Canada, Kyoto and Global Warming

Paper Summary:

In this paper, the writer examines the idea of global warming and discusses the accuracy of predictions regarding its overall effects and the root causes of the problem. The writer also discusses the research that predictions of global warming are based upon and examines the conflicting studies presented by governmental and international bodies. In addition, the writer argues that UN mechanisms put in place to decrease carbon emissions and reduce the planets temperature rise, will, in fact, have the opposite effect. The writer postulates that for Canada, the cost of adherence to the Kyoto protocols will be excessive and quotes a number of researchers in evidence. The paper is accompanied by a number of tables and graphs.

Outline:
Introduction
Global Warming: Science and Scepticism
The Kyoto Protocol: Loopholes and Exceptions
Canada's and Kyoto: Economic Impacts of Meeting the Reduction Goals
Conclusion

From the Paper:

"In 1998 the first and most comprehensive study of compliance costs to Canada was done by the National Climate Change Process (NCCP), a group formed by various Canadian government officials. The results were not what the government had hoped for. The study predicts long term negative effects on the Canadian economy of between 0.5 to 3% per year, and up to 20 years recovery time. Real wages would drop between 1 and 4%, and there would be significant risk of damaging levels of inflation. According to the analysis, it is not Alberta, but Saskatchewan and Ontario that are the hardest hit provinces"

Sample of Sources Used:

• Anonymous. 2002. Slaying the Kyoto Dragon. Energy Processing Canada 95:19-22.
• Browne, Tom. 2003. Canada's response to Kyoto:economic impact on the Canadian paper industry. Pulp and Paper Canada Westmount 104:1:27-31
• Canadian Manufacturers and Exporters(MME). 2002. Pain Without Gain: Canada and the Kyoto Protocol. Available from World Wide Web: (http://www.cme-mec.ca/kyoto/documents/kyoto_release.pdf)
• Dissou, Yazid, C. M. Leodb, M. Souissi. 2002. Compliance costs to the Kyoto Protocol and market structure in Canada: a dynamic general equilibrium analysis. Journal of Policy Modeling 24: 751-779.
• Environment Canada. 2002. Canada's Greenhouse Gas Inventory [online]. Available from World Wide Web: (http://www.ec.gc.ca/pdb/ghg/1990_02_report/ann1_e.cfm)

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