NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Facing the Climate Change Challenge in a Global Economy

Lee G. Branstetter, William A. Pizer

NBER Working Paper No. 18214
Issued in July 2012
NBER Program(s):   EEE   ITI

Over the past two decades, the international community has struggled to deal constructively with the problem of mitigating climate change. This is considered by many to be the preeminent public policy challenge of our time, but actual policy responses have been relatively modest. This essay provides an abbreviated narrative history of international policy in this domain, with a special emphasis on aspects of the problem, proposed solutions, and unresolved issues that are of interest to international economists and informed observers of the global economic system. We also discuss the potential conflict that could emerge between free trade principles on the one hand and environmental policy objectives on the other.

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Document Object Identifier (DOI): 10.3386/w18214

Published: Facing the Climate Change Challenge in a Global Economy, Lee Branstetter, William Pizer. in Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century, Feenstra and Taylor. 2014

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