Aggregate Emission Intensity Targets: Applications to the Paris Agreement

Jinhua Zhao

No 813, ADBI Working Papers from Asian Development Bank Institute

Abstract: We compare aggregate emission intensity, quantity, and price targets adopted at the national level but implemented cost effectively at the firm level. We obtain simple ranking conditions that depend on the slope ratio of marginal emission damage and marginal abatement cost curves, and threshold parameters determined by the variance and covariance of GDP and business-as-usual emission. We apply the ranking conditions to the top 12 carbon dioxide emitters with specific greenhouse gas targets in the Paris Agreement, and obtain a robust result that intensity targets dominate quantity targets for most of these nations.

Keywords: aggregate intensity target; quantity target; price target; climate change; INDC; Paris Agreement (search for similar items in EconPapers)
JEL-codes: Q58 (search for similar items in EconPapers)
Pages: 52 pages
Date: 2018-03-01
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.adb.org/sites/default/files/publication/403916/adbi-wp813.pdf Full text (application/pdf)

Related works:
Journal Article: Aggregate emission intensity targets: Applications to the Paris Agreement (2022)
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:ris:adbiwp:0813

Access Statistics for this paper

More papers in ADBI Working Papers from Asian Development Bank Institute Kasumigaseki Building 8F, 3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo 100-6008, Japan. Contact information at EDIRC.
Bibliographic data for series maintained by ADB Institute ().