Arbeitspapier

Aggregate emission intensity targets: Applications to the Paris agreement

We develop the concept of aggregate emission targets, which are goals for national emissions but do not dictate the forms of regulation used to achieve the goals. We compare aggregate emission intensity, quantity, and price targets adopted at the national level but implemented cost effectively at the firm level. We obtain simple ranking conditions that depend on the slope ratio of marginal emission damage and marginal abatement cost curves, and threshold parameters determined by the variance and covariance of GDP and business-as-usual emission. We apply the ranking conditions to the top 12 CO2 emitters with specific GHG targets in the Paris Agreement, and obtain a robust result that intensity targets dominate quantity targets for most of these nations.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper ; No. 813

Klassifikation
Wirtschaft
Environmental Economics: Government Policy
Thema
aggregate intensity target
quantity target
price target
climate change
INDC
Paris Agreement

Ereignis
Geistige Schöpfung
(wer)
Zhao, Jinhua
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Zhao, Jinhua
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2018

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