You may be interested in a recently published article, entitled “Achieving Early and Substantial Greenhouse Gas Reductions Under a Post-Kyoto Agreement.”  This article explains why policy makers should seriously consider substantial early reductions in greenhouse gas emissions as a part of any post-Kyoto framework, and sets out suggested elements of a framework for early action in a post-Kyoto agreement.  The suggested framework for early action includes a short-term goal for stabilizing global greenhouse gas emissions, involves both developed and developing countries, and includes an agreement to deepen the emissions reduction commitment of the Kyoto cap-and-trade program.

 

The article also recommends that the parties negotiate separate agreements concerning particular policies or economic sectors.  The article proposes a process for identifying, agreeing to, and implementing policies and measures that will maximize the benefits resulting from short-term action, including energy and cost savings from efficiency and conservation as well as job creation, reduction of other pollutants, and economic development.  Although prepared before the recent economic downturn, the article suggests a path that could be used to help enhance the global economy.

 

A more detailed abstract is available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1112818, where you can also download the article itself. 

 

 

 

John C. Dernbach
Distinguished Professor of Law

Widener University Law School
3800 Vartan Way
Harrisburg, PA  17106-9382
(717) 541-1933

(717) 541-3966 (fax)

http://ssrn.com/author=411559 (SSRN)

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