G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Endogenous Technology and Tradable Emission Quotas
Michael O Hoel; Rolf Golombek
发表日期2006
出处Climate Change and Sustainable Development
出版年2006
语种英语
摘要We study an international climate agreement that assigns emission quotas to each participating country. Unlike the simplest models in the literature, we assume that abatement costs are affected by R&D activities undertaken in all firms in all countries, i.e. abatement technologies are endogenous. In line with the Kyoto agreement we assume that the international climate agreement does not include R&D policies. We show that for a second-best agreement, marginal costs of abatement should exceed the Pigovian level. Moreover, marginal costs of abatement differ across countries in the second-best quota agreement with heterogeneous countries. In other words, the second-best outcome cannot be achieved if emission quotas are tradable.
特色分类H23,O30,Q20,Q25,Q28
关键词Climate Policy,International Climate Agreements,Emission Quotas,Technology Spillovers
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/endogenous-technology-and-tradable-emission-quotas/
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/117305
推荐引用方式
GB/T 7714
Michael O Hoel,Rolf Golombek. Endogenous Technology and Tradable Emission Quotas. 2006.
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