International and European market mechanisms in the climate change agenda--An assessment of their potential to trigger investments in the Mediterranean solar plan

Andrew Janis Folkmanis

Energy Policy, 2011, vol. 39, issue 8, 4490-4496

Abstract: The idea to use the sun of the Sahara for European energy needs is simple to conceive, but not so simple to implement. This article reviews one tool in the arsenal of methods to come nearer to that goal--virtual trading using flexibility mechanisms. Flexibility mechanisms are established under the Kyoto Protocol and available in EU legislation. But restrictions exist and market forces, mostly generated by national emissions reduction obligations under climate policy, do not necessarily act in favor of renewable energy imports into Europe. The paper assesses the current situation, in view of EU member states' recently published positions on the use of flexibility mechanisms for cross-border trade.

Keywords: Climate; change; Flexibility; mechanisms; Mediterranean; Solar; Plan (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421511000243
Full text for ScienceDirect subscribers only

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:eee:enepol:v:39:y:2011:i:8:p:4490-4496

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().