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An Analysis of International CO2 agreements

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  • Amundsen, Eirik S.
  • Lønning, Dag
  • Rasmussen, Heine
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    Abstract

    We examine the effects on GNP for groups of countries after introducing different schemes of tradable CO2 emission rights. The analysis is based on a numerical general equilibrium model of the world economy. The development of prices and trade of energy carriers and emission rights are investigated.

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    File URL: http://mpra.ub.uni-muenchen.de/10753/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 10753.

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    Date of creation: 1995
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    Handle: RePEc:pra:mprapa:10753

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    Related research

    Keywords: Climate change; CO2 permits; numerical equilibrium model;

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    References

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    1. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 101(407), pages 920-37, July.
    2. Hoel, Michael, 1991. "Global environmental problems: The effects of unilateral actions taken by one country," Journal of Environmental Economics and Management, Elsevier, vol. 20(1), pages 55-70, January.
    3. Pearce, David W, 1991. "The Role of Carbon Taxes in Adjusting to Global Warming," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 101(407), pages 938-48, July.
    4. Graciela Chichilnisky & Geoffrey Heal, 1993. "Global Environmental Risks," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 7(4), pages 65-86, Fall.
    5. Daniel A. Lashof, 1991. "EPA's Scenarios for Future Greenhouse Gas Emissions and Global Warming," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 1), pages 125-146.
    6. Michael Hoel, 1991. "Efficient International Agreements for Reducing Emissions of CO2," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 2), pages 93-108.
    7. repec:fth:coluec:645 is not listed on IDEAS
    8. Chichilnisky, G. & Heal, G. & Starret, D., 1994. "International Emission Permits: Equity and Efficiency," Papers, Columbia - Graduate School of Business 94-03, Columbia - Graduate School of Business.
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    Cited by:
    1. Amundsen, Eirik S. & Nesse, Arvid & Tjotta, Sigve, 1999. "Deregulation of the Nordic power market and environmental policy," Energy Economics, Elsevier, Elsevier, vol. 21(5), pages 417-434, October.

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