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Modelling Economic Impacts of Alternative International Climate Policy Architectures. A Quantitative and Comparative Assessment of Architectures for Agreement

  • Valentina Bosetti

    (Fondazione Eni Enrico Mattei and CMCC)

  • Carlo Carraro

    (Fondazione Eni Enrico Mattei, University of Venice, CEPR, CESifo and CMCC)

  • Alessandra Sgobbi

    (Fondazione Eni Enrico Mattei and CMCC)

  • Massimo Tavoni

    (Fondazione Eni Enrico Mattei, Catholic University of Milan and CMCC)

This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political acceptability which is measured in terms of feasibility and enforceability. The ultimate aim is to derive useful information for designing a future agreement on climate change control.

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Paper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number 2008.85.

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Date of creation: Oct 2008
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Handle: RePEc:fem:femwpa:2008.85
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  1. Joseph E. Aldy & Scott Barrett & Robert N. Stavins, 2003. "Thirteen Plus One: A Comparison of Global Climate Policy Architectures," Working Papers 2003.64, Fondazione Eni Enrico Mattei.
  2. Carraro, Carlo & Eyckmans, Johan & Finus, Michael, 2005. "Optimal Transfers and Participation Decisions in International Environmental Agreements," CEPR Discussion Papers 5046, C.E.P.R. Discussion Papers.
  3. Valentina Bosetti & Carlo Carraro & Massimo Tavoni, 2008. "Delayed Participation of Developing Countries to Climate Agreements: Should Action in the EU and US be Postponed?," Working Papers 2008.70, Fondazione Eni Enrico Mattei.
  4. Carraro, Carlo & Marchiori, Carmen & Oreffice, Sonia, 2004. "Endogenous Minimum Participation in International Environmental Treaties," CEPR Discussion Papers 4281, C.E.P.R. Discussion Papers.
  5. Carraro, Carlo & Siniscalco, Domenico, 1991. "Strategies for the International Protection of the Environment," CEPR Discussion Papers 568, C.E.P.R. Discussion Papers.
  6. Warwick J. McKibbin & Peter J. Wilcoxen, 2006. "A Credible Foundation For Long Term International Cooperation On Climate Change," CAMA Working Papers 2006-15, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  7. repec:cup:cbooks:9780521871631 is not listed on IDEAS
  8. Valentina Bosetti & Carlo Carraro & Emanuele Massetti & Massimo Tavoni, 2007. "Optimal Energy Investment and R&D Strategies to Stabilise Greenhouse Gas Atmospheric Concentrations," CESifo Working Paper Series 2133, CESifo Group Munich.
  9. repec:cup:cbooks:9780521692175 is not listed on IDEAS
  10. Bosetti, Valentina & Carraro, Carlo & Massetti, Emanuele & Sgobbi, Alessandra & Tavoni, Massimo, 2009. "Optimal energy investment and R&D strategies to stabilize atmospheric greenhouse gas concentrations," Resource and Energy Economics, Elsevier, vol. 31(2), pages 123-137, May.
  11. Valentina Bosetti & Carlo Carraro & Marzio Galeotti & Emanuele Massetti & Massimo Tavoni, 2006. "WITCH. A World Induced Technical Change Hybrid Model," Working Papers 2006_46, Department of Economics, University of Venice "Ca' Foscari".
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