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Author:Larsen, B.
Shah, A.
Title:Global tradeable carbon permits, participation incentives, and transfers
Journal:Oxford Economic Papers
1994 : OCT, VOL. 46, p. 841-856
Index terms:PARTICIPATION
INCENTIVES
ALLOCATION
Language:eng
Abstract:This paper evaluates alternative global tradeable permit allocations to stabilize world carbon emissions at 1987 levels by 2000. An important group of countries would have little incentive to participate in a treaty based on widely discussed permit allocation principles. Each non-OECD country should be allocated permits equivalent to its projected baseline emissions, and OECD countries should be allocated the remaining permits given the world emissions target.
SCIMA record nr: 126161
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