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Global Climate Change Digest

A Guide to Information on Greenhouse Gases and Ozone Depletion
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Item #d98may8

Special Section: Climate Change: Where Do We Go from Here, Issues in Science & Technol., 14(3), Spring 1998.

"Kyoto and Beyond," R.M. White (Heinz Ctr. for Sci., Econ. & Environ., Washington, D.C.), 59-65. Discusses the outcome and implications of the Kyoto agreements, which will not stabilize climate but will make a start. Enumerates several policy directions, stressing an international assault on the development of energy technologies led by the U.S.

"Implementing the Kyoto Protocol," R. Coppock (Natl. Acad. Sci., Washington, D.C.), 66-74. Argues that the Kyoto Protocol will be worthwhile only if it adopts a long-term strategy for implementation.

"A Low-Cost Way to Control Climate Change," B. Swift (Technology Ctr., Environ. Law Inst., Washington, D.C.), 75-81. Advocates emissions trading. Suggests, for instance, that an effective cap-and-trade system within the U.S. would allow it to achieve at little or no cost the emission reductions it committed to at Kyoto.

Item #d98may9

"Fixing Global Carbon Emissions: Choosing the Best Target Year," G. Yohe (Wesleyan Univ., Middletown, Conn.), T. Malinowski, M. Yohe,Energy Policy, 26(3), 219-231, Feb. 1998.

This analysis addresses the following two questions: (1) What target year for a predetermined reduction in emissions (compared to no action) would maximize the discounted net benefit of the policy? (2) How sensitive is that year to changes in the damages associated with greenhouse gases or the pace of near-term, unregulated emissions of those gases?

Item #d98may10

"Key Elements Related to the Emissions Trading for the Kyoto Protocol," N. Matsuo (Inst. Energy Econ. of Japan, Shuwa-Kamiyacho Bldg., Toranomon 4-3-13, Minato-ku, Tokyo 105, Japan),Energy Policy, 26(3), 263-273, Feb 1998.

Discusses pragmatic concerns of emissions trading, suggests concrete proposals for an emissions budget approach and borrowing, and proposes packaging carbon taxation and emissions trading to create domestic emissions markets favorable to compliance with the Protocol.

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