The benefits of the Kyoto Protocol to developing countries |
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Authors: | John R. Swinton Amin Sarkar |
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Affiliation: | (1) Department of Economics and Finance, Georgia College & State University, CBX 14, Milledgeville, GA 31061, USA;(2) College of Business and Technology, Black Hills State University, 1200 University Street, Unit 9502, Spearfish, SD 57799-9502, USA |
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Abstract: | ![]() The Kyoto Protocol relies on incentive-based regulations layered underneath a global cap on net emissions of greenhouse gases. Within the Kyoto Protocol are opportunities and constraints for signatory nations. Of concern to developing nations are the constraints the Kyoto Protocol could place on future growth. We examine the constraints and the opportunities offered to developing countries within the Kyoto Protocol. By identifying the potential costs and benefits the Kyoto Protocol has to offer to developing countries and by examining the incentives each create, we hope to spark serious investigations into ways to minimize the potential costs of entering the Kyoto Protocol and take full advantage of the potential benefits. |
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Keywords: | Global warming Greenhouse gasses Kyoto Protocol Market incentives |
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