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International Journal of World Policy and Development Studies

Online ISSN: 2415-2331
Print ISSN: 2415-5241

Quarterly Published (4 Issues Per Year)





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Volume 2 Number 8 August 2016

Energy and Global Warming: Catch-Up Countries against Mature Economies


Authors: Jan-Erik Lane
Pages: 55-68
Abstract
At the big reunions of the UNCC, two groups stand against each other. On the one hand, there is the catch-up set of countries that have recently taken off economically and that will not accept a trade-off between economic development and environmental need of cutting emissions. On the other hand, there is the set of mature economies that grow sluggishly and have started to cut back on fossil fuels, especially coal. The first set of nations want the second set to pay for their gigantic energy transformation in a few decades – decarbonisation. The first set claimed that had not created the big problem originally, and that fairness requires that the rich help the poor. At the COP21 summit, a deal was struck, worth 100 billion dollars per year to fund a Stern (2007) like Super Fund. But will it really be put in place and made operational?