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The Kyoto mechanisms and global climate change: coordination issues and domestic policies.

Author(s) : HAITES E., ASLAM M. A.

Type of monograph: Report

Summary

This report evaluates key issues related to the three Kyoto mechanisms, including implications for domestic policy. It concludes that: the Kyoto mechanisms have the potential to dramatically reduce the costs of meeting the Kyoto commitments; the rules should allow substitution among the different mechanisms; the rules for international emissions trading should allow "legal entities" to participate; lack of harmonization among the three mechanisms may inadvertently restrict their use; significant penalties for non-compliance and effective enforcement of those penalties are crucial to the environmental integrity of emissions trading; the mechanisms are most amenable to use by countries that adopt domestic cap and trade systems. A complete copy of the report is available on Pew Center's Web site.

Details

  • Original title: The Kyoto mechanisms and global climate change: coordination issues and domestic policies.
  • Record ID : 2001-0599
  • Languages: English
  • Subject: Regulation, Environment
  • Publication: Pew Center on Global Climate Change - United states/United states
  • Publication date: 2000/09
  • Source: Source: 44 p. (21.5 x 28).
  • Document available for consultation in the library of the IIR headquarters only.

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