Kyoto protocol canada essay abstract of the report essay

This paper demonstrates how three important results in environmental economics, true under mild conditions in closed economies, are false or need serious amendment in a world with international trade in goods. Since the three results we highlight have framed much of the ongoing discussion and research on the Kyoto protocol our viewpoint from trade theory suggests a re-examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed economy setting: (1) unilateral emission reductions by the rich North can create self-interested emission reductions by the unconstrained poor South; (2) simple rules for allocating emission reductions across countries (such as uniform reductions) may well be efficient even if international trade in emission permits is not allowed; and (3) when international emission permit trade does occur it may make both participants in the trade worse off and increase global emissions.

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The Effect of the Kyoto-Protocol on the Earth Essay | …

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By January 2004, several countries had ratified the Kyoto Protocol, including Japan, Canada, New Zealand, and most European signatories. Collectively, these ratifying countries represented approximately 44 percent of the total greenhouse gas emissions produced in 1990 – only 11 percent shy of the 55 percent target cited in the Protocol’s terms. The deciding factor in the eventual implementation of the Protocol was Russia, which represented 17 percent of total 1990 emissions.

Russia had been unclear about whether it would ratify the Protocol, However, in November 2004, Russian President Vladimir Putin announced his government would indeed pass the agreement, ensuring the Protocol would come into effect in 2005. Russian support was due, in large part, to its desire to become a member of the World Trade Organization (); Russia agreed to ratify the Protocol in exchange for European support for Russia’s entry. This development was pivotal; without Russia’s support, the Protocol would not have met the 55 percent threshold and would have failed accordingly.

Kyoto protocol essay - Why be concerned about the review

On February 16, 2005, the Kyoto Protocol formally came into effect, committing key industrialized countries, including Canada, to specific targets for reducing or limiting their greenhouse gas emissions between 2008 and 2012.

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The Kyoto Protocol Persuasive Essay by ..

One of the more fundamental issues centres on the science of global warming itself. The (), a United Nations agency, has predicted that the earth’s average temperature will increase between 1.4 and 5.8 degrees Celsius between the years 1990 and 2100, with potentially significant environmental and social consequences. There has been, however, some limited controversy over these projections, especially in regards to the precise environmental and social impact of global warming. This has, in turn, led some to question the necessity of the Kyoto Protocol, especially considering its potential impacts on the sovereignty and economic development of nations (see below).

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- The protocol invents economically justified mechanisms to reduce GHGemissions, so that the countries which have obligations according to the Kyotoprotocol to reduce GHG can opt to pay lower price for the GHG reduction inother countries. The price for the GHG reduction in some countries is less andleads to the emission reduction on global level.

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- Fast growing economies like China, India are among the developingcountries which have no obligations according to the Kyoto protocol andpractically can continue to develop without implementing environmentaltechnologies and emitting great amount of GHG. Indicators show that thesecountries contribute to climate change in considerable degree and internationalcommunity has to invent ways of lowering GHG emissions in these countries todeal with climate change problem.