The Political Economy of International Emissions Trading Scheme Choice: Empirical Evidence
AbstractThe Kyoto Protocol allows international emissions trading, which could take place in three different forms: government, permit, or credit trading. Which trading system is chosen is likely to depend on the preferences of several interest groups. In this paper, we give empirical evidence on the preferences of industry and environmental organizations for national environmental policy instrument and for international emissions trading scheme. Furthermore, we present data that gives an indication about the level of rent-seeking by these groups at the international level. The aim of this paper is to identify which instruments are politically most feasible.
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Bibliographic InfoPaper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 00-19.
Length: 52 pages
Date of creation: Dec 2000
Date of revision:
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Emissions Trading; CO2; Kyoto; Public Choice;
Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-10-29 (All new papers)
- NEP-PBE-2001-10-29 (Public Economics)
- NEP-POL-2001-10-29 (Positive Political Economics)
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- Boom, Jan-Tjeerd, 2001. "International emissions trading under the Kyoto Protocol: : credit trading," Energy Policy, Elsevier, vol. 29(8), pages 605-613, June.
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