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"Toward a Real Kyoto Protocol?"

by 
Ross Gelbspan

Go to the Biographical Sketch of Ross Gelbspan
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        Two years ago, a small, informal group of energy company presidents, economists, energy policy specialists and others developed three "macro" strategies designed to reduce global greenhouse emissions by the 70 percent required  to stabilize the climate.

        The strategies, which involve the provisions of about $300 billion a year to transfer renewable energy technologies to developing countries, would also create millions of jobs, especially in poor countries, and expand the overall wealth of the global economy. The Energy Modernization plan also involves changes in subsidy policies, designed to help multi-national oil companies transform themselves into clean energy providers and sets forth a progressive fossil fuel efficiency standard, conceived as a substitute for international carbon trading, which would harmonize the emissions reductions progress of the signatories to the
Kyoto Protocol.

        The three interactive strategies will be proposed as a model of the scale and scope of coordinated action which is appropriate to the magnitude and the urgency of the global climate crisis.
 
 

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