Gateway to Think Tanks
来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Delayed Participation of Developing Countries to Climate Agreements: Should Action in the EU and US be Postponed? | |
Valentina Bosetti; Carlo Carraro; Massimo Tavoni | |
发表日期 | 2008 |
出处 | Climate Change and Sustainable Development |
出版年 | 2008 |
语种 | 英语 |
摘要 | This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1) countries decide to delay their GHG emission reductions by 30 years. What would be the cost difference between this scenario and a case in which both developed and developing countries start reducing their emissions at the same time? Then, we look at a scenario in which the timing of developing countries’ participation is uncertain and again we compute the costs of climate policy in developed and developing countries. We find that delayed participation of NA1 countries has a negative impact on climate policy costs. Economic inefficiencies can be as large as 10-25 TlnUSD. However, this additional cost wanes when developing countries are allowed to trade emission reductions from their baseline emission paths during the 30-year delay period. Thus, irrespective of whether NA1 countries are immediately assigned an emission reduction target or not, they should nonetheless be included in a global carbon market. Technology deployment is also affected by the timing of developing countries’ mitigation measures. Delayed NA1-country participation in a climate agreement would scale down the deployment of coal with CCS throughout the century. On the other hand, innovation in the form of energy R&D investments would be positively affected, since it would become crucial in developed countries. Finally, uncertainty about the timing of NA1-country participation does not modify the optimal abatement strategy for developed countries and does not alter policy costs as long as a global carbon market is in place. |
特色分类 | C72,H23,Q25,Q28 |
关键词 | Delayed Action,Climate Policy,Stabilisation Costs,Uncertain Participation |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/delayed-participation-of-developing-countries-to-climate-agreements-should-action-in-the-eu-and-us-be-postponed/ |
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/117595 |
推荐引用方式 GB/T 7714 | Valentina Bosetti,Carlo Carraro,Massimo Tavoni. Delayed Participation of Developing Countries to Climate Agreements: Should Action in the EU and US be Postponed?. 2008. |
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 | ||
NDL2008-070.pdf(236KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。