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Dynamic carbon caps. Splitting the bill: A fairer solution post-Kyoto?

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  • Catton, Will
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    Abstract

    A 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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    File URL: http://www.sciencedirect.com/science/article/B6V2W-4X7PPS4-2/2/7d0ada2dc5f00fdce8dd5f5b06f3f699
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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 37 (2009)
    Issue (Month): 12 (December)
    Pages: 5636-5649

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    Handle: RePEc:eee:enepol:v:37:y:2009:i:12:p:5636-5649

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    Web page: http://www.elsevier.com/locate/enpol

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    Keywords: Environmental policy Climate change Future commitments;

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