A NEW CLIMATE STRATEGY BEYOND 2012: LESSONS FROM MONETARY HISTORY

2012 ◽  
Vol 57 (03) ◽  
pp. 1250016 ◽  
Author(s):  
WARWICK J. MCKIBBIN

The Kyoto Protocol was the outcome of many years of multilateral negotiation and political compromise with the ultimate aim of reducing the risk of dangerous climate change. Unfortunately, most of the countries that ratified the Kyoto Protocol have not taken effective action to curb greenhouse gas emissions, with many Kyoto countries not looking likely to reach their targets. There is also a lack of enthusiasm from major developing countries to take on the binding targets that form the basis of the Kyoto Protocol Approach. This has raised serious doubts about the viability of the Kyoto policy of committing countries to targets and timetables especially as a model for the current negotiations. As the science becomes more compelling that action is needed to curb greenhouse gas emissions, countries are beginning to look for more sustainable alternatives for the period beyond 2012. This paper outlines the key features that are needed in a new climate change framework beyond Kyoto drawing on lessons from monetary history. Using the analogy to the way modern central banks run monetary policy, it outlines an alternative to the Kyoto Protocol, which is a system of national climate policies coordinated around a common global price for carbon.

2008 ◽  
Vol 127 (1) ◽  
pp. 138-151
Author(s):  
Chris Russill

New Zealand's greenhouse gas emissions have increased significantly since 1990. This article examines how the fact of increasing emissions is discussed and given significance in New Zealand's national public discourse on climate change. Greenhouse gas emissions became a serious public concern on 17 June 2005, when the New Zealand government estimated a $307 million Kyoto Protocol liability in its 2005 financial statements. Conservative media coverage of this report emphasised governmental miscalculation, the financial liabilities generated by Kyoto Protocol regulations and a struggle between Climate Change Minister Peter Hodgson and industry voices over how to define the problem. This article links the arguments and discursive strategies used in the 17 June 2005 newspaper coverage of increasing greenhouse gas emissions to the institutional actors shaping New Zealand climate change policy. The increased effectiveness of industry challenges to government climate change policy is noted and discussed.


2012 ◽  
Vol 51 (No. 3) ◽  
pp. 108-114 ◽  
Author(s):  
Z. Sarvašová ◽  
A. Kaliszewski

The United Nations Framework Convention on Climate Change accepted in 1992 at the Earth Summit in Rio de Janeiro provides principles and framework for cooperative international action on mitigating climate change. But it soon became clear that more radical targets were needed to encourage particular countries to reduce greenhouse gas emissions. In response, countries that have ratified the United Nation Framework Convention on Climate Change accepted the Kyoto Protocol in 1997. The rulebook for how the Kyoto Protocol will be implemented – the Marrakech Accord, was agreed in 2001. This paper describes political instruments and facilities of mitigating climate change by forestry proposed in those political documents.


Author(s):  
Müslüme Narin

The growth of the world economy, rapid population growth and urbanization increased the demand for energy. Nowadays, a large part of the growing demand for energy provided by fossil fuels, carbon dioxide and greenhouse gas emissions resulting from the burning of these fuels leading to climate change and global warming. Reduction of greenhouse gas emissions in 1994 to the United Nations Framework Convention on Climate Change, the Kyoto Protocol entered into force in 2005. The Kyoto Protocol, emission volume of the three market-based flexibility mechanisms have to be considered. One of these mechanisms is emissions trading. This study will focus on emissions trading systems and carbon markets. All over the world in recent years, based on the spot and futures contracts are traded on the carbon. In this direction of the world's carbon stocks and its activities will be discussed. Also in 2008, in the aftermath of the global crisis and European Debt Crisis its effects on carbon markets will be investigated.


Author(s):  
Marco Gambini ◽  
Michela Vellini

Climate change is a very important environmental, social and economic global problem. During the last century, the Earth’s average surface temperature rose by around 0.6°C. Evidence is getting stronger that most of the global warming that has occurred over the last 50 years is attributable to human activities. Human activities that contribute to climate change include the burning of fossil fuels because it causes emissions of carbon dioxide (CO2), which is the main gas responsible for climate change. In order to bring climate change to a halt, global greenhouse gas emissions would have to be reduced significantly. The European Union (EU) is engaged in international efforts to combat climate change. The EU is also taking serious steps to address its own greenhouse gas emissions. In March 2000 the Commission launched the European Climate Change Programme (ECCP). The ECCP led to the adoption of a range of new policies and measures, among which the EU’s emissions trading scheme, which started its operation on 1 January 2005, will play a key role. In this paper, we want to shortly explain the mechanisms of the Kyoto Protocol, paying particular attention to the Emission Trading. We want to illustrate the European directive and the consequent Italian one: we will explain the Italian implementing norms that have been emitted for the period 2005–2007 and 2008–2012. Limiting then the analysis to the sector of electricity production, we want to show some examples of Italian power plants: we will illustrate them and we will estimate their CO2 emissions (according to a typical annual operation). The emission levels will be compared with CO2 quotas assigned in the period 2008–2012: these results will be commented in terms of the unavoidable economic implications that such allocation will involve. The CO2 quotas, assigned to Italy already for the period 2005–2007, involve a large control of these emissions: such situation will be reflected unavoidably on the increase of the kWh cost (it is already particularly high in comparison with the European average because of the particular energetic mix on which our electricity production is based): these effects could be particularly heavy for the competitiveness of our production system and for the modernization and the widening of our power plant park.


