CIAO DATE: 11/05

Sensible climate policy

Abstract

After almost 13 years of negotiations the Kyoto Protocol will finally enter into force on February 16, 2005. In a new Lowy Institute Issues Brief, Professorial Fellow Warwick McKibbin, one of the world's leading authorities on climate change policy, argues that Kyoto is likely to achieve very little in the quest to address the problem of climate change. Even worse, the Kyoto Protocol is so badly constructed that it has set back the quest for sensible and effective policy responses to climate change by at least a decade. The basic tenets on which the agreement is built are flawed, leaving it worryingly vulnerable to failure. In this Issues Brief Professor McKibbin outlines the requirements for a sustainable and realistic global response to climate change, describes the progress made so far in developing policy, outlines the flaws in the current Kyoto approach, and presents a more effective alternative.

Full text (PDF, 28 pages, 687.0 KB)