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Implementing the Kyoto Protocol without Russia

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  • Erik Haites
  • Farhana Yamin
  • Odile Blanchard
  • Claudia Kemfert

Abstract

This paper examines implementation of the Kyoto Protocol without Russia. It concludes that implementation without Russia is possible, although it requires political will on the part of the countries that wish to proceed with the Protocol. It would lead to higher compliance costs for Annex B buyer regions, but other regions, except Russia, would benefit financially. Russia would forego revenue of at least $20 billion for the first commitment period. Implementation without Russia could improve the environmental performance of the Protocol. It would reduce reliance on Annex B sinks, use of surplus assigned amount units (AAUs) for compliance, and the quantity of Kyoto units banked for subsequent commitment periods. Actual emissions by Kyoto Protocol Parties would fall, but the reduction may be offset by leakage to the US and Russia.

Suggested Citation

  • Erik Haites & Farhana Yamin & Odile Blanchard & Claudia Kemfert, 2004. "Implementing the Kyoto Protocol without Russia," Climate Policy, Taylor & Francis Journals, vol. 4(2), pages 143-152, June.
    • Handle: RePEc:taf:tcpoxx:v:4:y:2004:i:2:p:143-152
    DOI: 10.1080/14693062.2004.9685517
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    References listed on IDEAS

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    1. Bjart J. Holtsmark & Knut H. Alfsen, 2004. "Implementation of the Kyoto Protocol without Russian participation," Discussion Papers 376, Statistics Norway, Research Department.
    2. Odile Blanchard & Patrick Criqui & Alban Kitous, 2002. "After The Hague, Bonn and Marrakech : the future international market for emissions permits and the issue of hot air," Post-Print halshs-00196364, HAL.
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    Cited by:

    1. Carolyn Fischer & Richard D. Morgenstern, 2006. "Carbon Abatement Costs: Why the Wide Range of Estimates?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 73-86.
    2. Jensen, Henning Tarp & Jensen, Hans Grinsted & Gylling, Morten, 2009. "Adoption of GM Food Crop Varieties in the European Union," Conference papers 331886, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Claudia Kemfert, 2007. "The "Bali Convention": Flexibility of Targets and Instruments Inevitable," Discussion Papers of DIW Berlin 729, DIW Berlin, German Institute for Economic Research.

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