A Proposal for the Design of the Successor to the Kyoto Protocol

The successor to the Kyoto Protocol should impose national ceilings on rich countries’ greenhouse gas emissions and promote voluntary abatement by developing countries. Our proposal gives signatories the option of exercising an escape clause that relaxes their requirement to abate. This feature helps to solve the participation and compliance problems that have weakened the Protocol. We support the use of carefully circumscribed trade restrictions in order to reduce the real or perceived problem of carbon leakage.


Issue Date:
Jun 30 2008
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/42878
Total Pages:
23
JEL Codes:
Q54; Q58; F13
Series Statement:
CUDARE Working Papers
1065




 Record created 2017-04-01, last modified 2017-11-08

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