This paper explores the contribution that no-lose target schemes for non-Annex I (NAI) countries can make to achieving the 2 °C target. The analyses rely on marginal abatement cost curves obtained from a global partial equilibrium model for the year 2020 and specifically account for 18 NAI...

This paper assesses the impact of a global phase-out of nuclear energy on the costs of meeting international climate policy targets for 2020. The analyses are based on simulations with a global energy systems model. The phase-out of nuclear power increases greenhouse gas emissions by 2%...

State-of-the-art literature on climate change policies has proposed numerous approaches for the Post-Kyoto agreement. However, in analysing the outcome of negotiations, the feeling is that a huge gap exists between policy makers and scientists. This paper tries to bridge this gap by providing a...

The Clean Development Mechanism (CDM) is a Greenhouse Gas (GHG) offset mechanism which is a part of the Kyoto Protocol. It allows developed countries to reduce GHGs in developing countries. Since the marginal cost of GHG reduction is lower in developing countries, this mechanism contributes to...

We develop a stochastic model to rank different policies (tax, fixed cap and relative cap) according to their expected total social costs. Three types of uncertainties are taken into account: uncertainty about abatement costs, business-as-usual (BAU) emissions and future economic output (the two...

This paper assesses the impact of a global phase-out of nuclear energy on the costs of meeting international climate policy targets for 2020. The analyses are based on simulations with a global energy systems model. The phase-out of nuclear power increases greenhouse gas emissions by 2%...

We develop a stochastic model to rank different policies (tax, fixed cap and relative cap) according to their expected total social costs. Three types of uncertainties are taken into account: uncertainty about abatement costs, business-as-usual (BAU) emissions and future economic output (the two...