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Volumn 33, Issue 2, 2009, Pages 303-348

Micro-offsets and macro-transformation: An inconvenient view of climate change justice

Author keywords

[No Author keywords available]

Indexed keywords

CARBON SEQUESTRATION; CLIMATE CHANGE; CONFERENCE PROCEEDING; EMISSION CONTROL; ENVIRONMENTAL JUSTICE; NATION STATE; POLICY APPROACH; POLLUTION POLICY; RESOURCE ALLOCATION;

EID: 69649085226     PISSN: 01478257     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Conference Paper
Times cited : (11)

References (339)
  • 2
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    • The Moral Case for climate Compensation: Doing justice in a Complex World
    • Daniel A. Farber, The Moral Case for Climate Compensation: Doing Justice in a Complex World, 2008 Utah L. Rev. 377;
    • (2008) Utah L. Rev. , pp. 377
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  • 3
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    • Corrective justice and Liability for global Warming
    • Climate justice issues arise in several ways
    • Matthew D. Adler, Corrective Justice and Liability for Global Warming, 155 U. Pa. L. Rev. 1859, 1861-62 (2007). Climate justice issues arise in several ways.
    • (2007) 155 U. Pa. L. Rev. , vol.1859 , pp. 1861-1862
    • Adler, M.D.1
  • 4
    • 85048771749 scopus 로고    scopus 로고
    • Climate Change: The Equity Problem
    • noting that the costs of climate change and climate change mitigation are likely to be inequitably distributed
    • See Michael P. Vandenbergh and Brooke A. Ackerly, Climate Change: The Equity Problem, 26 Va. Envtl. L. J. 55, 75-76 (2007) (noting that the costs of climate change and climate change mitigation are likely to be inequitably distributed);
    • (2007) 26 Va. Envtl. L. J. , vol.55 , pp. 75-76
    • Vandenbergh, M.P.1    Ackerly, B.A.2
  • 5
    • 69649091783 scopus 로고    scopus 로고
    • Climate change Justice: The Challenge for global Governance
    • noting the global justice concern associated with the ceiling on economic activity that may occur because of carbon constraints
    • Brooke Ackerly and Michael P. Vandenbergh, Climate Change Justice: The Challenge for Global Governance, 20 Geo. Int'l Envtl. L. Rev. 553, 555-56 (2008) (noting the global justice concern associated with the ceiling on economic activity that may occur because of carbon constraints).
    • (2008) 20 Geo. Int'l Envtl. L. Rev. , vol.553 , pp. 555-556
    • Ackerly, B.1    Vandenbergh, M.P.2
  • 7
    • 53449090653 scopus 로고    scopus 로고
    • The World vs. The United states and China?
    • The Complex climate change Incentives of the Leading Greenhouse Gas Emitters
    • See Cass R. Sunstein, The World vs. the United States and China? The Complex Climate Change Incentives of the Leading Greenhouse Gas Emitters, 55 UCLA L. Rev. 1675, 1676 (2008);
    • (2008) 55 UCLA L. Rev. , vol.1675 , pp. 1676
    • Sunstein, R.C.1
  • 8
    • 53349172316 scopus 로고    scopus 로고
    • Climate Change Policy and Policy Change in China
    • Jonathan B. Wiener, Climate Change Policy and Policy Change in China, 55 UCLA L. Rev. 1805, 1823-24 (2008);
    • (2008) 55 CLA L. Rev. , vol.1805 , pp. 1823-1824
    • Wiener, B.J.1
  • 9
    • 69649106766 scopus 로고    scopus 로고
    • Why Cooperate?
    • discussing importance of incentives
    • Scott Barrett, Why Cooperate?: The Incentive to Supply Global Public Goods 93, 162-64 (2007) (discussing importance of incentives).
    • (2007) The Incentive to Supply global public Goods , vol.93 , pp. 162-164
    • Barrett, S.1
  • 12
    • 69649097923 scopus 로고    scopus 로고
    • Harvard Project on Int'l climate Agreements, Discussion Paper proposing allocation that allows business as usual emissions for developing countries for decades before requiring reductions
    • Jeffrey Frankel, An Elaborated Proposal For Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades (Harvard Project on Int'l Climate Agreements, Discussion Paper 08-08, 2008), available at http://ksghome.harvard.edu/-jfrankel/ SpecificTargets2008HPICA.pdf (proposing allocation that allows business as usual emissions for developing countries for decades before requiring reductions).
    • (2008) An Elaborated proposal for global climate policy Architecture: Specific Formulas and emission Targets for all countries in all Decades , pp. 08-08
    • Frankel, J.1
  • 13
    • 69649102591 scopus 로고    scopus 로고
    • See discussion infra notes, and accompanying text
    • See discussion infra notes 56, 92-96, and accompanying text.
    • , vol.56 , pp. 92-96
  • 14
    • 84869699565 scopus 로고    scopus 로고
    • 2 eq level is supported by a number of sources
    • 2 eq level is supported by a number of sources.
  • 17
    • 48249090731 scopus 로고    scopus 로고
    • follow link for PDF of full report, discussing various temperature and atmospheric concentration targets
    • 2 eq is the combination of the six most important greenhouse gases.
    • (2007) The Garnaut climate change Review , pp. 192-194
    • Garnaut, R.1
  • 19
    • 84869706936 scopus 로고    scopus 로고
    • 2 eq there is an 18% likelihood of a 3°C temperature increase, a 3% likelihood of a 4°C increase, and a 1% likelihood of a 5°C increase
    • 2 eq there is an 18% likeli-hood of a 3°C temperature increase, a 3% likelihood of a 4°C increase, and a 1% likelihood of a 5°C increase).
  • 20
    • 69649097412 scopus 로고    scopus 로고
    • On Modeling and Interpreting the Economics of Catastrophic climate Change
    • See, e.g., noting that "one might try to compare numbers on, say, a homeowner buying fire insurance... with cost-benefit estimates of the world buying an insurance policy going some way toward mitigating the extreme high-temperature possibilities"
    • See, e.g., Martin L. Weitzman, On Modeling and Interpreting the Economics of Cata-strophic Climate Change, 91 Rev. Econ. and Stat. 1, 18 (2009) (noting that "[o]ne might try to compare numbers on, say, a homeowner buying fire insurance... with cost-benefit estimates of the world buying an insurance policy going some way toward mitigating the extreme high-temperature possibilities")
    • (2009) 91 Rev. Econ. and Stat. , vol.1 , pp. 18
    • Weitzman, M.L.1
  • 21
    • 69649107410 scopus 로고    scopus 로고
    • see also infra notes discussing likelihood of catastrophic climate change
    • see also infra notes 70-75 (discussing likelihood of catastrophic climate change).
  • 22
    • 69649100865 scopus 로고    scopus 로고
    • See supra note 4, at 11 fig. 3.
    • See Bosetti et al., supra note 4, at 11 fig. 3.
    • Bosetti1
  • 23
    • 69649101980 scopus 로고    scopus 로고
    • Id
    • Id.
  • 24
    • 69649091248 scopus 로고    scopus 로고
    • See discussion infra notes and accompanying text
    • See discussion infra notes 86-110 and accompanying text;
  • 25
    • 69649096066 scopus 로고    scopus 로고
    • see also Stern supra note 7
    • see also Stern, supra note 7, at 23.
  • 26
    • 84869714803 scopus 로고    scopus 로고
    • transcript available at See, Lewis's global energy demand estimate for 2050 of twenty-eight terawatts "TW" assumes substantial demand-side energy efficiency and conservation efforts
    • See Nathan S. Lewis, Professor, Cal. Inst, of Tech., Talk: Chemical Challenges in Renewable Energy 2-8 (transcript available at http://nsl.caltech. edu/files/energy-notes.pdf). Lewis's global energy demand estimate for 2050 of twenty-eight terawatts ("TW") assumes substantial demand-side energy efficiency and conservation efforts.
    • Cal. Inst, of Tech., Talk: Chemical Challenges in Renewable Energy , pp. 2-8
    • Lewis, S.N.1
  • 27
    • 84869696620 scopus 로고    scopus 로고
    • 2 would require ≈20 TW of carbon-free power.", Id. at 7. The nuclear 20 TW calculation is 20, 000 plants, up from 400 today, each with 1000 megawatt, MW capacity, installed over a period of fifty years.
    • 2 would require=20 TW of carbon-free power." Id. at 7. The nuclear 20 TW calculation is 20, 000 plants (up from 400 today), each with 1000 megawatt ("MW) capacity, installed over a period of fifty years.
  • 28
    • 84869696619 scopus 로고    scopus 로고
    • 2 eq, based on the Category IV stabilization range
    • 2 eq, based on the Category IV stabilization range.
  • 29
    • 69649102225 scopus 로고    scopus 로고
    • See IPCC AR4 WG III, supra note 7, at tbl. TS. 2
    • See IPCC AR4 WG III, supra note 7, at 39 tbl. TS. 2.
  • 30
    • 84869699576 scopus 로고    scopus 로고
    • 2 of panels per day. Note that producing 3 TW in the United States would require 1.7% of the country's land, and "covering every home rooftop in the entire U. S. Would generate only 0.25 TW of power."
    • 2 of panels per day. Note that producing 3 TW in the United States would require 1.7% of the country's land, and "covering every home rooftop in the entire U. S. Would generate only 0.25 TW of power."
  • 31
    • 69649089746 scopus 로고    scopus 로고
    • Id
    • Id.
  • 32
    • 69649104528 scopus 로고    scopus 로고
    • See discussion infra notes, and accompanying text
    • See discussion infra notes 20-22 and accompanying text;
  • 33
    • 69649102978 scopus 로고    scopus 로고
    • see also Frankel, supra note 5, at
    • see also Frankel, supra note 5, at 7.
  • 34
    • 84869719454 scopus 로고    scopus 로고
    • 2 eq emissions are based on data for 2005 from World Resources Institute, Climate Analysis Indicators Tool, CAIT version 6.0, available at
    • 2 eq emissions are based on data for 2005 from World Resources Institute, Climate Analysis Indicators Tool (CAIT) version 6.0 (2009), available at http://cait.wri.org/cait.php?page=yearly&mode=view.
    • (2009) , vol.60 , pp. 110-111
  • 35
    • 35548945438 scopus 로고    scopus 로고
    • Call off the Quest, 318 Science
    • See, noting that "once the world has warmed by 4 degrees C, conditions will be so different from anything we can observe today. that it is inherently hard to say when the warming will stop"
    • See Miles R. Allen and David J. Frame, Call off the Quest, 318 Science 582, 582 (2007) (noting that "[o]nce the world has warmed by 4 [degrees] C, conditions will be so different from anything we can observe today... That it is inherently hard to say when the warming will stop")
    • (2004) Richard Posner, Catastrophe: Risk and Response , vol.46-582 , pp. 197
    • Allen, M.R.1    Frame, J.D.2
  • 36
    • 69649083806 scopus 로고    scopus 로고
    • discussing the challenges posed by abrupt climate change Although improvements in other aspects of life e.g., disease reduction, increases in consumer goods achieved through allocations of resources to areas other than emissions reductions may enhance welfare, truly catastrophic climate change would make these other welfare-enhancing developments difficult to achieve
    • Richard Posner, Catastrophe: Risk and Response, (discussing the challenges posed by abrupt climate change). Although improvements in other aspects of life (e.g., disease reduction, increases in consumer goods) achieved through allocations of resources to areas other than emissions reductions may enhance welfare, truly catastrophic climate change would make these other welfare-enhancing developments difficult to achieve
    • (2004) Catastrophe: Risk and Response , vol.46 , pp. 197
    • Posner, R.1
  • 37
    • 47749155099 scopus 로고    scopus 로고
    • Should Greenhouse Gas Permits be Allocated on a Per Capita Basis?
    • See, hereinafter Posner and Sunstein, Per Capita
    • See Eric A. Posner and Cass R. Sunstein, Should Greenhouse Gas Permits Be Allocated on a Per Capita Basis?, 97 Cal. L. Rev. 51 (2009) [hereinafter Posner and Sunstein, Per Capita];
    • (2009) 97 Cal. L. Rev , vol.97 , pp. 51
    • Posner, E.A.1    Sunstein, R.C.2
  • 38
    • 70349218013 scopus 로고    scopus 로고
    • Global Warming and Social Justice
    • hereinafter Posner and Sunstein, Social Justice
    • Eric A. Posner and Cass R. Sunstein, Global Warming and Social Justice, Regulation, Spring 2008, at 14, 17-20 [hereinafter Posner and Sunstein, Social Justice].
    • (2008) Regulation, Spring , vol.14 , pp. 17-20
    • Posner, E.A.1    Sunstein, R.C.2
  • 39
    • 69649093736 scopus 로고    scopus 로고
    • See supra note
    • See Ackerly and Vandenbergh, supra note 1, at 554.
    • , vol.1 , pp. 554
    • Ackerly1    Vandenbergh2
  • 40
    • 84869705980 scopus 로고    scopus 로고
    • United Nations, The Millennium Development Goals Report, available at, 20Report%202008.pdf noting the "multiple dimensions of poverty"
    • United Nations, The Millennium Development Goals Report 5 (2008), available at http://www.un.org/millenniumgoals/pdf/ The%20Millennium%20Development%20Goals% 20Report%202008.pdf (noting the "multiple dimensions of poverty").
    • (2008) , vol.5
  • 41
    • 69649092679 scopus 로고    scopus 로고
    • See, e.g., supra note 5, at 14 adjusting emissions allocations to account for personal incomes
    • See, e.g., Jing Cao, supra note 5, at 14 (adjusting emissions allocations to account for personal incomes).
    • Cao, J.1
  • 42
    • 54549112044 scopus 로고    scopus 로고
    • Climate Change: The China Problem
    • See, discussing research on the Kuznets Curve and GHG emissions
    • See Michael P. Vandenbergh, Climate Change: The China Problem, 81 S. Cal. L. Rev. 905, 919 (2008) (discussing research on the Kuznets Curve and GHG emissions).
    • (2008) 81 S. Cal. L. Rev. , vol.905 , pp. 919
    • Vandenbergh, M.P.1
  • 43
    • 69649100985 scopus 로고    scopus 로고
    • See discussion infra notes, and accompanying text
    • See discussion infra notes 154-58 and accompanying text.
