s. Whether it should be part of a global climate mitigation strategy, however, remains controversial. One of the key issues is that, contrary to emission abatement, carbon sequestration might not be permanent. But some argue that even temporary sequestration is beneficial as it delays climate...

Efficient reduction of carbon dioxide emissions requires coordination of international efforts. Approaches proposed include carbon taxes, emission quotas, and jointly implemented energy projects. To reduce emissions efficiently, requires equalizing the marginal costs of reduction between...

Bringing the United States and major developing countries to control their greenhouse gas emissions will be the key challenge for the international climate regime beyond the Kyoto Protocol. But in the current quantity-based coordination, large uncertainties surrounding future emissions and...

The trading of rights to emit carbon dioxide has not officially been sanctioned by the United Nations Framework Convention on Climate Change, but it is of interest to investigate the consequences, both for industrial (Annex B) and developing countries, of allowing such trades. The authors...

When domestic energy prices in developing countries fall below opportunity costs, price increases are recommended to conserve fiscal revenue and to ensure efficient use of resources. Using six case studies, the authors investigate the effect of energy price increases on the poor, inflation,...

In light of the recent argument that rapid economic growth in Russia over the next decade, might result in emissions higher than the Kyoto target, thereby putting much-needed growth at risk, the authors revisit the discussion on the costs and benefits of ratification of the Kyoto Protocol by...

The authors assess the economic effects in Egypt, under various conditions, of restricting carbon dioxide emissions. They use their model to assess the sensitivity of these effects to alternative specifications: changes in the level or timing of restrictions, changes in the rate of discount of...

This paper analyzes the determinants of deforestation in the Brazilian Amazon. From a model of optimal use, it derives and then estimates a deforestation equation on county-level data for the period 1978 to 1988. The data include a deforestation measure from satellite images, which is a great...

Rural roads promote economic development but also facilitate deforestation. To explore the tradeoffs between development and environmental damage posed by road building, the authors develop and estimate a spatially explicit model of land use. This model takes into account location and land...