This paper argues that the current deadlock in international climate negotiations stems from a fundamental flaw in the design of the Kyoto protocol and its proposed successors, which could be resolved through a different design. Specifically, rather than setting limits on the emissions produced...

Energy intensity (energy demand per unit of economic output) is one of the most widely used indicators of energy efficiency in energy policy discussions. Yet its application in real-world policymaking can be surprisingly problematical. This paper aims to provide guidance to governments and...