Ernesto Zedillo (eds.): Global Warming: Looking Beyond Kyoto.
Author: Hussain, Zamir
Pub Date: 09/22/2009
Publication: Name: Pakistan Development Review Publisher: Pakistan Institute of Development Economics Audience: Academic Format: Magazine/Journal Subject: Business, international; Social sciences Copyright: COPYRIGHT 2009 Reproduced with permission of the Publications Division, Pakistan Institute of Development Economies, Islamabad, Pakistan. ISSN: 0030-9729
Issue: Date: Autumn, 2009 Source Volume: 48 Source Issue: 3
Accession Number: 249960132
Full Text: Ernesto Zedillo (eds.) Global Warming: Looking Beyond Kyoto. New Delhi: Pentagon Press. 2009. 237 pages. Hardbound. Indian Rs 795.00.

Modern technology is making life easier but at a cost. It is confronting humanity with serious challenges. Global warming is one such challenge. The book titled 'Global Warming: Looking Beyond Kyoto'is a compilation of papers on environmental issues that were presented at a conference hosted by the Yale Centre for the Study of Globalisation. The editor emphasises that the issue of global warming needs more serious attention, than it has received, and calls for efforts that should go beyond seminars and roundtables.

The discourse suggests that the market based instruments, meant to control environmental degradation, ought to be a part of the environmental package, whether these instruments are emissions trading, carbon taxes, or hybrids of the two. The policy for environmental control should be scientifically sound, economically rational and politically pragmatic. This book provides useful guidelines to develop and adopt a uniform environmental policy for the entire globe. The world opinion is divided on how to go about the environmental issues, the division being in blocks led by countries like the United States, Russia, United Kingdom, Canada, India and China etc. The different blocks and countries have their own interests and policies to deal with the environmental concerns. Therefore to solicit cooperation of the countries whose economies are based on industry and agriculture, the adoption of universally acceptable policies is called for. The editor cautions that building a regime of climate change may be disappointing and instructive, in the initial years. In the end, the book sounds a note of hope by telling the readers that, at times, even the most carefully crafted institutions, with enormous theoretical appeal, have got bogged down, but with patience and the spirit of compromise, the kinks are eventually smoothened out.
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