The economic benefits of the Kyoto Protocol

Giulio A. De Leo (), Luca Rizzi, Andrea Caizzi and Marino Gatto
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Giulio A. De Leo: Università degli Studi di Parma, Parco Area delle Scienze
Luca Rizzi: Centro Elettrotecnico Sperimentale Italiano, Business Unit Ambiente
Andrea Caizzi: Centro Elettrotecnico Sperimentale Italiano, Business Unit Ambiente
Marino Gatto: Centro di Ingegneria Biomedica, Consiglio Nazionale delle Ricerche, Politecnico di Milano

Nature, 2001, vol. 413, issue 6855, 478-479

Abstract: Abstract The third Conference of the Parties in Kyoto set the target of reducing greenhouse-gas emissions by an average of 5.3% with respect to 1990 values by 2008–2012. One of the main objections to the protocol's ratification is that compliance would pose an unbearable economic burden on the countries involved1. But we show here that this is not the case if costs apart from the direct costs of energy production are also considered. Costs are also incurred in rectifying damage to human health, material goods, agriculture and the environment related to greenhouse-gas emissions.

Date: 2001
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DOI: 10.1038/35097156

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