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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Carbon Emissions Trading and Equity in International Agreements | |
Francesco Bosello; Roberto Roson | |
发表日期 | 1999 |
出处 | Climate Change and Sustainable Development |
出版年 | 1999 |
语种 | 英语 |
摘要 | An integrated assessment model is used to simulate the introduction of various emissions trading schemes based on the Kyoto protocol on the reduction of greenhouse emissions. The implications of the various systems in terms of income distribution are illustrated, and it is claimed that the issue of equity should not be regarded as independent of the issue of market efficiency. In particular, in this paper it is shown that (1) changes produced on an equity index by the imposition of emission constraints (by country) are not significantly higher than those obtained by the subsequent introduction of a market mechanism, and (2) that the different market regimes which could be adopted have quite different distributional implications. These results are interpreted as a direct consequence of the fact that a competitive market equilibrium is equivalent to a centralised social welfare maximisation in which the function to be maximised, however, normally differs from the social function used to define equity objectives. |
特色分类 | C5,F1,F4 |
关键词 | Equity/Efficiency,Emissions Trading,Banking,Flexibility mechanisms,International environmental agreements,Kyoto,Integrated Assessment Modelling |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/carbon-emissions-trading-and-equity-in-international-agreements/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116449 |
推荐引用方式 GB/T 7714 | Francesco Bosello,Roberto Roson. Carbon Emissions Trading and Equity in International Agreements. 1999. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL1999-057.pdf(222KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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