Rules for the Global Environment
AbstractThe paper looks at the global environment as a public good and as a sink for CO2-emissions. It discusses problems to be solved in institutional arrangements to protect global environmental media and looks at criteria for allocating the costs of emission reduction and emission rights. It analyzes institutional mechanisms that stabilize CO2-agreements and reviews the Kyoto Protocol, the perspectives for its successor and EU emission trading. The paper also reviews arrangements for biodiversity and existing multilateral arrangements.
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Bibliographic InfoPaper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1422.
Length: 36 pages
Date of creation: Jun 2008
Date of revision:
Public good; Global warming; Emission reduction; Emission rights; Institutional Mechanisms; Kyoto Protocol; Post-Bali negotiations; EU emission trading; fauna and flora; existing multilateral arrangements;
Find related papers by JEL classification:
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-06-07 (All new papers)
- NEP-ENE-2008-06-07 (Energy Economics)
- NEP-ENV-2008-06-07 (Environmental Economics)
- NEP-PBE-2008-06-07 (Public Economics)
- NEP-RES-2008-06-07 (Resource Economics)
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