The Future of ETS and CDM in a post-Kyoto World
Sonja Peterson () and
Gernot Klepper
Open Access Publications from Kiel Institute for the World Economy from Kiel Institute for the World Economy (IfW Kiel)
Abstract:
This paper discusses the developments in the markets for CO2 emissions rights since the Kyoto Protocol has been signed. The different emission trading schemes dominated by the ETS of the European Union and the Clean Development mechanism are surveyed. These schemes will need to be incorporated in a Post-Kyoto multilateral agreement. Based on a small model the incentives among developing and developed countries for continuing or transforming the Clean Development Mechanism in the light of a stricter world wide emission control are discussed.
JEL-codes: H77 Q54 Q58 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)
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https://www.econstor.eu/bitstream/10419/37522/1/VfS_2010_pid_157.pdf (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkie:37522
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