  • 44
    • 69649097662 scopus 로고    scopus 로고
    • See generally, supra note 4. David Victor points out that the ultimate resolution may involve a collection of regional agreements with limited connections
    • See generally Bosetti et al., supra note 4. David Victor points out that the ultimate resolution may involve a collection of regional agreements with limited connections.
    • Bosetti1
  • 45
    • 84924163406 scopus 로고    scopus 로고
    • Fragmented Carbon Markets and Reluctant Nations: Implications for the Design of Effective Architectures
    • See Joseph E. Aldy and Robert N. Stavins Eds
    • See David G. Victor, Fragmented Carbon Markets and Reluctant Nations: Implications for the Design of Effective Architectures, in Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World 133 (Joseph E. Aldy and Robert N. Stavins eds., 2007).
    • (2007) Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World 133
    • Victor, G.D.1
  • 46
    • 84869696616 scopus 로고    scopus 로고
    • 2 eq., the emissions source categories included e.g., industry-only or all sources, the timing and amount of emissions reductions that will achieve particular atmospheric targets, the benchmark year for calculating emissions reductions, the atmospheric targets that will achieve desired temperature targets, whether peak values or values at stabilization should be used, the probabilities and magnitudes of climate harms and costs that may arise from those harms, the impact of various allocations of burdens and benefits on the incentives of developed and developing countries, and the impacts of those allocations on climateand justice goals
    • 2 eq), the emissions source categories included (e.g., industry-only or all sources), the timing and amount of emissions reductions that will achieve particular atmospheric targets, the benchmark year for calculating emissions reductions, the atmospheric targets that will achieve desired temperature targets, whether peak values or values at stabilization should be used, the probabilities and magnitudes of climate harms and costs that may arise from those harms, the impact of various allocations of burdens and benefits on the incentives of developed and developing countries, and the impacts of those allocations on climate and justice goals.
    • , vol.4
  • 47
    • 69649092155 scopus 로고    scopus 로고
    • See, e.g., supra note, noting that some policy architectures identify GHG targets and others do not
    • See, e.g., Bosetti et al., supra note 4, at 5 tbl. 1 (noting that some policy architectures identify GHG targets and others do not);
    • Bosetti1
  • 48
    • 0347594822 scopus 로고    scopus 로고
    • Thirteen Plus One: A Comparison of Global Climate Policy Architectures
    • see also, reviewing a number of climate change policy architectures
    • see also Joseph E. Aldy et al., Thirteen Plus One: A Comparison of Global Climate Policy Architectures, 3 Climate Poly 373 (2003) (reviewing a number of climate change policy architectures).
    • (2003) 3 Climate Poly. , pp. 373
    • Aldy, J.E.1
  • 49
    • 69649098392 scopus 로고    scopus 로고
    • See, unpublished manuscript, on file with the Harvard Environmental Law Review. Weitzman suggests mat testing intuitive plausibility is not necessarily an "airtight or rigorous" approach, but on an intuitive basis "it should be sufficiently convincing to make a plausible presumptive case that there may be a serious mistreatment of uncertainty in the 'standard' cost-benefit analysis of climate change
    • See Martin L. Weitzman, Reactions to the Nordhaus Critique (Feb. 9, 2009) (unpublished manuscript, on file with the Harvard Environmental Law Review). Weitzman suggests mat testing intuitive plausibility is not necessarily an "airtight or rigorous" approach, but on an intuitive basis "it should be sufficiently convincing to make a plausible presumptive case that there may be a serious mistreatment of uncertainty in the 'standard' [cost-benefit analysis] of climate change."
    • (2009) Reactions to the Nordhaus Critique
    • Weitzman, L.M.1
  • 50
    • 69649105367 scopus 로고    scopus 로고
    • Id. at
    • Id. at 2.
  • 53
    • 84869716859 scopus 로고    scopus 로고
    • Chapter 8: Robert Mendelsohn, Yale University
    • available at The Nordhaus approach has been enormously influential in the academic and policy realms
    • Robert Mendelsohn, Chapter 8: Robert Mendelsohn, Yale University, in Yale Symposium on the Stern Review 93, 95 (2007), available at www.ycsg.yale.edu/ climate/stem.html. The Nordhaus approach has been enormously influential in the academic and policy realms.
    • (2007) Yale Symposium on the Stern Review , vol.93 , pp. 95
    • Mendelsohn, R.1
  • 54
    • 33947547406 scopus 로고    scopus 로고
    • From Montreal to Kyoto: A Tale of Two Protocols
    • See, e.g., comparing costs and benefits of efforts to reduce GHGs and ozone-depleting chemicals
    • See, e.g., Cass R. Sunstein, From Montreal to Kyoto: A Tale of Two Protocols, 31 Harv. Envtl. L. Rev. 1 (2007) (comparing costs and benefits of efforts to reduce GHGs and ozone-depleting chemicals).
    • (2007) 31 Harv. Envtl. L. Rev. , vol.1
    • Sunstein, C.R.1
  • 55
    • 69649083189 scopus 로고    scopus 로고
    • supra note 9
    • See, e.g., Weitzman, supra note 9;
    • Weitzman1
  • 56
    • 69649088124 scopus 로고    scopus 로고
    • see also Stern, supra note 7, at The implication for policymakers is that reductions should be larger and occur earlier than suggested by the Nordhaus approach
    • see also Stern, supra note 7, at 3. The implication for policymakers is that reductions should be larger and occur earlier than suggested by the Nordhaus approach.
  • 57
    • 69649104121 scopus 로고    scopus 로고
    • See, e.g. Working Paper, Feb. 19
    • See, e.g., Martin L. Weitzman, Some Basic Economics of Extreme Climate Change 3-4 (Working Paper, Feb. 19, 2009), available at http://www.economics. harvard.edu/faculty/weitzman/files/Cournot%2528Weitzman%2529.pdf.
    • (2009) Some Basic Economics of Extreme Climate Change , pp. 3-4
    • Weitzman, L.M.1
  • 58
    • 84869718421 scopus 로고    scopus 로고
    • Compare Cowles Found, for Research in Econ., Discussion Paper No. 1686, with Weitzman, supra note 26. The effect of the debate on policy-makers is reflected in a recent article by Peter Orszag, who is now White House Office of Management and Budget, "OMB" Director. Peter R. Orszag and Terry M. Dinan, Response, Comment on Of Montreal and Kyoto: A Tale of Two Protocols, 38 Envtl. L. Rep. Envtl. Law Inst
    • Compare William D. Nordhaus, An Analysis of the Dismal Theorem (Cowles Found, for Research in Econ., Discussion Paper No. 1686, 2009), available at http://cowles.econ.yale.edu/P/cd/d16b/d 1686.pdf, with Weitzman, supra note 26. The effect of the debate on policy-makers is reflected in a recent article by Peter Orszag, who is now White House Office of Management and Budget ("OMB") Director. Peter R. Orszag and Terry M. Dinan, Response, Comment on Of Montreal and Kyoto: A Tale of Two Protocols, 38 Envtl. L. Rep. (Envtl. Law Inst.) 10, 579-81 (2008);
    • (2009) An Analysis of the Dismal Theorem , vol.10 , pp. 579-581
    • Nordhaus, D.W.1
  • 59
    • 67649528749 scopus 로고    scopus 로고
    • The Tale of the Fat Tail
    • see also forthcoming May/June
    • see also Melinda Kimble and Letha Tawney, The Tale of the Fat Tail, Envtl. F., forthcoming May/June 2009.
    • (2009) Envtl. F.
    • Kimble, M.1    Tawney, L.2
  • 60
    • 69649087306 scopus 로고    scopus 로고
    • Weitzman, supra note 9, at 2.
    • Weitzman1
  • 61
    • 84869706918 scopus 로고    scopus 로고
    • supra note 26, at noting that "economists make a living From plugging rough numbers into simple models and reaching specific conclusions more or less on the basis of these numbers.... The public has little tolerance for ambiguity and craves some kind of an answer....". Economic climate models are sophisticated and opaque to the nonexpert, yet yield enormously influential, precise values or ranges of values for the optimal expenditures to reduce GHG emissions
    • Weitzman, supra note 26, at 14-15 (noting that "economists make a living from plugging rough numbers into simple models and reaching specific conclusions (more or less) on the basis of these numbers.... The public has little tolerance for ambiguity and craves some kind of an answer...."). Economic climate models are sophisticated and opaque to the non-expert, yet yield enormously influential, precise values or ranges of values for the optimal expenditures to reduce GHG emissions
    • Weitzman1
  • 62
    • 69649088111 scopus 로고    scopus 로고
    • supra note 27 at
    • See, e.g., Nordhaus and Boyer, supra note 27 at 69-74.
    • Nordhaus1    Boyer2
  • 63
    • 84869715968 scopus 로고    scopus 로고
    • See, e.g., last visited Apr. 16, on file with the Harvard Environmental Law Review discussing difference between precision and accuracy, using the example of digital and analog watches
    • See, e.g., John H. Lienhard, Engines of Our Ingenuity No. 1742: Accuracy as Precision, http://www.uh.edu/engines/epil742.htm (last visited Apr. 16, 2009) (on file with the Harvard Environmental Law Review) (discussing difference between precision and accuracy, using the example of digital and analog watches).
    • (2009) Engines of Our Ingenuity No. 1742: Accuracy as Precision
    • Lienhard, J.H.1
  • 64
    • 70749099183 scopus 로고    scopus 로고
    • In Letter, Warren Buffett Concedes a Tough Year
    • See, e.g., at quoting Warren Buffett for the proposition that "'the stupefying losses in mortgage-related securities came in large part because of flawed, history-based models'" and noting that Buffett recently criticized "the perils of relying on mathematical models devised without worst-case situations in mind
    • See, e.g., David Segal, In Letter, Warren Buffett Concedes a Tough Year, N. Y. Times, Mar. 1, 2009, at A16 (quoting Warren Buffett for the proposition that "'[t]he stupefying losses in mortgage-related securities came in large part because of flawed, history-based models'" and noting that Buffett recently criticized "the perils of relying on mathematical models devised without worst-case situations in mind").
    • (2009) N.Y. Times , vol.1
    • Segal, D.1
  • 65
    • 84869709874 scopus 로고    scopus 로고
    • The End
    • See, e.g., Dec. Describing how Steve Eisman profited by betting against how rating agencies were assessing subprime loans and noting that he "called Standard and Poor's and asked what would happen to default rates if real estate prices fell. The man at S&P couldn't say; its model for home prices had no ability to accept a negative number
    • See, e.g., Michael Lewis, The End, Portfolio, Dec. 2008, at 114 (describing how Steve Eisman profited by betting against how rating agencies were assessing subprime loans and noting that he "called Standard and Poor's and asked what would happen to default rates if real estate prices fell. The man at S&P couldn't say; its model for home prices had no ability to accept a negative number").
    • (2008) Portfolio , vol.114
    • Lewis, M.1
  • 66
    • 84869696614 scopus 로고    scopus 로고
    • See IPCC AR4 WG III, supra note 7, noting percentage impact on GDP ranging from single-digit losses to slight gains. The language used by the Framework Convention on Climate Change is to avoid "dangerous anthropogenic interference" "DAI" with the climate, and the avoidance DAI goal is a focus of the IPCC economic analysis
    • See IPCC AR4 WG III, supra note 7, at 205-06 (noting percentage impact on GDP ranging from single-digit losses to slight gains). The language used by the Framework Convention on Climate Change is to avoid "dangerous anthropogenic interference" ("DAI") with the climate, and the avoidance DAI goal is a focus of the IPCC economic analysis
  • 67
    • 69649085532 scopus 로고    scopus 로고
    • Id. at
    • Id. at 194
  • 68
    • 84869699568 scopus 로고    scopus 로고
    • 2 eq ppm target
    • 2 eq ppm target);
    • Bosetti1
  • 69
    • 43149107966 scopus 로고    scopus 로고
    • Right for the Right Reasons: A Final Rejoinder on the Stern Review
    • 2 eq
    • 2 eq).
    • (2007) 8 World Econ , pp. 229
    • Dietz, S.1
  • 70
    • 84869705970 scopus 로고    scopus 로고
    • 2, or a range from 440 to 485, ppm. Id
    • 2, or a range from 440 to 485 ppm. Id.
  • 71
    • 84869706916 scopus 로고    scopus 로고
    • 2 eq examined by the Stern Review
    • 2 eq examined by the Stern Review.
  • 72
    • 84869706915 scopus 로고    scopus 로고
    • 2 eq would require global emissions to peak in the next twenty years
    • 2 eq would require global emissions to peak in the next twenty years.
  • 73
    • 69649087316 scopus 로고    scopus 로고
    • Id. at
    • Id. at 7
  • 74
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    • IPCC AR4 WG III, supra note 7, at tbl. 3.5, 227, 229 tbl. 3.10
    • IPCC AR4 WG III, supra note 7, at 198 tbl. 3.5, 227, 229 tbl. 3.10.
  • 75
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    • Id. at, The Stern Review GDP loss estimate for roughly the same atmospheric concentration is between -2% and +5%
    • Id. at 205-06. The Stern Review GDP loss estimate for roughly the same atmospheric concentration is between -2% and +5%.
  • 76
    • 69649107411 scopus 로고    scopus 로고
    • Id. at
    • Id. at 206
  • 77
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    • 2 Eq
    • 2 eq.
    • , vol.198
  • 78
    • 69649088255 scopus 로고    scopus 로고
    • See Stern, supra note 7, at citing Nordhaus, supra note 27, at 166, and Mendelsohn, supra note 95
    • See Stern, supra note 7, at 6 (citing Nordhaus, supra note 27, at 166, and Mendelsohn, supra note 27, at 95).
    • Stern1
  • 79
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    • 2
    • 2.
  • 80
    • 69649085135 scopus 로고    scopus 로고
    • Id. at
    • Id. at 198
  • 81
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    • Id. at
    • Id. at 205-06.
  • 82
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    • See, supra note 4 reviewing recent models
    • See Bosetti et al., supra note 4, at 4-5 (reviewing recent models).
    • Bosetti1
  • 83
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    • Id
    • Id.
  • 84
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    • Id. at
    • Id. at 10, 13.
