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The effects on developing countries of the Kyoto Protocol and CO₂ emissions trading

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dc.contributor Ellerman, A. Denny.
dc.contributor Jacoby, Henry D.
dc.contributor Decaux, Annelène.
dc.date 2003-10-24T14:56:58Z
dc.date 2003-10-24T14:56:58Z
dc.date 1998-11
dc.date.accessioned 2013-10-09T02:31:38Z
dc.date.available 2013-10-09T02:31:38Z
dc.date.issued 2013-10-09
dc.identifier no. 41
dc.identifier http://mit.edu/globalchange/www/abstracts.html#a41
dc.identifier http://hdl.handle.net/1721.1/3607
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/1721
dc.description This paper examines the effect of the Kyoto Protocol on developing economies using marginal abatement curves generated by MIT's Emissions Prediction and Policy Assessment model (EPPA). In particular, the paper addresses how developing countries are affected by the scope of CO2 emissions trading, by various limitations that Annex I countries might place on emissions trading, by the nature of the Clean Development Mechanism, and by changes in the international trade flows in conventional goods and services. In general, it is found that developing countries benefit from emissions trading, both from the new export opportunities and by the lesser distortion of Annex I economies. This effect is particularly pronounced for energy exporting countries since Annex I countries are able to substitute cheaper reductions of coal emissions in developing countries for more expensive reductions of oil emissions within Annex I. The paper also highlights the implications of the apparent inelastic demand for tradable permits from non-Annex I countries and the conflict between revenue maximization and other goals assigned to the Clean Development Mechanism.
dc.description Includes bibliographical references (p. 22-23).
dc.description Abstract in HTML and technical report in HTML and PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/)
dc.format 42 p.
dc.format 265170 bytes
dc.format application/pdf
dc.language eng
dc.publisher MIT Joint Program on the Science and Policy of Global Change
dc.relation Report no. 41
dc.subject QC981.8.C5 M58 no.41
dc.title The effects on developing countries of the Kyoto Protocol and CO₂ emissions trading


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