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After greenhouse gas emission trading on country level had been proposed by the Kyoto Protocol agreed on in 1997, a discussion on the introduction of national schemes with entities as participants ensued. This discussion also raised the question if and how such systems can be linked. We first...
Persistent link: https://www.econbiz.de/10014089720
lands) to reduce run-off into the nation’s water bodies. In theory, this is consistent with the regulatory push towards … efficiency and using markets as rational arbiters of pollution control. While this theory has been used on many small scales over … these markets could work in theory at this scale, I do not believe the administrative agencies have addressed problems with …
Persistent link: https://www.econbiz.de/10014157663
When dealing with multiple greenhouse gases, we need some way to establish equivalence among gases. The Intergovernmental Panel on Climate Change (IPCC) has suggested the use of global warming potentials (GWPs) for making such trade-offs. We begin by examining the implications of such an...
Persistent link: https://www.econbiz.de/10014151726
journal to analyze potential conflicts between an international emissions trading scheme and the world trade system …
Persistent link: https://www.econbiz.de/10014130689
Experimental methods have recently been used to evaluate environmental policy instruments, in particular – and most suitably, it seems – emissions trading programs of various designs. Some studies have focused on domestic emissions trading programs, while others have focused on international...
Persistent link: https://www.econbiz.de/10014023935
In this paper, we use the two region CETA-M model to explore some related issues raised by the current interest in CO2 concentration targets as a possible climate change policy objective. First, we identify possible cost and benefit assumptions that would make particular concentration ceilings...
Persistent link: https://www.econbiz.de/10014215845
, in particular, experience around the world with the relatively new breed of economic-incentive or market-based policy … number of specific examples from around the world. By defining market-based instruments broadly, I cast a large net for this …
Persistent link: https://www.econbiz.de/10014023936
We study an international climate agreement that assigns emission quotas to each participating country. Unlike the simplest models in the literature, we assume that abatement costs are affected by R&D activities undertaken in all firms in all countries, i.e. abatement technologies are...
Persistent link: https://www.econbiz.de/10014059244
The Kyoto Protocol incorporates three flexibility mechanisms 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 mechanisms over the first commitment period. Based on the national communications...
Persistent link: https://www.econbiz.de/10014131046
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/10014173274