    • , vol.10 , pp. 13
  • 85
    • 69649099815 scopus 로고    scopus 로고
    • Sealing the Deal to Save the Climate
    • Linda Starke ed., 2009
    • See Robert Engelman, Sealing the Deal to Save the Climate, in State of the World 2009: Into a Warming World 169, 184 (Linda Starke ed., 2009);
    • (2009) State of the World 2009: Into a Warming World , vol.169 , pp. 184
    • Engelman, R.1
  • 86
    • 84869730723 scopus 로고    scopus 로고
    • In, Brazil proposed allocation based on stocks, or historical contributions. See Proposed Elements of a Protocol to the United Nations Framework Convention on Climate Change, Presented by Brazil in Response to the Berlin Mandate, submitted May 28, 1997
    • Stern, supra note 7, at 28-31. In 1997, Brazil proposed allocation based on stocks, or historical contributions. See Proposed Elements of a Protocol to the United Nations Framework Convention on Climate Change, Presented by Brazil in Response to the Berlin Mandate, (submitted May 28, 1997), available at http://unfccc.int/cop4/resource/docs/1997/agbm/misc01a3.htm.
    • (1997) , pp. 28-31
    • Stern1
  • 87
    • 69649098739 scopus 로고    scopus 로고
    • See, supra note 5, at
    • See Jing Cao, supra note 5, at 10, 11.
    • , vol.11 , pp. 10
    • Cao, J.1
  • 88
    • 69649100346 scopus 로고    scopus 로고
    • See supra note 5, at fig. 2. By participate, We mean both to enter into and comply with an agreement to reduce GHG emissions
    • See Frankel, supra note 5, at 16 fig. 2. By participate, we mean both to enter into and comply with an agreement to reduce GHG emissions.
    • Frankel1
  • 90
    • 69649083201 scopus 로고    scopus 로고
    • See, e.g., see also note 2, at
    • see also Aldy and Stavins, supra note 2, at 9, 19.
    • Supra , vol.19 , pp. 9
    • Aldy1    Stavins2
  • 92
    • 84869699563 scopus 로고    scopus 로고
    • See, e.g., note 1 noting that "nations are not people; they are collections of people, ranging from very rich to very poor"
    • See, e.g., Posner and Sunstein, supra note 1, at 1582 (noting that "[n]ations are not people; they are collections of people, ranging from very rich to very poor").
    • Posner1    Sunstein2
  • 93
    • 69649085148 scopus 로고    scopus 로고
    • See note 5
    • See Jing Cao, supra note 5, at 11.
    • Cao, J.1
  • 94
    • 84869706909 scopus 로고    scopus 로고
    • 2 eq, the largest emitting nations must substantially reduce emissions by 2050, including 80% reductions by the United States and slower emission growth rates by China. Even in this scenario, the planet is likely to be 4 to 6°C warmer
    • 2 eq, the largest emitting nations must substantially reduce emissions by 2050, including 80% reductions by the United States and slower emission growth rates by China. Even in this scenario, the planet is likely to be 4 to 6°C warmer.
  • 95
    • 84869712797 scopus 로고    scopus 로고
    • 2 eq, one scenario would require that the eight largest industrialized nations and the biggest rapidly industrializing nations, including China and India, each reduce emissions by 5% per year, and would require stable emissions from the rest of the world. The costs would be in the tens of trillions of dollars. Id
    • 2 eq, one scenario would require that the eight largest industrialized nations and the biggest rapidly industrializing nations, including China and India, each reduce emissions by 5% per year, and would require stable emissions from the rest of the world. The costs would be in the tens of trillions of dollars. Id.
    • (2009) Innovation Seen as Key to Curbing Climate Change, NPR
    • Harris, R.1
  • 96
    • 84869699683 scopus 로고
    • In 1990, the WMO/ICSU/UNEP Advisory Group on Greenhouse Gases "AGGG" concluded that 2°C was "an upper limit beyond which the risks of grave damage to ecosystems, and of non-linear responses, are expected to increase rapidly
    • In 1990, the WMO/ICSU/UNEP Advisory Group on Greenhouse Gases ("AGGG") concluded that 2°C was "an upper limit beyond which the risks of grave damage to ecosystems, and of non-linear responses, are expected to increase rapidly." AGGG, Stockholm Envtl. Inst., Report of Working Group II of the AGGG, Targets and Indicators of Climate Change (1990);
    • (1990) AGGG, Stockholm Envtl. Inst., Report of Working Group II of the AGGG, Targets and Indicators of Climate Change
  • 97
    • 84869706910 scopus 로고    scopus 로고
    • see also IPCC AR4 WG III, supra note 7 at, The European Union adopted the 2°C target on November 15, 2007, in a European Parliament Resolution. Resolution on Limiting Global Climate Change to 2°Celsius - The Way Ahead for the Bali Conference on Climate Change and Beyond COP 13 and COP/MOP3, 1-2
    • see also IPCC AR4 WG III, supra note 7, at 99. The European Union adopted the 2°C target on November 15, 2007, in a European Parliament Resolution. Resolution on Limiting Global Climate Change to 2°Celsius - The Way Ahead for the Bali Conference on Climate Change and Beyond, Eur. Parl. Doc. (COP 13 and COP/MOP3) 1-2 (2007), available at http://www.europarl.europa.eu/oeil/ DownloadSP.do?id=14318&num-rep=7021&language=en.
    • (2007) Eur. Parl. Doc. , pp. 99
  • 98
    • 84869699562 scopus 로고    scopus 로고
    • For example, after adopting the 2°C target in 2007, the European Parliament adopted the "Florenz report, "which calls for the European Union to reduce GHG emissions to 80% below 1990 levels by 2050
    • For example, after adopting the 2°C target in 2007, the European Parliament adopted the "Florenz report," which calls for the European Union to reduce GHG emissions to 80% below 1990 levels by 2050.
  • 99
    • 84869705966 scopus 로고    scopus 로고
    • See 2050: The Future Begins Today - Recommendations for the EU's Future Integrated Policy on Climate Change, INI AR4 Category I atmospheric concentrations, which would achieve a 2.0 to 2.4°C temperature target, would require 80% to 95% emissions reductions from developed countries by 2050
    • See 2050: The Future Begins Today - Recommendations for the EU's Future Integrated Policy on Climate Change, Eur. Parl. Doc. 2008/2105 (INI) (2009), available at http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP// TEXT+TA+P6-TA-2009-0042+0DOC+XML+V0//EN&language=EN. AR4 Category I atmospheric concentrations, which would achieve a 2.0 to 2.4°C temperature target, would require 80% to 95% emissions reductions from developed countries by 2050.
    • (2008) Eur. Parl. Doc. , vol.2105
  • 100
    • 69649083329 scopus 로고    scopus 로고
    • See IPCC AR4 WG III, supra note 7, at box 13.7
    • See IPCC AR4 WG III, supra note 7, at 776 box 13.7.
  • 101
    • 84869699558 scopus 로고    scopus 로고
    • For example, California has set emissions reductions targets for all GHGs to 2000 levels by 2012, levels by 2020, and 80% below, levels by 2050. Cal. Exec. Order No. S-3-, Florida has set emissions reduction targets for all GHGs to 2000 levels by 2017, levels by 2025, and 80% below, levels by 2050. Fla. Exec. Order No. 07-127, at 2, 2007, available at http://www.flgov.com/pdfs/ orders/07-127-emissions.pdf, The New Jersey Global Warming Response Act limits the level of statewide GHG emissions to, levels by 2020, and 80% below 2006 levels by 2050. Assem. 3301, 212th Leg., § 2 N. J., available at http://www.njleg.state.nj.us/2OO6/Bills/A35O0/3301-R2.PDF
    • For example, California has set emissions reductions targets for all GHGs to 2000 levels by 2012, 1990 levels by 2020, and 80% below 1990 levels by 2050. Cal. Exec. Order No. S-3-05 (2005), available at http://www.dot.ca.gov/hq/ energy/ExecOrderS-3-05.htm. Florida has set emissions reduction targets for all GHGs to 2000 levels by 2017, 1990 levels by 2025, and 80% below 1990 levels by 2050. Fla. Exec. Order No. 07-127, at 2 (2007), available at http://www.flgov.com/pdfs/orders/07-127-emissions.pdf. The New Jersey Global Warming Response Act limits the level of statewide GHG emissions to 1990 levels by 2020, and 80% below 2006 levels by 2050. Assem. 3301, 212th Leg., § 2 (N. J. 2007), available at http://www.njleg.state.nj.us/2006/Bills/A35O0/3301- R2.PDF.
    • (2007)
  • 102
    • 84869699559 scopus 로고    scopus 로고
    • The members of the U. S. Conference of Mayors adopted a resolution calling for reduction of all GHG emissions 80% below, levels by 2050
    • The members of the U. S. Conference of Mayors adopted a resolution calling for reduction of all GHG emissions 80% below 1990 levels by 2050. 76th U. S. Conference of Mayors, City Priorities for a Cap and Trade System (2008), available at http://www.us mayors.org/resolutions/76th-conference/energy-11.asp.
    • (2008) 76th U.S. Conference of Mayors, City Priorities for a Cap and Trade System
  • 103
    • 84869705961 scopus 로고    scopus 로고
    • As of January, the members of the United States Climate Action Partnership "USCAP", including more than two dozen large corporations, have supported a GHG emissions goal of 97 to 102% of 2005 levels by 2012, 80 to 86% of 2005 levels by 2020, 58% of 2005 levels by 2030, and 20% of 2005 levels by 2050
    • As of January 2009, the members of the United States Climate Action Partnership ("USCAP"), including more than two dozen large corporations, have supported a GHG emissions goal of 97 to 102% of 2005 levels by 2012, 80 to 86% of 2005 levels by 2020, 58% of 2005 levels by 2030, and 20% of 2005 levels by 2050.
    • (2009)
  • 105
    • 84869705962 scopus 로고    scopus 로고
    • The signatories to the American College and University Presidents Climate Commitment have called for an 80% reduction in emissions of all GHGs by 2050, although the commitment does not specify a baseline. Am. Coll. and Univ. Presidents Climate Commitment, American College and University Presidents Climate Commitment, available at Hundreds of college and university presidents have signed the commitment. American College and University Presidents Climate Commitment, Signatories of the ACUPCC, http://www.presidentsclimatecommitment. org/html/signatories.php last visited Apr. 26, 2009 on file with the Harvard Environmental Law Review
    • The signatories to the American College and University Presidents Climate Commitment have called for an 80% reduction in emissions of all GHGs by 2050, although the commitment does not specify a baseline. Am. Coll. and Univ. Presidents Climate Commitment, American College and University Presidents Climate Commitment 1 (2008), available at http://www. presidentsclimatecommitment.org/html/commitment.pdf. Hundreds of college and university presidents have signed the commitment. American College and University Presidents Climate Commitment, Signatories of the ACUPCC, http://www.presidentsclimatecommitment.org/html/signatories.php (last visited Apr. 26, 2009) (on file with the Harvard Environmental Law Review).
    • (2008) , vol.1
  • 106
    • 84869696599 scopus 로고    scopus 로고
    • 2 eq, but the group has not proposed a policy architecture for achieving this target. See Understanding 350, last visited Apr. 17, on file with the Harvard Environmental Law Reviewidentifying a strategy of political activism to encourage international consensus that would "put a high enough price on carbon that we stop using so much" and to effectively reduce "carbon 80% by 2050," and mentioning that this would entail a switch to non-coal energy, better land-use, and waste reduction
    • 2 eq, but the group has not proposed a policy architecture for achieving this target. See Understanding 350, http://www.350.org/understanding-350 (last visited Apr. 17, 2009) (on file with the Harvard Environmental Law Review) (identifying a strategy of political activism to encourage international consensus that would "put a high enough price on carbon that we stop using so much" and to effectively reduce "carbon 80% by 2050," and mentioning that thiswould entail a switch to non-coal energy, better land-use, and waste reduction);
    • (2009)
  • 107
    • 84869696600 scopus 로고    scopus 로고
    • 2 eq
    • 2 eq).
  • 108
    • 84869699557 scopus 로고    scopus 로고
    • 2 eq and are increasing by over 2 ppm per year
    • 2 eq and are increasing by over 2 ppm per year.
    • Bosetti1
  • 109
    • 69649106647 scopus 로고    scopus 로고
    • See, supra note 7, at
    • See Stern, supra note 7, at 4;
    • Stern1
  • 110
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    • A Safe Landing for the Climate
    • see also, Into a Warming World, supra note 47, at 13
    • see also W. L. Hare, A Safe Landing for the Climate, in State of the World 2009: Into a Warming World, supra note 47, at 13.
    • (2009) State of the World 2009: Into a Warming World , pp. 13
    • Hare, W.L.1
  • 111
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    • IPCC AR4 WG III, supra note 7, at tbl. 3.10
    • 63IPCC AR4 WG III, supra note 7, at 229 tbl. 3.10.
  • 112
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    • Id
    • Id.
  • 113
    • 84869699554 scopus 로고    scopus 로고
    • The lowest likely temperature increase in the eight policy architectures examined by Bosetti et al. is over 2.5°C. Id. at fig. 3
    • "Bosetti et al., supra note 4, at 11 fig. 3, 11-12, 15. The lowest likely temperature increase in the eight policy architectures examined by Bosetti et al. is over 2.5°C.
    • Bosetti1
  • 114
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    • Id. at
    • Id. at 11 fig. 3.
  • 115
    • 84869727856 scopus 로고    scopus 로고
    • 2 eq, at the low end of the Category III levels, will leave an 80% risk that warming will exceed 3°C. The risk will be much higher at Category IV levels
    • 2 eq, at the low end of the Category III levels, will leave an 80% risk that warming will exceed 3°C. The risk will be much higher at Category IV levels.
    • (2007)
  • 116
    • 69649091521 scopus 로고    scopus 로고
    • See IPCC AR4 WG III, supra note 7 at tbl. 3.9
    • See IPCC AR4 WG III, supra note 7, at 227 tbl. 3.9
  • 117
    • 84869699524 scopus 로고    scopus 로고
    • 2 eq still generates a 50% risk that warming will exceed 2°C
    • 2 eq still generates a 50% risk that warming will exceed 2°C).
    • , vol.23 , pp. 13-22
    • Hare1
  • 118
    • 84869699523 scopus 로고    scopus 로고
    • 2 eq levels
    • 2 eq levels).
    • Hare1
  • 119
    • 84869699525 scopus 로고    scopus 로고
    • 2 eq at 445 to 490 ppm. IPCC AR4 WG III, supra note 7, at tbl. 3.5, 229 tbl. 3.10
    • 2 eq at 445 to 490 ppm. IPCC AR4 WG III, supra note 7, at 198 tbl. 3.5, 229 tbl. 3.10.
