Flexible Mechanisms for an Efficient Climate Policy: Cost - download pdf or read online

By Karl L. Brockmann,Marcus Stronzik

within the Kyoto Protocol to the UN Framework conference on weather switch, industrialized nations agreed on binding absolute goals for greenhouse gasoline emissions and at the admission of versatile market-economy tools - reminiscent of emissions buying and selling, joint implementation and the fresh improvement mechanism - used for attaining the goals. The contributions during this quantity demonstrate that versatile tools can reduce the prices of weather safeguard significantly - not just in concept, but in addition in perform. bearing on implementation, it is going to be essential to look after attainable loopholes, uncertainties and transaction charges that could be too excessive if no right layout is chosen.

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Flexible Mechanisms for an Efficient Climate Policy: Cost Saving Policies and Business Opportunities (ZEW Economic Studies) by Karl L. Brockmann,Marcus Stronzik


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