International symposium co-organized by Professor Thomas Sterner, Collège de France, and Professor Roger Guesnerie, Honorary Professor, Collège de France, Institut Louis Bachelier. Free access, no registration required.
Conference in English with simultaneous translation.
In 2009, the Copenhagen Climate Conference (COP 15) was widely perceived as a failure. Six years on, the world may be a little wiser. The IPCC has delivered its Fifth Assessment Report (AR5), and the USA and China have finally begun discussions. Will the 2015 Paris Conference (COP21) be effective enough to be called a success?
Economists have put forward a simple solution, the best in terms of cost-effectiveness: a global and universal carbon price, stemming from a kind of Kyoto super-agreement, skilfully implemented on a planetary scale. So far, progress in this direction has been minimal, and the obstacles numerous. At international level, ambitions have been scaled back, moving from major global treaties capable of managing all aspects of climate policy, to an approach based on voluntary individual commitments, with little coordination. Will this be enough?
Professors Sterner and Guesnerie have seized the opportunity of the COP 21 meeting in Paris to organize this international symposium on the economics of climate policies. The first day of the colloquium will focus on the fundamental intellectual debate on the design of climate policies. The Institut Louis Bachelier is the partner for the second day of the symposium, which will address points closer to the issues at stake in the COP 21 Paris 2015 negotiations.