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National climate policy, firm survival, and investments

Hege Westskog, Hagem, Cathrine (Working Paper;2000:08)

In this paper we consider how to design a national tradable quota system to reduce emissions of climate gases when the regulator is concerned about the survival of specific firms. The problem is studied using a two-period model with a stochastic price in the second period. This enables us to include...

Can the Clean Development Mechanism attain both cost-effectiveness and sustainable development objectives?

Asbjørn Torvanger, Aunan, Kristin, Vevatne, Jonas, Kolshus, Hans H. (Working Paper;2001:08)

The Clean Development Mechanism (CDM), as defined in the Kyoto Protocol, has two objectives: to promote sustainable development in host developing countries, and to improve global cost-effectiveness by assisting developed countries in meeting their Kyoto targets. The aim of this paper is to explore...

Sharing the burden of greenhouse gas mitigation: Final report of the joint CICERO-ECN project on the global differentiation of emission mitigation targets among countries

Arild Underdal, Asbjørn Torvanger, Ringius, Lasse, Ybema, J.R., Volkers, C., Sijm, J., Ormel, F.T., Battjes, J.J., Jansen, J.C. (Working Paper;2001:05)

The multi-sector convergence approach: A flexible framework for negotiating global rules for national greenhouse gas emissions mitigation targets

Ybema, J.R., Volkers, C., Sijm, J., Battjes, J.J., Jansen, J.C. (Working Paper;2001:04)

Why quota trade should be restricted: The arguments behind the EU position on emissions trading

Hege Westskog (Working Paper;2001:07)

In this paper I try to clarify the background and arguments behind the EU position on emissions trading in negotiating the Kyoto Protocol and their suggestions of how the supplementarity cap in the Kyoto agreement can be operationalized. I discuss economic arguments for restricting quota trade with...

The merits of non-tradable quotas as a domestic policy instrument to prevent firm closure

Hagem, Cathrine (Working Paper;2001:06)

There is a concern in many countries that a domestic tradable quota system for greenhouse gases, where all emitters must pay for their quotas, may lead to closures of emissions-intensive industrial companies. Allocating quotas free of charge to companies operating in competitive markets has been sug...

Impatience and climate policy

Hans Asbjørn Aaheim (Working Paper;2001:01)

Decision-making frameworks for climate policy under uncertainty

Hans Asbjørn Aaheim, Froyn, Camilla Bretteville (Working Paper;2001:02)

Carbon sequestration in sinks: An overview of potential and costs

Kolshus, Hans H. (Working Paper;2001:11)

Prior to the resumed climate negotiations in Bonn in July this year, it was thought that an agreement on the unresolved crunch issues of the Kyoto Protocol was unrealistic. This was primarily due to the US withdrawal from the Kyoto Protocol, and the failure of the previous climate negotiations that...

The trade-off between short- and long-lived greenhouse gases under uncertainty and learning

Asbjørn Torvanger, Hans Asbjørn Aaheim, Lystad, Terje, Brekke, Kjell Arne (Working Paper;2001:10)

To find an optimal climate policy we must balance abatement of different greenhouse gases. There is substantial uncertainty about future damages from climate change, but we will learn more over the next few decades. Gases vary in terms of how long they remain in the atmosphere, which means that equi...