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Market Based Environmental Policies

What Does The Trump Victory Mean For Climate Change Policy?

Robert Stavins | Posted 11.10.2016 | Politics
Robert Stavins

After I've had an opportunity to reflect more calmly and carefully on the implications of the forthcoming Trump presidency for environmental, natural resource, and energy policy, I will return to this topic.

Can California Provide A Good Model Of Progressive Climate Policy?

Robert Stavins | Posted 10.13.2016 | Green
Robert Stavins

California can play a very important role by showing leadership -- in two key ways. One is to demonstrate a commitment to meaningful reductions in GHG emissions. In this regard, California has more than met the bar, with policies that are as aggressive as -- if not more aggressive than -- those of most countries.

Market Mechanisms In The Paris Climate Agreement: International Linkage Under Article 6.2

Robert Stavins | Posted 08.30.2016 | Green
Robert Stavins

There are a substantial number of issues that negotiators will eventually need to address, and likewise, there are a set of questions that researchers (including within the Harvard Project on Climate Agreements) can begin to address now.

Is carbon neutral growth on the horizon for aviation? That depends on your definition.

Daniel Rutherford | Posted 08.22.2016 | Green
Daniel Rutherford

In October 2013, the International Civil Aviation Organization (ICAO), the specialized UN agency that acts as the de facto regulator for aviation worl...

Paris Agreement--A Good Foundation for Meaningful Progress

Robert Stavins | Posted 01.01.2017 | Green
Robert Stavins

The Paris Agreement provides an important new foundation for meaningful progress on climate change, and represents a dramatic departure from the past 20 years of international climate negotiations.

Paris Can Be a Key Step

Robert Stavins | Posted 11.21.2016 | Green
Robert Stavins

I've been asked many times what success will look like in Paris. Here's my scorecard and my predictions of five key elements that -- if all were achieved -- would constitute an exceptionally successful 21st Conference of the Parties:

The Papal Encyclical and Climate Change Policy

Robert Stavins | Posted 11.02.2016 | Green
Robert Stavins

The Pope is to be commended for taking global climate change seriously, and for drawing more world attention to the issue. There is much about the encyclical that is commendable, but where it drifts into matters of public policy, I fear that it is -- unfortunately -- not helpful.

How Corporate Governance Affects Corporate Sustainability and Why It Matters

Alliance for Research on Corporate Sustainability | Posted 10.07.2016 | Business
Alliance for Research on Corporate Sustainability

Corporate governance is increasingly applied to an extended form of monitoring corporate activities that include the impact on society and the natural environment. This additional agenda can create tension and conflicting priorities among the traditional roles of shareholders.

A Key Element for the Forthcoming Paris Climate Agreement

Robert Stavins | Posted 09.22.2016 | Green
Robert Stavins

This minimalist approach will allow diverse forms of linkage to arise, among what will inevitably be highly heterogeneous INDCs, thereby advancing the dual objectives of cost effectiveness and environmental integrity in the international climate policy regime.

Crude Oil Prices, Climate Change, and Global Welfare

Robert Stavins | Posted 06.03.2016 | Business
Robert Stavins

With gasoline prices relatively low — and natural gas supplies holding down electricity prices, at least in the United States — there has never been a better time to introduce progressive climate policies in the form of carbon pricing. Unfortunately, none of us should hold our breath waiting for that to happen.

When Reasonable Policy Discussions Become Unreasonable Personal Attacks

Robert Stavins | Posted 06.02.2016 | Green
Robert Stavins

It is ironic, offensive, and sad that anyone would suggest that my support of Harvard's divestment position is somehow tied to my outside engagements. That suggestion -- and the recent threats I have received -- defies logic and is contradicted by the record.

What to Expect at COP-20 in Lima

Robert Stavins | Posted 06.01.2016 | Green
Robert Stavins

On Monday, December 1, the Twentieth Conference of the Parties (COP-20) of the United Nations Framework Convention on Climate Change (UNFCCC) commence...

