The Kyoto Protocol: A Flawed Concept

Cooper, Richard N.

doi:10.2139/ssrn.278536

Cited by 20 publications

(29 citation statements)

References 3 publications

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“…While Kyoto Protocol was appreciated as an acceptable or good first step by some scholars [28,29], it was "Deeply Flawed" an agreement to many of the analysts [30][31][32] due to its ambitious targets applying only to a very short term (2008-2012) and merely to some industrialized nations [21]. Hence any post-Kyoto 'Mitigation' mechanism need to take in account the criticisms that Kyoto Protocol faced in order to establish an effective 'Mitigation' measures.…”

Section: Climate Change In a New Paradigmmentioning

confidence: 99%

“…Hence, emerging economies, particularly China, India and Brazil, should engage to limit their carbon footprints [21]. Other than this reason, developing countries are also in a favoured position to cut emission as they provide the greatest opportunities for low-cost emissions reductions [30]. This expanded participation is likely to bring twofold advantage: first, likelihood of endorsement a new binding target by US as promised will be done on bringing the key developing nations under binding target [21], and second, it could augment the 'Adaptation' process.…”

Section: Climate Change In a New Paradigmmentioning

confidence: 99%

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Climate Change: a Theoretical Review

Rahman¹

2013

: Interdiscip. Descr. Complex Syst.

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Section: Climate Change In a New Paradigmmentioning

confidence: 99%

Section: Climate Change In a New Paradigmmentioning

confidence: 99%

Climate Change: a Theoretical Review

Rahman¹

2013

: Interdiscip. Descr. Complex Syst.

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“…This proposal by Cooper (1998Cooper ( , 2001) for a uniform, harmonized carbon tax raises a number of problems. First, developing countries may argue that it is unfair that they should adopt the same tax as industrialized countries, given that the latter are largely responsible for the climate change problem in the first place.…”

Section: Harmonized Domestic Carbon Taxesmentioning

confidence: 99%

“…While Cooper (1998Cooper ( , 2001 advocates harmonized carbon taxes, most proposals favor hybrid quota-tax schemes (Aldy et al, 2001;Hahn, 1998, McKibbin and Wilcoxen, 1997, 2000Victor, 2001) or tradable permit systems (Hahn, 1998;Stavins, 2001b;Stewart and Wiener, 2001). Bradford's (2002) proposal could potentially achieve a similar, cost-effective outcome by implementing a permit purchase scheme.…”

Section: Major Themes Among the Policy Architecturesmentioning

confidence: 99%

“…Fifth, in response to concerns about the costs of complying with emissions commitments, many proposals recommend a hybrid tax-quota or pure price regimes to set a cap on marginal costs (Aldy et al, 2001;Cooper, 1998Cooper, , 2001McKibbin and Wilcoxen, 1997, 2000Stavins, 2001b;Victor, 2001). Other proposals take different approaches to limiting the costs of climate policy (Barrett, 2001(Barrett, , 2003Bradford, 2002;Hahn, 1998).…”

Section: Major Themes Among the Policy Architecturesmentioning

confidence: 99%

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Thirteen Plus One: A Comparison of Global Climate Policy Architectures

2003

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We critically review the Kyoto Protocol and thirteen alternative policy architectures for addressing the threat of global climate change. We employ six criteria to evaluate the policy proposals: environmental outcome, dynamic efficiency, cost-effectiveness, equity, flexibility in the presence of new information, and incentives for participation and compliance. The Kyoto Protocol does not fare well on a number of criteria, but none of the alternative proposals fare well along all six dimensions. We identify several major themes among the alternative proposals: Kyoto is "too little, too fast"; developing countries (DCs) should play a more substantial role and receive incentives to participate; implementation should focus on market-based approaches, especially those with price mechanisms; and participation and compliance incentives are inadequately addressed by most proposals. Our investigation reveals tensions among several of the evaluative criteria, such as between environmental outcome and efficiency, and between cost-effectiveness and incentives for participation and compliance.

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The FAIR model: A tool to analyse environmental and costs implications of regimes of future commitments

Elzen

Lucas

2005

Environ Model Assess

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This article describes the policy decision-support tool, FAIR, to assess the environmental and abatement costs implications of international regimes for differentiation of future commitments. The model links long-term climate targets and global reduction objectives with regional emission allowances and abatement costs, accounting for the Kyoto Mechanisms used. FAIR consists of three sub-models: a simple climate model, an emission-allocation model and a cost model. The article also analyses ten different rule-based emission allocation schemes for two long-term concentration stabilisation targets for greenhouse gases. This analysis shows that evaluating regimes requires not only an assessment of the initial allocation, but also of the distribution of abatement costs and the impacts from emissions trading. The Multi-Stage approach (with a gradual increase of Parties adopting emission intensity or reductions targets) and the Triptych approach (with sectoral targets for all Parties) seem to provide the best prospects for most of the Parties when compared to the other allocation schemes analysed.

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The Kyoto Protocol: A Flawed Concept

Cited by 20 publications

References 3 publications

Climate Change: a Theoretical Review

Climate Change: a Theoretical Review

Thirteen Plus One: A Comparison of Global Climate Policy Architectures

The FAIR model: A tool to analyse environmental and costs implications of regimes of future commitments

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