Aggregate emission intensity targets: Applications to the Paris Agreement

Jinhua Zhao

Economic Inquiry, 2022, vol. 60, issue 4, 1875-1897

Abstract: We develop the concept of aggregate emission targets, which are cost effectively implemented national emission goals, and welfare rank expected‐emission‐equivalent aggregate emission intensity, quantity, and price targets. As targets become more stringent, it is more likely that the intensity target dominates the quantity target. A higher correlation between a country's gross domestic product and emission intensity favors aggregate intensity over price and quantity targets. Concerns about global welfare favor the aggregate quantity target. Applying the ranking conditions to the top 12 CO2 emitting nations, we obtain a robust finding that aggregate intensity targets dominate quantity targets for most of them.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/ecin.13085

Related works:
Working Paper: Aggregate Emission Intensity Targets: Applications to the Paris Agreement (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ecinqu:v:60:y:2022:i:4:p:1875-1897

Ordering information: This journal article can be ordered from
https://ordering.onl ... s.aspx?ref=1465-7295

Access Statistics for this article

Economic Inquiry is currently edited by Tim Salmon

More articles in Economic Inquiry from Western Economic Association International Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().