  • 120
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    • Id., see also, supra note 62, at noting that it is unlikely that this scenario will stabilize temperatures at 2°C or less
    • see also Hare, supra note 62, at 28 (noting that it is unlikely that this scenario will stabilize temperatures at 2°C or less).
    • Hare1
  • 121
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    • supra note 62, at noting that "a warming of 2 degrees Celsius is clearly not 'safe' and would not prevent, with high certainty, dangerous interference with the climate system"
    • Hare, supra note 62, at 19 (noting that "[a] warming of 2 degrees Celsius is clearly not 'safe' and would not prevent, with high certainty, dangerous interference with the climate system").
    • Hare1
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    • supra note 7, at tbl. 1 citing work of the Hadley Center as published in the Stern Review
    • Stern, supra note 7, at 5 tbl. 1 (citing work of the Hadley Center as published in the Stern Review).
    • Stern1
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    • Id
    • Id.
  • 124
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    • The Garnaut Climate Change Review Concluded that Temperature Increases Above 5.1°C Would "Result in a Severe" Reduction in Human Welfare
    • Id. at
    • Id. at 6. The Garnaut Climate Change Review concluded that temperature increases above 5.1°C would "result in a severe" reduction in human welfare. "Their impacts on human civilisation and most ecosystems are likely to be catastrophic." Garnaut, supra note 7, at 263.
    • Their impacts on human civilisation and most ecosystems are likely to be catastrophic , pp. 6
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    • Garnaut, supra note 7, at 263
    • Garnaut1
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    • A Review of The Stern Review on the Economics of climate Change
    • Martin L. Weitzman, A Review of The Stern Review on the Economics of Climate Change, 45 J. Econ. Literature 703, 716 (2008).
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    • Id
    • Id.
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    • A new global Deal on climate Change
    • See, e.g.
    • See, e.g., Cameron Hepburn and Nicholas Stern, A New Global Deal on Climate Change, 24 Oxford Rev. Econ. Pol Y. 259, 265 (2008);
    • (2008) 24 Oxford Rev. Econ. Pol'y. , vol.259 , pp. 265
    • Hepburn, C.1    Stern, N.2
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    • see also
    • see also D. A. Stainforth et al., Letter, Uncertainty in Predictions of the Climate Response to Rising Levels of Greenhouse Gases, 433 Nature 403 (2005);
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    • Hans Joachim Schellnhuber et al. Eds. A Brief Analysis Based on Multi-Gas emission Pathways and several climate Sensitivity Uncertainty Estimates
    • Malte Meinshausen, What Does a 2°C Target Mean for Greenhouse Gas Concentrations? A Brief Analysis Based on Multi-Gas Emission Pathways and Several Climate Sensitivity Uncertainty Estimates, in Avoiding Dangerous Climate Change 265 (Hans Joachim Schellnhuber et al. Eds., 2006).
    • (2006) Avoiding Dangerous Climate Change 265
    • Meinshausen, M.1
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    • Susan Solomon et al., Irreversible Climate Change Due to Carbon Dioxide Emissions, 106 Proc. Nat'l Acad. Sci. 1704, 1704 (2009).
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    • Feb. 12 on file with the Harvard Environmental Law Review
    • For an overview of recent scientific developments, see Michael D. Lemonick, As Effects of Warming Grow, U. N. Report Is Quickly Dated, Yale Envt 360, Feb. 12, 2009, http://www.e360.yale.edu/content/print.msp?id=2120 (on file with the Harvard Environmental Law Review).
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    • Lemonick, M.D.1
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    • Emissions over die last several years have increased at rates depicted by the very aggressive IPCC A1F1 scenario
    • Emissions over die last several years have increased at rates depicted by the very aggressive IPCC A1F1 scenario.
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    • see supra note 76 Additionally, atmospheric concentrations of GHGs are increasing faster than many models predict
    • See Hepburn and Stern, supra note 76, at 265. Additionally, atmospheric concentrations of GHGs are increasing faster than many models predict.
    • Hepburn1    Stern2
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    • See Lemonick, supra note 77, at 2.
    • Lemonick1
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    • Tipping Elements in the Earth's Climate System
    • See, discussing loss of ice
    • See Timothy M. Lenton et al., Tipping Elements in the Earth's Climate System, 105 Proc. Nat'l Acad. Sci. 1786, 1789 (2008) (discussing loss of ice);
    • (2008) 105 Proc. Nat'l Acad. Sci , vol.1786 , pp. 1789
    • Lenton, T.M.1
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    • regarding Greenland and Antarctic ice
    • Andrew Shepherd and Duncan Wingham, Recent Sea-Level Contributions of the Antarctic and Greenland Ice Sheets, 315 Science 1529 (2007) (regarding Greenland and Antarctic ice);
    • (2007) Science , vol.1529
    • Shepherd, A.1    Wingham, D.2
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    • regarding sea level rise within 100 years
    • Tad Pfeffer et al., Kinematic Constraints on Glacier Contributions to 21st-century Sea Level Rise, 321 Science 1340 (2008) (regarding sea level rise within 100 years);
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    • Pfeffer1
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    • Accelerated Arctic Land Warming and Permafrost Degradation During Rapid Sea ice Loss
    • March 7 unpublished manuscript on file with the Harvard Environmental Law Review referring to 100 year time span
    • David M. Lawrence et al., Accelerated Arctic Land Warming and Permafrost Degradation During Rapid Sea Ice Loss, Geophysical Res. Letters (March 7, 2008) (unpublished manuscript on file with the Harvard Environmental Law Review) (referring to 100 year time span).
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    • See
    • See Eric Rignot et al., Letter, Recent Antarctic Ice Mass Loss from Radar Interferometry and Regional Climate Modelling, 1 Nature Geoscience 106, 106-07 (2008);
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    • Rignot, E.1
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    • Warming of the Antarctic Ice-Sheet Surface Since the 1957 International Geophysical Year
    • see also, reporting that new Antarctic temperature model, using more data sources and improved statistical methods, demonstrates "more significant temperature change in Antarctica. Than reported in some previous temperature reconstructions"
    • see also Eric J. Steig et al., Letter, Warming of the Antarctic Ice-Sheet Surface Since the 1957 International Geophysical Year, 457 Nature 459, 460 (2009) (reporting that new Antarctic temperature model, using more data sources and improved statistical methods, demonstrates "more significant temperature change in Antarctica... Than reported in some previous [temperature] reconstructions").
    • (2009) Nature , vol.459 , pp. 460
    • Steig, E.J.1
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    • 2 eq.
    • 2 eq.
  • 145
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    • 2 eq is justified by several cost-benefit analyses
    • 2 eq is justified by several cost-benefit analyses)
    • Garnaut1
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    • 2 eq.supra note 76 at Hansen has argued that, based on the current science, 2°C is too high if the goal is to reduce the risk of substantial long-term sea level increases, and that we have already exceeded the desired atmospheric GHG concentrations
    • 2 eq. Hepburn and Stern, supra note 76, at 277. Hansen has argued that, based on the current science, 2°C is too high if the goal is to reduce the risk of substantial long-term sea level increases, and that we have already exceeded the desired atmospheric GHG concentrations.
    • Hepburn1    Stern2
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    • 2:Where Should Humanity Aim?
    • See
    • 2:Where Should Humanity Aim?, 2 Open Atmospheric Sci. J. 217, 217-18, 226 (2008);
    • (2008) Open Atmospheric Sci. J. , vol.217 , Issue.226 , pp. 217-218
    • Hansen, J.1
  • 148
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    • Dangerous Human-Made Interference with Climate: A GISS Model Study
    • see also
    • see also James Hansen et al., Dangerous Human-Made Interference with Climate: A GISS Modele Study, 7 Atmospheric Chemistry and Physics 2287, 2304-08 (2007).
    • (2007) Atmospheric Chemistry and Physics , vol.2287 , pp. 2304-2308
    • Hansen, J.1
  • 149
    • 69649092452 scopus 로고    scopus 로고
    • IPCC AR4 WG III, supra note 7, at
    • IPCC AR4 WG III, supra note 7, at 204.
  • 150
    • 69649090730 scopus 로고    scopus 로고
    • Id
    • Id.
  • 151
    • 69649084855 scopus 로고    scopus 로고
    • Id. at
    • Id. at 202-03.
  • 152
    • 69649090873 scopus 로고    scopus 로고
    • Stern, supra note 7, at
    • Stern, supra note 7, at 7-8.
  • 153
    • 84869708356 scopus 로고    scopus 로고
    • IPCC AR4 WG III, supra note 7, at According to the IPCC, "most of the scenarios with drastic CO2 reductions for the USA and the UK assume the introduction of CCS.", Studies, Japan, CGER-D038-2006, Greenhouse Gas Emission Scenarios Database and Regional Mitigation Analysis
    • IPCC AR4 WG III, supra note 7, at 216 (citing Reina Kawase et al., Natt. Inst, for Envtl. Studies, Japan, CGER-D038-2006, Greenhouse Gas Emission Scenarios Database and Regional Mitigation Analysis (2006)). According to the IPCC, "[m]ost of the scenarios with drastic C02 reductions for the USA and the UK assume the introduction of CCS."
    • (2006) Natt. Inst, for Envtl. , pp. 216
  • 154
    • 69649089757 scopus 로고    scopus 로고
    • Id. at
    • Id. at 217
  • 155
    • 69649094108 scopus 로고    scopus 로고
    • Id. at
    • Id. at 218.
  • 156
    • 4043100553 scopus 로고    scopus 로고
    • Stabilization Wedges: Solving the Climate Problem for the Next 50 Years with current Technologies
    • Stephen Pacala and Robert Socolow, Stabilization Wedges: Solving the Climate Problem for the Next 50 Years with Current Technologies, 305 Science 968, 968-69 (2004).
    • (2004) Science , vol.968 , pp. 968-969
    • Pacala, S.1    Socolow, R.2
  • 157
    • 84869699719 scopus 로고    scopus 로고
    • Id. at, concluding that "revolutionary technologies" need to be developed to achieve reductions above leveling off emissions growth
    • "Id. at 968 (concluding that "revolutionary technologies" need to be developed to achieve reductions above leveling off emissions growth).
  • 158
    • 69649096065 scopus 로고    scopus 로고
    • supra note 76, at
    • Hepburn and Stern, supra note 76, at 264.
    • Hepburn1    Stern2
  • 159
    • 69649094974 scopus 로고    scopus 로고
    • Id
    • Id.
  • 160
    • 69649089863 scopus 로고    scopus 로고
    • Id. at
    • Id. at 263.
  • 161
    • 69649092810 scopus 로고    scopus 로고
    • IPCC AR4 WG III, supra note 7, at
    • IPCC AR4 WG III, supra note 7, at 199.
  • 162
    • 84869706866 scopus 로고    scopus 로고
    • 2eq. Stem, supra note 7, at
    • 2eq. Stem, supra note 7, at 7.
  • 163
    • 69649104859 scopus 로고    scopus 로고
    • supra note 62, at
    • 97Hare, supra note 62, at 28.
    • Hare1
  • 164
    • 69649097298 scopus 로고    scopus 로고
    • Id. at
    • Id. at 29.
  • 165
    • 69649095677 scopus 로고    scopus 로고
    • Id. at
    • Id. at 23-25.
  • 166
    • 84869706862 scopus 로고    scopus 로고
    • 2 eq as "far higher" than the atmospheric stabilization concentrations necessary to achieve a high likelihood of limiting warming to 2°C or less.
    • 2 eq as "far higher" than the atmospheric stabilization concentrations necessary to achieve a high likelihood of limiting warming to 2°C or less.
  • 167
    • 69649088634 scopus 로고    scopus 로고
    • Id. at
    • Id. at 28
  • 168
    • 69649102831 scopus 로고    scopus 로고
    • Id. at
    • Id. at 26.
  • 169
    • 69649085146 scopus 로고    scopus 로고
    • By making optimistic assumptions about baselines, some cost estimates project GDP losses by 2030 of only 3% or less, with a 2050 GDP loss that is generally less than 5.5%. IPCC AR4 WG III, supra note 7, at, The Stern Review cost estimate for roughly the same atmospheric concentration was for a GDP loss of between -2% and +5%.
    • By making optimistic assumptions about baselines, some cost estimates project GDP losses by 2030 of only 3% or less, with a 2050 GDP loss that is generally less than 5.5%. IPCC AR4 WG III, supra note 7, at 205-06. The Stern Review cost estimate for roughly the same atmospheric concentration was for a GDP loss of between -2% and +5%.
  • 170
    • 69649087435 scopus 로고    scopus 로고
    • Id at Too few assessments have been done of Category I costs in 2100 for analysis by the IPCC in AR4. Id. at
    • Id at 206. Too few assessments have been done of Category I costs in 2100 for analysis by the IPCC in AR4.
  • 171
    • 69649105373 scopus 로고    scopus 로고
    • Id. at 198.
  • 172
    • 69649106159 scopus 로고    scopus 로고
    • Id. at
    • Id. at 199.
  • 173
    • 84869727817 scopus 로고    scopus 로고
    • Supra Note 4, at Concluding that "the 2°C Temperature Target as Envisaged by the IPCC and the European Commission Requires More Drastic Measures than those Indicated in all the Policy Architectures Considered in this Paper"
    • Bosetti et al., supra note 4, at 20 (concluding that "the 2°C temperature target as envisaged by the IPCC and the European Commission requires more drastic measures than those indicated in all the policy architectures considered in this paper").
    • Bosetti1
  • 174
    • 69649102107 scopus 로고    scopus 로고
    • Id
    • Id.
  • 175
    • 69649087699 scopus 로고    scopus 로고
    • supra note 90, at
    • Pacala and Socolow, supra note 90, at 968.
    • Pacala1    Socolow2
  • 176
    • 69649100736 scopus 로고    scopus 로고
    • supra note 76, at
    • Hepburn and Stern, supra note 76, at 264.
    • Hepburn1    Stern2
  • 177
    • 69649098975 scopus 로고    scopus 로고
    • Stern has recognized the difficulty of providing sufficient over-allocation of allowances to developing countries. supra note
    • Stern has recognized the difficulty of providing sufficient over-allocation of allowances to developing countries. Stem, supra note 7, at 31.
