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Instabilité et options d'encadrement du marché du CO2

Author

Listed:
  • Khalil Helioui
  • Jean-Luc Sellier
  • Frédéric Ghersi

Abstract

Technological, economical, institutional and political factors result in highly uncertain CO 2 control costs. Lessons from the European carbon market and Kyoto scenarios suggest potential detrimental effects on emission reduction incentives and international participation. Our analysis of price stabilization options concludes in favour of two complementary mechanisms: a price cap and so-called green investment schemes (GIS) intended to recycle hot air exports by additional abatements.

Suggested Citation

  • Khalil Helioui & Jean-Luc Sellier & Frédéric Ghersi, 2008. "Instabilité et options d'encadrement du marché du CO2," Revue d'économie industrielle, De Boeck Université, vol. 0(4), pages 71-99.
    • Handle: RePEc:cai:reidbu:rei_124_0071
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