McCormick Climate Change Conference

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McCormick Climate Change Conference

• Alex Thompson
• Department of Political Science
• Ohio State University

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Misconceptions about Kyoto

• Expires in 2012
• Developing countries are not participants or
  parties
• Only about binding emission reduction commitments
• Emissions trading, CDM, information and
  reporting, sets standards
• Kyoto only one component of the international
  climate regime
• Other IOs and regional efforts
• Bilateral possibilities

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Kyoto Moving Forward

• Bali Road Map (2007)
• Negotiations to be completed by 2009 (Copenhagen)
• Major issues
• Developing country mitigation commitments
• Adaptation fund
• Compliance
• Improving national reports
• Improving CDM
• Good news
• Framework in place
• Long-term project
• List of no-regrets policies is getting longer
• Next U.S. president on board

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CDM and Offsets

• Advantages
• Promotes emissions reductions where investments
  are most cost-effective
• Transfers resources to the South
• Problems with CDM in practice
• High transaction costs
• Narrow range of countries and projects
• Offsets best way to get China and India involved
  (and therefore U.S.)

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