منابع مشابه
Emissions Trading in the Kyoto Protocol : potential benefits and pitfalls
This paper sets out from a brief overview of the fate of market-based instruments in environmental policy in the past and proceeds to discuss the potential benefits and pitfalls of international carbon emission trading (IET), the most promising of the Kyoto mechanisms (IET, JI and CDM). The problems of trading ’hot air’, the supplementarity requirement in Article 17 of the Kyoto Protocol and at...
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This paper presents an estimation of the cost of reducing CO2 emissions as agreed in Kyoto by Annex I countries. Unlike most of the existing literature, this paper focuses on European Union countries abatement costs and, using a simple model, estimates the role of each EU country within a EU market as well as an Annex 1 market. As a major result, marginal (and total) abatement costs for each EU...
متن کاملPermit Trading Under the Kyoto Protocol and Beyond
The Kyoto Protocol is seen by many as a step forward in reaching the UNFCCC goals of slowing emissions of greenhouse gases. In this paper we argue that the issue of regime sustainability in developing the Kyoto approach to climate change has received too little attention. We question the sustainability of the Kyoto Protocol and suggest an alternative approach that is more politically and econom...
متن کاملDistribution Matters – Taxes vs. Emissions Trading in Post Kyoto Climate Regimes
The policy instruments for emissions reductions will be an integral part of a PostKyoto Climate Regime. Using the CGE model DART, we compare a harmonized international carbon tax to a cap-and-trade system with different emission caps. The carbon tax tends to favor industrialized countries while e.g. emissions trading under the “contraction and convergence” approach with converging per capita em...
متن کاملAn “ Ideal ” Kyoto Protocol : Emissions Trading , Redistributive Transfers and Global Participation By Arthur
We demonstrate that an interregional policy scheme featuring trading of carbon dioxide emissions, redistributive resource transfers and global participation, a scheme which we call “Ideal Kyoto Protocol,” yields an efficient equilibrium allocation for a global economy. An altruistic international agency – say, the Global Environment Facility – should operate the resource transfer mechanism. In ...
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ژورنال
عنوان ژورنال: Nature Climate Change
سال: 2008
ISSN: 1758-678X,1758-6798
DOI: 10.1038/climate.2008.25