Bosetti, Valentina Carraro, Carlo Sgobbi, Alessandra Tavoni, Massimo
Year of Publication:
CESifo Working Paper No. 2417
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political acceptability which is measured in terms of feasibility and enforceability. The ultimate aim is to derive useful information for designing a future agreement on climate change control.
Climate policy integrated modelling international agreements