    • Stem1
  • 178
    • 69649084720 scopus 로고    scopus 로고
    • See, e.g., id. at
    • See, e.g., id. at 28;
  • 179
    • 69649106403 scopus 로고    scopus 로고
    • supra note 7, at
    • see also Garnaut, supra note 7, at 202-03;
    • Garnaut1
  • 180
    • 69649098471 scopus 로고    scopus 로고
    • Posner and Sunstein, Per Capita, supra note 18, noting the importance of per capita analyses in climate negotiations
    • Posner and Sunstein, Per Capita, supra note 18, at 52-53 (noting the importance of per capita analyses in climate negotiations);
  • 181
    • 84869727816 scopus 로고    scopus 로고
    • supra note 22, at noting that "the 2050 target will require global per capita emissions to be far below current Chinese levels"
    • Vandenbergh, supra note 22, at 916-17 (noting that "the 2050 target will require global per capita emissions to be far below current Chinese levels").
    • Vandenbergh1
  • 182
    • 69649094229 scopus 로고    scopus 로고
    • See, e.g. supra note 90, at fig. 1 identifying business-as-usual emissions projections for 2050
    • See, e.g., Pacala and Socolow, supra note 90, at 969 fig. 1 (identifying business-as-usual emissions projections for 2050.
    • Pacala1    Socolow2
  • 183
    • 69649101986 scopus 로고    scopus 로고
    • supra note 7, at
    • Stern, supra note 7, at 29.
    • Stern1
  • 184
    • 69649089996 scopus 로고    scopus 로고
    • Id. at
    • Id. at 7-9.
  • 185
    • 69649088776 scopus 로고    scopus 로고
    • See id. at
    • See id. at 28.
  • 186
    • 69649099253 scopus 로고    scopus 로고
    • Id. at
    • Id. at 4-5.
  • 187
    • 69649093215 scopus 로고    scopus 로고
    • China: Top Priority Remains economic Growth, not Curbing Emissions, Ambassador Says
    • BNA
    • Dean Scott, China: Top Priority Remains Economic Growth, Not Curbing Emissions, Ambassador Says, 40 Env't Rep. (BNA) 326 (2009).
    • (2009) Env't. Rep. , pp. 326
    • Scott, D.1
  • 188
    • 84869706860 scopus 로고    scopus 로고
    • World Bank, Poverty Data: A Supplement to World Development Indicators 2008, at 19 tbl. S. 2
    • World Bank, Poverty Data: A Supplement to World Development Indicators 2008, at 19 tbl. S. 2 (2008), available at http://siteresources.worldbank.org/ DATASTATISTICS/Resources/WDI08supplement 1216.pdf.
    • (2008)
  • 189
    • 69649089374 scopus 로고    scopus 로고
    • Posner and Sunstein have noted the importance of addressing the equity arguments of poor countries in efforts to induce them to enter into a post-Kyoto treaty with substantial, binding commitments
    • Posner and Sunstein have noted the importance of addressing the equity arguments of poor countries in efforts to induce them to enter into a post-Kyoto treaty with substantial, binding commitments.
  • 190
    • 69649091518 scopus 로고    scopus 로고
    • supra note 1, at
    • See Posner and Sunstein, supra note 1, at 1608.
    • Posner1    Sunstein2
  • 191
    • 69649092033 scopus 로고    scopus 로고
    • World Bank, supra note 117, at tbl. S. 2
    • 119World Bank, supra note 117, at 19 tbl. S. 2.
  • 192
    • 84869699513 scopus 로고    scopus 로고
    • We refer to China as a developing country in this Article, although we recognize that China and several other developing countries are rapidly industrializing. See, e.g., Stern, supra note 7, at, discussing China as a part of the "developing world"
    • We refer to China as a developing country in this Article, although we recognize that China and several other developing countries are rapidly industrializing. See, e.g., Stern, supra note 7, at 22 (discussing China as a part of the "developing world");
  • 193
    • 84869703072 scopus 로고    scopus 로고
    • Per Capita, supra note 18, at, noting that China, India, and Brazil are "developing countries that are, or will soon be, industrial powers". The totals exclude emissions from land use and forestry, for which only data from 2000 are available and the reliability of the data is unclear. The United Nations Framework Convention on Climate Change "UNFCCC" has cautioned that "parties reported difficulties in obtaining activity data for the time series needed for the LUCF sector, as requested by the IPCC methodology. National data on land use and forest cover were often outdated or not in a suitable format." UNFCCC, Subsidiary Body for Implementation, ¶ 87, U. N. Doc. FCCC/SBI/2005/18 Oct. 25, available at, Nevertheless, it is clear that Indonesia and Brazil accounted for a large share of global land-use carbon emissions
    • Posner & Sunstein, Per Capita, supra note 18, at 54 (noting that China, India, and Brazil are "developing countries that are, or will soon be, industrial powers"). The totals exclude emissions from land use and forestry, for which only data from 2000 are available and the reliability of the data is unclear. The United Nations Framework Convention on Climate Change ("UNFCCC") has cautioned that "[p]arties reported difficulties in obtaining activity data for the time series needed for the LUCF sector, as requested by the IPCC methodology. National data on land use and forest cover were often outdated or not in a suitable format." UNFCCC, Subsidiary Body for Implementation, Sixth Compilation and Synthesis of Initial Communications from Parties Not Included in Annex I to the Convention, ¶ 87, U. N. Doc. FCCC/SBI/2005/18 (Oct. 25, 2005), available at http://unfccc.int/resource/docs/ 2005/sbi/eng/18.pdf. Nevertheless, it is clear that Indonesia and Brazil accounted for a large share of global land-use carbon emissions.
    • (2005) Sixth Compilation and Synthesis of Initial Communications from Parties Not Included in Annex I to the Convention , pp. 54
    • Posner1    Sunstein2
  • 194
    • 69649096795 scopus 로고    scopus 로고
    • See, Data Note, Report to the World Resources Institute from the Woods Hole Research Center, available at, For an analysis for major emitting countries
    • See Richard Houghton, Data Note, Emissions (and Sinks) of Carbon from Land-Use Change 1 (Report to the World Resources Institute from the Woods Hole Research Center, 2003), available at http://cait.wri.org/downloads/DN-LUCF.pdf. For an analysis for major emitting countries
    • (2003) Emissions (and Sinks) of Carbon from Land-Use Change , pp. 1
    • Houghton, R.1
  • 195
    • 69649092454 scopus 로고    scopus 로고
    • see, supra note 3
    • see Sunstein, supra note 3.
    • Sunstein1
  • 196
    • 84869727815 scopus 로고    scopus 로고
    • WRI-CAIT, supra note 16. The WRI-CAIT data include and rank the European Union "EU" for comparison purposes. Since other EU member countries are ranked as well, we have removed the EU ranking and adjusted the rankings of the other countries to reflect this change
    • WRI-CAIT, supra note 16. The WRI-CAIT data include and rank the European Union ("EU") for comparison purposes. Since other EU member countries are ranked as well, we have removed the EU ranking and adjusted the rankings of the other countries to reflect this change.
  • 197
    • 84869699713 scopus 로고    scopus 로고
    • See, Energy Info. Admin., U. S. Dept of Energy, International Energy Outlook, at, fig. 77 Mexico, 94 fig. 79 Asian countries 2008, All data are country-specific, except for Indonesia, which reflects "Other Asia."
    • See Energy Info. Admin., U. S. Dept of Energy, International Energy Outlook 2008, at 93 fig. 77 (Mexico), 94 fig. 79 (Asian countries) (2008). All data are country-specific, except for Indonesia, which reflects "Other Asia."
    • (2008) , pp. 93
  • 198
    • 84869718538 scopus 로고    scopus 로고
    • Int'l Energy Agency, World Energy Outlook 2008 Fact Sheet: Global Energy Trends, available at, As Posner and Sunstein note based on country-level GHG data, "it should be clear, from these figures, why developing countries are most unlikely to be sympathetic to an approach that allocates emissions rights on the basis of existing emissions levels." Posner & Sunstein, supra note 18, at
    • Int'l Energy Agency, World Energy Outlook 2008 Fact Sheet: Global Energy Trends (2008), available at http://www.worldenergyoutlook.org/docs/weo2008/fact- sheets-08.pdf. As Posner and Sunstein note based on country-level GHG data, "[i]t should be clear, from these figures, why developing countries are most unlikely to be sympathetic to an approach that allocates emissions rights on the basis of existing emissions levels." Posner & Sunstein, Per Capita, supra note 18, at 61.
    • (2008) Per. Capita , pp. 61
  • 199
    • 69649088120 scopus 로고    scopus 로고
    • IPCC AR4 WG III, supra note 7, at, fig. TS. 2b
    • IPCC AR4 WG III, supra note 7, at 29 fig. TS. 2b.
  • 205
    • 69649087432 scopus 로고    scopus 로고
    • See Stern, supra note 7, at
    • See Stern, supra note 7, at 7.
  • 207
    • 69649097922 scopus 로고    scopus 로고
    • World Bank, supra note 117, at, tbl. S. 2
    • World Bank, supra note 117, at 19-20 tbl. S. 2.
  • 208
    • 69649097032 scopus 로고    scopus 로고
    • If global emissions must be reduced by 50% or more, the rest of the world would have to approach zero emissions just to allow these five developing countries, which currently emit nearly 30% of total emissions, to continue to emit at current levels, much less increase emissions to fuel economic growth. See WRI-CAIT, supra note 16
    • If global emissions must be reduced by 50% or more, the rest of the world would have to approach zero emissions just to allow these five developing countries, which currently emit nearly 30% of total emissions, to continue to emit at current levels, much less increase emissions to fuel economic growth. See WRI-CAIT, supra note 16.
  • 209
    • 84869722317 scopus 로고    scopus 로고
    • On average, 420 lights, 102 color TVs, 64 washers, 59 fans, 44 DVD players, and 28 refrigerators were owned for every 100 households in China in, tbl. 2, Eighth International Power Engineering Conference, available at
    • On average, 420 lights, 102 color TVs, 64 washers, 59 fans, 44 DVD players, and 28 refrigerators were owned for every 100 households in China in 2005. He Yongxiu et al., Residential Load Forecast in China 688 tbl. 2 (2007) (Eighth International Power Engineering Conference), available at http://ieeexplore.ieee.org/stamp/starnp. jsp?arnumber=4510114&isnumber= 4509990.
    • (2005) Residential Load Forecast in China , pp. 688
    • Yongxiu, H.1
  • 210
    • 84869727813 scopus 로고    scopus 로고
    • COPING WITH RESIDENTIAL ELECTRICITY Demand in India's Future 6 figs. 3 &, available at, A study of older data showed similar statistics, including those for lighting
    • VIRGINIE E. LETSCHERT & MICHAEL A. McNeil, COPING WITH RESIDENTIAL ELECTRICITY Demand in India's Future 6 figs. 3 & 4 (2007), available at http://eetd.1bl.gov/ea/ies/iespubs/63199.pdf. A study of older data showed similar statistics, including those for lighting.
    • (2007) , pp. 4
    • Letschert, V.E.1    McNeil, M.A.2
  • 211
    • 84869725571 scopus 로고    scopus 로고
    • See, tbl. 1, 3 fig. 2 proceedings of National Renewable Energy Conference, ITT Bombay, available at
    • See Rangan Banerjee et al., Electricity Demand for Village Electrification 2 tbl. 1, 3 fig. 2 (proceedings of National Renewable Energy Conference, ITT Bombay, 2000), available at http://www.me.iitb.ac.in/~rangan/ publication/Papers-Proceedings/nrecpaper2.pdf.
    • (2000) Electricity Demand for Village Electrification , pp. 2
    • Banerjee, R.1
  • 212
    • 69649085909 scopus 로고    scopus 로고
    • supra note 133, at, fig. 3 estimates from graph. Note that though adopting TVs before more utilitarian appliances may seem counterintuitive, this consumption pattern is common
    • Letschert & McNeil, supra note 133, at 6 fig. 3 (estimates from graph). Note that though adopting TVs before more utilitarian appliances may seem counterintuitive, this consumption pattern is common.
    • Letschert1    McNeil2
  • 213
    • 0041382788 scopus 로고    scopus 로고
    • Public Service Provision and the Demand for Electric Appliances in Rural China
    • See
    • See Zhao Rong & Yang Yao, Public Service Provision and the Demand for Electric Appliances in Rural China, 14 China Econ. Rev. 131, 131 (2003);
    • (2003) China Econ. Rev. , vol.131 , pp. 131
    • Rong, Z.1    Yao, Y.2
  • 214
    • 63149096084 scopus 로고    scopus 로고
    • see also, 37 Energy Pol'y, noting that "increasing personal income is likely to lead to an unprecedented increase in energy demand in many developing countries. For example, the potential cooling demand in metropolitan Mumbai, a city with 18.2 million people is about 24% of the demand for the entire United States"
    • see also Michael Sivak, Potential Energy Demand for Cooling in the 50 Largest Metropolitan Areas of the World: Implications for Developing Countries, 37 Energy Pol'y 1382, 1382-83 (2009) (noting that "increasing personal income is likely to lead to an unprecedented increase in energy demand in many developing countries. For example, the potential cooling demand in metropolitan Mumbai [a city with 18.2 million people] is about 24% of the demand for the entire United States").
    • (2009) Potential Energy Demand for Cooling in the 50 Largest Metropolitan Areas of the World: Implications for Developing Countries , vol.1382 , pp. 1382-1383
    • Sivak, M.1
  • 217
    • 69649093493 scopus 로고    scopus 로고
    • World Bank, supra note 117, at, tbl. 3.
    • World Bank, supra note 117, at 11 tbl. 3.
  • 218
    • 84869699504 scopus 로고    scopus 로고
    • The total of 530 million households is based on population figures in World Bank, supra note 117. A regionally-weighted average family size of 4.84 was calculated using statistics for China, India, and parts of Sub-Saharan Africa, which represent the majority of populations living on less than $2 per day. The totals on a per-country basis include China, estimated median household size of 3.7, based on a 2002 average of rural and urban households.
    • The total of 530 million households is based on population figures in World Bank, supra note 117. A regionally-weighted average family size of 4.84 was calculated using statistics for China, India, and parts of Sub-Saharan Africa, which represent the majority of populations living on less than $2 per day. The totals on a per-country basis include China, estimated median household size of 3.7, based on a 2002 average of rural and urban households.
