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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Renewable Energy Under The Kyoto Protocol: The Case For Mixing Instruments, David M. Driesen
Renewable Energy Under The Kyoto Protocol: The Case For Mixing Instruments, David M. Driesen
College of Law - Faculty Scholarship
This paper suggests that a mixture of measures may be needed to encourage renewable energy under the Kyoto Protocol. It explains that the goal of maximizing short term cost effectiveness tends to conflict with the goal of encouraging the long-term technological development that the world will need to move away from fossil fuels. Because of this tension, policy-makers should not, and generally have not, regarded global emissions trading as a panacea. The paper discusses how novel economic incentive measures and careful attention to design of emissions trading can help policy-makers use short term goals to lay the ground work for …
Sustainable Development And Market Liberalism's Shotgun Wedding: Emissions Trading Under The Kyoto Protocol, David M. Driesen
Sustainable Development And Market Liberalism's Shotgun Wedding: Emissions Trading Under The Kyoto Protocol, David M. Driesen
College of Law - Faculty Scholarship
This article analyzes the international emissions trading regime at the heart of the world's effort to address global warming as a means of exploring broader international governance issues. The trading regime seeks to marry two models of global governance, market liberalism, which embraces markets as the model of global governance, and sustainable development, which seeks to change development patterns to protect future generations.
This article explores a previously unacknowledged tension between market liberalism's goal of maximizing short term cost effectiveness and sustainable development's goal of catalyzing technological change for the benefit of future generations. This article presents new data and …