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Transaction costs will reduce the attractiveness of the Kyoto Mechanisms compared to domestic abatement options. Especially the project-based mechanisms CDM and JI are likely to entail considerable costs of baseline development, verification and certification. The AIJ pilot phase and the PCF...
Persistent link: https://www.econbiz.de/10004989382
China has had an enormous growth of energy and electricity consumption during the last decades. This has been fuelled primarily by using domestic coal resources. Until 1997, annual construction of power stations averaged around 15 GW which was not sufficient to alleviate the demand surplus....
Persistent link: https://www.econbiz.de/10004989387
The countries wishing to join the EU have a high potential for low cost greenhouse gas emission reduction. As they cannot join the "bubble" agreement for the first commitment period of the Kyoto Protocol, project-based Joint Implementation (JI) could be a powerful strategy to integrate accession...
Persistent link: https://www.econbiz.de/10004989388
Das Kyoto-Protokoll zur UN-Klimarahmenkonvention setzt verbindliche Treibhausgasemissionsziele f�r Industriel�nder, die allerdings erst im Zeitraum 2008-2012 gelten. Da f�r die Zeit bis 2008 mit einem erheblichen Emissionsanstieg zu rechnen ist, wird �ber Ans�tze nachgedacht, schon...
Persistent link: https://www.econbiz.de/10005039147
A whole bundle of so-called "flexible mechanisms" has been foreseen by the Kyoto Protocol in order to help industrial countries to fulfill their agreed reduction targets in the most cost-effective way. Emission permits will act as the backbone of all market-orientated mechanisms. Therefore,...
Persistent link: https://www.econbiz.de/10005513588
After four years of intense negotiations that tethered on the brink of failure, the design of the international climate policy regime that is formed by the U.N. Framework Convention on Climate Change, the Kyoto Protocol and the Marrakesh Accords is now sufficiently clear to be implemented. Apart...
Persistent link: https://www.econbiz.de/10005513592
For projects under the Clean Development Mechanism (CDM), a baseline has to be set to allow calculation of the greenhouse gas emissions reductions achieved. An important obstacle to CDM project development is the lack of data for baseline definition; often project developers do not have access...
Persistent link: https://www.econbiz.de/10005513598
This paper aims to examine the potential of the Clean Development Mechanism (CDM) to address energy- related issues during the rural transition process in China, using a case study of quickly urbanizing and industrializing Yinzhou district in coastal Zhejiang province. Yinzhou's per capita GDP...
Persistent link: https://www.econbiz.de/10005513603
Persistent link: https://www.econbiz.de/10005522415
The implementation of activities aimed to mitigate global greenhouse gas emissions is more cost-efficient in developing countries than in most of the industrialized world. A Clean Development Mechanism (CDM) is to assure that the interests of all parties implicated in Joint Implementation...
Persistent link: https://www.econbiz.de/10005468540