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The European Commission (2001a) has recently presented a directive proposal to the Parliament and the Council in order to implement a tradable permits scheme. However, as stressed by the positive political economy, due to the influence of various interest groups, very few environmental policies...
Persistent link: https://www.econbiz.de/10011596941
The Kyoto Protocol incorporates emissions trading, joint implementation and the clean development mechanism to help … Annex I countries to meet their Kyoto targets at a lower overall cost. This paper aims to estimate the size of the potential … market for all three flexibility mechanisms under the Kyoto Protocol over the first commitment period 2008-2012, both on the …
Persistent link: https://www.econbiz.de/10014173274
Emissions trading has emerged as the major policy approach for addressing climate change, as evidenced by programs and proposals in the Australia, Europe, the United States, and elsewhere. A host of choices need to be made to design and implement a greenhouse gas emissions trading program,...
Persistent link: https://www.econbiz.de/10014217682
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
-based Kyoto Mechanisms Joint Implementation, Clean Development Mechanism and International Emissions Trading. What strikes at …The Kyoto Protocol stipulates that industrialised countries and countries with economies in transition, i.e. the group … order to meet these targets cost-effectively, at an international level the Kyoto Protocol allows the use of the market …
Persistent link: https://www.econbiz.de/10014150151
After greenhouse gas emission trading on country level had been proposed by the Kyoto Protocol agreed on in 1997, a … prior to the start of the first Kyoto commitment period. Seller and buyer may have different interests with regard to …
Persistent link: https://www.econbiz.de/10014089720
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
The Kyoto Protocol incorporates three flexibility mechanisms to help Annex I countries to meet their Kyoto targets at a … scenarios. To our knowledge, this is the first comprehensive study to estimate the size of the potential market for Kyoto …
Persistent link: https://www.econbiz.de/10014131046
The Kyoto protocol shows that countries have an incentive to change their emission ceilings when international …
Persistent link: https://www.econbiz.de/10014137732
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