Staff View: Do Intensity Targets Control Uncertainty Better than Quotas? Conditions, Calibrations, and Caveats

Do Intensity Targets Control Uncertainty Better than Quotas? Conditions, Calibrations, and Caveats

Among policy instruments to control future greenhouse gas emissions, well-calibrated general intensity targets are known to lead to lower uncertainty on the amount of abatement than emissions quotas (Jotzo and Pezzey 2004). The authors test whether this result holds in a broader framework, and wheth...

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Bibliographic Details
Main Authors:	Marschinski, Robert, Lecocq, Franck
Language:	English en_US
Published:	World Bank, Washington, DC 2012
Subjects:	ABATEMENT ABATEMENT COST ABATEMENT COSTS ABATEMENT LEVEL BASELINE EMISSIONS BENCHMARK CARBON CLIMATE CLIMATE CHANGE CLIMATE POLICIES CLIMATE POLICY CO2 CO2 EMISSIONS COST FUNCTIONS CUMULATIVE EMISSIONS DEVELOPMENT ECONOMICS ECONOMIC INSTRUMENTS ECONOMICS RESEARCH EFFECTIVE EMISSIONS ELASTICITY EMISSION EMISSION REDUCTIONS EMISSIONS EMISSIONS REDUCTION EMISSIONS RELATIVE EXPECTED VALUE FORECASTS FORESTRY FUEL FUEL COMBUSTION FUNCTIONAL FORMS GDP GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GREENHOUSE GASES EMISSIONS INDEXATION INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE IPCC KYOTO PROTOCOL LEVEL OF EMISSIONS LOWER EMISSIONS
Online Access:	http://documents.worldbank.org/curated/en/2006/10/7125500/intensity-targets-control-uncertainty-better-quotas-conditions-calibrations-caveats http://hdl.handle.net/10986/9016

Do Intensity Targets Control Uncertainty Better than Quotas? Conditions, Calibrations, and Caveats

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