The Kyoto Protocol and Its Economic Implications

The Kyoto Protocol and Its Economic Implications PDF Author: United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 396

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The Kyoto Protocol and Its Economic Implications

The Kyoto Protocol and Its Economic Implications PDF Author: United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 396

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Book Description


Climate Change Policy after Kyoto

Climate Change Policy after Kyoto PDF Author: Warwick J. McKibbin
Publisher: Rowman & Littlefield
ISBN: 9780815706663
Category : Political Science
Languages : en
Pages : 166

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Book Description
The Kyoto Protocol represents nearly a decade of international effort to reduce carbon emissions. While the treaty is the product of enormous international political effort, it has not been ratified by any major greenhouse emitter and it has been rejected by the United States. In this controversial new book, Warwick J. McKibbin and Peter Wilcoxen argue that the current approach of international negotiations on the Kyoto Protocol is going completely in the wrong direction. In Climate Change Policy after Kyoto, they attempt to steer the policy debate toward a realistic blueprint for effective policy. The authors believe that managing uncertainty—particularly the future costs of any plan—is key to realistic climate policy. They maintain that sustainable policy should meet four basic criteria: it should slow down carbon dioxide emissions where it is cost-effective to do so; compensate those who are hurt economically; require a high degree of consensus both domestically and internationally; and allow countries to enter the program easily and continue to participate even if they drop out of the agreement at certain times. The book summarizes the current state of knowledge about climate change and discusses the history of negotiations since 1992—in the process identifying the Kyoto Protocol as the wrong approach to the problem. It outlines important insights that economic theory offers for the design of climate policy, and uses those insights to develop a simple framework that will reduce greenhouse gas emissions while guaranteeing that short-run costs of compliance will not be excessive. The authors conclude by outlining a process by which international negotiations on climate control can proceed to an agreement that is both durable and feasible for all nations.

The Collapse of the Kyoto Protocol and the Struggle to Slow Global Warming

The Collapse of the Kyoto Protocol and the Struggle to Slow Global Warming PDF Author: David G. Victor
Publisher: Princeton University Press
ISBN: 1400824060
Category : Political Science
Languages : en
Pages : 218

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Book Description
Even as the evidence of global warming mounts, the international response to this serious threat is coming unraveled. The United States has formally withdrawn from the 1997 Kyoto Protocol; other key nations are facing difficulty in meeting their Kyoto commitments; and developing countries face no limit on their emissions of the gases that cause global warming. In this clear and cogent book-reissued in paperback with an afterword that comments on recent events--David Victor explains why the Kyoto Protocol was never likely to become an effective legal instrument. He explores how its collapse offers opportunities to establish a more realistic alternative. Global warming continues to dominate environmental news as legislatures worldwide grapple with the process of ratification of the December 1997 Kyoto Protocol. The collapse of the November 2000 conference at the Hague showed clearly how difficult it will be to bring the Kyoto treaty into force. Yet most politicians, policymakers, and analysts hailed it as a vital first step in slowing greenhouse warming. David Victor was not among them. Kyoto's fatal flaw, Victor argues, is that it can work only if emissions trading works. The Protocol requires industrialized nations to reduce their emissions of greenhouse gases to specific targets. Crucially, the Protocol also provides for so-called "emissions trading," whereby nations could offset the need for rapid cuts in their own emissions by buying emissions credits from other countries. But starting this trading system would require creating emission permits worth two trillion dollars--the largest single invention of assets by voluntary international treaty in world history. Even if it were politically possible to distribute such astronomical sums, the Protocol does not provide for adequate monitoring and enforcement of these new property rights. Nor does it offer an achievable plan for allocating new permits, which would be essential if the system were expanded to include developing countries. The collapse of the Kyoto Protocol--which Victor views as inevitable--will provide the political space to rethink strategy. Better alternatives would focus on policies that control emissions, such as emission taxes. Though economically sensible, however, a pure tax approach is impossible to monitor in practice. Thus, the author proposes a hybrid in which governments set targets for both emission quantities and tax levels. This offers the important advantages of both emission trading and taxes without the debilitating drawbacks of each. Individuals at all levels of environmental science, economics, public policy, and politics-from students to professionals--and anyone else hoping to participate in the debate over how to slow global warming will want to read this book.

The Kyoto Protocol & Its Economic Implications

The Kyoto Protocol & Its Economic Implications PDF Author: Dan Schaefer
Publisher: DIANE Publishing
ISBN: 0788186019
Category : Carbon dioxide
Languages : en
Pages : 395

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Book Description
A Congressional hearing on the Kyoto Protocol, on the costs of stabilizing greenhouse gas emissions at 1990 levels by the year 2010, & its possible economic implications to the U.S. Witnesses include: Stuart E. Eizenstat, Under Secretary for Economic Business & Agricultural Affairs, U.S. Dept. of State; & Janet Yellen, Chair, Council of Economic Advisors. Additional material submitted for the record: Hon. Dan Schaefer, letter dated March 26, 1998, to Hon. Janet Yellen, requesting material for the record, & submission of same.

