Absolute versus intensity-based emission caps

Climate Policy

Volumn 3, Issue SUPP 2, 2003, Pages

  Ellerman, A Denny ^a   Wing, Ian Sue ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b BOSTON UNIVERSITY   (United States)

Author keywords

Caps; Economic output; Greenhouse gas

Indexed keywords

EMISSION CONTROL; EMISSIONS TRADING; GROSS DOMESTIC PRODUCT; REGULATORY APPROACH;

EID: 0348224935     PISSN: 14693062     EISSN: 17527457     Source Type: Journal    
DOI: 10.1016/j.clipol.2003.09.013     Document Type: Article

References (27)

1. Argentina, 1999. Revision of the First National Communication to the U.N. Framework Convention on Climate Change, ARG/COM/2 B.
2. Babiker, M.H., Reilly, J.M., Mayer, M., Eckaus, R.S., Sue Wing, I., Hyman, R.C., 2001a. The MIT Emissions Prediction and Policy Analysis (EPPA) Model: Revisions, Sensitivities, and Comparisons of Results, MIT Joint Program on the Science and Policy of Global Change Report No. 71, Cambridge, MA, USA.
3. Babiker, M.H., Viguier, L., Reilly, J.M., Ellerman, A.D., Criqui, P., 2001b. The Welfare Costs of Hybrid Carbon Policies in the European Union, MIT Joint Program on the Science and Policy of Global Change Report No. 74, Cambridge, MA USA.
4. Barrett, S., 2001. Towards a Better Climate Treaty, Policy Matters 01-29, AEI-Brookings Joint Center for Regulatory Studies, Washington, DC, USA.
5. Barros V.Conte Grand M.Implications of a dynamic target of greenhouse gas emission reduction: the case of Argentina Environ. Dev. Econ. 73 2002 547-569
6. Boehringer, C., Harrison, G.W., Rutherford, T.F., 2002. Sharing the burden of carbon abatement in the European Union, in: Boehringer, C., Loeschel, A. (Eds.), Empirical Modeling of the Economy and the Environment, ZEW Economic Studies, Heidelburg, Germany, pp. 1-27.
7. Boehringer, C., Jensen, J., Rutherford, T.F., 2000. Energy Market projections and differentiated carbon abatement in the European Union, in: Carraro, C. (Ed.), Efficiency and Equity of Climate Change Policy, Kluwer, London, UK, pp.199-220.
8. Boehringer C.Loeschel A.Market power and hot air in international emissions trading: the impacts of US withdrawal from the Kyoto Protocol Appl. Econ. 35 2001 651-663
9. Burniaux, J.-M., Troung, T., 2002. GTAP-E: An Energy-Environmental Version of the GTAP Model, Global Trade Analysis Project Technical Paper No. 16, Purdue, IN, USA.
10. Cooper R.N.Toward a real global warming treaty Foreign Affairs 772 1998 66-79
11. 2 emission reductions, geographical flexibility and concrete ceilings: an assessment using the POLES model Energy Pol. 27 1999 585-601
12. Ellerman, A.D., Decaux, A., 1998. Analysis of Post-Kyoto CO2 Emissions Trading Using Marginal Abatement Curves. Joint Program on the Science and Policy of Global Change Report No. 40, Cambridge, MA, USA.
13. Ellerman A.D.Sue Wing I.Supplementarity: an invitation to monopsony? Energy J. 214 2000 29-59
14. Frankel, J., 1999. Greenhouse Gas Emissions, Bookings Institution Policy Brief No. 52, Washington, DC, USA.
15. Hahn, R.W., Stavins, R.N., 1999. What Has the Kyoto Protocol Wrought? The Real Architecture of International Tradable Permit Markets, American Enterprise Institute Press, Washington, DC, USA.
16. Hertel, T.W. (Ed.), 1997. Global Trade Analysis: Modeling and Applications, Cambridge University Press, New York, USA.
17. 2 emissions limits: economic adjustments and the distribution of Burdens Energy J. 183 1997 31-58
18. Jacoby, H.D., Schmalensee, R., Sue Wing, I., 1998. Toward a useful architecture for climate negotiations. In: Proceedings of the OECD Workshop on the Economic Modeling of Climate Change, Paris, France, 17-18 September, pp. 283-306.
19. Jacoby, H.D., Ellerman, A.D., 2002. The Safety Valve and Climate Policy, MIT Joint Program on the Science and Policy of Global Change Report No. 83, Cambridge, MA, USA.
20. Morgenstern, R., 2002. Reducing Carbon Emissions and Limiting Costs, in US Policy on Climate Change: What Next? Aspen Institute, Aspen, CO, pp. 165-176.
21. Newell R.G.Pizer W.A.Regulating stock externalities under uncertainty J. Environ. Econ. Manage. 45 2003 416-442
22. Reiner, D.M., Jacoby, H.D., 1997. Annex I Differentiation Proposals: Implications for Welfare, Equity and Policy, Joint Program on the Science and Policy of Global Change Report No. 27, Cambridge, MA, USA.
23. Rosenzweig, R., Varilek, M., 2003. Key Issues to be Considered in the Development of Rate-Based Emissions Trading Programs: Lessons Learned from Past Programs, paper presented at the EPRI Workshop, April 29, Vancouver, BC, Canada.
24. Viguier, L., Babiker, M.H., Reilly, J.M., 2001. Carbon Emissions and The Kyoto Commitment in the European Union, MIT Joint Program on the Science and Policy of Global Change Report No. 70, Cambridge, MA, USA.
25. Weitzman M.L.Prices vs. quantities Rev. Econ. Stud. 414 1974 477-491
26. White House, 2002. US Climate Strategy: A New Approach, Policy Briefing Book, Washington, DC, USA, 14 February.
27. World Bank, 1994. World Population Projections 1994-1995: Estimates and Projections, Johns Hopkins University Press, Baltimore, USA.