Modelling Economic Impacts of Alternative International Climate Policy Architectures. A Quantitative and Comparative Assessment of Architectures for Agreement
Data
01.01.2008
01.01.2008
Autori
Valentina Bosetti, Carlo Carraro, Alessandra Sgobbi, Massimo Tavoni
Codice JEL
C72,H23,Q25,Q28
C72,H23,Q25,Q28
Parole chiave:
Climate Policy,Integrated Modelling,International Agreements
Climate Policy,Integrated Modelling,International Agreements
Publisher
Climate Change and Sustainable Development
Climate Change and Sustainable Development
Editor
Carlo Carraro
Carlo Carraro
Cambridge University Press
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.