The Clean Development Mechanism (CDM) : An Early History of Unanticipated Outcomes

Intro -- CONTENTS -- Acknowledgments -- About the Authors -- Chapter 1. Clean Development Mechanism: Past, Present, and Future -- ABOUT THIS BOOK -- BOOK OUTLINE -- BOOK CHAPTERS -- An Updated Review of Carbon Markets, Institutions, Policies, and Research -- The Activities Implemented Jointly Pilots: A Foundation for Clean Development Mechanism? -- Cost of Mitigation under the Clean Development Mechanism -- Diffusion of Kyoto's Clean Development Mechanism -- Why Adoption of the Clean Development Mechanism Di.ers Across Countries? -- Clean Development Mechanism as a Cooperation Mechanism -- Why So Few Agricultural Projects in the Clean Development Mechanism? -- CONCLUSION AND POLICY IMPLICATIONS -- EPILOGUE -- REFERENCES -- Chapter 2. An Updated Review of Carbon Markets, Institutions, Policies, and Research With Contributions by Philippe Ambrosi and Rebecca Entler -- SCIENCE AND POLICY -- FEATURES OF THE CLIMATE CHANGE FRAMEWORK -- Obligations Under the Framework -- Flexibility Mechanisms -- Emission Allocations and the Choice of Policy Instruments -- Permit systems versus carbon taxes -- Current Instruments -- Project Rules -- The CDM Project Cycle -- The JI Project Cycle -- Land Management Projects -- Supplementarity, Additionality, Diversion, and Carry Over -- Supplementarity -- Additionality and baselines -- Managing tradable units inventories under Kyoto -- Compatibility with the Trade Agreements40 -- EXPECTED OUTCOMES FROM THE CLIMATE CHANGE FRAMEWORK -- Policy Evaluations and Predictions -- Model Structures and Technology -- Market Power -- Leakages, Ancillary Bene.ts, and Crowding Out -- Uncertainty, Discounting, and Intergenerational Tradeoffs -- Technology Development and Transfer as a Policy Instrument -- Technology transfer and project financing -- DOMESTIC POLICIES IN THE EUROPEAN UNION, THE US, AND AUSTRALIA.