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From the reviews:
"This book shows how much humankind can ‘prevent dangerous interference with the climate system’ without dangerous interference with the global economic system. … this book is centered on the economic side of the prevention of global warming. … It is certainly a rich source of information on the economic part of the Kyoto protocol … . Recommended for critics of the Kyoto system and admirers of the global climate certificate system." (Ch. Kessler, Meteorologische Zeitschrift, Vol. 15 (6), 2006)
"This book provides an interesting alternative approach to global climate change policy, and its reliance on market-based incentives is its strong suit. … Those with a sincere interest in policy proposals based on per capita allocations and emissions trading would find this manuscript of more interest." (Joseph E. Aldy, Bulletin of the American Meteorological Society, September, 2006)
This balanced analysis presents news from the climate-protection front. On the down-side, neither the current 'Kyoto-Protocol' Climate Protection System with (legally binding) commitments by major countries to reduce or limit their greenhouse gas emissions nor various proposals for improving the commitment system are capable of meeting the ultimate objective 'to prevent dangerous anthropogenic interference with the climate system'. On the up-side, by implementing the GCCS, it appears that the ultimate climate protection objective quoted can be achieved, that developing and newly industrialized countries can be integrated into the protection system by installing a 'fair system' based on the democratic principle of 'one man - one climate emission right', and that no industrialized nation nor its consumers of fossil fuels will be overburdened.Just like all proposed climate-protection schemes, extremely high hurdles will have to be overcome when implementing the GCCS. However, thanks to its important merits and its structural elements, there exists still a small chance that mankind will manage to prevent dangerous climate change.