By Frank Ackerman, Elizabeth A. Stanton
Formidable measures to lessen carbon emissions are all too infrequent in truth, impeded through financial and political issues instead of technological advances. during this well timed choice of essays, Frank Ackerman and Elizabeth A. Stanton exhibit that the impression of state of no activity on weather swap might be a ways worse than the price of bold weather guidelines.
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Publication Date: 2012-01-06
Number of Pages: 304
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Extra info for Climate Change and Global Equity (Anthem Environment and Sustainability)
This is not a unique characteristic of new energy technologies; rather, it is the norm in technological change. Microelectronics, a major success story of the private sector today, was the outcome of United States government spending during the Cold War years. S. S. S. ” As with wind power, a few decades of generous public support were sufficient to launch the microelectronics industry as a success in the marketplace. If the world had waited for automatic technical change, or relied on getting the prices right, microelectronics might never have happened.
The result of combined standard real GDP growth and population growth is per capita income that rises slowly in today’s low-income countries, and much more quickly in middle-income countries. Generalizing across the climate economics models reviewed here, emissions forecasts assume that at the end of this century the 45 low-income countries as a group will have real average per capita incomes of $6,500 a year – matching those of Tunisia, Belize or Serbia in 2005. â•‡ Scenario assumptions Scenario Scenario Type Economic Growth Emission Intensity Reductions Without Development Business-as-usual Standard Slow Development with Carbon Business-as-usual High Slow High Fast Development without Carbon Policy low-income group ranges as low as $1,100 a year – matching those of Zambia, Bangladesh and Haiti today.
The following section reviews several theories in environmental economics literature regarding how and why the actual quantity of an environmental good might be less than optimal, and, conversely, how an optimal quantity may be achieved. I then apply these theoretical frameworks to the case of equity, examining the potential causes of and solutions to maldistribution. Finally, the last section returns to equity’s critical role as a component of sustainability in the case of climate change; this section discusses the implications of maldistribution and proffers several related policy conclusions.