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Energy and Global Warming: Catch-Up Countries against Mature Economies

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  • Jan-Erik Lane

    (Fellow with Public Policy Institute, Belgrade, Serbia)

Abstract

At the big reunions of the UNCC, two groups stand against each other. On the one hand, there is the catch-up set of countries that have recently taken off economically and that will not accept a trade-off between economic development and environmental need of cutting emissions. On the other hand, there is the set of mature economies that grow sluggishly and have started to cut back on fossil fuels, especially coal. The first set of nations want the second set to pay for their gigantic energy transformation in a few decades – decarbonisation. The first set claimed that had not created the big problem originally, and that fairness requires that the rich help the poor. At the COP21 summit, a deal was struck, worth 100 billion dollars per year to fund a Stern (2007) like Super Fund. But will it really be put in place and made operational?

Suggested Citation

  • Jan-Erik Lane, 2016. "Energy and Global Warming: Catch-Up Countries against Mature Economies," International Journal of World Policy and Development Studies, Academic Research Publishing Group, vol. 2(8), pages 55-60, 08-2016.
    • Handle: RePEc:arp:ijwpds:2016:p:55-60
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    References listed on IDEAS

    as
    1. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801.
    2. Ramesh, Jairam, 2015. "Green Signals: Ecology, Growth, and Democracy in India," OUP Catalogue, Oxford University Press, number 9780199457526.
    3. Hayek, F. A., 1991. "The Fatal Conceit," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226320663 edited by Bartley, III, W. W., September.
    Full references (including those not matched with items on IDEAS)

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