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A just compensation for leaving it in the ground: Climate easements and oil development
Environmental Science & Policy ( IF 4.9 ) Pub Date : 2020-10-01 , DOI: 10.1016/j.envsci.2020.06.020
Brian F. Snyder , Leslie E. Ruyle

Abstract The Paris Climate agreement of 2015 implies that a large portion of the world’s coal, oil, and gas resources must be left non-combusted in order to meet the goal of limiting climate change to 2 °C. As a result of this commitment, some of the national and corporate owners of fossil fuel reserves will be required to leave their reserves in the ground. However, which reserves should be left in the ground, and when and how should reserve-owners be compensated? Using the oil reserves in Uganda’s Albertine Graben as a case study, we show that Ugandan oil development is likely to be cost-effective but unlikely to be consistent with the Paris Treaty commitments. We argue that Western nations should compensate Uganda for their foregone oil revenues and we propose a mechanism called “climate easements” for such compensation.

中文翻译:

将其留在地下的公正补偿:气候地役权和石油开发

摘要 2015 年的巴黎气候协议意味着,为了实现将气候变化限制在 2 °C 的目标,世界上很大一部分煤炭、石油和天然气资源必须保持非燃烧状态。由于这一承诺,一些化石燃料储备的国家和企业所有者将被要求将其储备留在地下。然而,哪些储备应该留在地下,储备所有者应该在什么时候以及如何得到补偿?我们以乌干达 Albertine Graben 的石油储量作为案例研究,表明乌干达石油开发可能具有成本效益,但不太可能与《巴黎条约》承诺保持一致。我们认为西方国家应该补偿乌干达失去的石油收入,我们提出了一种称为“气候地役权”的机制来补偿这种补偿。
更新日期:2020-10-01
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