Robert N. StavinsRobert Stavins credentials:
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Robert Stavins on Beyond Kyoto: An Economic Perspective on International Climate PolicyLeading environmental economist, Robert Stavins, is the Albert Pratt Professor of Business and Government at the internationally renowned Belfer Center, Harvard, and Director of the Harvard Program on Climate Agreements. He is an expert on the dynamics of the UN climate negotiations.
A regular contributor to the New York Times and the Huffington Post, he is the editor of two influential books on the subject -- "Post-Kyoto International Climate Policy (2009)" and "Architectures for Agreement: Addressing Global Climate Change in the post-Kyoto World (2007)." He writes regularly online on his blog: An Economic View of the Environment. About the Speech: As preparations for the next round of crucial climate negotiations in Durban commence, Robert Stavins will discuss the prospects for the negotiations, the future of climate action beyond the Kyoto Protocol, which expires in 2012, and the economics of climate change policy. |
Thirteen Plus One: A Comparison of Global Climate Policy Architectures
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Stavins critically reviewed the Kyoto Protocol and thirteen alternative policy architectures for addressing the threat of global climate change. He employs six criteria to evaluate the policy proposals: environmental outcome, dynamic efficiency, cost effectiveness, equity, flexibility in the presence of new information, and incentives for participation and compliance. The Kyoto Protocol does not fare well on a number of criteria, but none of the alternative proposals fare well along all six dimensions. Stavins identified several major themes among the alternative proposals: Kyoto is "too little, too fast"; developing countries should play a more substantial role and receive incentives to participate; implementation should focus on market-based approaches, especially those with price mechanisms; and participation and compliance incentives are inadequately addressed by most proposals. His investigation reveals tensions among several of the evaluative criteria, such as between environmental outcome and efficiency, and between cost-effectiveness and incentives for participation and compliance.