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.
- Language
-
Englisch
- Bibliographic citation
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Series: Nota di Lavoro ; No. 44.1999
- Classification
-
Wirtschaft
- Subject
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Climate change
Benefits
Costs
Technology
Flexibility
Umweltabkommen
Treibhausgas-Emissionen
Klimawandel
Kosten-Nutzen-Analyse
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Shogren, Jason
- Event
-
Veröffentlichung
- (who)
-
Fondazione Eni Enrico Mattei (FEEM)
- (where)
-
Milano
- (when)
-
1999
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Shogren, Jason
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 1999
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Costs and benefits of immigration and multicultural interaction
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Transaction costs of the Kyoto mechanisms
Benefits and Costs of Transport
Benefits and costs of liquidity regulation
The benefits and costs of renminbi internationalization
Costs and Benefits of Producer Board Deregulation
The Transaction Costs Perspective on Costs And Benefits of Government Regulation
Endogenous induced technical change and the costs of Kyoto
Costs and benefits of urbanization: The Indian case
Costs and benefits of immigration and multicultural interaction
Costs and Benefits of Euro Adoption in Bulgaria
Costs and benefits of inter-departmental innovation collaboration