Contracting for Climate Mitigation? Achieving the Paris Goals

Abstract

The panel will address political and legal obstacles on the way to achieving the goals stipulated by the Paris Agreement (PA) with a special focus on energy and resources. The contributions can be grouped into three areas: 1. The PA as an instrument of international law and effects on national policies. 2. The Co2-emission trade as an example of application of the PA. 3. Sector-specific case studies as illustrations of policy trade-offs on the energy-climate nexus First, the effectiveness of the PA as an international instrument will be discussed. The relationship between national law and international instruments will be analyzed to assess how national policy makers could take reference to the PA (Simona Buss). The second bloc of this panel will be devoted to the Co2 emission trade as an example of applying the PA. Thereby it will become visible how horizontal contracting on an international level impacts upon national policies and shape activities to go green. Vice-versa the national level might harbor barriers to an effective international linkage of carbon market. Horizontal and vertical effects of the Co2 emission trade will be scrutinized (Giulio Galdi, Manolis Kotzampasakis). Finally, the panel will offer insights into conflicting environmental interests of the so-called "green-green-dilemma" (Christoph Romirer) that unfolds along "energy transition" policies. Further, economic-ecological pitfalls in the wake of the Bulgarian energy sector's liberalization will be presented (Lyubomira Gancheva). The panel features different aspects of the road towards meeting the PA’s goals and borrows from an interdisciplinary approach. Thereby, the panel contributes to a broadened understanding of the PA and its multidimensional challenges routed in politics, economics, and law.

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