Emissions trading, CDM, JI, and more: The climate strategy of the EU

Gernot Klepper and Sonja Peterson ()

No 1238, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: The objective of this paper is to assess the likely allocation effects of the current cli-mate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the effects of the current policies in the year 2012 when the Kyoto targets need to be met. Different scenarios are simulated in or-der to highlight the effects of the grandfathering of permits to energy-intensive instal-lations, the use of the project-based mechanisms (CDM and JI), and the restriction imposed by the supplementarity criterion.

Keywords: EU; EU emissions trading scheme; National Allocation Plans; CDM and JI; Computable general equilibrium model; DART; Kyoto targets (search for similar items in EconPapers)
JEL-codes: D58 F18 Q48 Q54 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Related works:
Journal Article: Emissions Trading, CDM, JI, and More: The Climate Strategy of the EU (2006)
Working Paper: Emissions trading, CDM, JI, and more: the climate strategy of the EU (2006)
Working Paper: Emissions Trading, CDM, JI, and More – The Climate Strategy of the EU (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1238

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