Next Article in Journal
Evaluation of Wet Digestion Methods for Quantification of Metal Content in Electronic Scrap Material
Next Article in Special Issue
Proposal of a Sustainable Circular Index for Manufacturing Companies
Previous Article in Journal
Analyzing Platinum and Palladium Consumption and Demand Forecast in Japan
Previous Article in Special Issue
A Tool for the Sustainability Assessment of Farms: Selection, Adaptation and Use of Indicators for an Italian Case Study
Article Menu

Export Article

Open AccessArticle
Resources 2017, 6(4), 62; doi:10.3390/resources6040062

A New Composite Index for Greenhouse Gases: Climate Science Meets Social Science

Centre for Efficiency and Productivity Analysis (CEPA), School of Economics, University of Queensland, Brisbane 4072, QLD, Australia
*
Author to whom correspondence should be addressed.
Received: 10 August 2017 / Revised: 13 October 2017 / Accepted: 20 October 2017 / Published: 25 October 2017
(This article belongs to the Special Issue Sustainability Indicators for Environment Management)
View Full-Text   |   Download PDF [729 KB, uploaded 25 October 2017]   |  

Abstract

Global greenhouse gas emissions have increased at a rate of nearly 2% per year since 1970, and the rate of increase has been increasing. The contribution of greenhouse gases to global warming constitutes an environmental management challenge requiring interdisciplinary effort and international cooperation. In an effort to meet this challenge, the Kyoto Protocol imposes limits on aggregate CO2-equivalent emissions of four greenhouse gases, although it permits countries to trade off one gas for another at specified rates. This requires a definition of trade-off rates, which the Protocol specifies as Global Warming Potentials, although these have been controversial since their introduction. The primary source of concern has been the constancy of the trade-off rates, both across countries and through time. We propose a new composite index that allows freely variable trade-off rates, thereby facilitating the design of efficient abatement policy. In a pair of exercises we compare our composite index with that used by the Protocol. In both exercises we reject the constancy of trade-off rates, although despite the significantly different weighting schemes we find a degree of concordance between the two greenhouse gas indices. View Full-Text
Keywords: global warming; greenhouse gases; aggregation; composite index; DEA (data envelopment analysis) global warming; greenhouse gases; aggregation; composite index; DEA (data envelopment analysis)
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Edmonds, H.K.; Lovell, J.E.; Lovell, C.A.K. A New Composite Index for Greenhouse Gases: Climate Science Meets Social Science. Resources 2017, 6, 62.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Resources EISSN 2079-9276 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top