Handbook of the International Political Economy of Energy and Natural Resources
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Handbook of the International Political Economy of Energy and Natural Resources

Edited by Andreas Goldthau, Michael F. Keating and Caroline Kuzemko

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.
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Chapter 21: An international political economy of climate change benchmarking: energy standard setting, responses and challenges

Caroline Kuzemko

Abstract

This chapter examines benchmarking, as a method of universal standard setting, with a specific emphasis on climate change benchmarking. The chapter is framed with reference to constructivist international political economy (IPE) that interprets benchmarks as constructed, open to contestation and change and deeply political. Four categories of climate change benchmarks are introduced, whilst some emphasis is placed on the manner in which each category tends to set new standards with specific relevance for energy sectors. This is one example of the ways in which climate change and energy policy areas are becoming intertwined within governance practices. The chapter also provides an overview of how those being benchmarked respond with some emphasis on non-state and sub-state actor groups – thereby revealing some new themes within the politics of climate change benchmarking.

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