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An Assessment of the EU Proposal for Ceilings on the Use of Kyoto Flexibility Mechanisms

Zhang, ZhongXiang - 2014

The Kyoto Protocol is the first international environmental agreement that sets legally binding greenhouse gas … development mechanism. Because each of the Articles defining the three flexibility mechanisms carries wording that the use of the … mechanism must be supplemental to domestic actions, the supplementarity provisions have been the focus of the international …

Persistent link: https://www.econbiz.de/10014147293

Permit Trading and Stability of International Climate Agreements

Altamirano-Cabrera, Juan-Carlos; Finus, Michael - 2006

We analyze the implication of different allocation schemes of CO2-emission permits for stability and the success of international climate agreements. Our model combines a game theoretical with an empirical module that comprises 12 world regions and captures important dynamic aspects of the...

Persistent link: https://www.econbiz.de/10014057589

The Problem of Maintaining Emissions 'Caps' in Carbon Trading Programs Without Federal Government Involvement : A Brief Examination of the Chicago Climate Exchange and the Northeas...

Yang, Tseming - 2006

In spite of the Bush Administration's rejection of the 1997 Kyoto Protocol, states and private organizations have made …

Persistent link: https://www.econbiz.de/10014058450

On Multi-Period Emissions Trading in the Electricity Sector

Bode, Sven - 2006

Emissions trading schemes on entity level are becoming more and more important in the context of controlling greenhouse gases. The directive on a Europe-wide trading scheme is a prime example. Prior to the start of such a scheme, a number of design features have to be agreed upon. Regarding the...

Persistent link: https://www.econbiz.de/10014058772

Endogenous Technology and Tradable Emission Quotas

Hoel, Michael; Golombek, Rolf - 2006

countries, i.e. abatement technologies are endogenous. In line with the Kyoto agreement we assume that the international climate …

Persistent link: https://www.econbiz.de/10014059244

Value and Risks of Expiring Carbon Credits from CDM Afforestation and Reforestation

Dutschke, Michael; Schlamadinger, Bernhard; Wong, Jenny … - 2013

under the Clean Development Mechanism (CDM), valid for afforestation and reforestation activities. In order to account for …

Persistent link: https://www.econbiz.de/10014070223

Efficient Contracts for Carbon Credits from Reforestation Projects

Kerr, Suzi - 2014

This paper tackles the complex issue of how buyers and sellers within a domestic carbon credit system designed to include regenerating indigenous forest would optimally design contracts for trades of the new good, "carbon sink credits". The paper begins by briefly defining the constraints that...

Persistent link: https://www.econbiz.de/10014073920

Allocating Risks in a Domestic Greenhouse Gas Trading System

Kerr, Suzi - 2013

As tradeable permit programmes mature, two inter-related issues are becoming more critical in creating viable responses to a long-term, highly uncertain environmental problem such as climate change. First, we need to update policies in response to new information; and second, we need to design...

Persistent link: https://www.econbiz.de/10014075602

Can Permanence Be Insured? Consideration of Some Technical and Practical Issues of Insuring Carbon Credits from Afforestation and Reforestation

Wong, Jenny L. P.; Dutschke, Michael - 2013

Greenhouse gas (GHG) removals by afforestation and reforestation project activities under the Kyoto Protocol's Clean … Development Mechanism (CDM) are vulnerable to a variety of risks and uncertainties, resulting in the partial or total reversal of …

Persistent link: https://www.econbiz.de/10014078131

The Economic and Environmental Implications of the Us Repudiation of the Kyoto Protocol and the Subsequent Deals in Bonn and Marrakech

Löschel, Andreas; Zhang, ZhongXiang - 2003

1 countries to meet their revised Kyoto targets, and the environmental effectiveness. Our results show that the US … withdrawal from the Kyoto Protocol has had by far the greatest impact on the environmental effectiveness of the Protocol. This … Annex 1 trading would drop to zero. While all remaining Kyoto-constrained Annex 1 countries would enjoy meeting their …

Persistent link: https://www.econbiz.de/10014109820