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The Polluter Pays Principle and Cost-Benefit Analysis of Climate Change: An Application of Fund

Tol, Richard S.J. - 2006

I compare and contrast five climate scenarios: (1) no climate policy; (2) non-cooperative cost-benefit analysis (NC CBA); (3) NC CBA with international permit trade; (4) NC CBA with joint and several liability for climate change damages; and (5) NC CBA with liability proportional to a country's...

Persistent link: https://www.econbiz.de/10010312407

Reaching national Kyoto-targets in Germany by maintaining a sustainable development

Bayer, Stefan; Kemfert, Claudia - 2000

Within this paper, we analyse the fulfilment of the Kyoto-emissions reduction com-mitment exemplary in Germany and its implication on long-term paths of all macro-variables. Germany, like all other industrial or Annex B coun-tries, has to reduce its emissions by 2010 and after what we call a...

Persistent link: https://www.econbiz.de/10011608661

Is Kyoto fatally flawed? An analysis with MacGEM

Eyckmans, Johan; Van Regemorter, Denise; Van … - 2002

In this paper we present some numerical simulations with the MacGEM model to evaluate the consequences of the recent Marrakesh agreements and the defection of the USA for the Kyoto Protocol. MacGEM is a global marginal abatement cost model for carbon emissions from fossil fuel use based on the...

Persistent link: https://www.econbiz.de/10011335709

How can economies in transition pursue emissions trading or joint implementation?

Missfeldt, Fanny; Villavicenco, Arturo - 2002

Under the 1997 Kyoto Protocol, economies in transition are eligible for both emissions trading (Article 17) and joint implementation (Article 6). Guiding rules for implementing these mechanisms were decided through the Marrakech Accords in November 2001. These countries may benefit substantially...

Persistent link: https://www.econbiz.de/10011335720

Complying with the Kyoto Protocol under uncertainty: Taxes or tradable permits?

Quirion, Philippe - 2002

The Kyoto Protocol on climate change allocates tradable quotas to developed countries, but let them free to choose the means to respect their quota. There are good reasons for a country not to control its firms through internationally tradable permits. We thus compare a tax and purely domestic...

Persistent link: https://www.econbiz.de/10011335728

The Allocation of European Union Allowances: Lessons, Unifying Themes and General Principles

Buchner, Barbara K.; Carraro, Carlo; Ellerman, A. Denny - 2006

(EU ETS), i.e. in the world's first experience with allocating carbon allowances to sub-national entities. We discuss the … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …

Persistent link: https://www.econbiz.de/10010312262

Governance and Environmental Policy Integration in Europe: What Can We learn from the EU Emission Trading Scheme?

Catenacci, Michela; Buchner, Barbara; Sgobbi, Alessandra - 2007

The European Union Emission Trading System (EU ETS) is a landmark environmental policy, representing the world's first … participation and flexible abatement strategies make the EU ETS a powerful instrument of cross sectoral integration of environmental … governance. The EU ETS shows characteristics of the decision making processes and institutions engaged, the tools and instruments …

Persistent link: https://www.econbiz.de/10010312622