| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Is Kyoto Fatally Flawed? An Analysis with MacGEM | |
| Johan Eyckmans; Denise Van Regemorter; Vincent Van Steenberghe | |
| 发表日期 | 2002 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | In this paper we present some numerical simulations with the MacGEM model to evaluate the consequences of the recent Marrakesh agreements and the defection of the USA for the Kyoto Protocol. MacGEM is a global marginal abatement cost model for carbon emissions from fossil fuel use based on the GEM-E3-World general equilibrium. Nonparticipation of the USA causes the equilibrium carbon price in Annex B countries to fall by approximately 50% since an important share of permit demand falls out. Carbon sinks enhancement activities enable Parties to fulfil their reduction commitment at lower compliance costs and cause the equilibrium permit price to decrease by 40%. Finally, it is shown that the former Soviet Union and central European countries have substantial monopoly power in the Kyoto carbon permit market. We conclude that the recent accords have eroded completely the Kyoto Protocol's emission targets but that they have the merit to have saved the international climate change negotiation framework. |
| 特色分类 | H0,H2,H3 |
| 关键词 | Environmental economics,climate change,permit trade,Kyoto Protocol,carbon sinks |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/is-kyoto-fatally-flawed-an-analysis-with-macgem/ |
| 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/116755 |
| 推荐引用方式 GB/T 7714 | Johan Eyckmans,Denise Van Regemorter,Vincent Van Steenberghe. Is Kyoto Fatally Flawed? An Analysis with MacGEM. 2002. |
| 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 | ||
| NDL2002-043.pdf（787KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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