Tuesday, March 24, 2009

Economic and political debate

Increased publicity of the scientific findings surrounding global warming has resulted in political and economic debate. Poor regions, particularly Africa, appear at greatest risk from the projected effects of global warming, while their emissions have been small compared to the developed world. At the same time, developing country exemptions from provisions of the Kyoto Protocol have been criticized by the United States and Australia, and used as part of a rationale for continued non-ratification by the U.S. In the Western world, the idea of human influence on climate has gained wider public acceptance in Europe than in the United States.[121][122]

The issue of climate change has sparked debate weighing the benefits of limiting industrial emissions of greenhouse gases against the costs that such changes would entail. There has been discussion in several countries about the cost and benefits of adopting alternative energy sources in order to reduce carbon emissions. Business-centered organizations, conservative commentators, and companies such as the Competitive Enterprise Institute and ExxonMobil have downplayed IPCC climate change scenarios, funded scientists who disagree with the scientific consensus, and provided their own projections of the economic cost of stricter controls. Likewise, environmental organizations and a number of public figures have emphasized the potential risks of climate change and promote the implementation of GHG emissions reduction measures. Some fossil fuel companies have scaled back their efforts in recent years, or called for policies to reduce global warming.

Another point of contention is the degree to which emerging economies such as India and China should be expected to constrain their emissions. According to recent reports, China's gross national CO2 emissions may now exceed those of the U.S. China has contended that it has less of an obligation to reduce emissions since its per capita emissions are roughly one-fifth that of the United States. India, also exempt from Kyoto restrictions and another of the biggest sources of industrial emissions, has made similar assertions. The U.S. contends that if it must bear the cost of reducing emissions, then China should do the same.

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