Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/84226 
Year of Publication: 
2011
Series/Report no.: 
Serie Documentos de Trabajo No. 444
Publisher: 
Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA), Buenos Aires
Abstract: 
At the time of Argentina's greenhouse gases emissions reduction voluntary commitment, most of the articles on intensity targets had not been published. The aim of this paper is to (re)discuss briefly the proposal made by Argentina taking into account that literature. To justify the adopted target form and stringency, we compare fixed and dynamic targets in terms of the likelihood of hot air, the relationship between allowed emissions and GDP, the link between abatement and GDP, and outcomes' dispersion. But, the assumptions implicit in the design of the target may change those properties. We show how the BAU scenario taken as reference and the level of emissions reduction affects targets' design and characteristics. Finally, considering different emissions projections, we perform a comparison between allowed emissions and projected ones during the first half commitment period (2008-2010), concluding that compliance with the commitment depends on the data source used in the calculations.
Subjects: 
climate change
intensity targets
uncertainty
Argentina
JEL: 
Q28
Q54
Document Type: 
Working Paper

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