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An integrated assessment model is used to simulate the introduction of various emissions trading schemes based on the Kyoto protocol on the reduction of greenhouse emissions. The implications of the various systems in terms of income distribution are illustrated, and it is claimed that the issue...
Persistent link: https://www.econbiz.de/10011608521
Distributional assumptions are crucial in the estimation of the value of public projects assessed by means of contingent valuation analyses, and it would seem obvious that tests for model specification should play an important part in the statistical analysis. It can be observed, though, that...
Persistent link: https://www.econbiz.de/10011608796
from exporting carbon-offset credits to the industrialized world. Moreover, reduced deforestation can increase …
Persistent link: https://www.econbiz.de/10010298025
Reducing emissions from deforestation and degradation (REDD) has been proposed as a potentially inexpensive and plentiful source of emission abatement to supplement other longterm climate policies. However, critics doubt that REDD credits are environmentally equivalent to domestic emission...
Persistent link: https://www.econbiz.de/10010298719
control, water supply and fisheries management. Opening with a brief summary of the theory behind these programs and both the … economic and environmental consequences anticipated by this theory, it proceeds with a description of the common elements these … consequences of adopting these approaches is juxtaposed with the expectations created by the economic theory of tradable permits …
Persistent link: https://www.econbiz.de/10011335705
Die Klima-Konferenz in Bali ist zu Ende, der Weg zu einem neuen internationalen Klimaabkommen aber alles andere als klar. Doch schon heute steht fest: Die massive Absenkung der weltweiten Treibhausgasemissionen wird sich durch strikte Vorgaben allein wohl kaum erreichen lassen - dazu sind die...
Persistent link: https://www.econbiz.de/10011601776
emissions trading. World economic impacts are investigated by a world general equilibrium model including 11 international …
Persistent link: https://www.econbiz.de/10011608565
The Kyoto Protocol incorporates emissions trading, joint implementation and the clean development mechanism to help Annex I countries to meet their Kyoto targets at a lower overall cost. This paper aims to estimate the size of the potential market for all three flexibility mechanisms under the...
Persistent link: https://www.econbiz.de/10011608572
This paper investigates the implications of progressively broadening the scope of the market of tradable permits from no emissions trading to full global trading. We start with the no emissions trading case where each Annex I country must individually meet its Kyoto targets. Next, we consider a...
Persistent link: https://www.econbiz.de/10011608792
The framework of the Kyoto Protocol, an agreement for the world's rich countries to reduce their greenhouse gas …
Persistent link: https://www.econbiz.de/10011608814