THE COSTS OF INTERNATIONAL AGREEMENTS TO REDUCE CO2 EMISSIONS: EVIDENCE FROM GREEN

This paper reports the results of several simulations with the OECD's GREEN model designed to quantify the economy-wide and global costs of a range of international agreements to curb carbon dioxide (CO2) emissions. Two particular aspects of international agreements are highlighted. The first is the issue of country coverage; this is examined by simulating an agreement among the OECD countries alone and then extending it to encompass action by the non-OECD countries too. The second is the quantification of the potential welfare gains to individual countries and the world economy as a whole from implementing cost-effective agreements, i.e. international agreements that take account of the principle that the emission reductions should be secured at minimum cost. (A) For the covering abstract see IRRD 866201.

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  • Corporate Authors:

    Organisation for Economic Co-operation and Development (OECD)

    2, rue André Pascal
    Paris,   France  75775 Paris Cedex 16
  • Authors:
    • Martin, J P
    • BURNIAUX, J-M
    • NICOLETTI, G
    • OLIVEIRA-MARTINS, J
  • Publication Date: 1992

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00668656
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 92-64-13828-5
  • Files: ITRD
  • Created Date: Nov 16 1994 12:00AM