Assessing the role of CDM and JI for the European climate strategy and the European Emissions Trading Scheme

Gernot Klepper and Sonja Peterson

No 331324, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the effects of the current policies in the year 2012 when the Kyoto targets need to be met. Different scenarios are simulated in order to highlight the effects of the grandfathering of permits to energy-intensive installations, the use of the project-based mechanisms (CDM and JI), and the restriction imposed by the supplementarity criterion.

Keywords: Research Methods/Statistical Methods; International Relations/Trade (search for similar items in EconPapers)
Pages: 30
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331324

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