Climate Change Regulations for the 21st Century

RegBlog; November 30, 2015

As the 2015 international climate summit in Paris gets underway, leaders from President Obama to Pope Francis have renewed their appeals for collective action to address climate change. How to create effective climate policies, however, presents a more complicated inquiry.

Daniel Esty, a professor at Yale Law School, offered a unique perspective during a recent seminar at the University of Pennsylvania. Drawing from his own experience negotiating international climate agreements in the 1990s, Esty argued that the underlying international legal framework for the upcoming negotiations is strategically flawed.

Esty opened the Risk Regulation Seminar, hosted by the Penn Program on Regulation, by reflecting on tactical errors – top-down approaches and a focus on procedure over substance – he perceived in environmental policies developed in the 1990s. Esty then proposed regulations based on results and innovation as the “core elements” of environmental regulation for a sustainable future.

Read More