Rio - 10 Years After: A Critical Appraisal of Climate Policy

Arbeitspapier

Ten years after the initial Climate Change Convention from Rio in 1992, the developed world is likely to ratify the Kyoto Protocol which has been celebrated as a milestone in climate protection. Standard economic theory, however, casts doubt that Kyoto will go beyond symbolic policy. In this paper we show that the final concretion of the Kyoto Protocol obeys the theoretical prediction: Kyoto more or less boils down to business-as-usual without significant compliance costs to ratifying parties.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEW Discussion Papers ; No. 02-09

Classification and Topics

• Classification: Wirtschaft ; Computable and Other Applied General Equilibrium Models ; Energy and the Macroeconomy ; Environmental Economics: Government Policy
• Subject: climate policy ; emission trading ; hot air ; Klimaschutz ; Umweltabkommen ; Wirtschaftspolitische Wirkungsanalyse ; Kritik ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Böhringer, Christoph ; Vogt, Carsten
• Event: Veröffentlichung
• (who): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (where): Mannheim
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/24797
• Last update: 10.03.2025, 11:41 AM CET