TECHNOLOGY PROTOCOLS FOR CLIMATE CHANGE: AN APPLICATION OF FUND

No FNU-14, Working Papers from Research unit Sustainability and Global Change, Hamburg University

Abstract: A technology protocol to govern long-term international greenhouse gas emission reduction is proposed. The protocol consists of three parameters: a graduation income, below which countries have no emission reduction obligations; a convergence rate, at which emission intensities should approach that of the most carbon-extensive countries; and an acceleration rate, at the which the most carbon-extensive countries should improve its technology over and above the business as usual scenario. Depending on the parameter values, emission reduction ranges from draconian to almost nil. The graduation income and acceleration rate have the expected effects. The effect of the convergence rate is strongly scenario-dependent; some scenarios, perhaps unrealistically assume strong technological convergence in the no policy case; in other scenarios, adopting best commercial technology in the whole world would lead to substantial emission reduction. Not surprisingly, regions prefer different parameters in the technology protocol. Adopting the opinion of the median voter, atmospheric concentrations of carbon dioxide in the year 2200 would be reduced from 1650 ppm to 950 ppm. This reduction is relatively robust to changes in crucial model parameters. The costs of complying to the technology protocol can be reduced substantially through international trade in emission permits and, particularly, banking and borrowing.

Keywords: climate change; international climate policy; technology; integrated assessment (search for similar items in EconPapers)
JEL-codes: Q54 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2002-09, Revised 2002-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Published, Climate Policy, 4, 269-287

Downloads: (external link)
http://www.fnu.zmaw.de/fileadmin/fnu-files/publication/working-papers/bat.pdf First version, 2002 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.fnu.zmaw.de:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sgc:wpaper:14

Access Statistics for this paper

More papers in Working Papers from Research unit Sustainability and Global Change, Hamburg University Contact information at EDIRC.
Bibliographic data for series maintained by Uwe Schneider ( this e-mail address is bad, please contact ).