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...

As part of the international climate negotiations there is a lot of discussion about methodologies for quantifying emission reductions of greenhouse gas reduction projects (baseline discussion) and about granting emission reduction credits only to projects that are additional (Investment...

We analyse the impact of the agreement on implementation of the Kyoto Protocol achieved at COP6bis in Bonn in July 2001 on investment in greenhouse gas emission reduction projects in developing countries through the Clean Development Mechanism (CDM). The required actual emission reductions for...

Zertifikatemärkte für grünen Strom (erneuerbare Energien) und CO2-Emissionen wurden bisher in der Literatur überwiegend isoliert betrachtet. Wir analysieren für den Elektrizitätssektor die Implikationen eines Zusammenwirkens (Koexistenz) beider Märkte. Es werden zwei Fälle der Koexistenz...

Currently, the EU-15 forms the only bubble under the Kyoto Protocol and has negotiated an internal burden sharing. A strategic EU climate policy should include accession countries. Thus, even in the case of early ratification of the Kyoto Protocol by 2002, it would be sensible to form a bubble...

Currently, international climate negotiations concentrate on design issues for the flexible instruments outlined in the Kyoto Protocol. As the 6th Conference of the Parties to the U.N. Framework Convention on Climate Change in late 2000 or early 2001 has to take decisions on these matters, it is...

Das Kioto Protokoll zur Reduktion von Treibhausgasemissionen kann jetzt − nachdem Russland unterzeichnet hat − in Kraft treten. Wie haben sich die Emissionen der einzelnen Industrieländer in den letzten Jahren entwickelt? Welche Optionen stehen den Ländern offen? Welche EU Strategie sollte...

Anfang 2005 tritt das Emissionshandelssystem für CO2 in der EU in Kraft. Dieser wichtige Bestandteil des europäischen Klimaschutzprogramms ist in langwierigen Verhandlungen entwickelt worden. Wie wird die Zuteilung von Emissionsrechten organisiert? Wird die EU Kommission die Vorschläge der...