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The Carbon Crunch$
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Dieter Helm

Print publication date: 2012

Print ISBN-13: 9780300186598

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300186598.001.0001

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A credible international agreement?

A credible international agreement?

(p.156) Chapter 8 A credible international agreement?
The Carbon Crunch

Dieter Helm

Yale University Press

This chapter examines climate change negotiations, which provide a very good way of characterizing the problem and of identifying why it is so hard for countries to agree. Specifically, climate change negotiations resemble a particular type of game called the prisoner's dilemma. The Kyoto Protocol tried to disaggregate the agreed overall target of reducing global emissions by 5.2 percent below the 1990 baseline by 2012. The European Commission, in its own assessment of the outcome, concluded that the sum of all the voluntary commitments in the so-called Copenhagen Accord, even if achieved, would not meet the 2°C target. In the way of summits and international conferences, those concerned with climate change have now started the foundation work for another round of negotiations and will focus on the final day of the prospective summit in around 2015.

Keywords:   climate change negotiations, prisoner's dilemma, Kyoto Protocol, Copenhagen Accord, summits

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