| 来源类型 | Monograph (IIASA Interim Report) |
| 规范类型 | 报告 |
| Trading Flexibility for Predictability - Differential Emission Dynamics and the Formation of Common Carbon Markets. | |
| Obersteiner M; Jonas M; Nilsson S; Shvidenko A; Gluck M | |
| 发表日期 | 2000 |
| 出版者 | IIASA, Laxenburg, Austria: IR-00-063 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | The Kyoto Protocol was a success in the sense that it established legally binding commitments to reduce carbon emissions for a very specific set of actions and a specific set of actions and a specific set of countries - emission reduction of Annex B sources (mainly combustion of fossil fuels) in industrialized countries. However, the Protocol failed to establish a comprehensive set of markets of full geographic (all countries) and full structural coverage (all sources of GHGs). In this paper, we argue that it is mainly the economic and technological dissimilarity between carbon systems (e.g., country specific fossil fuel emissions, regional terrestrial methane fluxes to the atmosphere) that impede the formation of a single global GHG market covering all sources. It appears that the international realpolitik requires second best (worst) solutions in order to be agreeable to all potential parties. This paper discusses a methodology of developing such a solution by forming Common Carbon Market Systems (CCMS), which is an analogy to the existing international trading blocks. An optimal emission target for a specific carbon system functions as a measure to assign membership in such a trading block. It reflects the carbon systems specific dynamics and the related uncertainties. In this paper, we argue that clusters of similar GHG emission patterns expressed by similar targets will find themselves more willing to establish common rules among themselves than in one global market, since the winner-loser gap can drastically be reduced within a CCMS and the established market rules will better fit the dynamics of the respective carbon systems. Furthermore, products to be traded in a CCMS will be more readily identified, more comparable, and thus markets of CCMS will be more transparent and predictable. We conclude that in a post-Kyoto world CCMS might be instrumental in increasing the participation in, the comprehensiveness and finally the effectiveness of, international actions to combat global climate change. However, we will have to live with some efficiency losses. |
| 主题 | Forestry (FOR) |
| URL | http://pure.iiasa.ac.at/id/eprint/6183/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/124961 |
| 推荐引用方式 GB/T 7714 | Obersteiner M,Jonas M,Nilsson S,et al. Trading Flexibility for Predictability - Differential Emission Dynamics and the Formation of Common Carbon Markets.. 2000. |
| 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 | ||
| IR-00-063.pdf（115KB） | 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。
