The future of the European Emission Trading System and the Clean Development Mechanism in a post-Kyoto world

被引:18
作者
Klepper, Gernot [1 ,2 ]
机构
[1] Kiel Inst World Econ, Kiel, Germany
[2] Kiel Earth Inst, Kiel, Germany
关键词
CDM; Post-Kyoto; Emission trading;
D O I
10.1016/j.eneco.2010.12.014
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper discusses developments in the markets for CO(2) emissions rights since the Kyoto Protocol was signed. The different emissions trading schemes, dominated by the Emission Trading System of the European Union and the Clean Development Mechanism, are surveyed. These schemes will need to be incorporated into any post-Kyoto multilateral agreement. Drawing on a simple model, the paper analyzes the incentives that developing and developed countries face for continuing or transforming the Clean Development Mechanism in the light of future agreements for a worldwide emissions control program. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:687 / 698
页数:12
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