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Emissions Trading, CDM, JI, and More � The Climate Strategy of the EU

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Author Info

  • Gernot Klepper
  • Sonja Peterson

Abstract

The objective of this paper is to assess the likely allocation effects of the current cli-mate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the effects of the current policies in the year 2012 when the Kyoto targets need to be met. Different scenarios are simulated in or-der to highlight the effects of the grandfathering of permits to energy-intensive instal-lations, the use of the project-based mechanisms (CDM and JI), and the restriction imposed by the supplementarity criterion.

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File URL: http://www.ifw-members.ifw-kiel.de/publications/emissions-trading-cdm-ji-and-more-the-climate-strategy-of-the-eu-1/kap1238.pdf
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Bibliographic Info

Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1238.

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Length: 41 pages
Date of creation: Feb 2005
Date of revision:
Handle: RePEc:kie:kieliw:1238

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Related research

Keywords: Kyoto targets; EU; EU emissions trading scheme; National Allocation Plans; CDM and JI; computable general equilibrium model; DART;

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References

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  1. Klepper, Gernot & Peterson, Sonja, 2004. "The EU emissions trading scheme allowance prices, trade flows and competitiveness effects," Open Access Publications from Kiel Institute for the World Economy 3270, Kiel Institute for the World Economy (IfW).
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Cited by:
  1. Henke, Jan Michael & Klepper, Gernot, 2006. "Biokraftstoffe: Königsweg für Klimaschutz, profitable Landwirtschaft und sichere Energieversorgung?," Kiel Discussion Papers 427, Kiel Institute for the World Economy (IfW).

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