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Title:Emissions trading, CDM, JI, and more: The climate strategy of the EU PDF Logo
Authors:Klepper, Gernot
Peterson, Sonja
Issue Date:2005
Series/Report no.:Kieler Arbeitspapiere 1238
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.
Subjects:Kyoto targets
EU
EU emissions trading scheme
National Allocation Plans
CDM and JI
Computable general equilibrium model
DART
JEL:D58
F18
Q48
Q54
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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