Kyoto2: How to Manage the Global GreenhouseThe Kyoto Protocol, the world's first tentative step towards avoiding the threat of climate change, has failed. We urgently need a new course of action. In Kyoto2 the author presents us with a strikingly original new solution. Using a system of finite production rights for greenhouse gases, which would be traded by organisations on a global auction, Kyoto2 seeks to succeed where the original agreement failed. Regulated by an independent body, the funds could be poured back into healing the wounds inflicted by climate change. In his combination of idealism with realistic proposals, Tickell exposes the flaws in current approaches, and envisions a fairer and more effective system. Kyoto2 promises to banish the dejection of the post-Kyoto era, reviving hope that the cure for the crisis facing our planet is still achievable. |
Contents
| 1 | |
| 8 | |
| 17 | |
2 The policy response | 30 |
3 The atmospheric commons | 68 |
4 Applying market economics | 81 |
5 Nonmarket solutions | 139 |
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Common terms and phrases
achieve adaptation agriculture Allocating resources Six Applying market economics approach atmospheric auction benefit bidders billion biofuels carbon dioxide carbon market carbon price carbon tax cent Chapter clean energy climate change Climate Convention climate system CO2 emissions CO2 eq coal cost deforestation developing countries ecosystems effect electricity emis emissions reductions Emissions Trading emitted energy demand energy efficiency environment environmental EUAs EUETS example finance forests fossil fuels future gases global energy global warming governments greenhouse gas emissions growth heat Ibid impacts increase industrial investment IPCC Jim Hansen Kyoto Protocol Kyoto2 long-term low-carbon low-carbon economy market failures mechanism ment methane Montreal Protocol Nicholas Stern nitrous oxide Non-market solutions nuclear ocean OECD permits Pigouvian pollution power stations problem programmes projects reduce emissions regulation Report rise risk sector soils solar stabilization Stern Review subsidies targets technologies temperature tion tonne trillion