Dynamic carbon caps. Splitting the bill: A fairer solution post-Kyoto?
AbstractA dynamic carbon cap scheme is described and illustrated using a future growth scenario. This scheme, called a "bill-splitting dynamic carbon cap," uses national carbon caps that change in a manner designed to distribute burden equitably, and at the same time to encourage and feed off economic growth. This is achieved by distributing emission-reduction obligations away from the growers, and onto the emitters. The global emission-reduction response is thereby pegged to global growth.
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Bibliographic InfoArticle provided by Elsevier in its journal Energy Policy.
Volume (Year): 37 (2009)
Issue (Month): 12 (December)
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Environmental policy Climate change Future commitments;
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