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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.:FEEM Working Papers 2005,55
Abstract:The objective of this paper is to assess the likely allocation effects of the current climate 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 CGEmodel 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 order to highlight the effects of the grandfathering of permits to energy-intensive installations, 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:Q48
D58
Q54
F18
Document Type:Working Paper
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei
Publikationen von Forscherinnen und Forschern des IfW

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