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The Kyoto Protocol: a cost-effective strategy for meeting environmental objective?: discussion

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  • Zhang, ZhongXiang

Abstract

This is an invited discussion on the Manne and Richels’ paper “The Kyoto Protocol: A Cost-Effective Strategy for Meeting Environmental Objective”. It focuses on four issues or questions: distributional realities of the international climate change negotiations, correspondence between geopolitical regional aggregates in MERGE and Annex B countries, implications of the autonomous energy efficiency improvement rates assumed in MERGE on the income elasticity of energy consumption, and market power in an international greenhouse gas emissions trading scheme.

Suggested Citation

  • Zhang, ZhongXiang, 1999. "The Kyoto Protocol: a cost-effective strategy for meeting environmental objective?: discussion," MPRA Paper 14049, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:14049
    as

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    File URL: https://mpra.ub.uni-muenchen.de/14049/1/MPRA_paper_14049.pdf
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    References listed on IDEAS

    as
    1. ZhongXiang Zhang, 1998. "The Economics of Energy Policy in China," Books, Edward Elgar Publishing, number 1291.
    2. ZhongXiang Zhang, 2000. "The Design and Implementation of an International Trading Scheme for Greenhouse Gas Emissions," Environment and Planning C, , vol. 18(3), pages 321-337, June.
    3. Alan S. Manne & Richard G. Richels, 1999. "The Kyoto Protocol: A Cost-Effective Strategy for Meeting Environmental Objectives?," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 1-23.
    4. Richels, Richard & Edmonds, Jae, 1995. "The economics of stabilizing atmospheric CO2 concentrations," Energy Policy, Elsevier, vol. 23(4-5), pages 373-378.
    5. Zhang, ZhongXiang, 1998. "Greenhouse gas emissions trading and the world trading system," MPRA Paper 12971, University Library of Munich, Germany.
    6. Robert N. Stavins, 1998. "What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 69-88, Summer.
    Full references (including those not matched with items on IDEAS)

    Citations

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    as


    Cited by:

    1. Zhang, Zhong Xiang, 2001. "Why has the energy intensity fallen in China's industrial sector in the 1990s?: the relative importance of structural change and intensity change," CDS Research Reports 200111, University of Groningen, Centre for Development Studies (CDS).

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    More about this item

    Keywords

    International climate negotiations; energy efficiency; MERGE; market power; emissions trading;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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