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Near-Term Greenhouse Gas Emissions Targets

Author

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  • Kopp, Raymond J.

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 near-term, 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 decision-making resting upon these conceptual foundations.

Suggested Citation

  • Kopp, Raymond J., 2004. "Near-Term Greenhouse Gas Emissions Targets," Discussion Papers 10818, Resources for the Future.
    • Handle: RePEc:ags:rffdps:10818
    DOI: 10.22004/ag.econ.10818
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    File URL: https://ageconsearch.umn.edu/record/10818/files/dp040041.pdf
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    References listed on IDEAS

    as
    1. David Pearce, 2003. "The Social Cost of Carbon and its Policy Implications," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 19(3), pages 362-384.
    2. Kopp, Raymond J. & Portney, Paul R., 1997. "Mock Referenda for Intergenerational Decision-making," Discussion Papers 10745, Resources for the Future.
    3. 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 741-765, September.
    4. Gillingham, Kenneth & Newell, Richard G. & Palmer, Karen L., 2004. "Retrospective Examination of Demand-Side Energy Efficiency Policies," Discussion Papers 10477, Resources for the Future.
    5. Raymond J. Kopp, 1992. "Why existence value should be used in cost-benefit analysis," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 11(1), pages 123-130.
    6. repec:aen:journl:1999si-a06 is not listed on IDEAS
    7. repec:aen:journl:1999si-a02 is not listed on IDEAS
    8. Oran R. Young, 2003. "Environment and Statecraft: The Strategy of Environmental Treaty-Making," Global Environmental Politics, MIT Press, vol. 3(1), pages 145-147, February.
    9. repec:aen:journl:1999si-a14 is not listed on IDEAS
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    Cited by:

    1. Pizer, William, 2005. "Climate Policy Design Under Uncertainty," RFF Working Paper Series dp-05-44, Resources for the Future.
    2. 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.
    3. Timilsina, Govinda R., 2008. "Atmospheric stabilization of CO2 emissions: Near-term reductions and absolute versus intensity-based targets," Energy Policy, Elsevier, vol. 36(6), pages 1927-1936, June.

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    Keywords

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    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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