The Clean Development Mechanism and Its Controversies

Larry Karp

Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley

Abstract: The Clean Development Mechanism (CDM) has been proposed as a means of reducing the costs of abating greenhouse gasses, and for assisting developing countries. Although the CDM offers apparent environmental benefits, in addition to benefiting both investors and developing country hosts, it has generated considerable controversy. We review and evaluate the arguments surrounding the CDM and we provide new empirical evidence concerning its potential benefits.

Keywords: Nonrenewable resources; Cake-eating models; Migration; Comparative dynamics (search for similar items in EconPapers)
Date: 2004-06-01
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Related works:
Working Paper: The Clean Development Mechanism and its Controversies (2000)
Working Paper: The Clean Development Mechanism and its Controversies (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:agrebk:qt7h93z3b9

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