Implications of the Kyoto Protocol on Climate Change: Hearing Before the Committee on Foreign Relations, United States Senate, One Hundred Fifth Congress, Second Session, February 11, 1998, Volume 4U.S. Government Printing Office, 1998 - 92 pages |
From inside the book
Results 1-5 of 23
Page 5
... EIZENSTAT , UNDER SEC- RETARY OF STATE FOR ECONOMIC , BUSINESS , AND AGRI- CULTURAL AFFAIRS Ambassador EIZENSTAT . Thank you , Mr. Chairman . It is a pleas- ure to be here with you and with Senator Robb and Senator Grams . I appreciate ...
... EIZENSTAT , UNDER SEC- RETARY OF STATE FOR ECONOMIC , BUSINESS , AND AGRI- CULTURAL AFFAIRS Ambassador EIZENSTAT . Thank you , Mr. Chairman . It is a pleas- ure to be here with you and with Senator Robb and Senator Grams . I appreciate ...
Page 11
... Ambassador Eizenstat appears in the Appendix . ] Senator HAGEL . Mr. Secretary , thank you . Let me ask the distinguished ranking member of the Foreign Re- lations Committee , Senator Biden , for any opening comments . Then , after ...
... Ambassador Eizenstat appears in the Appendix . ] Senator HAGEL . Mr. Secretary , thank you . Let me ask the distinguished ranking member of the Foreign Re- lations Committee , Senator Biden , for any opening comments . Then , after ...
Page 12
... Ambassador EIZENSTAT . No one knows better than I do — and , of course , you were there as well - the difficulty we had with some of the developing countries , including China and India . It was not uniform , but certainly they were in ...
... Ambassador EIZENSTAT . No one knows better than I do — and , of course , you were there as well - the difficulty we had with some of the developing countries , including China and India . It was not uniform , but certainly they were in ...
Page 13
... Ambassador EIZENSTAT . That is a good and important question . Let me answer it in the following way . First of all , we will not be assuming legally binding obligations on ourselves until and unless we have that meaningful participa ...
... Ambassador EIZENSTAT . That is a good and important question . Let me answer it in the following way . First of all , we will not be assuming legally binding obligations on ourselves until and unless we have that meaningful participa ...
Page 16
... Ambassador EIZENSTAT . I appreciate that very much . If I may be permitted just a brief comment- Senator HAGEL . Certainly . Ambassador EIZENSTAT . I would like to relate again back to Sen- ator Hagel's statement as well as Senator ...
... Ambassador EIZENSTAT . I appreciate that very much . If I may be permitted just a brief comment- Senator HAGEL . Certainly . Ambassador EIZENSTAT . I would like to relate again back to Sen- ator Hagel's statement as well as Senator ...
Other editions - View all
Common terms and phrases
achieve Administration Administration's advice and consent agree agreement Ambassador EIZENSTAT amendment analysis Annex I countries Annex I Parties Answer Article baseline benefits budget Buenos Aires carbon dioxide carbon sinks Chairman Change Technology Initiative Clean Development Mechanism Climate Change Technology Committee compliance costs coun developing nations developing world domestic economic effort electricity emissions reductions emissions targets emissions trading energy efficiency environmental estimates European Union flexibility Framework Convention global warming going greenhouse gas emissions impact increase international emissions trading international trading IPCC issue Janet Yellen joint implementation key developing countries Kyoto Conference Kyoto Protocol levels meaningful participation meet ment million multilateral negotiations nuclear obligations partnership PNGV President President's October projects proposal Question ratification reduce greenhouse gas Secretary sector Senate Resolution 98 Senator GRAMS Senator HAGEL Senator Kerry sinks sions sulfur hexafluoride tax credit Thank tion treaty U.S. delegation U.S. Senate United
Popular passages
Page 42 - Programme, concluded in 1995 that "the balance of evidence suggests that there is a discernible human influence on global climate.
Page 64 - Senate that — (1) the United States should not be a signatory to any protocol to, or other agreement regarding, the United Nations Framework Convention on Climate Change of 1992, at negotiations in Kyoto in December 1997, or thereafter, which would — (A) mandate new commitments to limit or reduce greenhouse gas emissions for the Annex I Parties...
Page 54 - Parties, unless the protocol or other agreement also mandates new specific scheduled commitments to limit or reduce greenhouse gas emissions for Developing Country Parties within the same compliance period...
Page 83 - ... and hydrofluorocarbons. These limits apply to the 38 so-called Annex I countries, which are the industrialized countries, defined to include Russia, Ukraine, and most Eastern European countries. Under the Kyoto Protocol, each industrial country's baseline is its 1990 emissions of CO,, methane, and N2O and its choice of 1990 or 1995 levels of the other three categories of gases.
Page 85 - SO2 experience demonstrates clearly how programs like international permit trading, Joint Implementation, and the Clean Development Mechanism will lead firms to find cheaper ways of reducing emissions that can lead to unexpectedly low costs.
Page 85 - The third type of flexibility, and perhaps the most important, is "where flexibility" (international). As I have already emphasized, emissions have the same environmental consequences regardless of where in the world they occur. Therefore, the least-cost approach to controlling climate change is to reduce emissions wherever such reductions are cheapest. The Kyoto Protocol, because of US insistence and persistence, includes three important cost-saving...
Page 87 - To give away the punch line, our conclusion is as follows: the net costs of our policies to •educe emissions are likely to be small, assuming those reductions are undertaken in an efficient manner and we are successful in securing meaningful developing country participation as well as effective international trading, and the Clean Development Mechanism in future negotiations. That potential small net premium, even excluding the benefits of mitigating climate change, in...
Page 83 - US negotiating position. The targets for the European Union and Japan are 8 percent and 6 percent below 1990 levels, respectively. Australia, New Zealand, Norway, Russia, and Ukraine all have limits somewhat less ambitious when phrased as cuts relative to their 1990 levels. In sum, over the period from 2008 to 2012, the industrial countries are expected to reduce their average emissions of greenhouse gases to about 5 percent below their 1990 levels. The President has made clear that he will not submit...
Page 61 - ... aggregate anthropogenic carbon dioxide equivalent emissions of the greenhouse gases listed in annex A do not exceed their assigned amounts, calculated pursuant to their quantified emission limitation and reduction commitments inscribed in annex B...
Page 70 - ... the developed country Parties. 4. The developed country Parties and other developed Parties included in annex II shall also assist the developing country Parties that are particularly vulnerable to the adverse effects of climate change in meeting costs of adaptation to those adverse effects.