WHY WORRY ABOUT CLIMATE CHANGE?. ESRI Research Bulletin 2009/1/1

Tol, Richard S.J. (2009) WHY WORRY ABOUT CLIMATE CHANGE?. ESRI Research Bulletin 2009/1/1. UNSPECIFIED.

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Abstract

Ireland is subject to strict greenhouse gas emission reductions under EU climate policy. Part of the target will be met by buying offsets abroad, but the remainder will have to be realised domestically. The current economic crisis is reducing greenhouse gas emissions. This may get us close to compliance with our targets under the Kyoto Protocol. However, recession cannot be treated as a long-term answer to climate change problems. Policies aimed at keeping the growth of greenhouse gas emissions in check are needed. Such policies mean higher taxes and more expensive energy, transport and food. How can this be justified?

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