Sector-based approach to the post-2012 climate change policy architecture
Autor: | Jake Schmidt, Ned Helme, Jin Lee, Mark Houdashelt |
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Rok vydání: | 2008 |
Předmět: |
Atmospheric Science
Global and Planetary Change Economic growth business.industry Natural resource economics Developing country Climate change Environmental Science (miscellaneous) Management Monitoring Policy and Law Pledge Climate change mitigation Incentive Greenhouse gas Economics Electricity business Developed country |
Zdroj: | Climate Policy. 8:494-515 |
ISSN: | 1752-7457 1469-3062 |
DOI: | 10.3763/cpol.2007.0321 |
Popis: | A sectoral approach to GHG emissions reductions in developing countries is proposed as a key component of the post-2012 climate change mitigation framework. In this approach, the ten highest-emitting developing countries in the electricity and other major industrial sectors pledge to meet voluntary, ‘no-lose’ GHG emissions targets in these sectors. No penalties are incurred for failing to meet a target, but emissions reductions achieved beyond the target level earn emissions reduction credits (ERCs) that can be sold to industrialized nations. Participating developing countries establish initial ‘no-lose’ emissions targets, based upon their national circumstances, from sector-specific energyintensity benchmarks that have been developed by independent experts. Industrialized nations then offer incentives for the developing countries to adopt more stringent emissions targets through a ‘Technology Finance and Assistance Package’, which helps to overcome financial and other barriers to technology transfer and ... |
Databáze: | OpenAIRE |
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