Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19180
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dc.contributor.authorMichaelowa, Axelen_US
dc.contributor.authorStronzik, Marcusen_US
dc.date.accessioned2009-01-28T15:56:19Z-
dc.date.available2009-01-28T15:56:19Z-
dc.date.issued1999en_US
dc.identifier.urihttp://hdl.handle.net/10419/19180-
dc.description.abstractThe Kyoto Protocol sets legally binding emission targets for industrialized countries without accounting for reductions carried out prior to 2008, the beginning of the first commitment period. There exists only one exception, the project-based Clean Development Mechanism. Two other possible ways to allow crediting for early reductions are discussed in this paper, a domestic scheme and early Joint Implementation. The implications of these concepts are analyzed on a macro as well as on a micro level taking the domestic and international commitments into account. They can lead to a strong redistribution and are prone to free riding. We conclude that early crediting makes sense if it isbuilt on clear baselines, sets incentives for innovation and provides for institutional learning. The current bill discussed in the U.S. does not meet these criteria.en_US
dc.language.isoengen_US
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburg-
dc.relation.ispartofseries|aHWWA Discussion Paper |x73en_US
dc.subject.ddc330en_US
dc.subject.stwKlimaschutzen_US
dc.subject.stwUmweltpolitiken_US
dc.subject.stwLuftreinhaltungen_US
dc.subject.stwSelbstverpflichtungen_US
dc.subject.stwTrittbrettfahrerverhaltenen_US
dc.subject.stwTheorieen_US
dc.titleEarly Crediting of Emissions Reduction - a Panacea or Pandora's Box?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn846889846en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26345-

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