Climate Change and the Kyoto Protocol The Role of Institutions & Instruments to Control Global Change

About this book

The Kyoto Protocol was a milestone event in the process of getting global climate change on to the political agenda and taking the first tentative steps towards internationally co-ordinated action. This book brings together researchers from the disciplines of law, economics, political science and sociology to analyse the instruments which have been set to manage climate change and the institutional shifts that are required for the reduction of greenhouse gases (GHGs). The authors of this volume highlight the need for an adequate implementation structure and well designed flexible instruments to enable emissions targets to be achieved. They discuss the level of international co-ordination which is required for the smooth operation of flexibility mechanisms and the importance of ensuring these instruments fit within existing national structures. In some countries, there are concerns that the introduction of cap and credit trading programmes may require an overhaul of existing environmental legislation. Technical innovations will also have a critical role to play in preparing the ground for increasingly ambitious controls of GHGs. The authors emphasize the need for an evolutionary development of instruments to support such innovations and the potentially vital roles of firms and governments to help their quick diffusion.

Contents

Instruments and institutions - key design issues in climate change policy, Michael Faure, Joveeta Gupta, Andries Nentjes; the Kyoto mechanisms and the economics of their design, Luke Brander; alternative design options for emissions trading - a survey and assessment of the literature, Jan-Tjeerd Boom, Andries Nentjes; limits on the design and enacting of climate change policies? the need to strike a balance between international trade law and environmental protection; developing carbon trading in Europe - does grandfathering distort competition and lead to state aid?, Edwin Woerdman; legal aspects of the Dutch approach on CO2 reduction, Chris Backes, Reinske Teuben; legal feasibility of emissions tradings, Majan Peeters; CDM in climate policies in the Netherlands - a promising tool?, Rianne de Leeuw, Ekko C. van Ierland; optimal institutional arrangements and instruments for the promotion of energy from renewable sources, Jan Bongaerts, George Dogbe; domestic capacity, regional organization, global climate change regime building process, lessons from the Netherlands-EU Kyoto protocol negotiation, Norichika Kanie; global environmental change regimes - impact assessment on the basis of an extended GTAP-model, Shunli Wang, Peter Nijkamp, Onno Kuik. Part 2 after Kyoto: the multi-sector convergence approach to global burden sharing of greenhouse gas reductions, Jos Bruggink; the Dutch energy transition and its institutional problems - report from a stakeholder assessment, Matthijs Hisschemoller; modulating dynamics in transport for climate protection, Rene Kemp, Ellen Moors; institutional change in Europe and the implications for climate control measures, Graham Bennett.

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