| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Meeting the Kyoto Targets: The Importance of Developing Country Participation |
| ZhongXiang Zhang
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| 发表日期 | 2001
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2001
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| 语种 | 英语
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| 摘要 | This paper investigates the implications of progressively broadening the scope of the market of tradable permits from no emissions trading to full global trading. We start with the no emissions trading case where each Annex I country must individually meet its Kyoto targets. Next, we consider a case where trading of emissions permits is limited to Annex I countries only. We then expand the scope of the market to include all the non-Annex I countries but China. Finally, to investigate the role China plays in bringing down Annex I countries' compliance costs, we further broaden the market to include China into full global trading. Our results clearly demonstrate that the gain of the OECD as a whole increases as the market expands. Our results also show that developing countries themselves benefit from such an expansion too because it not only provides them for additional financial resources, but also helps to cut their baseline carbon emissions by a big margin. By contrast, the former Soviet Union tends to become worse off as the market expands. The potential conflict of interest between the former Soviet Union and developing countries underlines the importance of establishing clear rules of procedure about admitting new entrants before emissions trading begins. |
| 特色分类 | Q28,Q25,Q48,Q43
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| 关键词 | Emissions trading,clean development mechanism,greenhouse gases,marginal abatement costs,price of permits
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/meeting-the-kyoto-targets-the-importance-of-developing-country-participation/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116633
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推荐引用方式
GB/T 7714 |
ZhongXiang Zhang. Meeting the Kyoto Targets: The Importance of Developing Country Participation. 2001.
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文件名：
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NDL2001-030.pdf
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格式：
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Adobe PDF
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