Keywords: climate change, carbon dioxide, cost-, effectiveness, emission targets, Framework Convention, Rio, politics, economics, greenhouse gases, GHG emissions, global warming, precautionary principle, national responsibilities, funding
The politics and economics of climate change after Rio
This paper examines the relationship between ongoing economic and policy research on the climate change problem, and the outcome and implications of three important disputes which featured in the negotiations. namely: (i) seriousness of the problem and the role of precautionary action; (ii) relative national responsibilities and funding; and (iii) emission targets and policies, and reporting and review procedures. It concludes with an assessment of the impact of the Convention.