scholarly journals Biological carbon sinks: Transaction costs and governance

2009 ◽  
Vol 85 (3) ◽  
pp. 372-376 ◽  
Author(s):  
G. Cornelis van Kooten
Keyword(s):  
Climate Change ◽  
Transaction Costs ◽  
Emissions Trading ◽  
Fossil Fuel ◽  
Emissions Reduction ◽  
Carbon Uptake ◽  
Agricultural Ecosystems ◽  
Tax Subsidy ◽  
Subsidy Scheme ◽  
Direct Substitution

Activities that remove CO2 from the atmosphere and store it in forest and agricultural ecosystems can generate CO2-offset credits that can thus substitute for CO2 emissions reduction. Are biological CO2-uptake activities competitive with CO2 offsets from reduced fossil fuel use? In this paper, it is argued that transaction costs impose a formidable obstacle to direct substitution of carbon uptake offsets for emissions reduction in trading schemes, and that separate caps should be set for emissions reduction and sink-related activities. While a tax/subsidy scheme is preferred to emissions trading for incorporating biologically generated CO2 offsets, contracts that focus on the activity, and not the amount of carbon sequestered, are most likely to lead to the lowest transaction costs. Key words: carbon sequestration, transaction costs, climate change

scholarly journals Does Resource Abundance Require Special Approaches to Climate Policies? The Case of Russia

2021 ◽  
Author(s):  
Igor Makarov
Keyword(s):  
Climate Change ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Global Climate ◽  
Ghg Emissions ◽  
Emissions Reduction ◽  
Climate Policies ◽  
Net Zero ◽  
Structural Differences ◽  
Global Movement

Abstract As the world’s largest fossil fuels exporter, Russia is one of the key countries for addressing global climate change. However, it has never demonstrated any significant ambitions to reduce greenhouse gas (GHG) emissions. This paper applies ideational research methodology to identify the structural differences in economic, political, and social normative contexts between industrialized fossil fuel importing economies and Russia that lead to the fundamental gap in motivations driving decarbonization efforts. Consequently, Russia is unlikely to replicate the approach to the green transition and use instruments of climate policies which are utilized in energy-importing countries. In order to launch decarbonization in Russia, interested stakeholders need to frame climate policies in Russia differently. Specifically, the framing must address the priority of diversification as a means to adapting the national economy to a new green landscape, the combination of diverse channels for decarbonization, the promotion of energy-efficiency, closer attention to climate-related forest projects and linkage of climate change with other environmental problems. Moreover, considering Russia’s emissions as a part of the global economic system and shifting from a simplistic national focus on GHG emissions reduction would help coordinate policies through dialogue between exporters and importers of fossil fuels energy-intensive goods, which is essential for the global movement towards a net-zero future.

Interest in carbon markets will rise globally

2018 ◽  
Keyword(s):  
Climate Change ◽  
Emissions Trading ◽  
Emissions Reduction ◽  
Carbon Markets ◽  
Trading System ◽  
Intergovernmental Panel ◽  
Content Type ◽  
Eu Emissions Trading System ◽  
Emissions Trading System ◽  
The Eu

Subject Carbon markets. Significance Prices for carbon allowances in the EU Emissions Trading System (ETS) have risen this year, reviving interest in carbon markets as a means of combatting climate change. With a report from the UN Intergovernmental Panel on Climate Change (IPCC) last month calling for drastic action to slash emissions by 2030, that interest could rise further. Impacts Some 88 countries are considering carbon pricing to meet emissions reduction commitments. Growing interest in ETS may trigger a revival of fraudulent schemes around the carbon market. Renewed concerns over higher carbon allowance prices will make it harder to agree reduction targets.

scholarly journals A room with a view: a special issue with a special perspective

2021 ◽  
Vol 26 (3) ◽  
pp. 205-210
Author(s):  
Simone Borghesi
Keyword(s):  
Climate Change ◽  
Developing Countries ◽  
Climate Policy ◽  
Present Article ◽  
Emerging Economies ◽  
Emissions Trading ◽  
Developed Countries ◽  
Special Issue ◽  
Climate Policies

AbstractThe present article describes the main insights deriving from the papers collected in this special issue which jointly provide a ‘room with a view’ on some of the most relevant issues in climate policy such as: the role of uncertainty, the distributional implications of climate change, the drivers and applications of decarbonizing innovation, the role of emissions trading and its interactions with companion policies. While looking at different issues and from different angles, all papers share a similar attention to policy aspects and implications, especially in developing countries. This is particularly important to evaluate whether and to what extent the climate policies adopted thus far in developed countries can be replicated in emerging economies.

scholarly journals Root crops agroforestry for greening the sustainability of green revolution

2018 ◽  
Vol 8 (1) ◽  
pp. 26-37
Author(s):  
Y Widodo ◽  
S Wahyuningsih ◽  
JS Utomo ◽  
A Subagio
Keyword(s):  
Climate Change ◽  
Forest Canopy ◽  
Fossil Fuel ◽  
Agricultural Land ◽  
Green Revolution ◽  
Forest Conversion ◽  
World Population ◽  
Root Crops ◽  
Wide Range ◽  
Agro Forestry

