Article | REF: SE4240 V1

Economic consequences of climate change

Author: Sylvie FAUCHEUX

Publication date: November 10, 2015

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2. Economic consequences of policies to combat climate change

2.1 Mitigation policies

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2.1.1 Towards voluntary, decentralized and disparate commitments and policies

Our common good, along with the climate, is the atmosphere, and each country is guided by its interest in increasing its GHG emissions and in particular CO 2 , which risks leading, as the first section explained, to both an ecological and socio-economic impasse. The Kyoto Protocol aimed to establish global climate governance (implying unanimous decisions by all countries)...

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Economic consequences of policies to combat climate change