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Kyoto-Mechanismen und globaler Klimaschutz: Die Rolle handelbarer Emissionsrechte

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  • Bayer, Stefan
  • Cansier, Dieter

Abstract

We analyze the Kyoto-mechanisms with respect to their possible impacts on the fulfillment of each country's reduction obligation and cost-efficiency. We conclude that an emissions trading system cannot be realized because it demands global harmonization of environmental policy in all countries. Joint implementation- and clean development mechanism-measures as well as bubbles can be used to slightly align different marginal abatement costs. However, our analysis shows complications when the clean development mechanism is used. These lead to an unsolvable conflict between the global reduction target and cost-efficiency. On the whole, the lion's share of the committed emissions reductions has to be undertaken in each Annex-B-country domestically.

Suggested Citation

  • Bayer, Stefan & Cansier, Dieter, 1999. "Kyoto-Mechanismen und globaler Klimaschutz: Die Rolle handelbarer Emissionsrechte," Tübinger Diskussionsbeiträge 163, University of Tübingen, School of Business and Economics.
    • Handle: RePEc:zbw:tuedps:163
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    Cited by:

    1. Manfred Stadler & Rüdiger Wapler, 2004. "Endogenous Skilled-biased Technological Change and Matching Unemployment," Journal of Economics, Springer, vol. 81(1), pages 1-24, January.
    2. Fritz Rahmeyer, 2004. "Europaeische Klimapolitik mit handelbaren Emissionslizenzen," Discussion Paper Series 257, Universitaet Augsburg, Institute for Economics.
    3. Herrmann Marco, 2003. "Der geplante Handel mit Treibhausgas-Emissionsberechtigungen in der Europäischen Union," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 223(3), pages 365-373, June.
    4. Stadler, Manfred, 2003. "Innovation and growth: The role of labor-force qualification," Tübinger Diskussionsbeiträge 255, University of Tübingen, School of Business and Economics.

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