Fossil Fuels in a Changing Climate

Fossil Fuels in a Changing Climate PDF Author: Ulrich Bartsch
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 394

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Book Description
This book assesses the effects on fossil fuel markets of climate change policies as agreed in Kyoto. This evaluation involves, as a reference case, projections for emissions, energy supply, demand, and prices in a world which does not adopt specific greenhouse policies. The impact of a future involvement of developing countries in an expanded climate change agreement is also analysed.

The Kyoto Protocol

The Kyoto Protocol PDF Author: Sebastian Oberthür
Publisher: Springer Science & Business Media
ISBN: 3662039257
Category : Science
Languages : en
Pages : 369

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Book Description
The adoption of the Kyoto Protocol in December 1997 was a major achievement in the endeavour to tackle the problem of global climate change at the dawn of the 21st century. After many years of involvement in the negotiation process, the book's two internationally recognised authors now offer the international community a first hand and inside perspective of the debate on the Kyoto Protocol. The book provides a comprehensive scholarly analysis of the history and content of the Protocol itself as well as of the economic, political and legal implications of its implementation. It also presents a perspective for the further development of the climate regime. These important features make this book an indispensable working tool for policy makers, negotiators, academics and all those actively involved and interested in climate change issues in both the developed and developing world.

Global Warming

Global Warming PDF Author: Ernesto Zedillo Ponce de León
Publisher: Brookings Institution Press
ISBN:
Category : Law
Languages : en
Pages : 256

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Book Description
"Comprehensive examination of the economic, social, and political context of climate policy in industrialized and developing nations. Calls for a multilateral approach that goes beyond the mitigation-focused Kyoto policies and stresses the importance of generating policies that work within a time frame commensurate with that of climate change itself"--Provided by publisher.

Climate Policy--from Rio to Kyoto

Climate Policy--from Rio to Kyoto PDF Author: Siegfried Fred Singer
Publisher: Hoover Institution Press
ISBN: 9780817943721
Category : Climatic changes
Languages : en
Pages : 0

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Book Description
"Within the United States, global warming and related policy issues are becoming increasingly contentious, surfacing in the presidential contests of the year 2000 and beyond. They enter into controversies involving international trade agreements, questions of national sovereignty versus global governance, and ideological debates about the nature of future economic growth and development. On a more detailed level, determined efforts are under way by environmental groups and their sympathizers in foundations and in the federal government to restrict and phase out the use of fossil fuels (and even nuclear reactors) as sources of energy. Such measures would reduce greenhouse-gas emissions into the atmosphere but also effectively deindustrialize the United States." "International climate policy is based on the 1997 Kyoto Protocol, which calls on industrialized nations to carry out, within one decade, drastic cuts in the emission of greenhouse gases (GHG) that stem mainly from the burning of fossil fuels. The Protocol is ultimately based on the 1996 Scientific Assessment Report issued by the Intergovernmental Panel on Climate Change (IPCC), a U.N. advisory body." "The essay attempts to trace the various motivations that led to the Kyoto Protocol. It concludes that U.S. domestic politics rather than science or economics will decide the fate of the Protocol; in particular, the presidential elections of 2000 will determine whether the United States ultimately ratifies the Protocol, which would be essential for its global enactment. Conversely, informed debate about the Protocol can influence the outcome of the elections."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Policy Implications of Greenhouse Warming

Policy Implications of Greenhouse Warming PDF Author: National Academy of Engineering
Publisher: National Academies Press
ISBN: 0309043867
Category : Political Science
Languages : en
Pages : 945

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Book Description
Global warming continues to gain importance on the international agenda and calls for action are heightening. Yet, there is still controversy over what must be done and what is needed to proceed. Policy Implications of Greenhouse Warming describes the information necessary to make decisions about global warming resulting from atmospheric releases of radiatively active trace gases. The conclusions and recommendations include some unexpected results. The distinguished authoring committee provides specific advice for U.S. policy and addresses the need for an international response to potential greenhouse warming. It offers a realistic view of gaps in the scientific understanding of greenhouse warming and how much effort and expense might be required to produce definitive answers. The book presents methods for assessing options to reduce emissions of greenhouse gases into the atmosphere, offset emissions, and assist humans and unmanaged systems of plants and animals to adjust to the consequences of global warming.

International Trade and Climate Change

International Trade and Climate Change PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821372262
Category : Science
Languages : en
Pages : 162

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Book Description
Climate change remains a global challenge requiring international collaborative action. Another area where countries have successfully committed to a long-term multilateral resolution is the liberalization of international trade. Integration into the world economy has proven a powerful means for countries to promote economic growth, development, and poverty reduction. The broad objectives of the betterment of current and future human welfare are shared by both global trade and climate regimes. Yet both climate and trade agendas have evolved largely independently through the years, despite their mutually supporting objectives. Since global emission goals and global trade objectives are shared policy objectives of most countries, and nearly all of the World Bank's clients, it makes sense to consider the two sets of objectives together. This book is one of the first comprehensive attempts to look at the synergies between climate change and trade objectives from economic, legal, and institutional perspectives. It addresses an important policy question - how changes in trade policies and international cooperation on trade policies can help address global environmental spillovers, especially GHG emissions, and what the (potential) effects of (national) environmental policies that are aimed at global environmental problems might be for trade and investment. It explores opportunities for aligning development and energy policies in such a way that they could stimulate production, trade, and investment in cleaner technology options.