From the Paris Agreement to a Low-Carbon Bretton Woods

Stua, Michele

doi:10.1007/978-3-319-54699-5

Cited by 9 publications

(11 citation statements)

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“…The results presented suggest that in addition to complying with environmental regulations, industries can benefit significantly from GHG emission reduction if a sustainable biological process is selected for VOC control. The European Union (EU) in a recent climate conference held in Paris agrees to reduce GHG emissions at least 40% by 2030 (Stua, 2017). Through in-depth evaluation of worldwide market share of technologies (i.e.…”

Section: Resultsmentioning

confidence: 99%

Selection of sustainable technologies for reducing emission of volatile organic compounds and greenhouse gases

Shareefdeen

2019

Journal of Ocean and Climate: Science, Technology and Impacts

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Selection of sustainable and environmental friendly technologies is very important in meeting strict environmental regulations on industrial emissions of volatile organic compounds and greenhouse gases. Many of the industrial volatile organic compounds are toxic and carcinogenic, and they are regulated under Clean Air Act for hazardous air pollutants. Similarly, global environmental agreements such as European Union's 2015 Paris Agreement and Kyoto Protocol restrict carbon emission, which is responsible for global warming, sea-level rise, flooding, and ecological imbalance. It is essential that industries choose suitable technologies that reduce not only toxic volatile organic compounds in the air but also greenhouse gas emissions. In this communication, biotechnological methods are discussed and compared with conventional processes, which are used for control of volatile organic compounds. The readers may find this article useful in the selection of an appropriate technology for their application while minimizing the greenhouse gas emissions.

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Section: Resultsmentioning

confidence: 99%

Selection of sustainable technologies for reducing emission of volatile organic compounds and greenhouse gases

Shareefdeen

2019

Journal of Ocean and Climate: Science, Technology and Impacts

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“…The Paris Agreement provides the legal framework for the establishment of international carbon market governance arrangements through a global carbon market in its Article 6 (Marcu 2016;Stua 2017a;Michaelowa et al 2019;Mueller and Michaelowa 2019;Zhang et al 2020). This section elaborates on Stua's (2017b) climate club interpretation of Article 6.…”

Section: Political Governance Innovationmentioning

confidence: 99%

“…Based on Stua's (2017a) interpretation of Article 6 of the Paris Agreement, this framework in principle facilitates the assetization of all forms of mitigation (reduction, capture/sink and avoidance) of anthropogenic greenhouse gases (GHG) as certified carbon credits within the boundaries of a climate club. By turning all GHG mitigations into identical, certified and fungible carbon credit units, this framework allows conventional carbon pricing approaches, including taxation and cap-and-trade systems, to be simplified and unified under a single, joint certification mechanism.…”

Section: Introductionmentioning

confidence: 99%

Rationale for a Climate Club Embedded in Article 6 of the Paris Agreement – A Pathway to Carbon Neutrality

Stua¹,

Nolden²,

Coulon³

2021

Preprint

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Recent times have witnessed an increasing number of countries and private firms pledging carbon neutrality by mid-century. Whilst representing a significant improvement in intentions to tackle climate change, such pledges lack substance and structure. For instance, individual pledges lack coordination and aggregation among peers, while strategies and measures to achieve ambitious targets are largely absent. Moreover, current disagreements obstructing progress in international climate change negotiations further undermine the reliability of carbon neutrality objectives. Effective international policies are needed to foster aggregate mitigation ambitions and the creation of adequate supporting mechanisms. This theoretical paper describes a governance innovation aimed at overcoming such shortfalls and disagreements through a unifying yet customizable pathway towards carbon neutrality. It does so by first outlining a political governance framework based on a climate club interpretation of Article 6 of the Paris Agreement. Secondly, it proposes carbon emission mitigation effort sharing on a per capita basis to ensure efficiency, equity and political feasibility. Thirdly, this paper describes how the supply of certified mitigations of carbon emissions required to satisfy effort sharing-based demand can be assetized as carbon credits by operationalizing Article 6 as a joint certification mechanism. The resulting governance architecture for managing demand and supply of mitigations shifts efforts to tackle climate change from a ‘problem-driven’ cost approach to ‘opportunity-driven’ value creation pathways towards carbon neutrality.

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“…Before a party signs an agreement, all the terms and conditions are stipulated and made clear according to the international law. 23 International law spells out all the procedures that are supposed to be undertaken before signing an agreement 24 . All the parties concerned are supposed to be engaged fully in all the proceedings and design of the agreement 25 .…”

Section: Role Of International Lawmentioning

confidence: 99%

“…29 Any party feeling that they are not satisfied with the obligations and they cannot be able to meet them are free to review them, reanalyze them with the advice of experts who are well acquainted with the concerned issue. 30,31 Any party that is not satisfied can opt not to sign the agreement, and this is also provided in international law. That is why for instance not all countries have signed the Paris Agreement, for example, Syria and Nicaragua 32 .…”

Section: Role Of International Lawmentioning

confidence: 99%

How International Law Can Deal with Lack of Sanctions and Binding Targets in the Paris Agreement

Okonkwo¹

2017

JSD

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The Paris agreement aims at strengthening how the global community has responded to the change in climate by forming international government bodies that would be committed to reducing emissions to the environment. The lack of sanctions and binding targets in the Paris agreement has made its implementation difficult because countries live in an anarchical scenario where there is no overarching body. The agreement was drafted in November 2015 and signed on 22nd April 2016 by 196 countries but since then the success of the agreement has been in question. Generally, the treaty aims at controlling climate change and this is one of the areas that has been so difficult to control. Climate change is a tricky area to tackle because the developed countries are high pollutants because of the industries. The developed countries are mostly the ones who drive the agenda of the Paris treaty because they have the force and resources to do so. They influence policies and the decisions made. Therefore, the lack of sanctions and binding targets makes the treaty difficult to implement because there are no punishments as such. International treaties are difficult to implement especially when there are no sanctions or binding targets. As an example of international treaty governed by international law, it means that the treaty has loopholes that can be targeted by member states not to comply when the provision does not favour them. This paper critically analyzes how international law can deal with the lack of sanctions and binding targets in the Paris agreement as it operates in the international arena.

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From the Paris Agreement to a Low-Carbon Bretton Woods

Cited by 9 publications

References 0 publications

Selection of sustainable technologies for reducing emission of volatile organic compounds and greenhouse gases

Selection of sustainable technologies for reducing emission of volatile organic compounds and greenhouse gases

Rationale for a Climate Club Embedded in Article 6 of the Paris Agreement – A Pathway to Carbon Neutrality

How International Law Can Deal with Lack of Sanctions and Binding Targets in the Paris Agreement

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