The Final Stage of IPCC AR5 -- Last Week's Outcome in Copenhagen

Robert Stavins | Posted 05.12.2016 | Green
Robert Stavins

First of all, here's the simplest headline statement: Things improved significantly at the Synthesis Report (SYR) government approval sessions in Copenhagen last week, but in saying this, I am only referring to the material for which I've been responsible. Let me explain.

The UN Climate Summit and a Key Issue for the 2015 Paris Agreement

Robert Stavins | Posted 05.04.2016 | Green
Robert Stavins

The following post was originally published on Sept. 27, 2014, on Robert Stavins' personal blog. World leaders converged at the United Nations in New...

What Are the Benefits and Costs of EPA's Proposed CO2 Regulation?

Robert Stavins | Posted 10.08.2014 | Green
Robert Stavins

The Obama Administration's proposed regulation of existing power-sector sources of CO2 has the potential to be cost-effective, and if you accept these numbers, it can also be welfare-enhancing, if not welfare-maximizing.

EPA's Proposed Greenhouse Gas Regulation: Why Are Conservatives Attacking Its Market-Based Options?

Robert Stavins | Posted 08.10.2014 | Green
Robert Stavins

Today that "scorched-earth" approach may have come back to haunt conservatives. Have they now boxed themselves into a corner, unable to support the power of the marketplace to reduce their own states' compliance costs under the new EPA CO2 regulation? I hope not, but only time will tell.

Can There Be a Positive Prognosis for Climate Negotiations?

Robert Stavins | Posted 05.30.2014 | Green
Robert Stavins

International negotiations continued under the United Nations Framework Convention on Climate Change. The two most important countries in terms of greenhouse gas (GHG) emissions -- China and the U.S. -- engaged in a war of words.

Will Europe Scrap Its Renewables Target? That Would Be Good News for the Economy and for the Environment

Robert Stavins | Posted 03.20.2014 | Green
Robert Stavins

Without the renewables mandate, the cap being planned for the EU ETS will be achieved at lower cost and will foster greater incentives for climate-friendly technological change.

The Warsaw Climate Negotiations, and Reason for Cautious Optimism

Robert Stavins | Posted 03.12.2014 | Green
Robert Stavins

The Warsaw meetings must be judged to be at least a modest success -- the baton was not dropped, rather it was passed successfully in this long relay race of negotiations.

While International Climate Negotiations Continue, the World's Ninth Largest Economy Takes an Important Step Forward

Robert Stavins | Posted 02.04.2013 | Green
Robert Stavins

I'm referring to the CO2 cap-and-trade allowance auction held by the State of California. The fact that the auction ran smoothly and compliance entities and others put their money down is one important step in establishing the program's credibility.

Can Market Forces Really Be Employed to Address Climate Change?

Robert Stavins | Posted 07.29.2012 | Green
Robert Stavins

Unlike the environmental threats addressed successfully in past U.S. legislation, climate change is essentially unobservable to the general population.

Reflections on Twenty Years of Policy Innovation

Robert Stavins | Posted 04.08.2012 | Green
Robert Stavins

In 2009, the U.S. Congress considered but ultimately failed to enact legislation aimed at limiting U.S. greenhouse-gas (GHG) emissions. The bill unde...

Economics of the Environment

Robert Stavins | Posted 03.31.2012 | Green
Robert Stavins

The Sixth Edition of Economics of the Environment: Selected Readings has just been published by W. W. Norton & Company of New York and London. Throug...

Can the Durban Climate Negotiations Succeed?

Robert Stavins | Posted 01.28.2012 | Green
Robert Stavins

Two weeks of international climate negotiations begin today in Durban, South Africa. These are the Seventeenth Conference of the Parties (COP-17) of ...

The Promise and Problems of Pricing Carbon

Robert Stavins | Posted 01.01.2012 | Green
Robert Stavins

In the U.S., political polarization has decimated what had long been the key political constituency in the Congress for environmental action, namely, the middle, including both moderate Republicans and moderate Democrats.