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Implications of a dynamic target of greenhouse gases emission reduction: the case of Argentina

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  • Barros, Vincente
  • Grand, Mariana Conte
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    Abstract

    The purpose of this paper is to discuss the greenhouse gases (GHG) emission target adopted by Argentina. It contains a summary of the process that led to the formulation of the emission target, including GHG inventories, macroeconomic and sectoral projections, and mitigation options. Fixed and dynamic indexes such as the Carbon Intensity Index are discussed, concluding that the latter is not appropriate for most developing countries. This is the case, in particular, for countries whose GHG emissions are not solely dependent on GDP growth, but also on other variables, such as international prices and market conditions for their agricultural products. The index recommended for Argentina was based on the square root of GDP. It went a step further by producing, for the chosen level of reduction, not only a positive relation between GDP and allowable emissions, but also a relation of the same sign between GDP and emission reductions.

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    Bibliographic Info

    Article provided by Cambridge University Press in its journal Environment and Development Economics.

    Volume (Year): 7 (2002)
    Issue (Month): 03 (July)
    Pages: 547-569

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    Handle: RePEc:cup:endeec:v:7:y:2002:i:03:p:547-569_00

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    Cited by:
    1. Aldy, Joseph E. & Pizer, William A., 2008. "Issues in Designing U.S. Climate Change Policy," Discussion Papers dp-08-20, Resources For the Future.
    2. Frank Jotzo & John C. V. Pezzey, 2006. "Optimal Intensity Targets for Greenhouse Emissions Trading Under Uncertainty," Economics and Environment Network Working Papers 0605, Australian National University, Economics and Environment Network.
    3. Huifang Tian & John Whalley, 2009. "Level versus Equivalent Intensity Carbon Mitigation Commitments," University of Western Ontario, Economic Policy Research Institute Working Papers 20094, University of Western Ontario, Economic Policy Research Institute.
    4. Frank Jotzo & John C. V. Pezzey, 2005. "Optimal intensity targets for emissions trading under uncertainty (now replaced by EEN0605)," Economics and Environment Network Working Papers 0504, Australian National University, Economics and Environment Network.
    5. Mariana Conte Grand & Vanesa D´Elia, 2013. "Using the Box-Cox transformation to approximate the shape of the relationship between CO2 emissions and GDP: a note," CEMA Working Papers: Serie Documentos de Trabajo. 513, Universidad del CEMA.

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