XML FeedsPolicymaking Under Pressure: The Perils of Incremental Responses to Climate Change
By damageva on Jul 3, 2008 | In Climate Change GHG Carbon CO2, U.S., Academic Study/Journal Article, Regulatory Analysis, Research Institute NGO NonProfit, Environmental Economics / Ecological Economics, Costs and Benefits | Send feedback »
Link: http://www.reg-markets.org/admin/authorpdfs/page.php?id=1468
Federal policymakers’ reluctance to enact a comprehensive climate change policy during the past decade has coincided with increased awareness of the inevitability and severity of the problems from global climate change. Thus, it is no surprise that piecemeal, sub-federal policies have garnered considerable support. Bolstered by the political science literature on the promise of incrementalism and democratic experimentalism, many proponents of climate change action favor incremental steps in the hope that they will improve the environment or at least serve as a basis for more comprehensive policies. Against this hopeful view, we explain why ad hoc responses to climate change may well be no better than, and possibly will be worse than, no action at all. Incremental climate change policies can give rise to predictable and nontrivial problems, such as non-effect, leakage, climate side effects, other side effects, lock-in, and lulling. Such problems not only can undermine the interim policies themselves but also may delay the adoption of a more comprehensive climate change policy. We present an upstream cap-and-trade policy as one such comprehensive alternative, showing how it would prove less susceptible to the kinds of policy failures that afflict incremental policies. Only by resisting the pressures to act immediately, and investing the necessary time and resources to craft a comprehensive solution, will environmental policymakers be able to guard against the perils that afflict ad hoc policymaking.
by Cary Coglianese and Jocelyn D'Ambrosio
The AEI Center for Regulatory and Market Studies, The "Reg-Markets Center" www.reg-markets.org
The Center was founded by Bob Hahn in 2008 as the successor to the AEI-Brookings Joint Center. A primary aim of the Reg-Markets Center is to gain a deeper understanding of how markets, laws and regulation contribute to economic well-being. The Center will be an independent voice in policy debates.
Working Paper 08-17; June, 2008
http://www.reg-markets.org/admin/authorpdfs/page.php?id=1468
