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Near-Term Greenhouse Gas Emissions Targets

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  • Kopp, Raymond

    ()
    (Resources for the Future)

Abstract

At the present time no widely accepted temporal emissions path for greenhouse gases has been developed and adopted at either a country or a global level. What does exist is a set of nearterm, country-level emissions targets associated with the first commitment period of the Kyoto Protocol and a process for the determination of targets for subsequent commitment periods. However, the first commitment period targets specified by the protocol have been heavily criticized on the grounds that they are arbitrary and ad hoc. The purpose of this paper is to examine the conceptual foundations upon which one might base a domestic climate policy for the United States and to attempt to determine whether a near-term emissions target can indeed be derived from structured decisionmaking resting upon these conceptual foundations.

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Bibliographic Info

Paper provided by Resources For the Future in its series Discussion Papers with number dp-04-41.

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Date of creation: 24 Nov 2004
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Handle: RePEc:rff:dpaper:dp-04-41

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Related research

Keywords: U.S. climate policy; greenhouse gas target; cost-effectiveness analysis; costbenefit analysis;

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References

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  1. David Pearce, 2003. "The Social Cost of Carbon and its Policy Implications," Oxford Review of Economic Policy, Oxford University Press, vol. 19(3), pages 362-384.
  2. Alan S. Manne & Richard G. Richels, 1999. "The Kyoto Protocol: A Cost-Effective Strategy for Meeting Environmental Objectives?," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 1-23.
  3. Kopp, Raymond & Portney, Paul, 1997. "Mock Referenda for Intergenerational Decisionmaking," Discussion Papers dp-97-48, Resources For the Future.
  4. Stephen C. Peck & Thomas J. Teisberg, 1999. "CO2 Emissions Control Agreements: Incentives for Regional Participation," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 367-390.
  5. Oran R. Young, 2003. "Environment and Statecraft: The Strategy of Environmental Treaty-Making," Global Environmental Politics, MIT Press, vol. 3(1), pages 145-147, 02.
  6. Nordhaus, William D & Yang, Zili, 1996. "A Regional Dynamic General-Equilibrium Model of Alternative Climate-Change Strategies," American Economic Review, American Economic Association, vol. 86(4), pages 741-65, September.
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Cited by:
  1. Muller-Furstenberger, Georg & Wagner, Martin, 2007. "Exploring the environmental Kuznets hypothesis: Theoretical and econometric problems," Ecological Economics, Elsevier, vol. 62(3-4), pages 648-660, May.
  2. Pizer, William, 2005. "Climate Policy Design Under Uncertainty," Discussion Papers dp-05-44, Resources For the Future.

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