Abstract

http://ssrn.com/abstract=293660
 
 

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Kyoto Protocol and Emission Trading: Does the US Make a Difference?


Alessandro Lanza


Fondazione Eni Enrico Mattei (FEEM), Milan; Centre for North South Economic Research (CRENos)

Umberto Ciorba


ENEA

Francesco Pauli


affiliation not provided to SSRN

December 2001

FEEM Working Paper No. 90.2001

Abstract:     
This paper presents an estimate of the costs of reducing CO2 emissions as agreed in Kyoto by Annex 1 countries. Unlike most of the existing literature, this paper uses an Almost Ideal Demand System model for energy products to estimate the role of each country within the Annex 1 market. A major result is the provision of marginal (and total) abatement costs for each. The recent position of the US is also discussed, showing the cost of some alternative outcomes.

Number of Pages in PDF File: 30

Keywords: Environmental policy, Kyoto protocol, international agreements, CO2 emission, emission trading, marginal abatement cost

JEL Classification: C13, C21, C53, Q38, Q41, Q48

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Date posted: December 12, 2001  

Suggested Citation

Lanza, Alessandro and Ciorba, Umberto and Pauli, Francesco, Kyoto Protocol and Emission Trading: Does the US Make a Difference? (December 2001). FEEM Working Paper No. 90.2001. Available at SSRN: http://ssrn.com/abstract=293660 or http://dx.doi.org/10.2139/ssrn.293660

Contact Information

Alessandro Lanza (Contact Author)
Fondazione Eni Enrico Mattei (FEEM), Milan ( email )
Corso Magenta 63
20123 Milan
Italy
Centre for North South Economic Research (CRENos)
Facolta di Scienze Politiche via Sant'Ignazio 78
Cagliari, 09124
Italy
Umberto Ciorba
ENEA
Lungo Tevere Thaon di Revel, 76
Rome, 00196
Italy
Francesco Pauli
affiliation not provided to SSRN
Feedback to SSRN


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