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Flexible Mechanisms for an Efficient Climate Policy

Cost Saving Policies and Business Opportunities

Physica,
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Kurzbeschreibung

Proceedings of an International Conference held at Stuttgart, Germany, July 27-28, 1999

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Schlagworte
Hauptbeschreibung

Titel: Flexible Mechanisms for an Efficient Climate Policy
Autoren/Herausgeber: Karl Ludwig Brockmann, Marcus Stronzik (Hrsg.)
Aus der Reihe: ZEW Economic Studies
Ausgabe: Softcover reprint of the original 1st ed. 2000

ISBN/EAN: 9783790813142

Seitenzahl: 130
Format: 23,5 x 15,5 cm
Produktform: Taschenbuch/Softcover
Gewicht: 240 g
Sprache: Englisch

In the Kyoto Protocol to the UN Framework Convention on Climate Change, industrialized countries agreed on binding absolute targets for greenhouse gas emissions and on the admission of flexible market-economy instruments - such as emissions trading, joint implementation and the clean development mechanism - used for reaching the targets. The contributions in this volume reveal that flexible instruments can lower the costs of climate protection considerably - not only in theory, but also in practice. Concerning implementation, it will be necessary to take care of possible loopholes, uncertainties and transaction costs which may be too high if no proper design is chosen.

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