By Prof. Pantelis Capros, Dr. Panagiotis Georgakopoulos, Denise Van Regemorter, Prof. Stef Proost, Dr. Tobias F. N. Schmidt, Henrike Koschel, Prof. Dr. Klaus Conrad, E. Lakis Vouyoukas (auth.)
Climate know-how turns into an increasing number of proper in overseas environmental coverage negotiations. on the Kyoto convention binding emission aid ambitions were demonstrated for a number of areas of the area. the foremost problem is tips to become aware of those relief targets with minimal expenditures with no producing new distributional and social problems. The ebook analyses the macroeconomic structural and distributional affects of greenhouse gasoline mitigation thoughts for the ecu and the member states.
Read or Download Climate Technology Strategies 2: The Macro-Economic Cost and Benefit of Reducing Greenhouse Gas Emissions in the European Union PDF
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Additional resources for Climate Technology Strategies 2: The Macro-Economic Cost and Benefit of Reducing Greenhouse Gas Emissions in the European Union
Three groups of criteria are distinguished with respect to economic, social and environmental aspects. Economic Criteria Being an additional constraint on the economy, any environmental policy is likely to induce adverse effects on the economy. Curbing GHG emissions may affect all economic agents. Given its global perspective, it should be designed in such a way 30 so that it complies with economic and social goals that are considered important. e. the effort per ton of carbon avoided should be kept to a minimum; • it should be sustainable in the loner term.
35 For uniformly mixed pollutants, which involve damages at world level, like CO 2, a broader spatial coverage of a tax has to be considered. As Table 3-1 points out, furee types of tax can be distinguished (Muller 1996, pp. , Hoel 1992, pp. , Fisher et al. 1996, pp. ): • domestic taxes, • an international tax, as well as • internationally harmonized domestic taxes. A domestic tax can be introduced by the domestic government in order to reach a national emission reduction target, regardless of whether the target is determined by national policy or an international agreement.
E. those proposed by IPCC (1995) and by Wigley, Richels and Edmonds (1996), and concludes that in the long-run the mitigation efforts in the developing countries will be crucial for the stabilisation of concentration. The two region CETA-M model is used to explore some issues related to concentration targets by Peck and Teisberg (1997b). Firstly, they identify the cost and benefit assumptions that would make particular concentration ceilings optimal; secondly, they explore the acceptability to both regions of various burden-sharing agreements; lastly, they inquire whether the control effort and burden sharing rules may reasonably be negotiated independently.