Greenhouse Emissions and Climate Change : Implications for Developing Countries and Public Policy
There is no longer any serious debate about whether greenhouse gas emissions from human activity are altering the earth's climate. There is also a broad consensus that efficient mitigation of emissions will require carbon pricing via market ba...
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/453131468147843398/Greenhouse-emissions-and-climate-change-implications-for-developing-countries-and-public-policy http://hdl.handle.net/10986/28024 |
Summary: | There is no longer any serious debate
about whether greenhouse gas emissions from human activity
are altering the earth's climate. There is also a broad
consensus that efficient mitigation of emissions will
require carbon pricing via market based instruments (charges
or auctioned tradable permits). The remaining controversies
stem mostly from economic and technological forecasting
uncertainties, disputes about global and intergenerational
equity, and political divisions over collective measures to
combat climate change. Near term closure seems unlikely on
any of these fronts, but the science is now sufficiently
compelling that a global consensus supports concerted
action. Developing countries must be full participants,
because they will be most heavily impacted by global
warming, and because the scale of their emissions is rapidly
approaching parity with developed countries. |
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