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Intensity targets: implications for the economic uncertainties of emissions trading

In: Economics and Management of Climate Change

Author

Listed:
  • Sonja Peterson

    (Kiel Institute for World Economics)

Abstract

Intensity targets that adjust to economic growth are discussed as one option to control greenhouse gas emissions without strongly affecting economic growth and with less uncertain economic cost than absolute targets. Intensity targets are especially promoted for developing countries but also increasingly for a general climate agreement for the Post-Kyoto period. The aim of this paper is to put the existing theoretical and empirical results about intensity targets and uncertainty into perspective and to augment them by additional data and findings. This allows initial conclusions to be derived and open research questions to be identified.

Suggested Citation

  • Sonja Peterson, 2008. "Intensity targets: implications for the economic uncertainties of emissions trading," Springer Books, in: Bernd Hansjürgens & Ralf Antes (ed.), Economics and Management of Climate Change, pages 97-110, Springer.
    • Handle: RePEc:spr:sprchp:978-0-387-77353-7_8
    DOI: 10.1007/978-0-387-77353-7_8
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    Citations

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    Cited by:

    1. Shreekar Pradhan & S. Holladay & M. Mohsin, 2017. "Environmental Policy Instruments Response to Trade Shocks," EcoMod2017 10233, EcoMod.
    2. Fischer, Carolyn & Springborn, Michael, 2011. "Emissions targets and the real business cycle: Intensity targets versus caps or taxes," Journal of Environmental Economics and Management, Elsevier, vol. 62(3), pages 352-366.
    3. Marschinski, Robert & Edenhofer, Ottmar, 2010. "Revisiting the case for intensity targets: Better incentives and less uncertainty for developing countries," Energy Policy, Elsevier, vol. 38(9), pages 5048-5058, September.
    4. Jinhua Zhao, 2022. "Aggregate emission intensity targets: Applications to the Paris Agreement," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1875-1897, October.
    5. J. Scott Holladay & Mohammed Mohsin & Shreekar Pradhan, 2019. "Environmental Policy Instrument Choice and International Trade," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(4), pages 1585-1617, December.

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