The increase in greenhouse gases results from human related environmental pressures generated by growing population levels and greater consumer demands. As with so many environmental problems, the real challenge is to find effective ways to address these demands. Possible solutions to decreasing or avoiding the problems with the impending climate change will involve both immediate and long-term strategies. Immediate strategies to curb global warming are those, which act directly on the prices or quantities of CO2 emitting sources. These include carbon taxes, CO2 emission rights, programs to halt the destruction of tropical forests, and various command and control regulations on the use of carbon emitting sources. They are called immediate strategies because once they are agreed upon they can be relatively quickly implemented and can begin to have a substantial effect in a matter of a few years (Herzog, 1999).
Long-term strategies are those, which, if implemented now, would only begin to have an important impact after a decade. Two such strategies are afforestation and an increase in energy efficiency. Another important long-term strategy would be the development of alternative, non-fossil fuel, environment-friendly sources of energy, such as solar, solar-hydrogen, nuclear fusion, and wind (Hebert, 1996).
Under the international greenhouse greenhouse gas Emission Global Warming">gas emission trading system, country emission would be limited according to their emission targets or Qualified Emission Limitation and Reduction Objectives commitments. Participatory nations would be required to hold greenhouse gas units equivalent to the amount of greenhouse gases they emitted in order to prove that they had not exceeded their entitled quantity of emissions. With the global tradable market, individual sectors or firms can buy and sell greenhouse gas emissions units from each other.
The Term Paper on Global Warming Gases Greenhouse Heat
Global Warming: "It's gett in' hot in here, so take off all your clothes... ." The famous words of R&B star, Nelly, are truer than one might think. It really is getting hot in here. The world's average temperature is rising every year and is expected to be 5 to 10 degrees higher by the end of the century, which is faster than they have increased in the last ten millennia, according to the ...
In Canada, there are old and new factories, where the marginal abatement costs for different firms are different. According to the production history, location, and some other criterions, factories are granted different number of tradable rights. They can get more rights through auctions and trading with other factories. Yet, when this comes to an international level, it is always hard to determine how many permits each country should be granted. The Kyoto Protocol does not set a deadline for achieving the targets, but allows countries to average their emissions over a five-year period2008 to 2012to allow for variations in economic growth, weather and other factors. Scientists believe the emissions, once in the atmosphere, produce a greenhouse effect on the Earths temperature, gradually increasing it and causing changes in historical weather patterns. To come into force, the Kyoto accord needs ratification by 55 countries that account for 55% of all industrialized countries’ carbon emissionscaused mostly by the burning of fossil fuelsbelieved to cause global warming and other climate changes.
Canadas ratification is not crucial to meeting the 55/55 goal, but officials say Mr. Chrtien would like to be seen as part of the international system for reducing carbon emissions. By forcing Canadian companies to meet mandatory reduction targets by 2012, Canadian companies say they will have to spend money on new energy technologies that will put them at an uncompetitive disadvantage with their U.S. counterparts. Kyoto would devastate certain economic sectors leaving many Canadians in regions dependent on these industries severely harmed. Kyoto is the creation of political elements in economies, which are energy and resource consumers – primarily European. They devised a system that makes the exporting country pay, not the importing or consuming nation. There is no environmental rationale for this bias – it is simply political and Canada must protect its interests.
The Homework on Challenges Faced by a Country for Economic Development
An economy is flourishing and is shown to be beneficial and fruitful for the people living in it only when the growth of the economy goes up continuously. It is essential for a country to not only develop politically or socially but it also needs to demonstrate economic development in order to sustain in the international market and in order to come ahead of other countries. But it is not very ...
Kyoto would not decrease global GHG production; it will only shift it to other countries. The economic benefits of the Kyoto agreement are rarely tabulated when opponents consider the costs – benefits such as technological advancement and innovation for the future, savings due to conservation and reduction on oil dependency (and protection from possible significant increases in oil costs in the near future), as well as reduction in the economic effects of wildly fluctuating petroleum pricing. With the way the U.S. has been behaving lately vis-a-vis international cooperation, we have to be very cautious about what we are willing to sign. No other country in the world is as affected by U.S. economic actions as Canada is..
