International Climate Change Law and Policy

Description

In this course, you will learn:

• Examine the causes of climate change and its effects on different countries and generations.
• Understand the worldwide climate change regime's legal concepts, norms, and institutions.
• Applying the Theory of Externalities, explain how markets work and fail.
• Compare and contrast taxes and cap-and-trade programmes, focusing on their efficiency and effectiveness.
• Demonstrate intercultural sensitivity and awareness of other countries' social and economic perspectives.

Syllabus:

1: Introduction to Climate Change and the Social Cost of Carbon

• The Scientific Evidence
• Key Polluting Countries
• Introduction to Carbon Accounting
• Projected Impacts
• Valuing Greenhouse Gas Emissions: Introduction to the Social Cost of Carbon
   

2: Evolution and Architecture of the International Climate Change Regime

• The United National Framework Convention on Climate Change (UNFCCC)
• The Kyoto Protocol
• The Paris Agreement: A new paradigm of international cooperation
   

3: Climate Change Policy and The Theory of Externalities

• Introduction to the theory of Externalities
• The Pigouvian Tax
• Problems with Pigouvian Taxation
   

4: How Prices Can Save the Global Climate: The Standard-Price-Approach

• The Standard-Price-Approach
• Taxes vs. Cap-and-Trade
• Efficiency and Effectiveness

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