G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
Matthew Ranson; Robert N. Stavins
发表日期2012
出处Climate Change and Sustainable Development
出版年2012
语种英语
摘要The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions reductions at reasonable cost. We evaluate one important component of potential climate policy architecture for the post-Durban era: links among independent tradable permit systems for greenhouse gases. Because linkage reduces the cost of achieving given targets, there is tremendous pressure to link existing and planned cap-and-trade systems, and in fact, a number of links already or will soon exist. We draw on recent political and economic experience with linkage to evaluate potential roles that linkage may play in post-Durban international climate policy, both in a near-term, de facto architecture of indirect links between regional, national, and sub-national cap-and-trade systems, and in longer-term, more comprehensive bottom-up architecture of direct links. Although linkage will certainly help to reduce long-term abatement costs, it may also serve as an effective mechanism for building institutional and political structure to support a future climate agreement.
特色分类Q540;Q580;Q400;Q480
关键词Global Climate Change Market-Based Instruments Cap-and-Trade Carbon Pricing Carbon Taxes Linkage International Climate Policy Architecture
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/post-durban-climate-policy-architecture-based-on-linkage-of-cap-and-trade-systems/
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/118079
推荐引用方式
GB/T 7714
Matthew Ranson,Robert N. Stavins. Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems. 2012.
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