Climate Politics From Kyoto to Bonn: From Little to Nothing?!?


Böhringer, Christoph


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URL: http://ub-madoc.bib.uni-mannheim.de/467
URN: urn:nbn:de:bsz:180-madoc-4677
Document Type: Working paper
Year of publication: 2001
The title of a journal, publication series: None
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: D58 Q43 Q58 ,
Subject headings (SWD): USA , Kyoto-Protokoll , Klima / Umweltschutz , Kritik
Abstract: We investigate how the U.S. withdrawal and the amendments of the Bonn climate policy conference in 2001 will change the economic and environmental impacts of the Kyoto Protocol in its original form. Based on simulations with a large-scale computable general equilibrium model, we find that U.S. withdrawal together with the new provisions of Bonn are likely to reduce environmental effectiveness to zero. U.S. compliance under the new Bonn amendments would accommodate a substantial cut in global emissions at small compliance costs for OECD countries rising some hopes that the U.S. might rejoin the Kyoto Protocol during the next years.
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