Template-Type: ReDIF-Article 1.0
Author-Name:  Richard S.J. Tol
Title:  Kyoto, Efficiency, and Cost-Effectiveness: Applications of FUND
Classification-JEL: F0
Pages:  131-156
Volume:  Volume 20
Issue:  Special Issue
Year:  1999
Abstract:  In this paper various emission reduction scenarios are evaluated with FUND-the Climate Framework for Uncertainty, Negotiation, and Distribution model. The aim is to help international negotiators improve upon the Kyoto Protocol. International cooperation in greenhouse gas emission reduction is important, and the more of it the better. The emission reduction targets as agreed in the Kyoto Protocol are irreconcilable with economic rationality. If the targets nevertheless need to be met, it is better to start emission reduction sooner than later in order to minimise costs. Methane emission reduction may be an important instrument to reduce costs.
Handle: RePEc:aen:journl:1999si-a06
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1045
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