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

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)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/3466/1/kap1238.pdf (application/pdf)

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)
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:zbw:ifwkwp:1238

Access Statistics for this paper

More papers in Kiel Working Papers from Kiel Institute for the World Economy Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().