Will the Kyoto Protocol affect growth in Russia? [electronic resource] / Franck Lecocq and Zmarak Shalizi.
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TextSeries: Policy research working papers ; 3454. | World Bank e-LibraryPublication details: [Washington, D.C. : World Bank, 2004]Subject(s): United Nations Framework Convention on Climate Change (1992). Protocols, etc., 1997 Dec. 11 | Air -- Pollution -- Economic aspects -- Russia (Federation) | Russia (Federation) -- Economic conditionsAdditional physical formats: Lecocq, Franck.: Will the Kyoto Protocol affect growth in Russia?LOC classification: HG3881.5.W57Online resources: Click here to access online Also available in print.Abstract: "In light of the recent argument that rapid economic growth in Russia over the next decade might result in emissions higher than the Kyoto target, thereby putting much-needed growth at risk, Lecocq and Shalizi revisit the discussion on the costs and benefits of ratification of the Kyoto Protocol by Russia. They conclude that even under a very high economic growth assumption, and even under very conservative assumptions about the decoupling between carbon dioxide emissions and economic growth, Russia still benefits from a net surplus of emissions allowances, and thus will not see its growth adversely affected by the Kyoto target. In addition, a review of the possible costs and benefits of the Kyoto Protocol suggests that the potential sale of excess allowances far outweighs the other costs. This paper--a product of the Infrastructure and Environment Team, Development Research Group--is part of a larger effort in the group to analyze climate change mitigation and adaptation options"--World Bank web site.
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"In light of the recent argument that rapid economic growth in Russia over the next decade might result in emissions higher than the Kyoto target, thereby putting much-needed growth at risk, Lecocq and Shalizi revisit the discussion on the costs and benefits of ratification of the Kyoto Protocol by Russia. They conclude that even under a very high economic growth assumption, and even under very conservative assumptions about the decoupling between carbon dioxide emissions and economic growth, Russia still benefits from a net surplus of emissions allowances, and thus will not see its growth adversely affected by the Kyoto target. In addition, a review of the possible costs and benefits of the Kyoto Protocol suggests that the potential sale of excess allowances far outweighs the other costs. This paper--a product of the Infrastructure and Environment Team, Development Research Group--is part of a larger effort in the group to analyze climate change mitigation and adaptation options"--World Bank web site.
Also available in print.
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