This paper examines economic aspects of the Kyoto protocol on climate change, focusing on the protocol’s longer-term impact and possible global evolution. Specifically, the analysis considers the economics of likely technological responses to the protocol and the implication of international...

This paper examines economic aspects of the Kyoto protocol on climate change, focusing on the protocol’s longer‐term impact and possible global evolution. Specifically, the analysis considers the economics of likely technological responses to the protocol and the implication of international...