difference-in-difference model, we examine the Kyoto Protocol as an international climate policy quasi-natural experiment and ex …-post evaluate its effect on China’s CTT. Our results confirm that the Kyoto Protocol ratification has increased China’s CTT by 26 … China’s international trade. The results have implications for both China’s climate policy and for current and future …

launch of the UNFCCC. Every climate policy is somewhat related to adaptation and mitigation, which the UNFCCC highlights as … Kyoto Protocol system under the UNFCCC-centered international climate change regime was driven by the principles of Common … but Differentiated Responsibilities (CBDR) and Polluter Pays (PP). These principles of the Kyoto Protocol system made …

Emissions Trading System (EU ETS) from a fiat allowance to a gold standard system, ensuring unchanged net emissions on the path …, which would provide the CCB with the credibility to stabilize the market in the future. • To fill the CRC reserve, the EU … procurement program, supporting existing procurement programs, such as Sweden's or Denmark's, and incentivizing additional EU …

Emissions Trading System (EU ETS) from a fiat allowance to a gold standard system, ensuring unchanged net emissions on the path … would provide the CCB with the credibility to stabilize the market in the future. To fill the CRC reserve, the EU should … program, supporting existing procurement programs, such as Sweden's or Denmark's, and incentivizing additional EU member …

lower compliance. A panel data analysis on compliance with the Kyoto Protocol by Annex B countries is applied in order to …

trading. As a pilot scheme, it was largely inspired by the European Union Emissions Trading Scheme (EU ETS) to achieve their …. That is the idea behind greenhouse gas emissions trading, which places a cap on total emissions, allocates credits to … within a cap-and-trade program enacted by legislation of the state, country or region. The Kyoto Protocol allows certain …

efficacy remains scarce. Using administrative data, we estimate that, on average, the EU ETS – the world’s first and largest … made targeted investments, reducing the emissions intensity of production. These results indicate that the EU ETS induced … market-based climate policy – induced regulated manufacturing firms to reduce carbon dioxide emissions by 14-16% with no …

This working paper discusses similarities and differences between the cooperation mechanisms of the EU renewable energy … directive (RES directive) and the flexible mechanisms of the Kyoto Protocol. The cooperation mechanisms allow the (virtual …