By Ian Bailey, Hugh Compston

To prevent out of control weather swap, greenhouse fuel emissions must be introduced below keep an eye on via significant emitters open air the prosperous West. The authors examine the political stumbling blocks in BRIC nations and what their governments may do to bolster weather rules with out incurring severe political harm.

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Extra resources for Feeling the Heat: The Politics of Climate Policy in Rapidly Industrializing Countries

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Cost-benefit analysis versus risk assessment Prior to the Stern Review in 2006, the traditional economic approach used to assess climate policies was cost-benefit analysis (CBA) (Cline 1992). In simplified terms, under CBA, the costs of climate change are set against the benefits of mitigation and adaptation policies to facilitate Terry Barker 29 comparison of policy options. Although CBA operates most accurately where costs and timeframes can be calculated accurately, Nordhaus’ aggregate modelling (2007) has been particularly influential in monetizing and computing discount rates for the unknown and potentially catastrophic risks associated with global climate change.

2007). Although carbon pricing by one country tends to reduce the price competitiveness of its carbon-intensive sectors, this may be offset by transitional measures, exchange-rate adjustments or improvements in non-price competitiveness. Equally, the extent of competitiveness impacts varies with the international exposure of the sector and detailed scrutiny is needed of industry claims about competitiveness losses to ensure appropriate balancing measures are developed (Grubb et al. 2005). The risk nevertheless remains that developing countries will be encouraged to invest in obsolete technologies that are ‘exported’ by developed countries.

Gouldson and P. Newell (2011), ‘Ecological modernisation and the governance of carbon: a critical analysis’, Antipode 43, 682–703. Barnett, J. (2008), ‘The worst of friends: OPEC and G-77 in the climate regime’, Global Environmental Politics 8, 1–8. Biermann, F. and P. Pattberg (2008), ‘Global environmental governance: taking stock and moving forward’, Annual Review of Environment and Resources 33, 277–94. Boykoff, M. ) (2009), The Politics of Climate Change: A Survey, Abingdon: Routledge. Bulkeley, H.

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