521. Decarbonization Strategies: How Much, How, Where and Who Pays for Δ ≤ 2 ̊ C?
- Author:
- Urjit R. Patel
- Publication Date:
- 03-2010
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- At a panel discussion at the London School of Economics (LSE) in early October, I said in my concluding remarks that while I was not optimistic about the likelihood of a robust global climate deal at Copenhagen, “there seemed to be a strong consensus in world capitals for a weak agreement.” Well, I was more or less right. We ended up with something rather ineffectual: a less than unanimous declaratory announcement (of feeble aims), although they call it an accord; and, in any case, it is neither a treaty nor even a binding commitment underpinned in law. In fact, domestic politics and the recession have probably put paid to hopes for a precise emissions quota-focused treaty in the near term. At any rate, a legally binding multilateral document is hardly sufficient: emission outcomes even under the formally binding Kyoto Protocol with a built-in enforcement mechanism are widely perceived to have been inadequate.
- Topic:
- Climate Change, Environment, Globalization, International Cooperation, and Treaties and Agreements
- Political Geography:
- London