The Kyoto Protocol and its Carbon Market

Graciela Chichilnisky and Peter Bal

Chapter 4 in Reversing Climate Change:How Carbon Removals can Resolve Climate Change and Fix the Economy, 2020, pp 62-95 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The Kyoto Protocol creates incentives for new technology and has the potential to change the way we use energy and resolve global warming. It breaks new ground. It is important to remember that it is the first international agreement based on the creation of a new global market, a market for trading rights to use the planet’s atmosphere…

Keywords: COP21; Climate Change; UNFCCC; Carbon Negative Technology (search for similar items in EconPapers)
JEL-codes: Q54 (search for similar items in EconPapers)
Date: 2020
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