About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

LOG IN
LOG IN


24 Int'l Env't Agreements: Pol. L. & Econs. 1 (2024)

handle is hein.journals/intenve24 and id is 1 raw text is: Int Environ Agreements (2024) 24:1-6 https://doi.org/1 0.1007/si10784-024-09633-1 EDITORIAL Introduction: What next for supply-side policy? Peter Newell1 - Angela Carter2 Accepted: 14 February 2024 / Published online: 28 March 2024 © The Author(s), under exclusive licence to Springer Nature B.V. 2024 From the margins of climate governance, supply-side policies which seek to restrict the production of climate warming fossil fuels are gaining greater prominence. From bans and phase-out policies to divestment campaigns and the creation of 'climate clubs' such as the Beyond Oil and Gas Alliance, there is growing recognition that the temperature goal of the Paris Agreement cannot be achieved without leaving large swathes of fossil fuel reserves in the ground. Where do we take supply-side policy next? What does the experience of first mover countries to date suggest about the prospects for second and third movers? How can key business and financial actors be engaged in efforts to restrict supply? What form might regional and multilateral forms of cooperation on supply-side take? These are among the questions addressed by contributors to this special issue on an increasingly critical new frontier in climate governance. In this introduction, we first clarify what we mean by supply-side policies and provide some historical background to their emergence to provide some context and locate the sig- nificance of the contemporary developments discussed in the papers which we briefly sum- marise before concluding with some reflections on research gaps and where this agenda might evolve next. 1 Situating the turn towards supply-side policy Supply-side policies can involve economic, regulatory, and informational approaches (Lazarus et al., 2015) and take numerous different forms. Some researchers focus on a range of policy measures, such as bans, divestments, blockades, litigation, and emissions trading schemes (Gaulin and LeBillon 2020), while others focus specifically on bans, mor- atoria, and phase-out policies that explicitly cease production (Carter 2020). The papers in this special issue cover many of these approaches, from bans (Slevin and Barry; Greene and Carter) to divestment and bailout mechanisms (McDonnell; Kroll and Kihne). The E Peter Newell P.J.Newell@sussex.ac.uk Angela Carter avcarter@mun.ca Department of International Relations, University of Sussex, Brighton BN1 9SN, UK 2 Department of Political Science, Memorial University of Newfoundland and Labrador, Newfoundland and Labrador, Canada Springer