Counting carbon or counting coal? Anchoring climate governance in fossil fuel-based accountability frameworks

This analysis explores schemes for the monitoring, reporting and verification of fossil fuels, and points to a hybrid fossil fuel-based accountability framework that accounts for infrastructure and production volumes. Such transparency would provide opportunities for democratic oversight of climate governance efforts and channels to hold states accountable for their climate performance.

The impact of climate legislation on trade-related carbon emissions, 1997–2017

There is considerable anxiety about the international impact of unilateral action on climate change, particularly around ‘carbon leakage’. Looking at the impact of national climate change policy and legislation over the past two decades, this paper finds no evidence it has increased international carbon leakage.

Induced innovation and international environmental agreements: evidence from the ozone regime

This paper provides evidence that the Montreal Protocol’s restrictions on CFCs triggered a substantial increase in research and innovation on alternatives to ozone-depleting molecules and suggests such international environmental agreements can dynamically improve the benefit-cost equation of environmental protection and may therefore also be useful to dealing with current problems such as climate change.

Social discounting and the equity premium

This paper assembles a picture of the evolving research on and understanding of the equity premium and the issues it covers reinforce other arguments for discounting over time at a social time preference rate in climate change analysis.