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Distributional Consequences of Alternative Emissions Trading Schemes

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Efficiency and Equity of Climate Change Policy

Abstract

Issues of equity and fairness have been much debated in the context of the international agreements on the reduction of greenhouse gases, especially before, during and after the negotiations for the Kyoto Protocol. This relates to the fact that a high proportion of the current C02 emissions are produced by developed countries, and to the fact that the costs of abatement, technology change and control are often too high to be afforded by Third World nations. By consequence, emissions limits have been set for only a limited number of industrialized countries.

This work has been realized within the FEEM working group on Integrated Assessment Modelling. Members of this group, including Paolo Buonanno, Carlo Carraro, Efrem Castelnuovo, Marzio Galeotti, Michèle Moretto and the authors, have contributed with useful comments and suggestions. Remaining errors, however, are the sole responsibility of the authors of the paper. We are grateful to Z. Yang who kindly provided the RICE model.

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Bosello, F., Roson, R. (2000). Distributional Consequences of Alternative Emissions Trading Schemes. In: Carraro, C. (eds) Efficiency and Equity of Climate Change Policy. Fondazione Eni Enrico Mattei (FEEM) Series on Economics, Energy and Environment, vol 15. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-9484-4_13

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  • DOI: https://doi.org/10.1007/978-94-015-9484-4_13

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-90-481-5439-5

  • Online ISBN: 978-94-015-9484-4

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