Dynamic carbon caps. Splitting the bill: A fairer solution post-Kyoto?
Will Catton
Energy Policy, 2009, vol. 37, issue 12, 5636-5649
Abstract:
A dynamic carbon cap scheme is described and illustrated using a future growth scenario. This scheme, called a "bill-splitting dynamic carbon cap," uses national carbon caps that change in a manner designed to distribute burden equitably, and at the same time to encourage and feed off economic growth. This is achieved by distributing emission-reduction obligations away from the growers, and onto the emitters. The global emission-reduction response is thereby pegged to global growth.
Keywords: Environmental; policy; Climate; change; Future; commitments (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:37:y:2009:i:12:p:5636-5649
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