Greenhouse Effect International Cooperation: Rethink Kyoto Protocol

What Makes Greenhouse Sense ? Time to Rethink the Kyoto Protocol

Optimal Greenhouse Gas Policies for Canada's Kyoto Obligations and Beyond

In this issue... As the fortunes of the Kyoto Protocol ebb and flow, Canada should focus on a fundamental and enduring objective, which is to implement well-designed policies that lead to a cleaner energy system by fostering long-run technological change without wreaking short-run economic havoc.

The Greenhouse Gas Protocol

The Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard provides a step-bystep guide for companies and government agencies to use in quantifying and reporting their GHG emissions. This set of standards was developed by the Greenhouse Gas Protocol Initiative, a partnership convened by the World Resources Institute (WRI) and the World Business Council for Sustainable Develop...

Title International Negotiations on Climate Change : A Non - cooperative Game Analysis of the Kyoto Protocol

We investigate international negotiations on CO2 emissions reduction in the Kyoto Protocol by non-cooperative multilateral bargaining theory. The negotiation model has two phases, (i) allocating emission reductions to countries and (ii) international emissions trading. Anticipating the competitive equilibrium of emissions trading, each country evaluates an agreement of reduction commitments. We...

Market Power in International Emissions Trading: The Impacts of U.S.Withdrawal from the Kyoto Protocol

This paper investigates the implications of U.S. withdrawal on environmental effectiveness, economic efficiency, and the distribution of compliance costs taking into account market power of the Former Soviet Union (FSU) on emission permit markets. While exercise of market power on behalf of FSU under U.S. compliance has no environmental impact as compared to competitive permit trade, it prevent...