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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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as compared to 1990 emissions, to be achieved between 2008 and 2012. April, 2008 : In an article entitled Dangerous Assumptions ( earlier post ), Roger Pielke, Jr., July, 2008 : The Australian government published the Garnaut Report, a comprehensive study of the effects of climate change on the country’s economy ( earlier post ).

Climate 236
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Island states like the Maldives and Grenada argue that a 2 °C target, which is considered by many scientists to be the safe upper limit for warming, will still result in a high enough sea-level rise to wipe them from existence. Other transaction costs include the search of partners, the drafting of contracts, legal assistance, etc.