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Even as the evidence of global warming mounts, the international response to this serious threat is coming unraveled. The United States has formally withdrawn from the 1997 Kyoto Protocol; other key nations are facing difficulty in meeting their Kyoto commitments; and developing countries face no limit on their emissions of the gases that cause global warming. In this clear and cogent book-reissued in paperback with an afterword that comments on recent events--David Victor explains why the Kyoto Protocol was never likely to become an effective legal instrument. He explores how its collapse offers opportunities to establish a more realistic alternative. Global warming continues to dominate environmental news as legislatures worldwide grapple with the process of ratification of the December 1997 Kyoto Protocol. The collapse of the November 2000 conference at the Hague showed clearly how difficult it will be to bring the Kyoto treaty into force. Yet most politicians, policymakers, and analysts hailed it as a vital first step in slowing greenhouse warming. David Victor was not among them. Kyoto's fatal flaw, Victor argues, is that it can work only if emissions trading works. The Protocol requires industrialized nations to reduce their emissions of greenhouse gases to specific targets. Crucially, the Protocol also provides for so-called \"emissions trading,\" whereby nations could offset the need for rapid cuts in their own emissions by buying emissions credits from other countries. But starting this trading system would require creating emission permits worth two trillion dollars--the largest single invention of assets by voluntary international treaty in world history. Even if it were politically possible to distribute such astronomical sums, the Protocol does not provide for adequate monitoring and enforcement of these new property rights. Nor does it offer an achievable plan for allocating new permits, which would be essential if the system were expanded to include developing countries. The collapse of the Kyoto Protocol--which Victor views as inevitable--will provide the political space to rethink strategy. Better alternatives would focus on policies that control emissions, such as emission taxes. Though economically sensible, however, a pure tax approach is impossible to monitor in practice. Thus, the author proposes a hybrid in which governments set targets for both emission quantities and tax levels. This offers the important advantages of both emission trading and taxes without the debilitating drawbacks of each. Individuals at all levels of environmental science, economics, public policy, and politics-from students to professionals--and anyone else hoping to participate in the debate over how to slow global warming will want to read this book.

This book presents a detailed description and analysis of the international regime that was established in 1992 to combat the threat of global climate change. It covers not only the obligations and rights of countries under the regime, but also explains how the ongoing climate negotiations work.

The Business of Climate Change presents a state-of-the-art analysis of corporate responses to the climate change issue. The book describes and assesses a number of recent business approaches that will help to identify effective strategies and promote the dissemination of proactive corporate practices on climate change worldwide. By identifying the factors that cause companies to pursue low-carbon strategies and support the Kyoto process, the book will also be helpful to governments in formulating policy.

As the contours of a post-2012 climate regime begin to emerge, compliance issues will require increasing attention. This volume considers the questions that the trends in the climate negotiations raise for the regime's compliance system. It reviews the main features of the UN Framework Convention on Climate Change and its Kyoto Protocol, canvasses the literature on compliance theory and examines the broader experience with compliance mechanisms in other international environmental regimes. Against this backdrop, contributors examine the central elements of the existing compliance system, the practice of the Kyoto compliance procedure to date and the main compliance challenges encountered by key groups of states such as OECD countries, economies in transition and developing countries. These assessments anchor examinations of the strengths and weaknesses of the existing compliance tools and of the emerging, decentralized, 'bottom-up' approach introduced by the 2009 Copenhagen Accord and pursued by the 2010 Cancun Agreements.

Crucial Issues in Climate Change and the Kyoto Protocol: Asia and the World focuses on responses to climate change in the world's most populous region. This book provides the most comprehensive insight to the climate change discourse within Asia to date by drawing on the diverse disciplines and experience of legal practitioners, climate change consultants, government officials and academics. Individual chapters address issues such as how the various Asian countries — highly disparate in their cultures, socio-economic conditions and political systems — are responding to climate change, the challenges of mitigating and adapting to climate change, and the effective implementation of the Kyoto Protocol in Asia.

Global warming is the most severe environmental challenge faced by humanity today and the costs of responding effectively will be high. While Russia's ratification of the Kyoto Protocol ensures the treaty's entry into force, lack of capacity, or incentives to renege on their commitments, will impede mitigation efforts in many countries. An important prerequisite for the proper functioning of the Protocol is that its compliance system - which is spelled out by the Marrakesh Accords - proves effective. Implementing the Climate Regime describes and analyses Kyoto's compliance system. Organized into four parts, Part I describes the emergence and design of the compliance system, while Part II analyses various challenges to its effective operation - such as the development of norms, verification and the danger that the use of punitive 'consequences' may also hurt compliant countries. Part III discusses the potential role of external enforcement, with particular emphasis on trade sanctions. Part IV addresses the relationship between Kyoto compliance on one hand, and international governance, oil companies and green NGOs on the other.

