Mon 16 Jan 2006
Many industrialized countries are concerned about the potential impact that mandatory carbon reduction targets would have on their economies. Among these concerns is that any plan that exempts developing countries from emissions limits would in fact not be effective because carbon-intensive industries would simply shift their operations to one of the exempt countries. Leakage may represent double trouble: the environmental benefits of the treaty would be undercut, and the competitiveness of industrialized-world industries would suffer. Just how plausible are these problems? Are these concerns real or do they serve to distract us from enacting meaningful and binding carbon reduction policies? (more…)



