TY - JOUR AU - Branstetter, Lee G AU - Pizer, William A TI - Facing the Climate Change Challenge in a Global Economy JF - National Bureau of Economic Research Working Paper Series VL - No. 18214 PY - 2012 Y2 - July 2012 DO - 10.3386/w18214 UR - http://www.nber.org/papers/w18214 L1 - http://www.nber.org/papers/w18214.pdf N1 - Author contact info: Lee G. Branstetter Heinz College School of Public Policy and Management Department of Social and Decision Sciences Carnegie Mellon University Pittsburgh, PA 15213 Tel: 412/268-4649 E-Mail: branstet@andrew.cmu.edu William A. Pizer Sanford School of Public Policy Duke University Box 90312 Durham, NC 27708 Tel: 919/613-9286 Fax: 877/240-9880 E-Mail: billy.pizer@duke.edu M1 - published as Lee Branstetter, William Pizer. "Facing the Climate Change Challenge in a Global Economy," in Robert C. Feenstra and Alan M. Taylor, editors, "Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century" University of Chicago Press (2014) AB - Over the past two decades, the international community has struggled to deal constructively with the problem of mitigating climate change. This is considered by many to be the preeminent public policy challenge of our time, but actual policy responses have been relatively modest. This essay provides an abbreviated narrative history of international policy in this domain, with a special emphasis on aspects of the problem, proposed solutions, and unresolved issues that are of interest to international economists and informed observers of the global economic system. We also discuss the potential conflict that could emerge between free trade principles on the one hand and environmental policy objectives on the other. ER -