Intensity Targeting or Emission CAPS: Non-Cooperative Climate Change Policies and Technological Change

Mueller-Fuerstenberger, Georg; Stephan, Gunter (June 2005). Intensity Targeting or Emission CAPS: Non-Cooperative Climate Change Policies and Technological Change (Discussion Papers 05-02). Bern: Department of Economics

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This paper analyses costs and benefits of three different post-Kyoto policy options: On the one hand there is PARETO which is the nickname for the pareto-efficient internationalization of the external effects of global climate change through trading carbon emission rights on open global markets. And there is QCAP as well as ICAP on the other. Both are unilateral climate policies. QCAP denotes a scenario where regions aim for reducing domestic carbon emissions by a certain percentage annually. ICAP is a short cut for intensity targeting which is the US’ most preferred climate policy option. In a world without uncertainty about future GDP and carbon dioxide emissions it refers to the same abatement policy, however by means of technological progress only.

Item Type:

Working Paper

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Economics

UniBE Contributor:

Müller-Fürstenberger, Georg and Stephan, Gunter

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics

Series:

Discussion Papers

Publisher:

Department of Economics

Language:

English

Submitter:

Lars Tschannen

Date Deposited:

21 Sep 2020 09:38

Last Modified:

21 Sep 2020 09:38

JEL Classification:

O33, Q38, Q43

BORIS DOI:

10.7892/boris.145654

URI:

https://boris.unibe.ch/id/eprint/145654

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