Combining policy instruments to curb greenhouse gas emissions

✍ Scribed by Bahn, Olivier

• Publisher: John Wiley and Sons
• Year: 2001
• Tongue: English
• Weight: 90 KB
• Volume: 11
• Category: Article
• ISSN: 0961-0405
• DOI: 10.1002/eet.258

✦ Synopsis

Abstract

The Kyoto Protocol has set greenhouse gas emission reduction targets for selected countries. To comply with these reduction requirements, decision‐makers may use market‐based instruments on a national or international basis. This paper advocates the combining of national emission taxes with international trade of emission permits. As a numerical application, this paper analyses macro‐economic impacts of such a strategy for Switzerland. Copyright © 2001 John Wiley & Sons, Ltd and ERP Environment