IDEAS home Printed from https://ideas.repec.org/p/cns/cnscwp/200102.html
   My bibliography  Save this paper

Kyoto Commitment And Emissions Trading: A European Union Perspective

Author

Listed:
  • U. Ciorba
  • A. Lanza
  • F. Pauli

Abstract

This paper presents an estimation of the cost of reducing CO2 emissions as agreed in Kyoto by Annex I countries. Unlike most of the existing literature, this paper focuses on European Union countries abatement costs and, using a simple model, estimates the role of each EU country within a EU market as well as an Annex 1 market. As a major result, marginal (and total) abatement costs for each EU country (as well as the EU total cost) are presented. Some conclusions on the redistribution of income among market participants related to the trading system are also shown.

Suggested Citation

  • U. Ciorba & A. Lanza & F. Pauli, 2001. "Kyoto Commitment And Emissions Trading: A European Union Perspective," Working Paper CRENoS 200102, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    • Handle: RePEc:cns:cnscwp:200102
    as

    Download full text from publisher

    File URL: https://crenos.unica.it/crenos/node/162
    Download Restriction: no
    File URL: https://crenos.unica.it/crenos/sites/default/files/wp/01-02.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Henry D. Jacoby & Richard S. Eckaus & Denny A. Ellerman & Ronald G. Prinn & David M. Reiner & Zili Yang, 1997. "CO2 Emissions Limits: Economic Adjustments and the Distribution of Burdens," The Energy Journal, , vol. 18(3), pages 31-58, July.
    2. Warwick J McKibbin & Robert Shackleton & Peter J Wilcoxen, 1998. "The Potential Effects of International Carbon Emissions Permit Trading," Departmental Working Papers 1998-09, The Australian National University, Arndt-Corden Department of Economics.
    3. Warwick J. McKibbin & Robert Shackleton & Peter J. Wilcoxen, 1998. "The Potential Effects of International Carbon Emissions Permit Trading Under the Kyoto Protocol," Economics and Environment Network Working Papers 9805, Australian National University, Economics and Environment Network.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Valeria Costantini & Francesco Gracceva, 2006. "The Kyoto Protocol and the European Emissions Trading Scheme," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
    2. R. Naylor, 2001. "Industry profits and market size under bilateral oligopoly," Working Paper CRENoS 200108, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    3. R. Naylor, 2001. "Firm profits and the number of firms under unionised oligopoly," Working Paper CRENoS 200109, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Farhana Yamin & Jean-Marc Burniaux & Andries Nentjes, 2001. "Kyoto Mechanisms: Key Issues for Policy-makers for COP-6," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 1(2), pages 187-218, April.
    2. Edwin Woerdman & Wytze van der Gaast, 2001. "Project-Based Emissions Trading: The Impact of Institutional Arrangements on Cost-Effectiveness," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 6(2), pages 113-154, June.
    3. Fr�d�ric Ghersi & Jean-Charles Hourcade & Patrick Criqui, 2003. "Viable responses to the equity-responsibility dilemma: a consequentialist view," Climate Policy, Taylor & Francis Journals, vol. 3(sup1), pages 115-133, November.
    4. Jean Charles Hourcade & Frédéric Ghersi & Patrick Criqui, 2003. "Viable Responses to the equity-responsability dilemna : a consequentialist view," Working Papers halshs-00000965, HAL.
    5. Ghersi, Frederic & Hourcade, Jean-Charles, 2001. "The Economics of a Lost Deal," RFF Working Paper Series dp-01-48-, Resources for the Future.
    6. Perrels, Adriaan, 2000. "Greenhouse Gas Policy Questions and Socio-economic Research Implications for Finland in a National and International Context," Discussion Papers 222, VATT Institute for Economic Research.
    7. Michael Toman, 1998. "Research Frontiers in the Economics of Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 603-621, April.
    8. Liu, Xuemei, 2008. "The monetary compensation mechanism: An alternative to the clean development mechanism," Ecological Economics, Elsevier, vol. 66(2-3), pages 289-297, June.
    9. Bruvoll, Annegrete & Faehn, Taran, 2006. "Transboundary effects of environmental policy: Markets and emission leakages," Ecological Economics, Elsevier, vol. 59(4), pages 499-510, October.
    10. Babiker, Mustafa & Reilly, John & Ellerman, Denny, 2000. "Japanese Nuclear Power and the Kyoto Agreement," Journal of the Japanese and International Economies, Elsevier, vol. 14(3), pages 169-188, September.
    11. Qu, Jiansheng & Zeng, Jingjing & Li, Yan & Wang, Qin & Maraseni, Tek & Zhang, Lihua & Zhang, Zhiqiang & Clarke-Sather, Abigail, 2013. "Household carbon dioxide emissions from peasants and herdsmen in northwestern arid-alpine regions, China," Energy Policy, Elsevier, vol. 57(C), pages 133-140.
    12. Hoel,M., 2001. "Domestic inefficiencies caused by transboundary pollution problems when there is no international coordination of environmental policies," Memorandum 17/2001, Oslo University, Department of Economics.
    13. Sergey PALTSEV & John REILLY & Trent YANG, 2010. "Air Pollution Health Effects: Toward an Integrated Assessment," EcoMod2004 330600109, EcoMod.
    14. Grubb, Michael, 2001. "Who's afraid of atmospheric stabilisation? Making the link between energy resources and climate change," Energy Policy, Elsevier, vol. 29(11), pages 837-845, September.
    15. Ian Sue Wing, 2000. "Limiting CO2 Emissions in a Federal System: Understanding and Mitigating the Cost of U.S. Climate Policy At the State Level," Regional and Urban Modeling 283600093, EcoMod.
    16. Iain Fraser & Robert Waschik, 2010. "The Double Dividend Hypothesis in a CGE Model: Specific Factors and Variable Labour Supply," Working Papers 2010.02, School of Economics, La Trobe University.
    17. Webster, Mort & Paltsev, Sergey & Reilly, John, 2010. "The hedge value of international emissions trading under uncertainty," Energy Policy, Elsevier, vol. 38(4), pages 1787-1796, April.
    18. Annegrete Bruvoll & Taran Fæhn & Birger Strøm, 2003. "Quantifying Central Hypotheses on Environmental Kuznets Curves for a Rich Economy: A Computable General Equilibrium Study," Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(2), pages 149-173, May.
    19. Sergey Paltsev & John M. Reilly & Henry D. Jacoby & Angelo C. Gurgel & Gilbert E. Metcalf & Andrei P. Sokolov & Jennifer F. Holak, 2007. "Assessment of U.S. Cap-and-Trade Proposals," NBER Working Papers 13176, National Bureau of Economic Research, Inc.
    20. Huifang Tian & John Whalley, 2009. "Level versus Equivalent Intensity Carbon Mitigation Commitments," NBER Working Papers 15370, National Bureau of Economic Research, Inc.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cns:cnscwp:200102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CRENoS (email available below). General contact details of provider: https://edirc.repec.org/data/crenoit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.