๐”– Bobbio Scriptorium
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Transaction costs and the transition to environmentally sustainable development

โœ Scribed by Edward B. Barbier


Book ID
119233194
Publisher
Elsevier
Year
2011
Tongue
English
Weight
254 KB
Volume
1
Category
Article
ISSN
2210-4224

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Transaction costs and institutional rigidities will reduce the attractiveness of the Kyoto Protocol flexibility mechanisms compared to domestic greenhouse gas abatement options. The clean development mechanism (CDM) in particular is likely to entail considerable costs of baseline development, projec