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Kyoto's Climate Game and How to Fix it
Cramton, Peter; Stoft, Steven - 2014
The Kyoto summit initiated an international game of cap and trade. Unlike a national policy, the essence of this game …
Persistent link: https://www.econbiz.de/10014191875
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Carbon Pricing in Climate Policy : Seven Reasons, Complementary Instruments, and Political Economy Considerations
Baranzini, Andrea - 2017
Carbon pricing is a recurrent theme in debates on climate policy. Discarded at the 2009 COP in Copenhagen, it remained part of deliberations for a climate agreement in subsequent years. As there is still much misunderstanding about the many reasons to implement a global carbon price, ideological...
Persistent link: https://www.econbiz.de/10012970563
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Projections and Uncertainties About Climate Change in an Era of Minimal Climate Policies
Nordhaus, William D. - 2016
Climate change remains one of the major international environmental challenges facing nations. Yet nations have to date taken minimal policies to slow climate change. Moreover, there has been no major improvement in emissions trends as of the latest data. The current study uses the updated DICE...
Persistent link: https://www.econbiz.de/10012977936
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Compensation for Electricity Consumers Under a U.S. CO2 Emissions Cap
Paul, Anthony C. - 2014
Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity sector, which contributes roughly 40 percent of total CO2 emissions in the U.S. Using a detailed simulation model of the electricity sector, we evaluate alternative ways that...
Persistent link: https://www.econbiz.de/10012708463
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Pathways to European greenhouse gas emissions trading history and misconceptions
Zapfel, Peter; Vainio, Matti - 2002
Kyoto Protocol of the UNFCCC, a bottom-up scheme linking national trading systems of EU Member States, and an EU … trading has evolved in Europe since the adoption of the Kyoto Protocol in 1997 in three phases. We also review a set of …
Persistent link: https://www.econbiz.de/10011597971
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Renewable Energy under the Kyoto Protocol : The Case for Mixing Instruments
Driesen, David M. - 2014
This paper suggests that a mixture of measures may be needed to encourage renewable energy under the Kyoto Protocol. It …
Persistent link: https://www.econbiz.de/10014222701
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Greenhouse Gas Emissions Trading and the World Trading System
Zhang, ZhongXiang - 2013
This article examines whether a greenhouse gas emissions trading scheme has the potential to bring parties into conflict with the WTO provisions in dealing with the initial allocation of permits, non-compliance with emissions targets, emissions trading system enlargement, and trade measures...
Persistent link: https://www.econbiz.de/10014130689
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The Liability Rules Under International GHG Emissions Trading
Zhang, ZhongXiang - 2002
Article 17 of the Kyoto Protocol authorises emissions trading, but the rules governing emissions trading have been … liability works well in a strong enforcement environment. In the Kyoto Protocol, however, it may not always work. By contrast, a …-of-period punishments to ensure compliance with the Kyoto emissions commitments. Such measures aim to maximize efficiency gains from …
Persistent link: https://www.econbiz.de/10014141043
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The Problem of Maintaining Emissions 'Caps' in Carbon Trading Programs Without Federal Government Involvement : A Brief Examination of the Chicago Climate Exchange and the Northeas...
Yang, Tseming - 2006
In spite of the Bush Administration's rejection of the 1997 Kyoto Protocol, states and private organizations have made …
Persistent link: https://www.econbiz.de/10014058450
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On Multi-Period Emissions Trading in the Electricity Sector
Bode, Sven - 2006
Emissions trading schemes on entity level are becoming more and more important in the context of controlling greenhouse gases. The directive on a Europe-wide trading scheme is a prime example. Prior to the start of such a scheme, a number of design features have to be agreed upon. Regarding the...
Persistent link: https://www.econbiz.de/10014058772