Bård Harstad’s policy brief on climate treaties

Treaty Design and Duration: Effects on R&D, Participation, and Compliance
Viewpoint by Bård Harstad

“Climate policy is complicated. For a treaty to be beneficial, one must think through carefully how it will work, once it is implemented. Unfortunately, the effects are often difficult to predict. Crucial questions include the following: How should an international treaty be designed? Should one negotiate commitments for a five-year period, or for much longer? Assuming that the treaty specifies aggregate or country-specific emission caps—as I do in this Viewpoint—what should these caps be and how should they change over time?”

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