Fossile Energiepolitik jenseits von Kyoto

Reto Schleiniger and Stefan Felder

No 78, IEW - Working Papers from Institute for Empirical Research in Economics - University of Zurich

Abstract: Given the USA`s refusal to ratify there is little hope for the Kyoto agreement on curbing CO2 emissions. This paper thus pledges for a national energy policy beyond Kyoto based on local external effects stemming from the combustion of fossil fuels. Due to varying external effects a national policy will differentiate energy taxes between fuels. Using Swiss estimates of external effects it is shown that a national policy would fulfill the Kyoto goal as a secondary benefit. Moreover, a nationally based fossil fuel policy would affect the scope for an international trade of CO2 emission rights, as a net-buyer of emission rights will loose from participating in such a trade.

Keywords: Energy policy; environmental taxes; international CO2-trade (search for similar items in EconPapers)
JEL-codes: F19 H23 Q48 (search for similar items in EconPapers)
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