  • 219
    • 84869702573 scopus 로고    scopus 로고
    • World Bank, China: Transport Sector Brief, at app., available at India has an estimated median household size of 5.8, using "demographics of the poor."
    • Alberto Nogales, World Bank, China: Transport Sector Brief, at app. "Transport Sector Measures" (2004), available at http://www.worldbank. org/transport/transportresults/regions/eap/eap-china-output.pdf. India has an estimated median household size of 5.8, using "demographics of the poor."
    • (2004) Transport Sector Measures
    • Nogales, A.1
  • 220
    • 65449145248 scopus 로고    scopus 로고
    • 13 World Bank Policy Research Working Paper, WPS, available at, Zambia has an estimated median household size of 5.3 and was used as a substitute for much of sub-Saharan Africa.
    • Rinku Murgai & Martin Ravallion, Is a Guaranteed Living Wage a Good Anti-Poverty Policy? 13 (World Bank Policy Research Working Paper, WPS 3640, 2005), available at http://www-wds.worldbank.org/extemal/default/ WDSContentServer/IW3P/IB/2005/06/16/000016406-20050616103635/Rendered/PDF/ wps3640.pdf. Zambia has an estimated median household size of 5.3 and was used as a substitute for much of sub-Saharan Africa.
    • (2005) Guaranteed Living Wage a Good Anti-Poverty Policy? , pp. 3640
    • Murgai, R.1    Ravallion, M.2
  • 221
    • 69649083935 scopus 로고    scopus 로고
    • World Bank, Report No. 32573-ZM, tbl. 3.1, available at
    • World Bank, Report No. 32573-ZM, Zambia Poverty and Vulnerability Assessment 68 tbl. 3.1 (2007), available at http://www-wds.worldbank.org/ external/defaultAVDSContentServerAVDSP/IB/2007/10/04/000020439-20071004094458/ Rendered/PDF/325730ZM.pdf
    • (2007) Zambia Poverty and Vulnerability Assessment , pp. 68
  • 222
    • 84869706851 scopus 로고    scopus 로고
    • 2 per MW using data from Carbon Monitoring for Action "CARMA", last visited Apr. 26, on file with the Harvard Environmental Law Review. CARMA data were converted at a rate of 0.907 metric tons per short ton
    • 2 per MW) using data from Carbon Monitoring for Action ("CARMA"), http://carma.org/dig (last visited Apr. 26, 2009) (on file with the Harvard Environmental Law Review). CARMA data were converted at a rate of 0.907 metric tons per short ton.
    • (2009)
  • 223
    • 57049088389 scopus 로고    scopus 로고
    • According to the EIA, electricity, as a subset of residential sector energy consumption, accounted for the emission of 903.7 metric tons of carbon dioxide in the United States in
    • According to the EIA Emissions of Greenhouse Gases Report, electricity, as a subset of residential sector energy consumption, accounted for the emission of 903.7 metric tons of carbon dioxide in the United States in 2007.
    • (2007) Emissions of Greenhouse Gases Report
  • 224
    • 57049088389 scopus 로고    scopus 로고
    • Energy Info. Admin., on file with the Harvard Environmental Law Review
    • Energy Info. Admin., Emissions of Greenhouse Gases Report (2008), http://www.eia.doe.gov/oiaf/1605/ggrpt/carbon.html#residential (on file with the Harvard Environmental Law Review).
    • (2008) Emissions of Greenhouse Gases Report
  • 225
    • 84869706852 scopus 로고    scopus 로고
    • 2 for the year, which excludes land-use change. See WRI-CAIT, supra note 16
    • 2 for the year 2000, which excludes land-use change. See WRI-CAIT, supra note 16.
    • (2000)
  • 226
    • 69649086640 scopus 로고    scopus 로고
    • Id
    • Id.
  • 227
    • 69649087838 scopus 로고    scopus 로고
    • Aldy & Stavins, supra note 2, at
    • Aldy & Stavins, supra note 2, at 1.
  • 228
    • 84869720160 scopus 로고    scopus 로고
    • See, e.g., Reuters AlertNet, Apr. 8, on file with the Harvard Environmental Law Review discussing International Finance Corporation "IFC" funding of the Ultra Mega plant, and noting that it will be more efficient than many coal-fired power plants in India
    • See, e.g., Lesley Wroughton, World Bank Approves Funds for Coal-Fired Power Plant, Reuters AlertNet, Apr. 8, 2008, http://www.alertnet.org/thenews/ newsdesk/N08412737.htm (on file with the Harvard Environmental Law Review) (discussing International Finance Corporation ("IFC") funding of the Ultra Mega plant, and noting that it will be more efficient than many coal-fired power plants in India);
    • (2008) World Bank Approves Funds for Coal-Fired Power Plant
    • Wroughton, L.1
  • 229
    • 84869699708 scopus 로고    scopus 로고
    • 2 per year, but that "the I. F. C., along with the Asian Development Bank, Korea, and other backers, sees the need to bring electricity to one of the world's poorest regions as more pressing man limiting carbon dioxide from fuel burning"
    • 2 per year, but that "[t]he I. F. C., along with the Asian Development Bank, Korea, and other backers, sees the need to bring electricity to one of the world's poorest regions as more pressing man limiting carbon dioxide from fuel burning").
    • (2008)
  • 230
    • 69649106765 scopus 로고    scopus 로고
    • In addition, if developing countries achieve poverty alleviation using the fossil-fuel intensive path taken by developed countries, when they turn to calculate the costs and benefits of making emissions reductions several decades down the road, the costs will be much higher than if the lock-in effects were minimized along the way
    • In addition, if developing countries achieve poverty alleviation using the fossil-fuel intensive path taken by developed countries, when they turn to calculate the costs and benefits of making emissions reductions several decades down the road, the costs will be much higher than if the lock-in effects were minimized along the way.
  • 231
    • 69649089371 scopus 로고    scopus 로고
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    • See Posner & Sunstein, supra note 1, at 1602.
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    • 84869728336 scopus 로고    scopus 로고
    • See, e.g., Editorial, Down to Earth, Apr. 15, available at, discussing subsidies for the Nano car and the need to reframe arguments about rights to modern transportation
    • See, e.g., Sunita Narain, Editorial, The Right Right, Down to Earth, Apr. 15, 2009, available at http://www.downtoearth.org.in/editor.asp?foldemame= 20090415&filename=Editor&sec-id=2&sid=l (discussing subsidies for the Nano car and the need to reframe arguments about rights to modern transportation).
    • (2009) The Right Right
    • Narain, S.1
  • 233
    • 69649085009 scopus 로고    scopus 로고
    • For example, according to the World Bank, if measures of poverty took into account the increase in food prices, global estimates in, For many, the fall below poverty can be traced to changes in global food prices due to biofuel policies in the United States and Europe.
    • For example, according to the World Bank, if measures of poverty took into account the increase in food prices, global estimates in 2009 "might show a reversal of the steady decline in poverty rates of the previous few years." For many, the fall below poverty can be traced to changes in global food prices due to biofuel policies in the United States and Europe.
    • (2009) Might show a reversal of the steady decline in poverty rates of the previous few years.
  • 234
    • 0040346777 scopus 로고    scopus 로고
    • World Bank, 2010: Development in a Changing Climate: Concept Note 6.
    • World Bank, World Bank Development Report 2010: Development in a Changing Climate: Concept Note 6 (2008).
    • (2008) World Bank Development Report
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    • See, e.g., 37 Stan. L. Rev. 1333, proposing a cap-and-trade approach for stationary air pollution sources
    • See, e.g., Bruce A. Ackerman & Richard B. Stewart, Reforming Environmental Law, 37 Stan. L. Rev. (1985) (proposing a cap-and-trade approach for stationary air pollution sources).
    • (1985) Reforming Environmental Law , pp. 1333
    • Ackerman, B.A.1    Stewart, R.B.2
  • 239
    • 69649105248 scopus 로고    scopus 로고
    • See generally, 38 Envtl. L. Rep. News & Analysis Envtl. Law Inst., discussing the importance of examining the relationship between consumption and GHG emissions
    • See generally Douglas A. Kysar & Michael P. Vandenbergh, Introduction: Climate Change and Consumption, 38 Envtl. L. Rep. News & Analysis (Envtl. Law Inst.) 10, 825 (2008) (discussing the importance of examining the relationship between consumption and GHG emissions).
    • (2008) Introduction: Climate Change and Consumption , vol.10 , pp. 825
    • Kysar, D.A.1    Vandenbergh, M.P.2
  • 241
    • 69649094228 scopus 로고    scopus 로고
    • See Vandenbergh, supra note 22, at
    • See Vandenbergh, supra note 22, at 911, 945-46.
    • , vol.911 , pp. 945-946
  • 244
    • 69649088383 scopus 로고    scopus 로고
    • See, e.g., 38 Envtl. L. Rep. Envtl. Law Inst. 10, 834, reviewing the happiness literature
    • See, e.g., Mark A. Cohen & Michael P. Vandenbergh, Consumption, Happiness, and Climate Change, 38 Envtl. L. Rep. (Envtl. Law Inst.) 10, 834, 10, 835-37 (2008) (reviewing the happiness literature);
    • (2008) Consumption, Happiness, and Climate Change , vol.10 , pp. 835-837
    • Cohen, M.A.1    Vandenbergh, M.P.2
  • 245
    • 69649088635 scopus 로고    scopus 로고
    • Development as Freedom, For a discussion of the multidimensionality of capability and its measurement
    • Amartya Sen, Development as Freedom (1999) (discussing human capabilities). For a discussion of the multidimensionality of capability and its measurement
    • (1999) Discussing Human Capabilities
    • Sen, A.1
  • 246
    • 84869699502 scopus 로고    scopus 로고
    • see, Oxford Poverty & Human Dev. Inst., Working Paper, available at
    • see Sabina Alkire & James Foster, Counting and Multidimensional Poverty Measurement (Oxford Poverty & Human Dev. Inst., Working Paper No. 7, 2008), available at http://www.ophi.org.uk/pubs/OPHI-WP7.pdf
    • (2008) Counting and Multidimensional Poverty Measurement , Issue.7
    • Alkire, S.1    Foster, J.2
  • 249
    • 27744463087 scopus 로고    scopus 로고
    • 74 Soc. Indicators Res, offering an empirical approach to the quantitative study of human agency
    • Sabina Alkire, Subjective Quantitative Studies of Human Agency, 74 Soc. Indicators Res. 217 (2005) (offering an empirical approach to the quantitative study of human agency).
    • (2005) Subjective Quantitative Studies of Human Agency , pp. 217
    • Alkire, S.1
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    • 69649106284 scopus 로고    scopus 로고
    • See, supra note 154, at
    • See Cohen & Vandenbergh, supra note 154, at 10, 835-37.
    • , vol.10 , pp. 835-837
    • Cohen1    Vandenbergh2
  • 251
    • 33746878587 scopus 로고
    • The conception of well-being we use is amenable to estimating the monetary equivalence of changes in well-being that are conferred through non-market labor and consumption. For an example of efforts to improve measures of well-being, see, 82 J. Phil, setting out the importance of attending to well-being and agency
    • The conception of well-being we use is amenable to estimating the monetary equivalence of changes in well-being that are conferred through non-market labor and consumption. For an example of efforts to improve measures of well-being, see Amartya Sen, Weil-Being, Agency and Freedom: The Dewey Lectures, 82 J. Phil. 169 (1985) (setting out the importance of attending to well-being and agency);
    • (1985) Weil-Being, Agency and Freedom: The Dewey Lectures , pp. 169
    • Sen, A.1
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    • offering an empirical approach to measuring capability. Our approach could accommodate these efforts but does not depend on them
    • Sabina Alkire, Valuing Freedoms: Sen's Capability Approach and Poverty Reduction (2002) (offering an empirical approach to measuring capability). Our approach could accommodate these efforts but does not depend on them.
    • (2002) Valuing Freedoms: Sen's Capability Approach and Poverty Reduction
    • Alkire, S.1
  • 256
    • 84869699494 scopus 로고    scopus 로고
    • New Carbon Fin., Carbon up 84% in 2008 at $118b Jan. 8, available at
    • Press Release, New Carbon Fin., Carbon up 84% in 2008 at $118b (Jan. 8, 2008) available at http://newcarbonfinance.com/download.php?n=20090108- PR-Carbon-Markets-Q42008.pdf&f=fileName&t=NCF-downloads.
    • (2008)
    • Press, R.1
  • 258
    • 69649087315 scopus 로고    scopus 로고
    • See, supra note 160, at, tbl. 2
    • See Hamilton et al., supra note 160, at 26 tbl. 2.
    • Hamilton1
  • 259
    • 84869699700 scopus 로고    scopus 로고
    • Id. The total includes $72.4 million CCX and $258.4 million OTC
    • Id. The total includes $72.4 million CCX and $258.4 million OTC.
  • 260
    • 84869727806 scopus 로고    scopus 로고
    • Id. Preliminary data indicate that transactions in the voluntary market rose to $499 million in, Press Release, New Carbon Fin., supra note 161
    • Id. Preliminary data indicate that transactions in the voluntary market rose to $499 million in 2008. Press Release, New Carbon Fin., supra note 161.
    • (2008)
  • 261
    • 69649091515 scopus 로고    scopus 로고
    • Of the 42.1 MMtCO 2eq of credits traded on the OTC market in 2007, respondents were only able to confirm that 10.7 MMtCO2eq were directly destined for retirement, supra note 160, at
    • Of the 42.1 MMtCO 2eq of credits traded on the OTC market in 2007, respondents were only able to confirm that 10.7 MMtCO2eq were directly destined for retirement. Hamilton et al., supra note 160, at 6.
    • Hamilton1
  • 262
    • 69649092932 scopus 로고    scopus 로고
    • See id. at, Prices for carbon credits vary significantly based on the source of emission reduction e.g. forestation, methane capture, energy efficiency, the standard the credit is based on e.g. CDM VER, VCS, etc., as well as normal supply/demand dynamics. A participant's position in the supply chain e.g. developer, wholesaler, broker, trader, final buyer also affects a credit's selling price
    • See id. at 29. Prices for carbon credits vary significantly based on the source of emission reduction (e.g. forestation, methane capture, energy efficiency), the standard the credit is based on (e.g. CDM VER, VCS, etc.), as well as normal supply/demand dynamics. A participant's position in the supply chain (e.g. developer, wholesaler, broker, trader, final buyer) also affects a credit's selling price.
