key design elements of a scientifically sound, economically rational, and politically pragmatic post-2012 international policy architecture. Leading thinkers from academia, private industry, government, and non-governmental organizations around the world have contributed and will continue to contribute to this effort. The foundation for the Project is a book published in September 2007 by Cambridge University Press, Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World (Aldy and Stavins 2007). From that starting point, the Harvard Project on International Climate Agreements aims to help forge a broad-based consensus on a potential successor to the Kyoto Protocol. The Project includes 28 research teams operating in Europe, the United States, China, India, Japan, and Australia.
Project Co-Directors Joseph E. Aldy and Robert N. Stavins have written an Interim Progress Report of the Harvard Project on International Climate Agreements for the 14th Conference of the Parties, Framework Convention on Climate Change.
May 2008
Climate Change: Expert Opinion on the Economics of Policy Options to Address Climate Change
Report
By U.S. Government Accountability Office, Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
"...GAO was asked to elicit the opinions of experts on (1) actions the Congress might consider to address climate change and what is known about the potential benefits, costs, and uncertainties of these actions and (2) the key strengths and limitations of policies or actions to address climate change. GAO worked with the National Academy of Sciences to identify a panel of noted economists with expertise in analyzing the economic impacts of climate change policies and gathered their opinions through iterative, Web-based questionnaires. The findings reported here represent the views of the 18 economists who responded to both questionnaires."
Two of the 18 economists who participated were Harvard Project on International Climate Agreements Co-Directors Joseph Aldy and Robert Stavins. In addition, two other participating economists, James Edmonds of the Pacific Northwest National Laboratory and William Pizer of Resources for the Future, are members of Harvard Project research teams.
May 7, 2008
"Economic Incentives in a New Climate Agreement"
Paper
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
The Harvard Project on International Climate Agreements has agreed to help the Office of the Danish Prime Minister, in its role as incoming President of the 2009 Conference of the Parties, to prepare background papers and on-site briefings for a series of very high-level dialogues on climate change policy, hosted by the Prime Minister. These dialogues will each include about 25 participants, including CEOs of European and U.S. corporations, key officials from national governments and intergovernmental organizations, and leaders of major environmental NGOs. This paper on the subject of economic incentives was prepared by the Harvard Project leadership for the first dialogue.
May / June 2008
"Climate Policy Architectures for the Post-Kyoto World"
Journal Article, Environment, issue 3, volume 50
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
"The global climate has changed and will continue to change as a result of greenhouse gas emissions from a broad variety of human activities. In 2007, the Intergovernmental Panel on Climate Change determined that 'most of the observed increase in global average temperatures since the mid-20th century is very likely due to the observed increase in anthropogenic greenhouse gas concentrations.' If greenhouse gas emissions continue to grow unabated, the global average temperature will likely increase between 1.1°C and 6.4°C. This warming will unleash a myriad of impacts, the vast majority of which will adversely affect water availability, agricultural and forestry productivity, the spread of infectious diseases, extreme weather events, unique ecosystems and rare species, and the built environment in coastal areas. The risks of global climate change clearly necessitate an international effort."
AP Images
December 18, 2007
Bali Climate Change Conference: Key Takeaways
Summary Report
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements and Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements
The Bali climate change conference was a qualified success. Before we went to Bali, we observed that it will be good news if there’s no bad news coming out of the negotiations. This was achieved, and then some.
December 17, 2007
"Forging a Climate Agreement That Works"
Op-Ed, PostGlobal, A Conversation on Global Issues with David Ignatius and Fareed Zakaria
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements and Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements
"...As the nations of the world consider the next international climate agreement, they should not be limited by starting-point bias. In other words, although they should possibly consider an agreement that resembles Kyoto, they should also consider a wide range of other ideas, some of which bear very little resemblance to Kyoto."
November 20, 2007
"Using Emission Fees to Curb Greenhouse Gases: A Primer"
Summary
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements
"Any serious effort to address anthropogenic climate change will require giving the private sector a financial incentive to reduce emissions. Firms and consumers currently pay nothing to emit carbon dioxide (CO2) and other greenhouse gases. If we want to reduce the harmful effects of such gases on our environment, this free ride for pollution must come to an end...."
September 2007
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Book
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
The Kyoto Protocol serves as an initial step to mitigate the threats posed by global climate change but policy-makers, scholars, businessmen, and environmentalists have begun debating the structure of the successor to the Kyoto agreement. Written by a team of leading scholars in economics, law and international relations, this book contributes to this debate by examining the merits of six alternative international architectures for climate policy.
September 24, 2007
"Designing the Next International Climate Agreement"
Op-Ed, RFF Weekly Policy Commentary
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
The world's first step to address global climate change, in the Kyoto Protocol, was not perfect. The next step does not need to be perfect either, but it ought to be an improvement. To contribute to the effort in designing the next step, we have just launched the Harvard Project on International Climate Agreements. This initiative will draw upon leading thinkers from academia, private industry, government, and non-governmental organizations from around the world to identify key design elements and construct a small set of promising policy frameworks, and then disseminate and discuss the design elements and frameworks with decisionmakers in the United States, Europe, and around the world.
September 5, 2007
Powerpoint: Harvard Project on International Climate Agreements
Presentation
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
This powerpoint presentation provides an easy-to-understand overview of the project, the six potential frameworks that are its starting point, the Kyoto Protocol, and the current state of international climate negotiations.
