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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. |
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