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The Economics of Climate Change Policies - Macroeconomic Effects, Structural Adjustments and Technological Change (Hardcover, 2009 ed.)
Loot Price: R3,027
Discovery Miles 30 270
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The Economics of Climate Change Policies - Macroeconomic Effects, Structural Adjustments and Technological Change (Hardcover, 2009 ed.)
Series: Sustainability and Innovation
Expected to ship within 10 - 15 working days
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In its latest Assessment Report, the Intergovernmental Panel on
Climate Change (IPCC, 2007) projects that without further action
the global average surface t- perature would rise by a further 1.
8-4. 0 DegreesC until the end of this century. But even if the rise
in temperature could be limited to the lower end of this range,
irreversible and possibly catastrophic changes are likely to occur.
Consequently, the protection of the earth's atmosphere requires
substantial efforts to reduce CO and other green- 2 house gas
emissions - especially in countries with very high per capita
emissions. To limit the imminent rise in temperature, in the
Kyoto-Protocol, the European Union has committed itself to reducing
the emissions of greenhouse gases by 8% up to 2008-2012 compared to
1990 levels. Within the EU burden sharing agr- ment, some countries
have to achieve even higher emissions reductions. Germany was
assigned a reduction target of 21%. The entry into force of the
Kyoto Protocol in February 2005 marks a first step towards meting
global climate targets, but more ambitious action to reduce
greenhouse gas emissions is needed after 2012, when the Kyoto
targets expire. Under German presidency, the EU has committed
itself to unilaterally reduce its greenhouse gas emissions until
2020 by 20%. In case a Post- Kyoto agreement can be reached, the EU
reduction target would be 30% (CEU, 2007).
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