 Article
Feeds
|
UN Panel Releases Recommendations on
Mitigation of Greenhouse Gas Emissions
by Patricia Finn Braddock
Fulbright & Jaworski L.L.P.
Austin Office
Jeffrey A. Blount
Fulbright & Jaworski L.L.P.
Hong Kong Office
| |
|
May 30, 2007
Previously published on May 7, 2007
On Friday May 4, 2007, the Working Group III of the United Nations Intergovernmental Panel on Climate Change (IPCC) released its Report entitled "Mitigation of Climate Change." Proposing far-reaching mitigation measures aimed at rapidly stabilizing climate change, the controversial Report is sure to be used in efforts to influence legislative and regulatory efforts globally and to impact policy makers in the United States. The Report models a "carbon cost" estimated to reach $100 per ton by 2030; and with estimated macro-economic costs of up to 3% of global GDP by that year, global economic impacts have the potential to be significant. Energy Supply, Transportation, Buildings, Industry, Agriculture, Forestry, and Waste - which the Report identified as "key sectors" with the ability to provide mitigation technologies and practices - would be disproportionately impacted under the Report's proposals.
|
The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
|
|
RSS | Blogs | Site Map | Contact Us