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Kyoto, efficiency, and cost-effectiveness: Applications of FUND
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.
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Publication status
- Published
Journal
Energy JournalISSN
0195-6574Publisher
International Association for Energy EconomistsIssue
SPEC.Volume
20Page range
131-156Department affiliated with
- Economics Publications
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- No
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- Yes
Legacy Posted Date
2012-04-18Usage metrics
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