Annex I differentiation proposals : implications for welfare, equity and policy
Name
MITJPSPGC_Rpt27.pdf
Size
70.58 KB
Format
Adobe PDF
Checksum (MD5)
517285613fc4fb732c7b3ca62d98642d
Date Issued
October 1997
Publisher
MIT Joint Program on the Science and Policy of Global Change
Series/Report no.
Report no. 27
Abstract
Drawing upon a variety of different criteria, many nations have introduced proposals to differentiate the reductions in carbon emissions that would be required of industrialized nations in the short to medium term. This paper considers the relationship of these proposals to their underlying conceptions of equity, and to the self-interest of the nations proposing them. The MIT Emissions Prediction and Policy Assessment (EPPA) model is used to analyze the welfare implications of several prominent proposals, considering both cases where nations must carry out all emissions reductions domestically, and situations where trading in emissions permits is allowed. The consequences of applying two prominent differentiation measures to a global regime using a zero-based allocation of emissions rights is also explored. One conclusion is that a trading regime can yield important benefits in reducing potential conflict within developed nations, and help avoid complicated and divisive negotiations over burden-sharing formulas.
Description
Includes bibliographical references (p. 19-20).
Abstract in HTML and technical report in HTML and PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/)
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