Macro-quantitative Analysis of Kyoto Mechanism
The Kyoto Protocol, as adopted at the Third Conference of the Parties to the U.N. Framework Convention on Climate Change (COP3), has introduced the Kyoto Mechanism (including the Emissions Trading, Joint Implementation, and Clean Development Mechanism systems) to promote the efficient achievement of greenhouse gas emission reduction targets. Calls have grown for global efforts to enhance the Kyoto Mechanism. This study represents a quantitative analysis of the Kyoto Mechanism, taking advantage of a world economy and energy model under a hypothetical situation where no problem exists with the actual implementation of the Kyoto Mechanism. Specifically, the author has estimated global CO2 emissions, energy investment and the marginal cost of CO2 emission reduction based on shadow price concept.
|Date of creation:||Jul 2007|
|Date of revision:|
|Contact details of provider:|| Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200|
Web page: http://www.eaber.org
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:eab:energy:22004. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shiro Armstrong)
If references are entirely missing, you can add them using this form.