Abstract
Greenhouse gas (GHG) emissions are affecting a global common: the climate, and as a global environmental problem with a public good character it provides attractive opportunities for minimising control costs through the use of emission trading markets. This paper introduces cost and benefit principles that can be applied to the assessment of global markets for GHG emission reduction options and evaluates the scope for and the potential economic gains of such markets.
| Original language | English |
|---|---|
| Journal | Energy Policy |
| Volume | 33 |
| Issue number | 18 |
| Pages (from-to) | 2313-2325 |
| ISSN | 0301-4215 |
| DOIs | |
| Publication status | Published - 2005 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 13 Climate Action
Keywords
- GHG emission reduction
- Costs and benefits
- Developing countries
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