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The White House and the Kyoto Protocol: Double Standards on Uncertainties and Their Consequences

Author

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  • Philippe Tulkens

    (TERI School of Advanced Studies)

  • Henry Tulkens

    (CORE, Université Catholique de Louvain)

Abstract

This paper compares the level of uncertainty widely reported in climate change scientific publications with the level of uncertainty of the costs estimates of implementing the Kyoto Protocol in the United States. It argues that these two categories of uncertainties were used and ignored, respectively, in the policy making process in the US so as to challenge the scientific basis on the one hand and on the other hand to assert that reducing emissions would hurt the economy by an amount stated without any qualification. The paper reviews the range of costs estimates published since 1998 on implementing the Kyoto Protocol in the US. It comments on the significance of these cost estimates and identifies a decreasing trend in the successive estimates. This implies that initially some of the most influential economic model-based assessments seem to have overestimated the costs, an overestimation that may have played a significant role in the US decision to withdraw from the Protocol. The paper concludes with advocating that future economic estimates always include uncertainty ranges, so as to be in line with a basic transparency practice prevailing in climate science.

Suggested Citation

  • Philippe Tulkens & Henry Tulkens, 2006. "The White House and the Kyoto Protocol: Double Standards on Uncertainties and Their Consequences," Working Papers 2006.89, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:2006.89
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    References listed on IDEAS

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    1. Stephen H. Schneider, 2001. "What is 'dangerous' climate change?," Nature, Nature, vol. 411(6833), pages 17-19, May.
    2. Terry Barker and Paul Ekins, 2004. "The Costs of Kyoto for the US Economy," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 53-72.
    3. Florentin Krause & Stephen J. DeCanio & J. Andrew Hoerner & Paul Baer, 2002. "Cutting Carbon Emissions At A Profit (Part I): Opportunities For The United States," Contemporary Economic Policy, Western Economic Association International, vol. 20(4), pages 339-365, October.
    4. Ellerman,A. Denny & Joskow,Paul L. & Schmalensee,Richard & Montero,Juan-Pablo & Bailey,Elizabeth M., 2005. "Markets for Clean Air," Cambridge Books, Cambridge University Press, number 9780521023894.
      • Ellerman,A. Denny & Joskow,Paul L. & Schmalensee,Richard & Montero,Juan-Pablo & Bailey,Elizabeth M., 2000. "Markets for Clean Air," Cambridge Books, Cambridge University Press, number 9780521660839.
    5. Ellerman, A. Denny & Montero, Juan-Pablo, 1998. "The Declining Trend in Sulfur Dioxide Emissions: Implications for Allowance Prices," Journal of Environmental Economics and Management, Elsevier, vol. 36(1), pages 26-45, July.
    6. Mark Lasky, 2003. "The Economic Costs of Reducing Emissions of Greenhouse Gases: A Survey of Economic Models: Technical Paper 2003-03," Working Papers 14414, Congressional Budget Office.
    7. Peterson, Sonja, 2006. "Uncertainty and economic analysis of climate change: a survey of approaches and findings," Open Access Publications from Kiel Institute for the World Economy 3778, Kiel Institute for the World Economy (IfW Kiel).
    8. James M. Murphy & David M. H. Sexton & David N. Barnett & Gareth S. Jones & Mark J. Webb & Matthew Collins & David A. Stainforth, 2004. "Quantification of modelling uncertainties in a large ensemble of climate change simulations," Nature, Nature, vol. 430(7001), pages 768-772, August.
    9. Stephen J. DeCanio, 2003. "Economic Models of Climate Change," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-50946-7.
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    Cited by:

    1. Francois Gusdorf & Stéphane Hallegatte & Alain Lahellec, 2007. "Time and space matter: how urban transitions create inequality," CIRED Working Papers hal-00522404, HAL.

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    More about this item

    Keywords

    United States; Kyoto Protocol; Cost Estimates; Uncertainties;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access

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