Kyoto and technology at the European Union: costs of emission reduction under flexibility mechanisms and technology progress

Pantelis Capros and Leonidas Mantzos

International Journal of Global Energy Issues, 2000, vol. 14, issue 1/2/3/4, 169-183

Abstract: This paper presents the analysis of the consequences of CO₂ emission reduction policies, as derived, in a European Union perspective, from the Kyoto Protocol for the 2010 horizon. The first section provides a thorough assessment, based on the PRIMES model results, of the marginal and total costs of compliance to the Kyoto Protocol for a "no trading" case and for two cases of emission trading, respectively at Annex B level and at world level. The second section deals with the importance of technical change both in the demand and the supply side for the achievement of the Kyoto emission reduction targets. Finally, the paper concludes with the key messages of the analysis.

Keywords: CO 2 emission reduction; Kyoto Protocol; marginal abatement costs; flexibility mechanisms; emission trading; technology change; European Union. (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.inderscience.com/link.php?id=4352 (text/html)
Access to full text is restricted to subscribers.

Related works:
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:ids:ijgeni:v:14:y:2000:i:1/2/3/4:p:169-183

Access Statistics for this article

More articles in International Journal of Global Energy Issues from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().