There is widespread agreement that climate change is a serious problem. If we fail to regulate greenhouse gases that contribute to global warming, or use alternative strategies for addressing the problem, the damages could be significant, and perhaps catastrophic. After several international meetings in which nation-states have tried unsuccessfully to address the climate change problem, there is a sense of frustration and urgency: frustration at the slow pace at which countries are moving toward an international agreement to reduce greenhouse gas emissions; urgency because of the growing evidence that climate change is a serious problem that should be addressed globally and quickly. This book takes a close look at the fundamental political and economic processes driving climate change policy. It identifies institutional arrangements and policies that are needed to design more effective climate change policy. It also examines ethical and distributional arguments that are critical in understanding and framing the climate debate. The book is built around a conference honouring Tom Schelling that took place at the Sustainable Consumption Institute at The University of Manchester. Each chapter represents a significant contribution to the literature on the political economy of climate change.

If global society is to address the many environmental and other sustainability challenges that confront us in the twenty-first century, such as climate change and water resources, it will be necessary to make significant changes in our patterns of consumption, production, and distribution. There is a growing realization that while changes in production and distribution are formidable, the proposed solutions may not succeed unless it is possible to persuade individuals and households to change their patterns of consumption to make them more sustainable. However there are significant differences in how key disciplines such as psychology, neuroscience, economics, politics, sociology, anthropology, and history conceptualise consumption, empirically test their theoretical predictions, and use these to inform policy-makers across the private, public and third sectors on how to make consumption more sustainable. This book contains chapters from world-leading experts in these different disciplines that seek to explain the perspectives on sustainable consumption of their disciplines, suggest how these might be further enriched by taking on board some of the findings from other disciplines, and consider what this implies for new policies to address the key sustainability challenges outlined above. The book is dedicated to Professor Sir Partha Dasgupta, one of the world's leading economists who has worked across a range of topics, including environmental and resource economics and development economics, and throughout his career has sought to incorporate into his economic thinking ideas from a range of other disciplines.

This timely collection explores the highly topical area of international trade agreements and environmental policy. The individual papers focus on two main themes: how to design policies and institutions for the solution of trans-frontier environmental problems; and issues of industrial location and trade. They represent the latest state of research from contributors who are key players in this burgeoning field.