Böhringer, Christoph; Vogt, Carla - 2002
We show that U.S. withdrawal from the Kyoto Protocol is straightforward under political economy considerations. The …-EU Parties to the Kyoto Protocol gained veto bargaining power and, thus, were successful in asserting far reaching concessions … from the EU on sink credits and tradability of emission rights. Taking these concessions into account, the Kyoto Protocol …