IDEAS home Printed from https://ideas.repec.org/a/taf/tcpoxx/v2y2002i1p89-95.html
   My bibliography  Save this article

Precautionary climate policy and the somewhat flawed protocol: linking sinks to biofuel and the CDM to the convention

Author

Listed:
  • Peter Read

Abstract

Flaws in the Kyoto Protocol are obscured by claims of unfairness, with Annex 1 Parties committed to taking the lead-and precautionary measures required -by the Rio Convention, ratified by the US Senate, nem con. Such measures should be cost-effective, invalidating use of KP supplementarity to enforce a narrow concept of domestic action that neglects low cost preparedness to respond quickly to bad scientific news, e.g. regarding thresholds for runaway climate change processes. Carbon capture and sequestration, along with bio-energy, enable a low, possibly negative, emmissions carbon fuel system, avoiding the costly premature obsolescence of existing infrastructure. Linking low-cost sinks, particularly energy plantations, to biofuel utilisation can drive uptake of renewable liquid fuel technology, cutting net emissions fast, reducing dependence on mid-East oil, stimulating development in many land rich but otherwise impoverished economies, and hopefully providing a basis, through broadening of the CDM, for convergence after 2012 between Kyoto Parties and non-Kyoto Annex 1 Parties.

Suggested Citation

  • Peter Read, 2002. "Precautionary climate policy and the somewhat flawed protocol: linking sinks to biofuel and the CDM to the convention," Climate Policy, Taylor & Francis Journals, vol. 2(1), pages 89-95, March.
    • Handle: RePEc:taf:tcpoxx:v:2:y:2002:i:1:p:89-95
    DOI: 10.3763/cpol.2002.0207
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.3763/cpol.2002.0207
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.3763/cpol.2002.0207?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Schelling, Thomas C, 1992. "Some Economics of Global Warming," American Economic Review, American Economic Association, vol. 82(1), pages 1-14, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Read, Peter & Lermit, Jonathan, 2005. "Bio-energy with carbon storage (BECS): A sequential decision approach to the threat of abrupt climate change," Energy, Elsevier, vol. 30(14), pages 2654-2671.

    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. Dietz, Simon & Gollier, Christian & Kessler, Louise, 2018. "The climate beta," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 258-274.
    2. Juan Pablo Montero, 1998. "Optimal Opt-in "Climate" Contracts," Journal of Applied Economics, Universidad del CEMA, vol. 1, pages 363-384, November.
    3. Thomas Downing & Lasse Ringius & Mike Hulme & Dominic Waughray, 1997. "Adapting to climate change in Africa," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 2(1), pages 19-44, March.
    4. Fankhauser, Samuel & Kverndokk, Snorre, 1996. "The global warming game -- Simulations of a CO2-reduction agreement," Resource and Energy Economics, Elsevier, vol. 18(1), pages 83-102, March.
    5. Richard Tol, 2007. "The double trade-off between adaptation and mitigation for sea level rise: an application of FUND," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 12(5), pages 741-753, June.
    6. Foley, Duncan K. & Rezai, Armon & Taylor, Lance, 2013. "The social cost of carbon emissions: Seven propositions," Economics Letters, Elsevier, vol. 121(1), pages 90-97.
    7. Svendsen, Gert Tinggaard, 1998. "A general model for CO2 regulation: the case of Denmark," Energy Policy, Elsevier, vol. 26(1), pages 33-44, January.
    8. Anthoff, David & Tol, Richard S. J., 2011. "Schelling's Conjecture on Climate and Development: A Test," Papers WP390, Economic and Social Research Institute (ESRI).
    9. Onur Sapci & Aaron Wood & Jason Shogren & Jolene Green, 2016. "Can verifiable information cut through the noise about climate protection? An experimental auction test," Climatic Change, Springer, vol. 134(1), pages 87-99, January.
    10. Tol, Richard S. J., 2011. "Modified Ramsey Discounting for Climate Change," Papers WP368, Economic and Social Research Institute (ESRI).
    11. Welsch, Heinz, 1995. "Greenhouse gas abatement under ambiguity," Energy Economics, Elsevier, vol. 17(2), pages 91-100, April.
    12. Castells-Quintana, David & del Pilar Lopez-Uribe, Maria & McDermott, Thomas K.J., 2018. "A review of adaptation to climate change through a development economics lens," Working Papers 309605, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    13. Aronsson, Thomas & Schöb, Ronnie, 2018. "Climate change and psychological adaptation: A behavioral environmental economics approach," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 74(C), pages 79-84.
    14. A. Patt, 1997. "Economists and Ecologists: Different Frames of Reference for Global Climate Change," Working Papers ir97056, International Institute for Applied Systems Analysis.
    15. Millner, Antony & Dietz, Simon, 2015. "Adaptation to climate change and economic growth in developing countries," Environment and Development Economics, Cambridge University Press, vol. 20(3), pages 380-406, June.
    16. Luis Abadie & Ibon Galarraga & Dirk Rübbelke, 2013. "An analysis of the causes of the mitigation bias in international climate finance," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 18(7), pages 943-955, October.
    17. K. Fisher-Vanden, 1997. "International Policy Instrument Prominence in the Climate Change Debate: A Case Study of the United States," Working Papers ir97033, International Institute for Applied Systems Analysis.
    18. Robert, Christopher LeBaron & Zeckhauser, Richard Jay, 2010. "The Methodology of Positive Policy Analysis," Scholarly Articles 4450129, Harvard Kennedy School of Government.
    19. Samuel Fankhauser & Nicholas Stern, 2016. "Climate change, development, poverty and economics," GRI Working Papers 253, Grantham Research Institute on Climate Change and the Environment.
    20. Rubbelke, Dirk T.G. & Mukherjee, Vivekananda & Sanyal, Tilak, 2008. "Technology Transfer in the Non-traded Sector as a Means to Combat Global Warming," Climate Change Modelling and Policy Working Papers 44228, Fondazione Eni Enrico Mattei (FEEM).

    More about this item

    Statistics

    Access and download statistics

    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:taf:tcpoxx:v:2:y:2002:i:1:p:89-95. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/tcpo20 .

    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.