IDEAS home Printed from https://ideas.repec.org/a/sae/engenv/v12y2001i5-6p487-498.html
   My bibliography  Save this article

Flexible Mechanisms in the Corporate Greenhouse: Implementation of the Kyoto Protocol and the Globalization of the Electric Power Industry

Author

Listed:
  • Yda Schreuder
  • Christopher Sherry

Abstract

The contradictions and unresolved tensions between economic globalization and climate change negotiations have added urgency to the climate change debate. The paper argues that the declining role of the nation state in the global economy and the increasing reach of transnational corporations throughout the world present a serious challenge to the environmental integrity and success of international environmental treaties such as the Kyoto Protocol. In particular efficacy and equity of the flexible mechanism under the Kyoto Protocol are questioned as illustrated by the patterns of Foreign Direct Investment (FDI) of the U.S. electric power industry in the developing world. U.S. FDI in the electric power sectors of developing countries supports continued carbon-intensive development patterns which will make the long-term goals of the Kyoto Protocol more difficult to achieve. Consequently, FDI raises questions about justifiability of giving credits to Annex I countries through CDM projects undertaken by transnational electric power corporations.

Suggested Citation

  • Yda Schreuder & Christopher Sherry, 2001. "Flexible Mechanisms in the Corporate Greenhouse: Implementation of the Kyoto Protocol and the Globalization of the Electric Power Industry," Energy & Environment, , vol. 12(5-6), pages 487-498, November.
    • Handle: RePEc:sae:engenv:v:12:y:2001:i:5-6:p:487-498
    DOI: 10.1260/0958305011500896
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1260/0958305011500896
    Download Restriction: no
    File URL: https://libkey.io/10.1260/0958305011500896?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Daly, Herman & Goodland, Robert, 1994. "An ecological-economic assessment of deregulation of international commerce under GATT," Ecological Economics, Elsevier, vol. 9(1), pages 73-92, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Barbier, Edward B. & Bulte, Erwin H., 2004. "Introduction to the symposium on trade, renewable resources and biodiversity," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 883-890, September.
    2. Muradian, Roldan & Martinez-Alier, Joan, 2001. "Trade and the environment: from a 'Southern' perspective," Ecological Economics, Elsevier, vol. 36(2), pages 281-297, February.
    3. Wang, Shu-Hong & Song, Ma-Lin, 2014. "Review of hidden carbon emissions, trade, and labor income share in China, 2001–2011," Energy Policy, Elsevier, vol. 74(C), pages 395-405.
    4. Strömberg, Per, 2002. "The Mexican maquila industry and the environment: an overview of the issues," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4887, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Seo, Kami & Taylor, Jonathan, 2003. "Forest resource trade between Japan and Southeast Asia: the structure of dual decay," Ecological Economics, Elsevier, vol. 45(1), pages 91-104, April.
    6. Eglin, Richard, 2001. "Keeping the "T" in the WTO: where to next on environment and labor standards?," The North American Journal of Economics and Finance, Elsevier, vol. 12(2), pages 173-191, July.
    7. Carl-Erik Schulz, 1996. "Trade policy and ecology," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 8(1), pages 15-38, July.
    8. van Veen-Groot, Danielle B. & Nijkamp, Peter, 1999. "Globalisation, transport and the environment: new perspectives for ecological economics," Ecological Economics, Elsevier, vol. 31(3), pages 331-346, December.
    9. Stephen Devadoss & Jude Bayham, 2013. "US Ethanol Trade Policy: Pollution Reduction or Domestic Protection," Review of International Economics, Wiley Blackwell, vol. 21(3), pages 568-584, August.
    10. Ring, Irene, 1997. "Evolutionary strategies in environmental policy," Ecological Economics, Elsevier, vol. 23(3), pages 237-249, December.
    11. Jing Tian & Hua Liao & Ce Wang, 2015. "Spatial–temporal variations of embodied carbon emission in global trade flows: 41 economies and 35 sectors," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 78(2), pages 1125-1144, September.
    12. Brian R. Copeland & M. Scott Taylor, 1997. "A Simple Model of Trade, Capital Mobility, and the Environment," NBER Working Papers 5898, National Bureau of Economic Research, Inc.
    13. Darwin, Roy & Tsigas, Marinos & Lewandrowski, Jan & Raneses, Anton, 1996. "Land use and cover in ecological economics," Ecological Economics, Elsevier, vol. 17(3), pages 157-181, June.
    14. Moon, Wanki, 2011. "Is agriculture compatible with free trade?," Ecological Economics, Elsevier, vol. 71(C), pages 13-24.
    15. Wackernagel, Mathis & Rees, William E., 1997. "Perceptual and structural barriers to investing in natural capital: Economics from an ecological footprint perspective," Ecological Economics, Elsevier, vol. 20(1), pages 3-24, January.
    16. Michael Redclift, 1997. "Development And Global Environmental Change," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(3), pages 391-401.
    17. van den Bergh, Jeroen C. J. M. & Verbruggen, Harmen, 1999. "Spatial sustainability, trade and indicators: an evaluation of the 'ecological footprint'," Ecological Economics, Elsevier, vol. 29(1), pages 61-72, April.
    18. Jayadevappa, Ravishankar & Chhatre, Sumedha, 2000. "International trade and environmental quality: a survey," Ecological Economics, Elsevier, vol. 32(2), pages 175-194, February.
    19. Smith, Fraser, 1996. "Biological diversity, ecosystem stability and economic development," Ecological Economics, Elsevier, vol. 16(3), pages 191-203, March.
    20. Rauscher, Michael, 2001. "International trade, foreign investment, and the environment," Thuenen-Series of Applied Economic Theory 29, University of Rostock, Institute of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:engenv:v:12:y:2001:i:5-6:p:487-498. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.