2013 ◽  
Vol 20 (1) ◽  
pp. 1-6 ◽  
Author(s):  
Stephen M. Ogle ◽  
Lydia Olander ◽  
Lini Wollenberg ◽  
Todd Rosenstock ◽  
Francesco Tubiello ◽  
...  

2020 ◽  
Author(s):  
Christian Schott

<p><b>Abstract </b></p> <p>While the pedagogical benefits of fieldtrips have long been recognised our ever increasing understanding of the impacts of flying on climate change is presenting educators with a poignant dilemma; the many benefits long associated with international fieldtrips are at odds with the world community’s needs in limiting/halting climatic change. In response, the paper presents the concept of a VR-based virtual fieldtrip as an innovative and carbon-sensitive type of (educational) travel. The paper not only makes the case for virtual fieldtrips as a meaningful learning tool but also explores both the virtual fieldtrip’s impact on Greenhouse Gas emissions and climate change-related learning. On both accounts the initial findings in this paper are very encouraging. More in-depth research is now required to not only develop a deeper understanding of the full breadth of benefits, but also of the diverse weaknesses presented by virtual fieldtrips and how to negotiate them.</p>


2021 ◽  
Vol 5 (4) ◽  
pp. 26-35
Author(s):  
Ayanda Pamella Deliwe ◽  
Shelley Beryl Beck ◽  
Elroy Eugene Smith

Objective – This paper sets out to assess perceptions of food retailers regarding climate change, greenhouse gas emission and sustainability in the Nelson Mandela Bay region of South Africa. The primary objective of this study is to investigate the food retailers’ greenhouse gas emissions strategies. Climate change catastrophic potential and the harmful effect that it has had on the community and businesses has led to it being given attention from social media and in literature. Methodology/Technique – This paper covered a literature review that provided the theoretical framework. The empirical study that was carried out included self-administered questionnaires which were distributed to 120 food retailers who were selected from the population using convenience sampling. Findings - The results revealed that most of the respondents were neutral towards the impact of operational factors regarding GHG emission in the food retail sector. Novelty - There is limited research that has been conducted among food retailers from the designated population. The study provided guidelines that will be of assistance to food retailers when dealing with climate change and greenhouse gas emissions impact in the food retail sector. Type of Paper: Empirical. JEL Classification: L66, Q54, Q59. Keywords: Climate Change; Food Retailers; Greenhouse Gas Emissions; Perceptions; Strategies; Sustainability Reference to this paper should be made as follows: Deliwe, A.P; Beck, S.B; Smith, E.E. (2021). Perceptions of Food Retailers Regarding Climate Change and Greenhouse Gas Emissions, Journal of Business and Economics Review, 5(4) 26–35. https://doi.org/10.35609/jber.2021.5.4(3)


2017 ◽  
pp. 78
Author(s):  
Harri Moora ◽  
Evelin Urbel-Piirsalu ◽  
Viktoria Voronova

Waste management has an influence on the greenhouse gas (GHG) formation. The emissions of greenhouse gases vary between the EU countries depending on waste treatment practices and other regional factors such us composition of waste. The aim of this paper was to examine, from a life-cycle perspective, Municipal Solid Waste (MSW) management in the context of greenhouse gas formation and to evaluate the possible reduction of climate change potential of alternative waste management options in Estonia. The paper summarises the results of a case study in Estonia, assessing the climate change impact by 2020 in terms of net greenhouse gas emissions from two possible management scenarios. As a result it can be concluded that better management of municipal waste and diversion of municipal waste away from landfills could significantly reduce the emissions of GHG and, if high rates of recycling and incineration with energy recovery are attained, the net greenhouse gas emissions may even become negative. It means that these waste management options can partly offset the emissions that occurred when the products were manufactured from virgin materials and energy was produced from fossil fuels. This is especially important concerning the climate change impact.


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