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This paper addresses the political acceptability and workability of CDM by and in developing countries. At COP-3 in Kyoto in 1997, the general position among developing countries changed from strong rejection of joint implementation to acceptance of CDM. The outgrowth of CDM from a proposal from...
Persistent link: https://www.econbiz.de/10009435560
When regulators put forward new economic or regulatory policies, there is a need to compare the costs and benefits of these new policies to existing policies and other alternatives to determine which policy is most cost-effective. For command and control policies, it is quite difficult to...
Persistent link: https://www.econbiz.de/10009435949
Studies of the costs of climate change policies have utilized a variety of measures or metrics for summarizing costs. The leading economic models have utilized GNP, GDP, the ''area under a marginal cost curve,'' the discounted present value of consumption, and a welfare measure taken directly...
Persistent link: https://www.econbiz.de/10009436191
This report presents two series of studies performed before COP-6 and COP-6bis, in order to provide DG Environment with economic analysis of the issues at stake in international climate negotiations. These analysis used the background information provided by the large scale world energy partial...
Persistent link: https://www.econbiz.de/10009475083
The Clean Development Mechanism (CDM) of the Kyoto Protocol offers developing countries the opportunity to participate in the effort to reduce global greenhouse gas levels while also benefitting from sustainable development opportunities. To date, the majority of CDM investments have gone to...
Persistent link: https://www.econbiz.de/10009476711
[Conclusion]: The Kyoto Protocol complicates the process of achieving a realistic approach to greenhouse gas abatement. It has created a great deal of uncertainty about how and whether countries are going to achieve the strict quantity targets that have been set by 2008 to 2012. The...
Persistent link: https://www.econbiz.de/10009451712
In earlier papers we have argued that the Kyoto Protocol is not sustainable as a global climate change policy and have proposed an alternative policy regime based on a coordinated but decentralized system of national permit trading systems with a fixed internationally negotiated price for...
Persistent link: https://www.econbiz.de/10009451713
This paper reports a preliminary laboratory experiment in which traders make investments to increase the reliability of tradable instruments that represent greenhouse gas emissions allowances. In one half of the sessions these investments are unobservable, while in the other half traders can...
Persistent link: https://www.econbiz.de/10009430680
Structural system identification methods are analytical techniques for reconciling test data with analytical models. The response data frequently used to compare a finite element model and test data are the eigenvalues of the system. However, eigenvalues alone cannot assure an adequate model....
Persistent link: https://www.econbiz.de/10009435739
Several studies have shown evidence of price convergence between countries in the European Union (EU) since the … the coefficient of variation. The results show little evidence of price convergence for non-residential construction for … either country group. This is shown to be in contrast with convergence that is evident in the prices of other product groups …
Persistent link: https://www.econbiz.de/10009441585