• Corpus ID: 33876350

The Atmosphere as a Global Commons - Challenges for International Cooperation and Governance

  title={The Atmosphere as a Global Commons - Challenges for International Cooperation and Governance},
  author={Ottmar Edenhofer and Christian Flachsland and Michael Jakob},
This article analyzes global climate policy as the problem of transforming governance of the atmosphere from an open-access into a global commons regime. This involves several challenges. First, setting an atmospheric stabilization goal requires balancing risks of climate change and risks of mitigation. Second, limiting the atmospheric disposal space for carbon devalues fossil resources and creates a novel climate rent, thus raising distributional issues. Third, policy instrument choice needs… 

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