Arbeitspapier
Benefits & costs of Kyoto
The 1998 Kyoto protocol signalled a new earnestness of international intent toward addressing the perceived risk of climate change. Kyoto demands that developed nations turn their economies so as to hit differentiated, sub-1990 level carbon emission targets within the next decade or so. But when thinking of the Kyoto protocol imagine trying to turn a battleship on a dime with a third of the crew on-board. Improbable, but doable...but for what benefit...and at what cost? The magnitude depends on what you choose to believe about the answer to these questions: Are we on the cusp of a catastrophe? Will developing countries ever participate? What will we do with any revenues that are raised in a trading system? Should nations be forced to reduce some fixed percentage of emissions at home? Can carbon sinks reduce costs? Will people adopt new energy-efficient technologies without a price hike in energy? The answers to these questions from economic analysis say that the catastrophes have to be exceedingly likely for Kyoto to make sense.
- Sprache
-
Englisch
- Erschienen in
-
Series: Nota di Lavoro ; No. 44.1999
- Klassifikation
-
Wirtschaft
- Thema
-
Climate change
Benefits
Costs
Technology
Flexibility
Umweltabkommen
Treibhausgas-Emissionen
Klimawandel
Kosten-Nutzen-Analyse
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Shogren, Jason
- Ereignis
-
Veröffentlichung
- (wer)
-
Fondazione Eni Enrico Mattei (FEEM)
- (wo)
-
Milano
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Shogren, Jason
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 1999
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