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Early Crediting of Emissions Reduction - a Panacea or Pandora's Box?

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dc.creator Michaelowa, Axel
dc.creator Stronzik, Marcus
dc.date 1999
dc.date.accessioned 2013-10-16T07:03:26Z
dc.date.available 2013-10-16T07:03:26Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19180
dc.identifier ppn:26504524X
dc.identifier RePEc:zbw:hwwadp:26345
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19180
dc.description The Kyoto Protocol sets legally binding emission targets for industrialized countries without accounting for reductions carried out prior to 2008, the beginning of the first commitment period. There exists only one exception, the project-based Clean Development Mechanism. Two other possible ways to allow crediting for early reductions are discussed in this paper, a domestic scheme and early Joint Implementation. The implications of these concepts are analyzed on a macro as well as on a micro level taking the domestic and international commitments into account. They can lead to a strong redistribution and are prone to free riding. We conclude that early crediting makes sense if it is built on clear baselines, sets incentives for innovation and provides for institutional learning. The current bill discussed in the U.S. does not meet these criteria.
dc.language eng
dc.relation HWWA Discussion Paper 73
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Klimaschutz
dc.subject Umweltpolitik
dc.subject Luftreinhaltung
dc.subject Selbstverpflichtung
dc.subject Trittbrettfahrerverhalten
dc.subject Theorie
dc.title Early Crediting of Emissions Reduction - a Panacea or Pandora's Box?
dc.type doc-type:workingPaper


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