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| Title: | | Emissions trading, CDM, JI, and more: The climate strategy of the EU  |
| 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: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online FEEM Working Papers, Fondazione Eni Enrico Mattei FEEM Working Papers, Fondazione Eni Enrico Mattei
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