The Kyoto Protocol represents nearly a decade of interational effort to reduce carbon emissions, but it has not been ratified by any major greenhouse emitter and it has been rejected by the US. This text argues that the contemporary approach of international negotiations on the Kyoto Protocol is going in the wrong direction, and it offers what the authors believe is a blueprint for more effective policy. They believe that managing uncertainly - particularly the future costs of any plan - is key to realistic climate policy. They maintain thatsustainable policy should meet four basic criteria:...
The Kyoto Protocol represents nearly a decade of interational effort to reduce carbon emissions, but it has not been ratified by any major greenhouse ...