International Emission Trading Systems: Trade Level and Political Acceptability
AbstractThe Kyoto Protocol of December 1997 allows emission trade between countries that have committed themselves to an emission ceiling. This paper considers two schemes of emission trading: trade between goverments and trade between emision sources. The two schemes are analyzed and the strengths and weaknesses of the two schemes are compared in a public choice setting which focuses on group size, selective incentives, entrepreneurship and lobbyism from industry.
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Bibliographic InfoPaper provided by Aarhus School of Business - Department of Economics in its series Papers with number 99-11.
Length: 17 pages
Date of creation: 1999
Date of revision:
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Postal: Department of Economics, Faculty of Business Administration. The Aarhus School of Business. Fuglesangs Alle 4. DK- 8210 Aarhus V - Denmark
Phone: +45 89 486396
Fax: +45 8615 5175
Web page: http://www.asb.dk/about/departments/nat.aspx
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POLLUTION ; PUBLIC GOODS ; ENVIRONMENTAL POLICY;
Find related papers by JEL classification:
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
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