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Lessons of the Montreal Protocol for Climate Policy

by Stephen DeCanio • March 21, 2011 @ 7:15 am

It is both remarkable and disheartening that the example of the Montreal Protocol on Substances that Deplete the Ozone Layer has not played a more prominent role in the climate policy debate. The Montreal Protocol has been extremely successful in eliminating almost all production and consumption of ozone-depleting substances (ODSs); it has achieved universal participation by the nations of the world; and it has demonstrated the possibility of cooperation in funding and technology transfer between the rich and poor nations to achieve a global environmental objective. The Montreal Protocol was negotiated and implemented as a precautionary measure, before depletion of the ozone layer had reached crisis proportions. What lessons does Montreal offer for climate policy?  (more…)

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