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Global Climate Change Policy

Analysis, Economic Efficiency Issues and International Cooperation

Palgrave Macmillan

Authors:

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  • Examines the impact of climate change on the poorest parts of the world

  • Provides practical and realistic policy suggestions

  • Highlights the interchange between economic and ecological issues

Part of the book series: Sustainable Development Goals Series (SDGS)

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USD 119.00
Price excludes VAT (USA)
  • ISBN: 978-3-030-94594-7
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
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USD 159.99
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Table of contents (23 chapters)

  1. Front Matter

    Pages i-xxvi
  2. Background to the Climate Problem

    1. Front Matter

      Pages 1-1
    2. Introduction

      • Paul J.J. Welfens
      Pages 3-67
    3. The Climate Challenge and Its Consequences

      • Paul J.J. Welfens
      Pages 69-112
    4. Climate Protection Problems and Options for Action

      • Paul J.J. Welfens
      Pages 113-141
    5. Global Warming Perspectives

      • Paul J.J. Welfens
      Pages 143-159
    6. The Wrong Climate Debate?

      • Paul J.J. Welfens
      Pages 189-196
  3. What Could Policymakers, Business and Consumers Achieve?

    1. Front Matter

      Pages 197-197
    2. Reservations About Climate Protection Issues

      • Paul J.J. Welfens
      Pages 205-221
    3. Macroeconomic Aspects of CO2 Pricing

      • Paul J.J. Welfens
      Pages 257-265
    4. The Housing and Transport Sectors

      • Paul J.J. Welfens
      Pages 271-277
    5. A CO2 Tax as a Sensible Climate Policy Instrument

      • Paul J.J. Welfens
      Pages 279-287
  4. Multilateralism as a Solution to the Climate Problem

    1. Front Matter

      Pages 289-289
    2. International Perspectives

      • Paul J.J. Welfens
      Pages 291-304

About this book

“From Thunberg to Trump: there are many voices in climate policy. This is a highly recommendable and rational contribution with a focus on economic aspects of an effective and internationally oriented climate policy. Many new insights!”

- Prof. Dr. Raimund Bleischwitz, Chair in Sustainable Global Resources, University College London, till December 2021. Scientific Director, Leibniz Centre for Tropical Marine Research (ZMT), Bremen, since January 2022.


This book considers climate change from an economic and international policy perspective. It argues that an emissions trading systems (ETS) should first be adopted in all G20 countries with those national ETS then integrated into a global ETS. The topic of global warming is at the forefront of international discussions, especially given recent environmental policy changes in the US under Presidents Trump and Biden and the emergence of the Fridays For Future movement.

Combatting climate change does not necessitate a trade-off between economic growth and climate policy provided that the latter is consistently linked to new economic policy. Policymakers should support innovation, effective redistribution policies and modern mobility concepts. Moreover, there are crucial links between financial market dynamics and price dynamics in ETS. If measures discussed here are coordinated effectively in the EU/G20, and at the global level, then climate neutrality could be achieved.


Paul JJ Welfens is President of the European Institute for International Economic Relations (EIIW) at the University of Wuppertal, Germany, where he holds the Chair for Macroeconomics and Jean Monnet Professorship for European Economic Integration. He is a Research Fellow at IZA, Bonn, and Non-Resident Senior Fellow at AICGS/Johns Hopkins University, Washington DC.


Keywords

  • Background to the Climate Problem
  • Climate Protection Problems
  • Options for Climate Action
  • Climate Change
  • Climate Change Management
  • Climate Protection in the EU
  • Modernization of the Energy Industry
  • Failures in Carbon Certificates
  • Macroeconomic Aspects of CO2 Pricing
  • Multilateralism as a Solution to the Climate Problem
  • International Cooperation and the Climate Protection

Authors and Affiliations

  • European Institute for International Economic Relations, University of Wuppertal, Wuppertal, Germany

    Paul J.J. Welfens

About the author

Paul JJ Welfens is President of the European Institute for International Economic Relations (EIIW) at the University of Wuppertal, Germany, where he holds the Chair for Macroeconomics and Jean Monnet Professorship for European Economic Integration. He is a Research Fellow at IZA, Bonn, and Non-Resident Senior Fellow at AICGS/Johns Hopkins University, Washington DC.

Bibliographic Information

  • Book Title: Global Climate Change Policy

  • Book Subtitle: Analysis, Economic Efficiency Issues and International Cooperation

  • Authors: Paul J.J. Welfens

  • Series Title: Sustainable Development Goals Series

  • DOI: https://doi.org/10.1007/978-3-030-94594-7

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022

  • Hardcover ISBN: 978-3-030-94593-0

  • eBook ISBN: 978-3-030-94594-7

  • Series ISSN: 2523-3084

  • Series E-ISSN: 2523-3092

  • Edition Number: 1

  • Number of Pages: XXVI, 490

  • Number of Illustrations: 1 b/w illustrations, 54 illustrations in colour

  • Topics: Environmental Economics, Economic Policy, Political Economy of Energy

Buying options

eBook
USD 119.00
Price excludes VAT (USA)
  • ISBN: 978-3-030-94594-7
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Hardcover Book
USD 159.99
Price excludes VAT (USA)