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Rules for the global environment

Horst Siebert

No 1422, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: The paper looks at the global environment as a public good and as a sink for CO2-emissions. It discusses problems to be solved in institutional arrangements to protect global environmental media and looks at criteria for allocating the costs of emission reduction and emission rights. It analyzes institutional mechanisms that stabilize CO2-agreements and reviews the Kyoto Protocol, the perspectives for its successor and EU emission trading. The paper also reviews arrangements for biodiversity and existing multilateral arrangements.

Keywords: Global warming; Emission reduction; Emission rights; Institutional Mechanisms; Kyoto Protocol; Post-Bali negotiations; Public good (search for similar items in EconPapers)
JEL-codes: D62 F02 H41 Q02 Q54 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1422

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