期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2008
卷号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:In this paper we analyze the negotiation strategy of the European Union regarding the formation of an
international climate agreement for the post-2012 era. We use game theoretical stability concepts to
explore incentives for key players in the climate policy game to join future climate agreements. We
compare a minus 20 percent unilateral commitment strategy by the EU with a unilateral minus 30
percent emission reduction strategy for all Annex-B countries. Using a numerical integrated assessment
climate-economy simulation model, we find that carbon leakage effects are negligible. The EU strategy
to reduce emissions by 30% (compared to 1990 levels) by 2020 if other Annex-B countries follow does
not induce participation of the USA with a similar 30% reduction commitment. However, the model
shows that an appropriate initial allocation of emission allowances may stabilize a larger and more
ambitious climate coalition than the Kyoto Protocol in its first commitment period.