  • 263
    • 84869727805 scopus 로고    scopus 로고
    • See, e.g., U. S. Gov't Accountability Office, Carbon Offsets: The U. S. Market is Growing, but Quality Assurance Poses Challenges for Market Participants, available at
    • See, e.g., U. S. Gov't Accountability Office, Carbon Offsets: The U. S. Market is Growing, but Quality Assurance Poses Challenges for Market Participants (2008) (report to congressional requesters), available at http://www.gao.gov/new.items/d081048.pdf
    • (2008) Report to Congressional Requesters
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    • 69649085669 scopus 로고    scopus 로고
    • supra note 160, at, fig. 22
    • Hamilton et al., supra note 160, at 52 fig. 22.
    • Hamilton1
  • 265
    • 69649107418 scopus 로고    scopus 로고
    • Annex A, on file with the Harvard Environmental Law Review
    • The Gold Standard, Annexes to Toolkit, Annex A (2008) (on file with the Harvard Environmental Law Review).
    • (2008) The Gold Standard, Annexes to Toolkit
  • 266
    • 84869721509 scopus 로고    scopus 로고
    • last visited Apr. 16, on file with the Harvard Environmental Law Review
    • Social Carbon, How it Works, http://www.socialcarbon.com/en/?page=How-It- Works (last visited Apr. 16, 2009) (on file with the Harvard Environmental Law Review).
    • (2009) Social Carbon, How it Works
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    • 69649091782 scopus 로고    scopus 로고
    • Id
    • Id.
  • 268
    • 84869706846 scopus 로고    scopus 로고
    • New Carbon Fin., Voluntary Carbon Index VCI 2, available at
    • New Carbon Fin., Voluntary Carbon Index (VCI) 2 (2008), available at http://newcarbonfinance.com/download.php?n=NCF-NA-VoluntaryCarbonIndex-2008-082. pdf&f=FileName&t=NCF-downloads.
    • (2008)
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    • Id. Noting "demand from pre-compliance buyers willing to pay above average prices"
    • Id. (noting "demand from pre-compliance buyers willing to pay above average prices").
  • 272
    • 69649086020 scopus 로고    scopus 로고
    • See Ackerly, supra note 173 manuscript at
    • See Ackerly, supra note 173 (manuscript at 7-8).
  • 273
    • 84869727802 scopus 로고    scopus 로고
    • One such scenario would create a social justice credit by comparing improvements to targets established by the Millennium Development Goals "MDG" See United Nations, Millennium Development Goals 2015, last visited Apr. 26, on file with the Harvard Environmental Law Review. For example, if the EMO funds are transferred in the form of a loan to a woman, as is common in microfinance, it could receive direct recognition for its contribution to the MDG of gender equity
    • One such scenario would create a social justice credit by comparing improvements to targets established by the Millennium Development Goals ("MDG"). See United Nations, Millennium Development Goals 2015, http://www.un.org/millenniumgoals/(last visited Apr. 26, 2009) (on file with the Harvard Environmental Law Review). For example, if the EMO funds are transferred in the form of a loan to a woman, as is common in microfinance, it could receive direct recognition for its contribution to the MDG of gender equity.
    • (2009)
  • 275
    • 84869706927 scopus 로고    scopus 로고
    • MDG Monitor
    • last visited Apr. 26, on file with the Harvard Environmental Law Review, referring to share of women in wage employment in the non-agricultural sector
    • MDG Monitor, Promote Gender Equality and Empower Women, http://www.mdgmonitor.org/goal3.cfm (last visited Apr. 26, 2009) (on file with the Harvard Environmental Law Review) (referring to share of women in wage employment in the non-agricultural sector).
    • (2009) Promote Gender Equality and Empower Women
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    • 84869717066 scopus 로고    scopus 로고
    • The Consultative Group to Assist the Poor, "CGAP", available at
    • The Consultative Group to Assist the Poor ("CGAP"), The Poverty Audit 8 (2003), available at http://www2.ids.ac.uk/impact/files/reviews/CGAP- poverty-audit.pdf
    • (2003) The Poverty Audit 8
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    • see also last visited Apr. 15, on file with the Harvard Environmental Law Review. For additional information about social performance assessment tools
    • see also CGAP, Advancing Financial Access for the World's Poor, http://www.cgap.org/(last visited Apr. 15, 2009) (on file with the Harvard Environmental Law Review). For additional information about social performance assessment tools
    • (2009) CGAP, Advancing Financial Access for the World's Poor
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    • 84869711198 scopus 로고    scopus 로고
    • see, last visited April 15, on file with the Harvard Environmental Law Review
    • see The Microfinance Gateway, MicroFinance Initiatives, Social Performance Assessment Tools, http://www.microfinancegate way.com/resource- centers/socialperformance/article/35397 (last visited April 15, 2009) (on file with the Harvard Environmental Law Review).
    • (2009) The Microfinance Gateway, MicroFinance Initiatives, Social Performance Assessment Tools
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    • See United Nations, supra note 176
    • See United Nations, supra note 176;
  • 280
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    • G. A. Res 60/1, U. N. Doc. A/RES/60/1 Oct. 24
    • G. A. Res 60/1, U. N. Doc. A/RES/60/1 (Oct. 24, 2005) (resolution revising the eight MDGs);
    • (2005) Resolution Revising the Eight MDGs
  • 281
    • 84869706841 scopus 로고    scopus 로고
    • MDG, Official List of MDG Indicators, last visited Apr. 15, on file with the Harvard Environmental Law Review noting that MDG goals are to 1 eradicate extreme poverty and hunger; 2 achieve universal primary education; 3 promote gender equality and empower women; 4 reduce child mortality; 5 improve maternal health; 6 combat HIV/AIDS, malaria, and other diseases; 7 ensure environmental sustainability; and 8 develop global partnership for development
    • MDG, Official List of MDG Indicators, http://mdgs.un.org/unsd/mdg/Host. aspx?Content=Indicators/OfficialList.htm (last visited Apr. 15, 2009) (on file with the Harvard Environmental Law Review) (noting that MDG goals are to (1) eradicate extreme poverty and hunger; (2) achieve universal primary education; (3) promote gender equality and empower women; (4) reduce child mortality; (5) improve maternal health; (6) combat HIV/AIDS, malaria, and other diseases; (7) ensure environmental sustainability; and (8) develop global partnership for development).
    • (2009)
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    • 84869712877 scopus 로고    scopus 로고
    • For data by series, see MDG Indicators, Availability.aspx last visited Apr. 15, on file with the Harvard Environmental Law Review. The indicators of the poverty goal do not focus on raising overall GDP per capita, but rather on raising the well-being of the least well off
    • For data by series, see MDG Indicators, Data Availability by Series and MDG Region, http://mdgs.un.org/unsd/mdg/Data Availability.aspx (last visited Apr. 15, 2009) (on file with the Harvard Environmental Law Review). The indicators of the poverty goal do not focus on raising overall GDP per capita, but rather on raising the well-being of the least well off.
    • (2009) Data Availability by Series and MDG Region
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    • 84869699695 scopus 로고    scopus 로고
    • The Converging World is an NGO that uses donations to finance wind turbines. Those turbines are used to generate revenue via the sale of electricity and carbon credits, and the profits are donated to the charity Social Change and Development, which applies the funds toward education, health, and environmental projects in the developing world. The Converging World, About Us, last visited Apr. 15, on file with the Harvard Environmental Law Review
    • The Converging World is an NGO that uses donations to finance wind turbines. Those turbines are used to generate revenue via the sale of electricity and carbon credits, and the profits are donated to the charity Social Change and Development, which applies the funds toward education, health, and environmental projects in the developing world. The Converging World, About Us, http://www.theconvergingworld.org/document-1.aspx?id=0:37374 (last visited Apr. 15, 2009) (on file with the Harvard Environmental Law Review).
    • (2009)
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    • See, supra note 1, at
    • See Vandenbergh & Ackerly, supra note 1, at 68-69;
    • Vandenbergh1    Ackerly2
  • 285
    • 84869699489 scopus 로고    scopus 로고
    • 2 eq, amounting to less than $30/house/year and must be combined with other funding sources
    • 2 eq, amounting to less than $30/house/year) and must be combined with other funding sources.
    • Ackerly1    Vandenbergh2
  • 286
    • 69649103474 scopus 로고    scopus 로고
    • See, supra note 1, at, & n. 59
    • See Vandenbergh & Ackerly, supra note 1, at 14 & n. 59.
    • Vandenbergh1    Ackerly2
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    • Deutsche Bank Research, Microfinance: An Emerging Investment Opportunity 7, 18, available at
    • Deutsche Bank Research, Microfinance: An Emerging Investment Opportunity 7, 18 (2007), available at http://www.dbresearch.de/PROD/CIB-INTERNET-EN-PROD/ PROD0000000000219174.PDF
    • (2007)
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    • tbl. 4 World Bank, Policy Research Working Paper No, available at
    • Robert Cull et al., Microfinance Meets the Market 34 tbl. 4 (World Bank, Policy Research Working Paper No. 4630, 2008), available at http://ssm.com/ abstract=1149133.
    • (2008) Microfinance Meets the Market , Issue.4630 , pp. 34
    • Cull, R.1
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    • See discussion supra note 177
    • See discussion supra note 177.
  • 290
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    • See supra note 134 and accompanying text noting that increasing income in poor populations in India and China leads to increasing appliance and electricity usage
    • See supra note 134 and accompanying text (noting that increasing income in poor populations in India and China leads to increasing appliance and electricity usage);
  • 291
    • 28044435787 scopus 로고    scopus 로고
    • see also, 19 World Bank Econ. Rev, noting that "income or consumption poverty can be reduced through interventions such as microfinance that help the poor become self-employed and generate income"
    • see also Shahidur R. Khandker, Microfinance and Poverty: Evidence Using Panel Data from Bangladesh, 19 World Bank Econ. Rev. 263, 266 (2005) (noting that "[i]ncome or consumption poverty can be reduced through interventions such as microfinance that help the poor become self-employed and generate income").
    • (2005) Microfinance and Poverty: Evidence Using Panel Data from Bangladesh , vol.263 , pp. 266
    • Khandker, S.R.1
  • 292
    • 69649107420 scopus 로고    scopus 로고
    • See, supra note 174, at
    • See Kollmuss et al., supra note 174, at 22.
    • Kollmuss1
  • 293
    • 84869708743 scopus 로고    scopus 로고
    • ICS distribution has been helped by both carbon finance and microfinance. See, e.g., Uganda Efficient Stoves, last visited Apr. 19, on file with the Harvard Environmental Law Review noting role of voluntary carbon finance and microfinance in ICS distribution. A Gold Standard Methodology has been established for carbon credits based on ICS
    • ICS distribution has been helped by both carbon finance and microfinance. See, e.g., Climatecare, Uganda Efficient Stoves, http://www. jpmorganclimatecare.com/projects/countries/Uganda-efficient-stoves/(last visited Apr. 19, 2009) (on file with the Harvard Environmental Law Review) (noting role of voluntary carbon finance and microfinance in ICS distribution). A Gold Standard Methodology has been established for carbon credits based on ICS.
    • (2009) Climatecare
  • 294
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    • See Gold Standard Foundation, Methodology for Improved Cook-Stoves and Kitchen Regimes V. 01, last visited Apr. 19, on file with the Harvard Environmental Law Review
    • See Gold Standard Foundation, Methodology for Improved Cook-Stoves and Kitchen Regimes V. 01, http://www.cdmgoldstandard.org/uploads/file/V01%2010-05- 08%20GS%20 Cook-stove%20Methodology.pdf (last visited Apr. 19, 2009) (on file with the Harvard Environmental Law Review).
    • (2009)
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    • See supra note 127 at
    • See Ramanathan & Carmichael, supra note 127, at 221-22;
    • Ramanathan1    Carmichael2
  • 296
    • 84869727797 scopus 로고    scopus 로고
    • see also, supra note 127, at, A12 noting that according to Stanford professor Mark S. Jacobson, it is "bizarre" that black carbon is not a part of proposed policy architectures
    • see also Rosenthal, supra note 127, at A1, A12 (noting that according to Stanford professor Mark S. Jacobson, it is "bizarre" that black carbon is not a part of proposed policy architectures);
    • Rosenthal1
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    • 84869699487 scopus 로고    scopus 로고
    • ClimateCare
    • available at, noting project that "involves the dissemination of efficient wood cook stoves to institutions and families in and around Kampala, Uganda"
    • JP Morgan, ClimateCare, Uganda Efficient Wood Cook Stoves (n. d.), available at http://www.jpmorganclimatecare.com/media/documents/pdf/PIN-Uganda- 0015B-Wood%20Stoves.pdf (noting project that "involves the dissemination of efficient wood cook stoves to institutions and families in and around Kampala, Uganda").
    • Uganda Efficient Wood Cook Stoves (N. D.)
    • Morgan, J.P.1
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    • See, Presentation to the 136th Annual Meeting and Expo of the American Public Health Association: Climate Change, Cook Stoves, and Coughs & Colds: Evidence from Rural Nepal on Thinking Global, and Acting Local Oct. 29, available at, reporting that implementing ICS technology led to reductions in PM concentration 10 to 70%, acute respiratory illnesses 10 to 30%, medical costs 10 to 50%, cooking and collection time 20%, fuelwood consumption 25%, and GHG emissions 25%
    • See Min Bikram Malla et al., Presentation to the 136th Annual Meeting and Expo of the American Public Health Association: Climate Change, Cook Stoves, and Coughs & Colds: Evidence from Rural Nepal on Thinking Global, and Acting Local (Oct. 29, 2008), available at http://apha.confex.com/apha/136am/ techprogram/paper-185626.htm (reporting that implementing ICS technology led to reductions in PM concentration (10 to 70%), acute respiratory illnesses (10 to 30%), medical costs (10 to 50%), cooking and collection time (20%), fuelwood consumption (25%), and GHG emissions (25%));
    • (2008)
    • Malla, M.B.1
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    • Initial Activity in this Area has Already Begun See, supra note 187
    • Initial activity in this area has already begun. See ClimateCare, supra note 187.
    • ClimateCare
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    • IPCC AR4 WG I, supra note 7, at, tbl. 2.14
    • IPCC AR4 WG I, supra note 7, at 212 tbl. 2.14.
