Taxation of greenhouse gases: why Kyoto will not be implemented
by Marian Radetzki
International Journal of Global Energy Issues (IJGEI), Vol. 12, No. 7/8, 1999

Abstract: The Kyoto commitment by the OECD countries, involves a 28% reduction of CO₂ emissions by 2010 from what they would otherwise have been. Recent analyses by the IEA point to the herculean task that is required. A combination of commandeered early retirement of one-half of all coal power plants and a coal tax that increases fossil fuel prices to far above the level experienced during the worst OPEC excesses, is needed to live up to that commitment. Implementation of these measures is likely to prove far more expensive than the damage cost of climate change, as assessed by the IPCC. The commitment will not be implemented, once the politicians and the public realise the size of the burden that is involved.

Online publication date: Mon, 18-Aug-2003

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Global Energy Issues (IJGEI):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com