“The first issue is that anything that results in foreign policy from any particular government whether it’s a developed country or a developing country is really based on the domestic policies of those countries. You can’t have foreign policy without a foundation of domestic policy”. To achieve a new climate agreement we need both domestic and global policy, Ray Kopp (Resources for the Future – RFF) says in this video interview to Climate Science&Policy
Content about: economics
There are two related issues of concern for countries taking on climate action. The first one is that some of their domestic industrial production will lose competitiveness; the second is that part of their efforts will be undermined by an increase in greenhouse gas emissions elsewhere, or “carbon leakage”. While the debate over protective measures continues focusing largely on carbon-based border tax adjustments (BTAs), Christa Clapp, Jean Chateau and Rob Dellink, economists at OECD, investigate several issues in the debate and focus on how and why BTAs fail to protect domestic industry, may reduce carbon leakage from the competitiveness channel and have cost and additional complications.
Energy, markets and human behaviour: what have they got in common? According to economists such are Thomas Friedman, George Akerlof and Robert Shiller, there is something that the financial crisis and the environmental crisis have in common: they both are global crisis and they both can be interpreted using the frame of human behaviour. In other words, we can consider the excess of consumption of the western world and its bulimia of resources and finance among the causes of both the financial and environmental crisis. Domenico Siniscalco, Vice-President at Morgan Stanley, says in his speech at 2009 International Energy Workhop in Venice