Zhang, ZhongXiang (1999): The Kyoto Protocol: a cost-effective strategy for meeting environmental objective?: discussion.
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Abstract
This is an invited discussion on the Manne and Richels’ paper “The Kyoto Protocol: A Cost-Effective Strategy for Meeting Environmental Objective”. It focuses on four issues or questions: distributional realities of the international climate change negotiations, correspondence between geopolitical regional aggregates in MERGE and Annex B countries, implications of the autonomous energy efficiency improvement rates assumed in MERGE on the income elasticity of energy consumption, and market power in an international greenhouse gas emissions trading scheme.
Item Type: | MPRA Paper |
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Original Title: | The Kyoto Protocol: a cost-effective strategy for meeting environmental objective?: discussion |
Language: | English |
Keywords: | International climate negotiations; energy efficiency; MERGE; market power; emissions trading |
Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q41 - Demand and Supply ; Prices Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q52 - Pollution Control Adoption and Costs ; Distributional Effects ; Employment Effects Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q54 - Climate ; Natural Disasters and Their Management ; Global Warming Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q43 - Energy and the Macroeconomy Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q58 - Government Policy |
Item ID: | 14049 |
Depositing User: | ZhongXiang Zhang |
Date Deposited: | 14 Mar 2009 02:18 |
Last Modified: | 29 Sep 2019 16:12 |
References: | Cramton, P. and S. Kerr (1998), Tradeable Carbon Allowance Auctions: How and Why to Auction, University of Maryland at College Park. Hargrave, T. (1998), US Carbon Emissions Trading: Description of an Upstream Approach, Center for Clear Air Policy, Washington, DC. Jacoby, H.D., Schmalensee, R. and I.S. Wing (1999), Toward a Useful Architecture for Climate Change Negotiations, MIT Joint Program on the Science and Policy of Global Change, Report No. 49, Massachusetts Institute of Technology. Manne, A. and R. Richels (1997), On Stabilizing CO2 Concentrations: Cost-Effective Emission Reduction Strategies, Environmental Modeling and Assessment, Vol. 2, No. 4, pp. 251-265. Manne, A. and R. Richels (1999), The Kyoto Protocol: A Cost-Effective Strategy for Meeting Environmental Objective?, Presented at the Intergovernmental Panel on Climate Change Working Group III Expert Meeting on the Economic Impacts of Annex I Mitigation Policies on Non-Annex I Countries, The Hague, 27-28 May. Richels, R. and J. Edmonds (1995), The Economics of Stabilizing atmospheric CO2 Concentrations, Energy Policy, Vol. 23, Nos. 4/5, pp. 373-378. Stavins, R.N. (1998), What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading, Journal of Economic Perspective, Vol. 12, No. 3, pp. 69-88. UNFCCC (1997), Summary of the Report of the In-Depth Review of the National Communication of Russian Federation, United Nations Framework Convention on Climate Change (UNFCCC), FCCC/IDR.1(SUM)/RUS, Bonn. Wigley, T.M.L., Richels, R. and J.A. Edmonds (1996), Economic and Environmental Choices in the Stabilization of atmospheric CO2 Concentrations, Nature, Vol. 379, No. 6562, pp. 240-243. World Bank (1996), World Development Report 1996, Oxford University Press, New York. Yang, Z. and H.D. Jacoby (1999), Necessary Conditions for Stabilization Agreements, in C. Carraro (ed.), International Environments on climate Change, Kluwer, Dordrecht. Zhang, Z.X. (1997), The Economics of Energy Policy in China: Implications for Global Climate Change, New Horizons in Environmental Economics Series, Edward Elgar, England. Zhang, Z.X. (1998), Greenhouse Gas Emissions Trading and the World Trading Systems, Journal of World Trade, Vol. 32, No. 5, pp. 219-239. Zhang, Z.X. (2000), The Design and Implementation of an International Scheme for Greenhouse Gas Emissions, Environment and Planning C: Government and Policy, Vol. 18, No. 3, pp. 321-337. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/14049 |