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Kyoto, Efficiency, and Cost-Effectiveness: Applications of FUND

Name: Kyoto, Efficiency, and Cost-Effectiveness: Applications of FUND
Creator: Richard S.J. Tol
Keywords: jel:F0, 13. Climate action, 020209 energy, 0502 economics and business, 05 social sciences, 11. Sustainability, 0202 electrical engineering, electronic engineering, information engineering, 02 engineering and technology, 050207 economics, 7. Clean energy

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 Jun 1999Publisher:SAGE PublicationsJournal:The Energy Journal, volume 20, pages 131-156 (issn: 0195-6574, eissn: 1944-9089,

Authors: Richard S.J. Tol;

doi: 10.5547/issn0195-6574-ej-vol20-nosi-6

Kyoto, Efficiency, and Cost-Effectiveness: Applications of FUND

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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. Copyright © 1999 by the IAEE. All rights reserved.

Related Organizations

Carnegie Mellon University
United States
Vrije Universiteit Amsterdam
Netherlands

Keywords

jel: jel:F0

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