Modelling Economic Impacts of Alternative International Climate Policy Architectures: A Quantitative and Comparative Assessment
Carlo Carraro (),
Alessandra Sgobbi,
Valentina Bosetti and
Massimo Tavoni ()
No 6995, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political acceptability which is measured in terms of feasibility and enforceability. The ultimate aim is to derive useful information for designing a future agreement on climate change control.
Keywords: Climate policy; Integrated modelling; International agreements (search for similar items in EconPapers)
JEL-codes: C72 H23 Q25 Q28 (search for similar items in EconPapers)
Date: 2008-10
New Economics Papers: this item is included in nep-ene and nep-env
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Citations: View citations in EconPapers (2)
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