Download Climate Technology Strategies 2: The Macro-Economic Cost and by Prof. Pantelis Capros, Dr. Panagiotis Georgakopoulos, Denise PDF

By Prof. Pantelis Capros, Dr. Panagiotis Georgakopoulos, Denise Van Regemorter, Prof. Stef Proost, Dr. Tobias F. N. Schmidt, Henrike Koschel, Prof. Dr. Klaus Conrad, E. Lakis Vouyoukas (auth.)

Climate expertise turns into progressively more proper in foreign environmental coverage negotiations. on the Kyoto convention binding emission aid pursuits were confirmed for numerous areas of the realm. the foremost problem is how you can detect those relief objectives with minimal expenses with no producing new distributional and social problems. The booklet analyses the macroeconomic structural and distributional affects of greenhouse gasoline mitigation innovations for the ecu and the member states.

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Additional info for Climate Technology Strategies 2: The Macro-Economic Cost and Benefit of Reducing Greenhouse Gas Emissions in the European Union

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15). 5 Voluntary Agreements Voluntary agreements can take the form of unilateral declarations on the part of industry or bilateral commitments between the public authority and industry (usually a business association or an industrial federation). The industry promises to reach an (often sector-based) set of environmental objectives according to a schedule included in the agreement. There is no formal commitment on the part of the authority but often promises are given to exempt the sector involved from alternative regulations concerning the same environmental problem (Glachant 1994, p.

Yang explored the conditions necessary for successful stabilisation agreements by simulating the OECD's model GREEN. He considered the trajectories suggested by IPCC and Wigley, Richels and Edmonds (both aiming at a concentration of 550 ppmv) and concluded that i) this path will be very difficult under any circumstances ii) inclusion of FSU and EE in the developed countries group is problematic iii) there is great uncertainty in forecasting of relative wealth and iv) any stabilisation agreement will require continued renegotiations.

1 Environmental Effectiveness In theory, direct regulations represent the most favoured option if emissions have to be reduced in the immediate vicinity of particular facilities and if for ecological reasons relocational reactions by the operators involved are seen as undesirable. In 45 the case of very harmful and locally concentrated emissions no margin of error can be accepted, the inflexibility under a regulatory system constitutes an important advantage over more flexible economic instrument.

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