Climate Change Flashcards
What is the “tragedy of the commons”
Argues that common resources such as environment will be generally overused
What is the IPCC?
- Intergovernmental Panel on Climate Change
- Est late 80s by UN
CO2 levels are the highest they have been for how long?
650,000 years
What countries produce over 50% of the world’s CO2?
USA, China and EU member states
When was the first climate change conference held?
Toronto 1988
When was the Kyoto Protocol adopted?
1997
What did the Kyoto Protocol aim to do? How did it plan to do this?
- Reduce 6 greenhouse gases
- Series of flexible measures such as carbon trading
What is the long-term problem with regard to Kyoto and the effect of honouring its targets?
Significantly stronger targets are needed to stabilise the effects of greenhouse gases
Which conference took place on Climate change in 2009?
Copenhagen
What is the EU directive to recycle vehicles?
EU’s “End of Life Vehicles” directive
- cars at the end of their life must be bought back by manufacturers and recycled
Who wrote “the tragedy of the commons” and what was it’s analogy?
Gerrett Hardin
- Individuals grazing cattle on common land
- Any gains go directly to individual
- Costs shared among population as a whole
- All suffer from the gradual depletion of common resources, but each individual has an incentive to use for their own private ends
How does HARDIN believe the commons can be saved?
- mutually-agreed coercive method of preventing overuse such as very high taxation or penal sentences
What occured in a Turkish fishing village when stocks dropped?
ALANYA
- ~100 Fisherman
- developed own rules to prevent over fishing
- Monitoring left to the fisherman and no govt intervention
- All fisherman given an equal opportunity to fish
How does OSTROM disagree with HARDIN?
HARDIN: common resources can only be saved by limiting common access
OSTROM: Local self-management and allowing room for experimentation is vital
What is the name of the effect where businesses move to a more favourable state due to less tax/regulation?
DELAWARE EFFECT
- After Delaware’s 0% corporation tax
- Businesses will move from one juristiction to another that offers more favourable standards in tax, regulation and environmental standards
- Can be used to attract businesses
- Becomes a race to the bottom