Green revolution started at mid of twentieth century was the answer of anxiousness reminded by Malthusian that food scarcity problems in relation with population growth. In concurrence with exploitation of fossil fuel for agriculture mechanization as well as agrochemicals in the form of inorganic fertilizer and pesticide, green revolution by introducing high yielding varieties of cereals and grains was able to nourish the world population by increasing productivity. Indeed, from beginning of mechanization with fossil fuel based as advised by Rudolf Diesel then Arrhenius would be affected to the release of CO2 to the atmosphere and consequently exaggerating climate change as suffered by current and future generations. Under green revolution based on cereals and grains affected forest conversion into open agricultural land, because both commodities are sun-loving crops, which are hate to the shade. On the other hand, to slow the severity of climate change natural forest must be conserved tightly. Entering third millennium demand of food production with ecologically friendly is stronger. Hence, green revolution needs to be amended into greener perspectives. Thus, implementation of agro-forestry into wide range of agro-ecological zone is urgently innovated. Fortunately, shade tolerant of root crops has significant advantage to be developed under agro-forestry. Under shade of forest canopy at basal forest strata, root crops are able to sequester CO2 to be converted into carbohydrate and other compounds to provide food for the dweller. Back to nature is not only a slogan, with root crops under agro-forestry is a reality; fresh root up to 30 t ha-1 can be harvested yearly as the source of food and renewable fuel as well. This potential is very worthy to improve and greening the existing green revolution to be more sustainable.Int. J. Agril. Res. Innov. & Tech. 8 (1): 26-37, June, 2018

scholarly journals Impacts of the Fossil Fuel Divestment Movement: Effects on Finance, Policy and Public Discourse

2018 ◽  
Vol 10 (7) ◽  
pp. 2529 ◽  
Author(s):  
Noam Bergman
Keyword(s):  
Climate Change ◽  
Public Discourse ◽  
Fossil Fuel ◽  
Grey Literature ◽  
Fiduciary Duty ◽  
Student Groups ◽  
Finance Industry ◽  
Fossil Fuel Industry ◽  
The Uk ◽  
The Impact

The fossil fuel divestment movement campaigns for removing investments from fossil fuel companies as a strategy to combat climate change. It is a bottom-up movement, largely based in university student groups, although it has rapidly spread to other institutions. Divestment has been criticised for its naiveté and hard-line stance and dismissed as having little impact on fossil fuel finance. I analyse the impact of divestment through reviewing academic and grey literature, complemented by interviews with activists and financial actors, using a theoretical framework that draws on social movement theory. While the direct impacts of divestment are small, the indirect impacts, in terms of public discourse shift, are significant. Divestment has put questions of finance and climate change on the agenda and played a part in changing discourse around the legitimacy, reputation and viability of the fossil fuel industry. This cultural impact contributed to changes in the finance industry through new demands by shareholders and investors and to changes in political discourse, such as rethinking the notion of ‘fiduciary duty.’ Finally, divestment had significant impact on its participants in terms of empowerment and played a part in the revitalisation of the environmental movement in the UK and elsewhere.

scholarly journals Role of sustainomics and external climate forcing mechanism in biodiversity extinction : An overview

2019 ◽  
Vol 11 (1) ◽  
pp. 223-226
Author(s):  
Neerja Upadhyaya ◽  
Ruchi Jain ◽  
R. Upadhyaya
Keyword(s):  
Climate Change ◽  
Fossil Fuel ◽  
Wide Distribution ◽  
Complex Problem ◽  
Climate Forcing ◽  
Sensitive Issue ◽  
The Government ◽  
Social Scientific ◽  
Living Organisms

Over millions of years, physiology and anatomy of the living organisms has been changed due to internal climate forcing mechanism. This has influenced the world wide distribution of species. External climate forcing mechanism has caused rapid rise in earth’s temperature and it is expected to rise by 2-4 °C by the end of the century. It has now been recognised as the most complex problem of present scenario and being concerned in almost every field of science. Climate change is the most sensitive issue which is a challenge not only for the government and society but also for each individual. In the present communication impact of external climate forcing mechanism on biodiversity and its extinction is being analysed and role of sustainomics for the same is overviewed. Studies reveal that the rate of speciation of flora and fauna is not in the accordance with the rate of externally enforced climate change. Thus, the increased rate of climate change has caused catastrophic mass extinction threat for plants, animals and insects in the anthrapocene era. The pattern of extinction and threatened species are not yet known. Various solutions for the problem have been suggested by the multidisciplinary researches, rooted by the sustainomics. These suggestions include to diverge from fossil fuel, to use renewables, to make and apply rules for 3Rs etc. Only cooperative involvement of social, scientific and industrial bodies may resolve the problem.

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