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The Ultimate Objective of Climate Response Strategies, and a Desirable and Feasible International Framework

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Part of the book series: Lecture Notes in Energy ((LNEN,volume 4))

Abstract

In this chapter, the author examines the appropriateness and feasibility of the so-called 2 degree target as the ultimate objective of climate response strategies under Article 2 of the UNFCCC. Thereafter, a desirable and feasible international framework is discussed. First, the author presents a brief history and various interpretations of the Article 2 of the UNFCCC, and then examines the target from a purely climate change viewpoint (vertical balance), followed by another viewpoint of efficient allocation of scarce resources (horizontal balance). Based on the above analysis, the author tries to work out a desirable and feasible Post-Kyoto international framework. The author finds the top-down approach typically embodied in the Kyoto Protocol has failed. Finally, the author concludes global leaders should revisit the target, as the 2 degree target has no solid foundation and is not feasible. And, as for the international framework, the author argues for pursuing a bottom-up approach (pledge and review) that came out at the end of Copenhagen negotiation process. The author further argues all efforts, such as contribution in the field of adaptation, technology development and diffusion, and financing, should be integrated with mitigation efforts.

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Notes

  1. 1.

    The author was one of the lead authors of this chapter.

  2. 2.

    Yamin et al. (2006), recognizing it is almost impossible to define the dangerous level relying on just one event, proposed an alternative approach, i.e., using the word “tolerable” instead of “dangerous.”

  3. 3.

    Climate sensitivity was estimated to be between 1.5 and 4.5 °C when the paper was written.

  4. 4.

    The purpose of geo-engineering is “to limit climate change by altering the amount of solar radiation that reaches the earth. … The most prominent option involves throwing particles (sulfates or particles engineered specifically for this purpose) into the stratosphere” (Barrett 2010).

  5. 5.

    Nordhaus’s most recent study will be discussed later in relation to the Stern Review.

  6. 6.

    Top-down approach in this chapter means an approach to pursue legally binding international framework based on the ultimate target (e.g., the 2 degree target). Under the approach, total emissions necessary to achieve the target has been set at first, then, the emissions will be allocated to all participating countries (numerical targets). Though not all the Parties of the Kyoto Protocol assume numerical targets, the Protocol itself is the product of such approach.

  7. 7.

    The exact wording is as follows; We agree that deep cuts in global emissions are required according to science, and as documented by the IPCC Fourth Assessment Reportwith a view to reduce global emissions so as to hold the increase in global temperature below 2 degrees Celsius, and take action to meet this objective consistent with science and on the basis of equity (emphasis added).

  8. 8.

    Please refer to Chap. 11.

  9. 9.

    There is no such explanation about the figure. But there is a clear description on this point about a similar figure found on page 16 of IPCC (2007b).

  10. 10.

    Strictly speaking, this index includes any change that is nothing to do with technology. One such example is a change in life style. After the nuclear accident in Japan, the lifestyle has changed toward energy saving. But to make the story simple, the author calls this figure technology improvement ratio.

  11. 11.

    The methodology of the RITE estimate is as follows; based on past per capita GDP and its growth rate obtained by the UN World Development Indicator, RITE estimated each country’s annual per capita GDP up to 2050. Then, based on the estimated per capita GDP and population projection by the UN2008 medium estimate (UN World Population Prospects 2008), RITE estimated GDP up to 2050. Next, those figures were added up to obtain annual world GDP. Finally, using these figures, the average annual GDP growth ratio was calculated. The outcome is very similar to those of IEA and US DOE/EIA forecasts. Refer to http://www.rite.or.jp/Japanese/labo/sysken/research/alps/baselinescenario/RITEALPS_ScenarioA_POPGDP_20110405.xls.

  12. 12.

    Note that 11 studies had been conducted when climate sensitivity had been considered as 1.5–4.5 °C.

  13. 13.

    Pizer (2007, p. 290) challenged environmental advocates on why economic mitigation benefits have not been used to justify action. Stern (2006) was one of the few who tried to do this.

  14. 14.

