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In the run-up to the Copenhagen climate summit, the USA announced an emissions reduction target of 17% by 2020 (relative to 2005), and the EU of 20-30% (relative to 1990). For the same time horizon, China offered to reduce the CO2-intensity of its economy by 40-45% (relative to 2005), but...
Persistent link: https://www.econbiz.de/10008494488
In the debate on post-Kyoto global climate policy, intensity targets, which set a maximum amount of emissions per GDP, figure as prominent alternative to Kyoto-style absolute emission targets, especially for developing countries. This paper re-examines the case for intensity targets by...
Persistent link: https://www.econbiz.de/10008494661
International emissions trading is widely seen as an indispensable policy pillar of climate change mitigation [Stern, N., 2007. The Economics of Climate Change. The Stern Review. Cambridge University Press, New York]. This article analyzes five different types of trading architectures,...
Persistent link: https://www.econbiz.de/10005179922
Along the lines of the Kaya identity, we perform a decomposition analysis of historical and projected emissions data for China. We compare the results with reduction requirements implied by globally cost-effective mitigation scenarios and official Chinese policy targets. For the years 1971-2000...
Persistent link: https://www.econbiz.de/10009142975