United Nations Framework Convention On Climate Change

Dr James Hansen’s argumentative essay, “A Solution to the Climate Problem,” discusses his premise that it is imperative for humankind to deal with carbon dioxide emissions, which he believes needs to be phased out by the mid-21st century. He begins with the current paradigm in government efforts to reduce carbon dioxide emissions and claims that so far it has been a lot of talk and action in the other direction. Dr Hansen argues that while governments pay lip service to agreements such as the Kyoto Accord, they are going full steam ahead with projects that will result in increased carbon dioxide emissions, such as going forth with coal-fired power plants, coal-to-liquids, hydraulic fracturing, and tar sands oil extraction. Dr Hansen believes

The UNFCCC is working with the various governments around the world to stabilize the amount of greenhouse gases emitted into the atmosphere to keep the planet from warming more than 2ºC above pre-industrial temperatures (Watts, 2015). The most noted of the work is the annual Conference of the Parties (COP) meetings that began with COP1 in Berlin back in 1995. The COP3 adopted the Kyoto Protocol, even though it wasn’t fully accepted by all member nations. The COP21 was an effort to legally bind members to their submitted plans of Intended Nationally Determined Contributions (INDCs), defining what level of greenhouse gas production each nation would commit to not exceeding from 2025-2030. Prior to the INDCs, a bleak outlook was forecast in 2009-2010 of global temperature rising between 4-5ºC. That figure was restated by the UNFCCC prior to the COP21 in Paris, to below 3ºC, due to the commitments of the INDCs (Watts, 2015).

Global warming is the environmental and social changes caused by emissions of greenhouse gases. Human activities have been the primary cause of this significant change, resulting with extreme weather conditions, increasing sea levels, and climate changes. In this paper I will compare and contrast natural versus anthropogenic climate changes of global warming, mitigation strategies, mitigation effectiveness, policy implications, costs, and address some policy changes to help stabilize global climate.

The argument about man’s role in climate change and the role of government, the role of industry and the role of citizens is a significant challenge that crosses all levels of government, crosses all geopolitical boundaries and crosses all sectors of business. National governments across the globe are dealing with the issue in different ways, but one overarching aspect of control and mitigation can be seen in the oversight and regulation of the electric energy industry. One significant challenge facing each nation is the cost to lower carbon emissions and the question of who will pay the additional cost for compliance. Though the cost issue is significant, a much more difficult question is whether any decision on lowering emissions can make

“Scientists have been warning about global warming for decades. It's too late to stop it now, but we can lessen its severity and impacts” - David Suzuki. Global warming, a primary topic of debate in various conversations throughout all levels of government, has been an issue for countless years. In fact, of the 134 years recorded, the 10 warmest years have all occurred “since 2000, with the exception of 1998 “(NASA). Solving a global issue such as this is not as easy as it may seem; however ,The Paris Agreement vows to do just that by setting a plan to limit global warming to well below 2°C in “the first-ever universal, legally binding global climate deal” (Europa). Before signing off on such an agreement one must analyze the many negatives

The cap on the market is set on carbon emissions, creating scarcity within the market. At the end of each year businesses within the scheme are required to ensure they have enough allowances to account for their installation’s actual emissions. Those firms that do not comply and pollute without sufficient permits are hit with heavy fines. (Euro 100 per ton). The aim of carbon trading is to create a market in pollution permits and put a price on carbon. In this way, policy can help internalise external costs of firms’ production and encourage lower emissions to tackle climate change. In a cap and trade system, the volume permits would gradually decline and total emissions, in theory, will diminish. The model of such can be shown as

In 1988, the National Aeronautics and Space Administration had conclusive proof products adding to the output of carbon dioxide and methane gases in the atmosphere were causing the earth to warm; and, if not stopped will make it inhabitable for human life. In the 1970’s the United States had conclusive proof that products releasing Chlorofluorocarbons into the atmosphere were causing the ozone layer to deplete; and, that if continued would be dangerous for human life. The United States took international global action, by joining the Montreal Protocol, to phase out the products producing chlorofluorocarbon and the ozone layer has been successfully replenished .

