Will the Kyoto protocol affect growth in Russia?
Series: Policy Research Working Paper; no. 3454Publication details: Washington, D C World Bank 2004Description: 25 pSubject(s): DDC classification:- 301.32 L3W4
Item type | Current library | Item location | Shelving location | Call number | Status | Date due | Barcode | |
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Books | Vikram Sarabhai Library | Rack 9-A / Slot 284 (0 Floor, West Wing) | General Stacks | 301.32 L3W4 (Browse shelf(Opens below)) | Available | 161845 |
In light of the recent argument that rapid economic growth in Russia over the next decade, might result in emissions higher than the Kyoto target, thereby putting much-needed growth at risk, the authors revisit the discussion on the costs and benefits of ratification of the Kyoto Protocol by Russia. They conclude that even under a very high economic growth assumption, and even under very conservative assumptions about the decoupling between carbon dioxide emissions, and economic growth, Russia still benefits from a net surplus of emissions allowances, and thus will not see its growth adversely affected by the Kyoto target. In addition, a review of the possible costs, and benefits of the Kyoto Protocol suggests that the potential sale of excess allowances, far outweighs the other costs.
https://openknowledge.worldbank.org/handle/10986/14188
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