| Author (Person) | Klepper, Gernot, Peterson, John |
|---|---|
| Series Title | Kiel Working Papers |
| Series Details | No 1238, February 2005 |
| Publication Date | 2005 |
| Content Type | Journal | Series | Blog |
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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. |
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| Source Link | http://www.uni-kiel.de/ifw/pub/kap/2005/kap1238.pdf |
| Subject Categories | Environment |
| Countries / Regions | Europe |