Cap and trade is a cost-effective method for reducing greenhouse gas emission/pollution. The amount of emissions that are produced by the economy (cap) is limited and allows those insured by the cap to trade amongst themselves (trade) in a flexible and cost-effective method/manner, creating a price on carbon pollution. The "cap" sets a maximum limit on the amount of greenhouse gas pollution that regulated emitters collectively can produce. Each year, the cap is lowered, requiring industry and other greenhouse gas polluters, such as natural gas distributors and other fuel suppliers, to reduce their emissions. The "trade" refers to a market where companies can buy or sell “allowances,” or pay others to reduce emissions on their behalf, in

In the contemporary world, the importance of the environment, human lives in, which was always debatable, has now become controversial. The substantial influence of global warming has sparked the controversy over the potential impact of this trend on climate change in recent years. It can be agreed that governments as a more powerful body is responsible to control this unwanted change, however, multitude individuals claim that all companies and citizens themselves are part of the solution. This essay will examine all arguments on this contentious issue under scrutiny prior to reaching an informed conclusion.

CAP and Trade is a cost-effective method for reducing emissions. The world’s largest implementation of Greenhouse gas trading system is the European Union Emissions Trading System (EU ETS) and they have been environmentally ineffective. The result of price crash non-stability in California and Quebec are also environmentally ineffective. In 2016, the emphasis was on EU ETS’s fourth phase (2021-2030) which was what the European Commission, presented changes for. The purpose of the presented changes is to bring the cap into line with the EU's 2030 objective, reducing Greenhouse Gas emissions to at least 40% nationally by 2030. The EU provides a better goal of free allocation rules and further supports low-carbon innovation and energy sector transformation. To meet the legal requirements and to compensate for excess pollution EU ETS should reduce GHG emissions, and buy emission allowances in the carbon market. They could also reduce GHG emissions

Cap and trade is a regulated program to offset any negative damage to the environment by private business activity. This market system has the potential to make efficient product cost, and is a sure way to guarantee lower emissions. Emitters are limited a set amount of pollution to be distributed and operating without a permit is illegal.

The climate change impacts of greenhouse gases threaten the economic development and environmental quality. These threats indicate that all nations regardless their economic growth should work collaboratively to reduce the emission to a certain level. Hare et al. (2011) argued that “climate change is a collective action problem” thus requires a global coordination from all countries. This indicates that actions from several countries would never be sufficient to address the climate change problem. If a global target to limit warming to 2°C or below is about to achieve (UNFCCC 2010, p.4) a broad range of participation is required (Hare et al., 2011). However, the increasing complexity of negotiation processes is inevitable. Each country will pursue its own interests during the

According to an article focused on environmental awareness, “the world’s average surface temperature rose by approximately 1 degree Fahrenheit, the fastest rate in any period over the last 1000 years” (Source A). Damage has already been done to the environment but it is not the time to throw our hands up, it is the time for leaders in all sectors to tackle this issue head on. We know that carbon dioxide is the culprit, so now it is imperative to implement the solution and take a hard look at who is producing the most greenhouse gases. Big changes need to take place but they can only be done in steps and not all at once to be effective. In an excerpt from a book about global warming, Mark Maslin brings up the point that many feel the Kyoto Protocol does not go far enough; scientists believe that a 60% cut of greenhouse gas emissions is necessary in order to “prevent major climate change” (Source E). A sixty percent cut of emissions should be what countries work up to achieving but first and foremost, every country needs to agree to the Kyoto Protocol guidelines. The Kyoto Protocol itself should not be viewed as the end in the discussion of greenhouse gas restrictions, but rather the first stepping stone to a much broader and effective

On December 12 of 2015, 195 countries made history by committing to the first truly global international climate change agreement (Paris Agreement, 2015). This agreement took place in Paris and was adopted under the United Nations Framework Convention on Climate Change (UNFCCC). The outcome of the Paris Conference on Climate Change was described as “revolutionary” (Venezuela) “marvelous act” (China) and as “a tremendous collective achievement” (European Union) that introduced a “new era of global climate governance” (Egypt) while “restoring the global community’s faith of accomplishing things multilaterally” (USA) (Paris Agreement, 2015).

Pollution, specifically global warming, is of growing concern to people and governments. It is a controversial issue whose validity is still being debated by scientists. The Kyoto Protocol is an international attempt to address global warming through emissions controls. Traditional neoclassical economic models do not incorporate pollution in rudimentary theories of supply, demand, or pricing, as a result, firms do not consider pollution as a cost of production, which leaves government regulation as the primary method for controlling these externalities. The goal of emissions trading is to allow one business, which can make greenhouse gas emission reductions for a relatively low cost, to sell