    A 3% PRTR has continuously been criticized by “green” economists as too high. In order to keep consistency with real return of capital observed in the market, Nordhaus set the elasticity of the marginal utility of consumption as 2, and made the real return on capital (discount rate) 5.5% for the first 50 years.

  15. 15.

    As explained previously, the optimal policy assumes participation by all countries. This is quite unlikely. If participants are limited to major economies such as OECD countries, China and India that cover around 75% global emissions, the cost will be 68% higher (Nordhaus 2008, p. 122). Even this case will not be realistic in the near future. This suggests that if major economies agree to the 2 degree target and take necessary policies and measures, the cost would be enormously high.

  16. 16.

    There are six SRES scenarios. Among them, the A2 scenario is explained as a scenario describing a very heterogeneous world. The underlying theme is self-reliance and preservation of local identities. Fertility patterns across regions converge very slowly, which results in a continuously increasing global population. Economic development is primarily region-oriented, and per capita economic growth and technological change are more fragmented and slower than in other storylines (IPCC 2000, p. 5).

  17. 17.

    The high climate scenario includes estimates of a weakening of natural carbon absorption, and increased natural methane releases from, for example, thawing permafrost (Stern 2006, p. 175).

  18. 18.

    The reason that a 14.4% (discounted present value) loss now and forever is bigger than a damage of 13.8% in 2200 is that the damage after 2201 has been integrated, and the total amount has been discounted with a very low discount rate to the present value.

  19. 19.

    When the Review became first available through the Stern Review Web site, there was an Executive Summary. In the page 15 of the Summary, there were the following sentences: “Stabilization at 450 ppm CO2-eq is already almost out of reach, given that we are likely to reach this level within 10 years and that there are real difficulties of making the sharp reductions required with current and foreseeable technologies.” Instead there are following sentences in the printed version, i.e., “It would already be very difficult and costly to aim to stabilize at 450 ppm CO2-eq. If we delay, the opportunity to stabilize at 500–550 ppm CO2-eq may slip away.”

  20. 20.

    http://www.un.org/millenniumgoals/environ.shtml.

  21. 21.

    For the sake of fairness, the author would like to introduce the lecture of Dr. James Hansen. Hansen, also a winner of the same prize emphasized, “for policy purposes all we need to know for the foreseeable future is that the CO2 target must be <350 ppm, if we wish to preserve creation, the planet on which civilization developed”. http://www.af-info.or.jp/en/blueplanet/doc/list/2010lect-hansen.pdf.

  22. 22.

    Victor (2007) summarizes the key elements of the Kyoto Protocol as follows: universal participation, binding targets and timetables for GHG emissions, integrated international emission trading, and compensation to encourage participation by developing countries. He continues to argue that these four elements are the bedrock of the Kyoto system.

  23. 23.

    Schmalensee (2010) has the same idea. He writes that “[t]he task of developing and enacting the necessary legislation is likely to be sufficiently intellectually and politically complex that it will necessarily be ‘unilateral’—i.e., only loosely coupled to the international negotiation process” (p. 896).

  24. 24.

    Schmalensee also tends to return to what used to be called the “pledge and review” approach (Schmalensee 2010, p. 897). Pizer also writes “it suggests that rather than a centrally planned global solution of one flavor or another, we are likely to see a suite of domestic (or sub-domestic) responses that are gradually prodded and caroused into rough harmonization. And that is what we do see” (Pizer 2007, p. 284).

  25. 25.

    One recent notable exception can be seen in the international maritime transport sector (refer to Sect. 7.1.4 of Chap. 7).

  26. 26.

    As to the detailed description of technology diffusion and development, refer to Chap. 9.

  27. 27.

    In this regard, it is important to pay careful attention to the protection of Intellectual Property Right (IPR).

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Yamaguchi, M. (2012). The Ultimate Objective of Climate Response Strategies, and a Desirable and Feasible International Framework. In: Yamaguchi, M. (eds) Climate Change Mitigation. Lecture Notes in Energy, vol 4. Springer, London. https://doi.org/10.1007/978-1-4471-4228-7_2

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