Climate politics from Kyoto to Bonn: from little to nothing?!?

Arbeitspapier

We investigate how the U.S. withdrawal and the amendments of the Bonn climate policy conference in 2001 will change the economic and environmental impacts of the Kyoto Protocol in its original form. Based on simulations with a large-scale computable general equilibrium model, we find that U.S. withdrawal together with the new provisions of Bonn are likely to reduce environmental effectiveness to zero. U.S. compliance under the new Bonn amendments would accommodate a substantial cut in global emissions at small compliance costs for OECD countries rising some hopes that the U.S. might rejoin the Kyoto Protocol during the next years.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEW Discussion Papers ; No. 01-49

Classification and Topics

• Classification: Wirtschaft ; Energy and the Macroeconomy ; Environmental Economics: Government Policy ; Computable and Other Applied General Equilibrium Models
• Subject: climate policy ; emission trading ; computable general equilibrium ; Klimaschutz ; Umweltabkommen ; Wirtschaftspolitische Wirkungsanalyse ; Klimaveränderung ; Kohlendioxid ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Böhringer, Christoph
• Event: Veröffentlichung
• (who): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (where): Mannheim
• (when): 2001

Further information

• Handle: http://hdl.handle.net/10419/24470