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    • See, Note from India: Greening Microfinance to Turn Waste Into Wealth, last visited Apr. 19, on file with the Harvard Environmental Law Review
    • See Elizabeth Israel et al., Note from India: Greening Microfinance to Turn Waste Into Wealth, http://www.microlinks.org/ev-en. php?ID=28405- 201&ID2=DO-TOPIC (last visited Apr. 19, 2009) (on file with the Harvard Environmental Law Review);
    • (2009)
    • Israel, E.1
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    • Indicative Programme, Baseline, and Monitoring Methodology for Small Scale Biodigester: Voluntary Gold Standard, available at
    • The Gold Standard Found., Indicative Programme, Baseline, and Monitoring Methodology for Small Scale Biodigester: Voluntary Gold Standard (2007), available at http://www.cdmgoldstandard.org/uploads/file/ GS%20biodigester%20methodology%20301007%20Final.pdf
    • (2007) The Gold Standard Found.
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    • For a discussion of the relationship between private and public environmental governance, see, 75 N. Y. U. L. Rev. 543
    • For a discussion of the relationship between private and public environmental governance, see Jody Freeman, The Private Role in Public Governance, 75 N. Y. U. L. Rev. 543, 551-56 (2000);
    • (2000) The Private Role in Public Governance , pp. 551-556
    • Freeman, J.1
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    • 105 Colum. L. Rev. 2029, A recent example of a movement of a climate governance regime from the private to the public arena is the regulatory adoption by states of reporting protocols established by the California Climate Action Registry, a private non-profit organization
    • Michael P. Vandenbergh, The Private Life of Public Law, 105 Colum. L. Rev. 2029, 2037-41 (2005). A recent example of a movement of a climate governance regime from the private to the public arena is the regulatory adoption by states of reporting protocols established by the California Climate Action Registry, a private non-profit organization.
    • (2005) The Private Life of Public Law , pp. 2037-2041
    • Vandenbergh, M.P.1
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    • See Carbon Positive, CCAR Forest Protocol, last visited Apr. 26, on file with the Harvard Environmental Law Review
    • See Carbon Positive, CCAR Forest Protocol, http://www.carbonpositive.net/ viewarticle.aspx?articleID=1367 (last visited Apr. 26, 2009) (on file with the Harvard Environmental Law Review).
    • (2009)
  • 309
    • 84869706831 scopus 로고    scopus 로고
    • Not surprisingly, a recent comparison of economic agreement structures concludes that distributional justice issues, as measured by income distribution across regions, improves when REDD is added to cap-and-trade, as does efficiency, supra note 4, at, noting that "the inclusion of avoided deforestation among the mitigation options leads to an improvement in the distribution of income across regions". Our proposal incorporates REDD concepts, but it goes beyond REDD to include households and small businesses even when their carbon impact is not associated with deforestation or land use
    • Not surprisingly, a recent comparison of economic agreement structures concludes that distributional justice issues, as measured by income distribution across regions, improves when REDD is added to cap-and-trade, as does efficiency. Bosetti et al., supra note 4, at 15 (noting that "the inclusion of avoided deforestation among the mitigation options leads to an improvement in the distribution of income across regions"). Our proposal incorporates REDD concepts, but it goes beyond REDD to include households and small businesses even when their carbon impact is not associated with deforestation or land use.
    • Bosetti1
  • 310
    • 84869727796 scopus 로고    scopus 로고
    • To change the amount of well-being produced by any GHG-emitting behavior, we need other transformations: economic, financial, infrastructural, and political. See World Bank, supra note 147, for emphasis on "political economy considerations and the role of institutions and governance since these issues are more often than not the binding constraints to progress."
    • To change the amount of well-being produced by any GHG-emitting behavior, we need other transformations: economic, financial, infrastructural, and political. See World Bank, supra note 147, for emphasis on "political economy considerations and the role of institutions and governance since these issues are more often than not the binding constraints to progress."
  • 311
    • 69649090732 scopus 로고    scopus 로고
    • See, e.g., supra note 149 reviewing the range of transformational impacts of programs for reducing emissions from deforestation and degradation
    • See, e.g., Peskett et al., supra note 149 (reviewing the range of transformational impacts of programs for reducing emissions from deforestation and degradation);
    • Peskett1
  • 314
    • 84869708732 scopus 로고    scopus 로고
    • see also, last visited Apr. 19, on file with the Harvard Environmental Law Review. These initiatives can also be targeted at people who are in or near poverty in the developed world as well. Vandenbergh & Ackerly, supra note 1, at
    • see also Solar Cookers International, Where Solar Cook?, http://solarcookers.org/basics/where.html (last visited Apr. 19, 2009) (on file with the Harvard Environmental Law Review). These initiatives can also be targeted at people who are in or near poverty in the developed world as well. Vandenbergh & Ackerly, supra note 1, at 61-62.
    • (2009) Solar Cookers International, Where Solar Cook? , pp. 61-62
  • 315
    • 84869721722 scopus 로고    scopus 로고
    • last visited Mar. 20, on file with the Harvard Environmental Law Review
    • Solar Cookers International, Why Solar Cook?, http://solarcookers.org/ basics/why.html (last visited Mar. 20, 2009) (on file with the Harvard Environmental Law Review).
    • (2009) Solar Cookers International, Why Solar Cook?
  • 316
    • 69649100608 scopus 로고    scopus 로고
    • See discussion supra notes, and accompanying text discussing projected emissions growth in developing countries
    • See discussion supra notes 120-29 and accompanying text (discussing projected emissions growth in developing countries).
  • 317
    • 69649095540 scopus 로고    scopus 로고
    • See Solar Cookers International, supra note 199 listing twenty nations with highest solar cooking potential, including India, China, and Brazil
    • See Solar Cookers International, supra note 199 (listing twenty nations with highest solar cooking potential, including India, China, and Brazil).
  • 318
    • 69649100342 scopus 로고    scopus 로고
    • Id
    • Id.
  • 319
    • 69649087698 scopus 로고    scopus 로고
    • See Supra note 199, at
    • See Johnson et al., supra note 199, at 2456;
    • Johnson1
  • 320
    • 69649097424 scopus 로고    scopus 로고
    • see also Supra note 188
    • see also JP Morgan, supra note 188.
    • Morgan, J.P.1
  • 321
    • 84869706830 scopus 로고    scopus 로고
    • In 2002 3.5 million people died as a result of water-related diseases, making waterborne diseases a leading health concern, World Health Org., Safer Water, Better Health: Costs, Benefits and Sustainability of Interventions to Protect and Promote Health, available at
    • In 2002 3.5 million people died as a result of water-related diseases, making waterborne diseases a leading health concern. A. Prüss- Üstün et al., World Health Org., Safer Water, Better Health: Costs, Benefits and Sustainability of Interventions to Protect and Promote Health 12 (2008), available at http://www.who.int/water-sanitation-health/publications/ safer-water/en/;
    • (2008) , vol.12
    • Prüss-Üstün, A.1
  • 323
    • 84869706826 scopus 로고    scopus 로고
    • Ctr. for Sci. & Env't, CSE Draft Dossier on Health and Environment: Vulnerable Groups 15-20 draft for conference, Mar, available at
    • Ctr. for Sci. & Env't, CSE Draft Dossier on Health and Environment: Vulnerable Groups 15-20 (draft for conference, Mar. 24-25, 2006), available at http://www.cseindia.org/programme/health/pdf/conf2006/b 1 women.pdf
    • (2006) , pp. 24-25
  • 324
    • 84869699479 scopus 로고    scopus 로고
    • See, Energy, Health, and Gender - Thinking Differently About What We Do, Keynote Speech at the Regional Workshop on Household Energy, Indoor Health Pollution and Health, New Delhi, India May 9, available at, discussing a range of health and environmental hazards of development including head-loading
    • See Mieko Nishimizu, Energy, Health, and Gender - Thinking Differently About What We Do, Keynote Speech at the Regional Workshop on Household Energy, Indoor Health Pollution and Health, New Delhi, India (May 9, 2002), available at http://www.cleanairnet.org/caiasia/1412/articles-35922-recurso-1.pdf (discussing a range of health and environmental hazards of development including head-loading);
    • (2002)
    • Nishimizu, N.1
  • 326
    • 84869696342 scopus 로고    scopus 로고
    • Green Belt Movement, Green Belt Movement/World Bank Biocarbon Project
    • See, e.g., available at, providing description of the project
    • See, e.g., Green Belt Movement, Green Belt Movement/World Bank Biocarbon Project. Description of Green Belt Movement's Carbon Credit Project (2006), available at http://www.greenbeltmovement.org/a.php?id=197 (providing description of the project).
    • (2006) Description of Green Belt Movement's Carbon Credit Project
  • 327
    • 84869699480 scopus 로고    scopus 로고
    • For descriptions of similar projects, see The Equilibrium Fund, Reforestation, Food Forests and Carbon Offsets, available at
    • For descriptions of similar projects, see The Equilibrium Fund, Reforestation, Food Forests and Carbon Offsets (2007), available at http://www.theequilibriumfund.org/page.cfm?pageid=5494;
    • (2007)
  • 328
    • 84869699481 scopus 로고
    • The Chipko Movement and Women Sept. ed, available at
    • Joshi Gopa, The Chipko Movement and Women (Sept. ed. 1982), available at http://www.pucl.org/from-archives/Gender/chipko.htm.
    • (1982)
    • Gopa, J.1
  • 329
    • 69649085806 scopus 로고    scopus 로고
    • For other programs and models, see Reforestation, Afforestation, Deforestation, Climate Change and Gender
    • For other programs and models, see Lorena Aguilar et al., Reforestation, Afforestation, Deforestation, Climate Change and Gender (2007);
    • (2007)
    • Lorena, A.1
  • 330
    • 69649096796 scopus 로고    scopus 로고
    • Boyd, supra note 125, at
    • Boyd, supra note 125, at 4-9.
  • 331
    • 84869706827 scopus 로고    scopus 로고
    • See Press Release, World Bank, World Bank & Greenbelt Movement Project to Reforest Regions of Kenya Nov. 15, available at
    • See Press Release, World Bank, World Bank & Greenbelt Movement Project to Reforest Regions of Kenya (Nov. 15, 2006), available at http://www.worldbank.org/WBSITE/EXTERNAL/NEWS/0.contentMDK:21133046~pagePK: 34370-piPK:34424-theSitePK:4607.00.html;
    • (2006)
  • 332
    • 84869706825 scopus 로고    scopus 로고
    • Kenya Green Belt Movement Reforestation Project BIOCF Project, available at
    • Frederick Najau & Irene Muthuka, Kenya Green Belt Movement Reforestation Project BIOCF Project (2008), available at http://www.whrc.org/ Africa/assets/NjauandMuthuka-GBM%20Reforestation%20CDM%20Project.pdf
    • (2008)
    • Najau, F.1    Muthuka, I.2
  • 333
    • 84869724764 scopus 로고    scopus 로고
    • in Fatal Harvest: The Tragedy of Industrial Agriculture 239 Andrew Kimbrell ed., "The production of nitrogenous fertilizers consumes more energy than any other aspect of the agricultural process.". In addition, as Tilman et al. anticipate, Should past dependences of the global environmental impacts of agriculture on human population and consumption continue, 109
    • Jason McKenney, Artificial Fertility: The Environmental Costs of Industrial Fertilizers, in Fatal Harvest: The Tragedy of Industrial Agriculture 239 (Andrew Kimbrell ed., 2002) ("The production of nitrogenous fertilizers consumes more energy than any other aspect of the agricultural process."). In addition, as Tilman et al. anticipate, Should past dependences of the global environmental impacts of agriculture on human population and consumption continue, 109 hectares of natural ecosystems would be converted to agriculture by 2050. This would be accompanied by 2.4- to 2.7-fold increases in nitrogen- and phosphorus-driven eutrophication of terrestrial, freshwater, and near-shore marine ecosystems, and comparable increases in pesticide use. This eutrophication and habitat destruction would cause unprecedented ecosystem simplification, loss of ecosystem services, and species extinctions.
    • (2002) Artificial Fertility: The Environmental Costs of Industrial Fertilizers
    • McKenney, J.1
  • 335
    • 84869699476 scopus 로고    scopus 로고
    • For examples of organic and integrated agriculture, see descriptions of projects in Vietnam, Heifer International, last visited Apr. 26, on file with the Harvard Environmental Law Review
    • For examples of organic and integrated agriculture, see descriptions of projects in Vietnam, Heifer International, http://www.heifer.org/site/c. edJRKQNiFiG/b.201470/(last visited Apr. 26, 2009) (on file with the Harvard Environmental Law Review);
    • (2009)
  • 336
    • 84869699691 scopus 로고    scopus 로고
    • in India, Navdanya, last visited Apr. 26, on file with the Harvard Environmental Law Review
    • in India, Navdanya, http://www.navdanya.org/(last visited Apr. 26, 2009) (on file with the Harvard Environmental Law Review).
    • (2009)
  • 337
    • 69649091242 scopus 로고    scopus 로고
    • Nadia El-Hage Scialabba, Conference on Organic Agriculture and Food Security, Oslo, Norway, June 6-8
    • Nadia El-Hage Scialabba, Conference on Organic Agriculture and Food Security, Oslo, Norway, Can Africa Feed Itself? Organic Agriculture and Food Security in Africa 5 (June 6-8, 2007).
    • (2007) Can Africa Feed Itself? Organic Agriculture and Food Security in Africa , pp. 5
  • 338
    • 84869727791 scopus 로고    scopus 로고
    • See id. concluding that "recent models of a hypothetical global food supply grown organically indicates that organic agriculture could produce enough food on a global per capita basis for the current world population: 2640 and 4380 kcal/person/day, depending on the model used" citations omitted, emphasis in original
    • See id. (concluding that "[r]ecent models of a hypothetical global food supply grown organically indicates that organic agriculture could produce enough food on a global per capita basis for the current world population: 2640 and 4380 kcal/person/day, depending on the model used" (citations omitted) (emphasis in original)).
  • 339
    • 69649091893 scopus 로고    scopus 로고
    • For example, benefits may arise from increased consumption of fruits and vegetables and reduced exposure of farmers to pesticides
    • For example, benefits may arise from increased consumption of fruits and vegetables and reduced exposure of farmers to pesticides.


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.