Kyoto-Mechanismen und globaler Klimaschutz: Die Rolle handelbarer Emissionsrechte
Abstract-- We analyze the Kyoto-mechanisms with respect to their possible impacts on the fulfillment of each countrys reduction obligation and cost-efficiency. We conclude that an emissions trading system cannot be realized because it demands global harmonization of environmental policy in all countries. Joint implementation- and clean development mechanism-measures as well as bubbles can be used to slightly align different marginal abatement costs. However, our analysis shows complications when the clean development mechanism is used. These lead to an unsolvable conflict between the global reduction target and cost-efficiency. On the whole, the lions share of the committed emissions reductions has to be undertaken in each Annex-B-country domestically.
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Bibliographic InfoPaper provided by University of Tübingen, School of Business and Economics in its series Tübinger Diskussionsbeiträge with number 163.
Date of creation: 1999
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- Fritz Rahmeyer, 2004. "Europaeische Klimapolitik mit handelbaren Emissionslizenzen," Discussion Paper Series 257, Universitaet Augsburg, Institute for Economics.
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