Prospects for global negotiations on climate change

Journal title ECONOMIA DELLE FONTI DI ENERGIA E DELL’AMBIENTE
Author/s Corrado Clini
Publishing Year 2010 Issue 2010/1 Language Italian
Pages 6 P. 61-66 File size 954 KB
DOI 10.3280/EFE2010-001005
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After the U.S. Senate rejected the proposal to ratify the Kyoto Protocol, and after that in December 2000 there had been disagreement between the U.S. and Europe at the COP 6, it would have been necessary to recognize that without the participation of the largest world economy the global meaning of the Protocol was significantly reduced. In 2003 Italy had unsuccessfully tried to open a critical reflection on the effectiveness of the Protocol and the need to start a dialogue on new bases with U.S. and China. But the EU insisted on a unilateral approach and convinced Russia in 2004 to ratify the Protocol without any real consequence for the Russian economy. Meanwhile, between 1997 and 2005 the world economy had changed, emissions continued to grow in countries not committed to reduce CO2 emissions. In 2007, the forth IPPC Report and the IEA’ Word Energy Outlook had clarified the limited role of the Protocol whereas in Bali was established a "road map" to get to Copenhagen with a new treaty inclusive of the USA and China. Despite all the failures, the reference model of the Kyoto Protocol has been maintained. Instead of focusing on complex legal and bureaucratic architecture, the EU should commit to the promotion of international projects to meet the global technology challenge exploiting the potential of a large integrated economy.

Keywords: Kyoto Protocol, CO2, Climate Change

Jel codes: Q54, Q55, Q58

Corrado Clini, Prospettive del negoziato globale sui cambiamenti climatici in "ECONOMIA DELLE FONTI DI ENERGIA E DELL’AMBIENTE" 1/2010, pp 61-66, DOI: 10.3280/EFE2010-001005