Intro -- THE KYOTO PROTOCOL:ECONOMIC ASSESSMENTS,IMPLEMENTATION MECHANISMS,AND POLICY IMPLICATIONS -- THE KYOTO PROTOCOL: ECONOMIC ASSESSMENTS, IMPLEMENTATION MECHANISMS, AND POLICY IMPLICATIONS -- CONTENTS -- PREFACE -- THE SCIENCE OF GLOBAL WARMINGAND CLIMATE CHANGE: IS IT SETTLED? -- ABSTRACT -- INTRODUCTION -- 1. A CLOSE LOOK AT SOME OF THE IMPORTANT CURRENT ISSUES -- 2. GLOBAL WARMING AND CLIMATE CHANGE IMPACTS ONHUMAN SOCIETIES -- 3. CONCLUDING REMARKS -- REFERENCES -- RESEARCH AND REVIEW STUDIES -- PERSPECTIVES OF SAR BASED FOREST COVER,FOREST COVER CHANGE AND BIOMASS MAPPING -- ABSTRACT -- INTRODUCTION AND STATE OF THE ART OF EO BASEDFORESTRY APPLICATIONS -- EXIGENCY OF FOREST COVER AND BIOMASS MAPPING -- OPTICAL EO DATA -- LIDAR -- SAR DATA -- Backscattering Intensities -- Interferometry -- SAR Tomography, Polarimetric Interferometry and Derivates -- Polarimetry -- CONCLUDING REMARKS AND PERSPECTIVES -- IMPLEMENTATION OF THEORY INTO PRACTICE - EXAMPLECASE STUDIES -- Forest Cover and Forest Cover Change Mapping -- Investigation of ALOS PALSAR Data for Forest Cover Mapping -- EVALUATION OF THE POTENTIAL OF POLARIMETRIC PALSAR SARDATA FOR FOREST COVER MAPPING IN SIBERIA -- Introduction -- FOREST BIOMASS MAPPING -- Observations of Forest Growing Stock Volume in Siberia Using PALSARIntensities and Coherence Data -- Application of ERS-1/2 Tandem Coherence for the Delineation of Large AreaForest Biomass Maps in NE China -- FINAL CONCLUSION -- REFERENCES -- MODELLING A REDUCTION IN GREENHOUSEGAS EMISSIONS IN THE CATALAN ECONOMY:THE NAMEAAPPROACH* -- ABSTRACT -- 1. INTRODUCTION -- 2. STRUCTURE OF A SAM -- 3. STRUCTURE OF A NAMEA -- 4. THE LINEAR SAMMODEL -- 5. EXTENSION OF THE SAMMODEL WITH GREENHOUSE EMISSIONS:THE NAMEAMODEL -- 6. DATABASE -- 6.1. The SAM for Catalonia -- 6.2. The NAMEA for Catalonia.

In the midst of human-induced global climate change, powerful industrialized nations and rapidly industrializing nations are still heavily dependent on fossil fuels. Even if we arrive at a Hubbert's peak for oil extraction in the 21st century, the availability of technologically recoverable coal and natural gas will mean that fossil fuels continue to be burned for many years to come, and our civilization will have to deal with the consequences far into the future. Climate change will not discriminate between rich and poor nations, and yet the UN-driven process of negotiating a global climate governance regime has hit serious roadblocks. This book takes a trans-disciplinary perspective to identify the causes of failure in developing an international climate policy regime and lays out a roadmap for developing a post-Kyoto (post-2012) climate governance regime in the light of lessons learned from the Kyoto phase. Three critical policy analytical lenses are used to evaluate the inherent complexity of designing post-Kyoto climate policy: the politics of scale; the politics of ideology; and the politics of knowledge. The politics of scale lens focuses on the theme of temporal and spatial discounting observed in human societies and how it impacts the allocation of environmental commons and natural resources across space and time. The politics of ideology lens focuses on the themes of risk and uncertainty perception in complex, pluralistic human societies. The politics of knowledge lens focuses on the themes of knowledge and power dynamics in terms of governance and policy designs, such as marketization of climate governance observed in the Kyoto institutional regime.

Following the Earth Summit in Rio de Janeiro in 1992, countries took up the difficult task of finding a common approach that would slow down the build-up of greenhouse gas emissions in the atmosphere and delay changes to the planet's climate. A widespread concern among many of the participants in the newly formed United Nations Framework Convention on Climate Change was that the emission reductions needed to significantly affect climate change would cost so much that it could jeopardize the chances of a coordinated international solution. To address this concern, several flexible mechanisms were designed, including the CDM. While many applaud the CDM, others are concerned with its performance and achievements, and whether or not it will be continued beyond 2012. Critics argue, among other things, that it has not delivered on the sustainable development objective for which it was established and that projects are unevenly distributed, both geographically and sectorally. Much analysis is available on CDM, but very little comprehensive analysis, addressing various aspects of CDM is available. With a major decision for its continuation, a multi-dimensional analysis would be needed. This book is about the economic assessment of certain (not certain) CDM performances, and its future sustainability and trajectory.