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Implementing the Carbon Market and its CDM

In: Reversing Climate Change How Carbon Removals can Resolve Climate Change and Fix the Economy

Author

Listed:
  • Graciela Chichilnisky
  • Peter Bal

Abstract

The Kyoto Protocol is far from perfect. It nonetheless achieved something that is important for us all, which most people had thought was impossible: an agreement to cap global greenhouse gas emissions from the industrial nations, the largest emittors at the time. It is the first time in our history that we have agreed to limit our carbon emissions and change our energy use, which is a way to avert climate change…

Suggested Citation

  • Graciela Chichilnisky & Peter Bal, 2020. "Implementing the Carbon Market and its CDM," World Scientific Book Chapters, in: Reversing Climate Change How Carbon Removals can Resolve Climate Change and Fix the Economy, chapter 7, pages 172-200, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814719360_0007
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    More about this item

    Keywords

    COP21; Climate Change; UNFCCC; Carbon Negative Technology;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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