Putting a Price on Global Warming

February 2, 2006 Putting a Price on Global Warming In 1988, the United Nations began its endeavor into understanding the risks of human induced climate change. The Intergovernmental Panel on climate Change (IPCC) was established to learn issues including the theory of world-wide warming. By 1992, the UN provided a policy which address the rising concern about the changing climate. The policy make through the United Nations Framework Convention on Climate Change (UNFCCC) had a goal of stabilizing greenhouse brag emissions. In 1997, after several years of research, the Kyoto communications protocol was drafted to endeavor to limit emissions and improve the state of the environment. (www.ghgonline.org) The Kyoto Protocol is the United Nations elbow grease at reducing the amount of greenhouse gasses in the atmosphere. It is an amendment to the UNFCCC which sets standards for to each one country dictating the amount of emissions each will be permitted to produce. The communications protocol specifically targets carbon dioxide and five other greenhouse gasses. As a result, some countries have been required to dramatically return emissions, while others have been allowed to increase their emissions for economic and industrial growth. The protocol to a fault allows for emissions trading for countries unable to cut emissions.

Despite concerns for the global climate and political pressure, the United States has not ratified the Kyoto Protocol mainly for economic reasons. (www.ghgonline.org) Decreasing emissions by 7% from what the US emitted in 1990 would be an amazing feat. It is estimated that the economy would lose $four hundred billion (environment.about.com). Companies would lose money due to the new restrictions that would be mandated, causing them to possibly downsize or even shut-down. There would also be an estimated loss of 4.9 million jobs in the US completely (environment.about.com). To save money, companies might use more outsourcing, further infliction the economy and sending it... If you want to get a blanket(a) essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .