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A Multi-Gas Assessment of the Kyoto Protocol

Listed author(s):
  • Jean-Marc Burniaux
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    The Kyoto Protocol covers emissions of a range of greenhouse gases. Yet, most attempts to quantify the economic impact of implementing the Protocol’s emission targets for the period 2008-12 have focused exclusively on CO2 emissions. This paper extends previous OECD analysis confined to CO2 alone so as to cover also emissions of methane and nitrous oxide. The paper concludes that the economic costs of implementing the targets in the Kyoto Protocol are lower than suggested by an analysis confined to CO2 alone. However, over the longer term, when larger cuts in greenhouse gas emissions are required in order to have any material effect on climate, most abatement will likely have to come from CO2 and the inclusion of other gases in the analysis may not substantially alter estimates of economic costs ... Le Protocole de Kyoto couvre plusieurs gaz à effet de serre (GES). Cependant, la majorité des études visant à quantifier l’impact économique du Protocole pour la période 2008-2012 prennent exclusivement en compte les émissions de dioxyde de carbone (CO2). Le but de ce document est d’élargir l’analyse faite précédemment par le Secrétariat sur base du CO2 seulement en prenant également en compte le méthane et l’oxyde nitreux. La conclusion principale est que les coûts économiques de mise en œuvre du Protocole sont sensiblement plus faibles que le suggéraient les analyses basées sur le seul CO2. Dans un plus long terme cependant, lorsque des efforts plus substantiels devront être accomplis si l’on veut exercer le moindre impact concret sur le climat, l’essentiel des réductions concernera le CO2. Dans ce contexte, la prise en compte des autres gaz ne devrait pas modifier beaucoup les estimations des coûts ...

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    Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 270.

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    Date of creation: 25 Oct 2000
    Handle: RePEc:oec:ecoaaa:270-en
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