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Most analyses of the Kyoto flexibility mechanisms focus on the cost effectiveness of "where" flexibility (e.g. by showing that mitigation costs are lower in a global permit market than in regional markets or in permit markets confined to Annex 1 countries). Less attention has been devoted to...
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This paper investigates the relative economic and environmental outcomes of price versus quantity mechanisms to control GHG emissions when abatement costs are uncertain. In particular, we evaluate the impacts on policy costs, CO2 emissions and energy R&D for a stringent mitigation target of 550...
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We offer a framework to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming budget period, the same...
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This narrative review delves into the politics of climate policy, with specific focus on the socalled "green backlash". That is, rising resistance by voters, parties, and governments to the climate transition. We start by reviewing the literature on the political consequences of climate...
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