The Kyoto protocol: just a lot of hot air.
نویسنده
چکیده
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...
متن کاملHot Air and Market Power in Internation Emissions Trading
In respect to carbon emission targets set in the Kyoto Protocol in 1997, emission quotas trading will be implemented among the Annex-B participating countries to lower the mitigation costs of the international cooperation on climate change issue. Nonetheless, in the way the market was designed, the States of the Former Soviet Union and Eastern Europe are likely to become large sellers of carbon...
متن کاملThe Kyoto Protocol: “Hot air” for Russia?
The Kyoto Protocol sets the carbon emission targets for 2008-2012 for the major emitting countries. Several former Soviet countries have emissions quotas that appear to be in excess of their anticipated emissions as a result of economic downturn. This excess is sometimes referred to as ”hot air”, and could, in principle, be traded with other countries. The “hot air” estimates range from 150 to ...
متن کاملCooling Down Hot Air A Global
The Kyoto Protocol marks a break-through in global warming mitigation policies as it sets legally binding emissions targets for major emitting regions. However, realisation of the Protocol depends on the clarification of several issues one of which is the permissible scope of international emissions trading between signatory countries. Unrestricted trade produces hot air when signatory countrie...
متن کاملTrading hot air : the influence of permit allocation rules , market power and the US withdrawal from the Kyoto Protocol
After the conferences in Bonn and Marrakech it is likely that international emission trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot air. Different scenarios do not only differ in their implications for the demand and supply of permits and thus the permit price, but also in thei...
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ورودعنوان ژورنال:
- Environmental Health Perspectives
دوره 108 شماره
صفحات -
تاریخ انتشار 2000