Beyond Kyoto: advancing the international effort against climate change
By: Aldy, Joseph E
Contributor(s): Baron, Richard
| Heller, Thomas C
Material type: 


Item type | Current location | Item location | Call number | Status | Date due | Barcode |
---|---|---|---|---|---|---|
Books | Vikram Sarabhai Library | Slot 1705 (2 Floor, East Wing) | 574.92 A5B3 (Browse shelf) | Available | 155956 |
Addressing cost—and the perception of cost—is a central issue in
fashioning an effective international response to climate change. Greenhouse gas
emissions occur as a by-product of virtually every type of economic activity, from driving a car to using a
computer, operating a steel mill, or growing rice. Any effort to mitigate greenhouse gas (GHG) emissions
will require investments in new technology and probably changes in behavior—in short, modifications to
economic activity that entail costs to society. These costs could be substantial for some activities and
could vary significantly across countries. Strictly from an economic vantage point, it is important that
any international strategy against climate change include measures to manage cost. Perhaps more
importantly, though, addressing cost concerns is key to securing the broadest possible participation
in a climate agreement, and to ensuring that parties ultimately fulfill their commitments. Successfully
addressing cost, in other words, is essential to achieving the goal of climate protection.
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