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The size of the carbon market study: discussion

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  • Zhang, ZhongXiang

Abstract

This is an invited discussion on the Morozova and Stuart’s paper “The Size of the Carbon Market Study”. It suggests a number of issues for consideration in appropriately estimating the size of carbon markets. They include Annex 1 (industrialised) countries’ baseline emissions; qualitative and quantitative assessments of the role of carbon sinks; and the difficulty from an economic and legal perspective of interpreting and inferring impacts in relation to specific provisions attached to each flexibility mechanism for regulating the extent of their use.

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File URL: http://mpra.ub.uni-muenchen.de/14507/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 14507.

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Date of creation: Dec 2000
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Handle: RePEc:pra:mprapa:14507

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Related research

Keywords: Emissions trading; Clean development mechanism; Joint implementation; Carbon market; Greenhouse gases; European Union; Supplementarity restrictions;

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  1. Zhang, ZhongXiang, 2000. "An assessment of the EU proposal for ceilings on the use of Kyoto flexibility mechanisms," MPRA Paper 13151, University Library of Munich, Germany.
  2. Zhang, ZhongXiang, 1999. "Estimating the size of the potential market for all three flexibility mechanisms under the Kyoto Protocol," MPRA Paper 13088, University Library of Munich, Germany.
  3. Zhang, ZhongXiang, 2002. "The economic effects of an alternative EU emissions policy," Journal of Policy Modeling, Elsevier, vol. 24(7-8), pages 667-677, November.
  4. Zhang, Zhong Xiang, 1999. "Estimating the size of the potential market for the Kyoto flexibility mechanisms," CCSO Working Papers 199920, University of Groningen, CCSO Centre for Economic Research.
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