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An Analysis of International CO2 agreements

Author

Listed:
  • Amundsen, Eirik S.
  • Lønning, Dag
  • Rasmussen, Heine

Abstract

We examine the effects on GNP for groups of countries after introducing different schemes of tradable CO2 emission rights. The analysis is based on a numerical general equilibrium model of the world economy. The development of prices and trade of energy carriers and emission rights are investigated.

Suggested Citation

  • Amundsen, Eirik S. & Lønning, Dag & Rasmussen, Heine, 1995. "An Analysis of International CO2 agreements," MPRA Paper 10753, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:10753
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    File URL: https://mpra.ub.uni-muenchen.de/10753/1/MPRA_paper_10753.pdf
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    References listed on IDEAS

    as
    1. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, vol. 101(407), pages 920-937, July.
    2. Chichilnisky, G. & Heal, G. & Starret, D., 1994. "International Emission Permits: Equity and Efficiency," Papers 94-03, Columbia - Graduate School of Business.
    3. Michael Hoel, 1991. "Efficient International Agreements for Reducing Emissions of CO2," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 93-108.
    4. Jayant Sathaye & Andrea Ketof, 1991. "CO2 Emissions from Major Developing Countries: Better Understanding the Role of Energy in the Long Term," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 161-196.
    5. Daniel A. Lashof, 1991. "EPA's Scenarios for Future Greenhouse Gas Emissions and Global Warming," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 125-146.
    6. Hoel, Michael, 1991. "Global environmental problems: The effects of unilateral actions taken by one country," Journal of Environmental Economics and Management, Elsevier, vol. 20(1), pages 55-70, January.
    7. Graciela Chichilnisky & Geoffrey Heal, 1993. "Global Environmental Risks," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 65-86, Fall.
    8. Pearce, David W, 1991. "The Role of Carbon Taxes in Adjusting to Global Warming," Economic Journal, Royal Economic Society, vol. 101(407), pages 938-948, July.
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    Cited by:

    1. Amundsen, Eirik S. & Nesse, Arvid & Tjotta, Sigve, 1999. "Deregulation of the Nordic power market and environmental policy," Energy Economics, Elsevier, vol. 21(5), pages 417-434, October.

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    More about this item

    Keywords

    Climate change; CO2 permits; numerical equilibrium model;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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