Energy

Professor Stavins explained how the global commons dilemma provides a disincentive for action on climate change by individual countries since the climate benefits they gain individually would be less than the cost of action, while on a global basis the benefits could be much greater. Stavins argued that carbon taxes or cap-and-trade systems are the most effective solutions to reduce emissions.

Recent research in economics shows how not to design climate treaties—and suggests how to get it right.

Farah Pandith, America’s first special representative to Muslim communities, joined the Belfer Center this fall as a Fisher Family Fellow with the Future of Diplomacy Project and as a senior fellow with the Middle East Initiative. Jairam Ramesh, a member of Parliament from Andhra Pradesh, India, and a leader in international climate negotiations, joined the Belfer Center this fall as a 2014 Fisher Family Fellow with the Future of Diplomacy Project.

In a new Harvard Project Discussion Paper, Fondazione Eni Enrico Mattei's Valentina Bosetti and Enrica De Cian model the behavior of countries not participating in a cooperative climate regime. The regime imposes counterbalancing influences upon these countries, but under some conditions they may act to both reduce emissions and increase clean-energy R&D

The Spring 2011 issue of the Belfer Center newsletter features recent and upcoming activities, research, and analysis by members of the Center community on critical global issues. This issue highlights the Belfer Center’s continuing efforts to build bridges between the United States and Russia to prevent nuclear catastrophe – an effort that began in the 1950s. This issue also features three new books by Center faculty that sharpen global debate on critical issues: God’s Century, by Monica Duffy Toft, The New Harvest by Calestous Juma, and The Future of Power, by Joseph S. Nye.

Negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) at Copenhagen in December 2009 did not produce a new international treaty with binding emissions commitments, but have defined a roadmap for dealing with global climate change in the post-2012 era. As countries continue to pursue new models for global agreement, it will be important to learn from the weaknesses of past approaches, while building on positive aspects of the experience with the Kyoto Protocol so far.