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Permisos Transables de Emisión en Chile: Lecciones, Desafíos y Oportunidades para Países en Desarrollo

  • Enrique Calfucura
  • Jessica Coria
  • José Miguel Sánchez

    ()

    (Instituto de Economía. Pontificia Universidad Católica de Chile.)

Chile has pioneered the implementation of emission offseting programs pursuing simultaneously economic growth and environmental protection. In this paper, emission trading programs implemented in Santiago of Chile are analyzed and its relevance for developing countries is evaluated. It is argued that emission trading programs can be the best tool to deal with air pollution problems even in the cases in which the institutional capacities are not well developed. Moreover, the inclusion of the transport system into the emission trading programs and the possibility of moving towards a system of interpollutants exchange are both nouvelle and relevant elements in the context of air pollution control policies. However, these innovations involve rather more complex elements in the design of emission trading programs.

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Paper provided by Instituto de Economia. Pontificia Universidad Católica de Chile. in its series Documentos de Trabajo with number 347.

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Date of creation: 2008
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Handle: RePEc:ioe:doctra:347
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