Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets
The Kyoto Protocol provides a framework for the reduction of greenhouse gas emissions from industrialized nations. These reduction targets will have economic impacts that will affect not only those industrialized countries but also other developing countries around the world. In this context, the fo...
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ECLAC
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| Acceso en línea: | http://hdl.handle.net/11362/5692 |
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De Miguel, Carlos J. Ludeña, Carlos Schuschny, Andrés Ricardo German Society for International Cooperation 2014-01-02T16:15:12Z 2014-01-02T16:15:12Z 2012-12 http://hdl.handle.net/11362/5692 LC/L.3608 Includes bibliography The Kyoto Protocol provides a framework for the reduction of greenhouse gas emissions from industrialized nations. These reduction targets will have economic impacts that will affect not only those industrialized countries but also other developing countries around the world. In this context, the following document analyzes the economic implications of the reduction of carbon emissions from industrialized countries (Annex I countries under the Kyoto Protocol) and the participation of developing countries, including those in Latin America, under different carbon trading scenarios. The document utilizes the GTAP-E general equilibrium model, which accounts for capitalenergy substitution and carbon emissions associated with intra-industrial consumption, to analyze the economic and welfare impacts of carbon emissions trading. The results show that the participation of developing countries such as China and India lowers the costs of emissions trading for Annex I and non-Annex I countries. For Latin America, the impacts vary depending on whether a country is energy exporting (negative) or energy importing (positive) and whether the United States reduces emissions. For energy exporting countries, the impacts on welfare are negative mostly due to a deterioration of the terms of trade from crude oil, gas and petroleum products, brought about by a decreased demand from the Unites States and other Annex I countries. 49 páginas. en ECLAC Serie Medio Ambiente y Desarrollo 150 Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets Texto Documento Completo Proyecto REDD+ (GER/12/001) División de Desarrollo Sostenible y Asentamientos Humanos Disponible Santiago 49 p. : gráfs., tabls. S2013034 E LC/L.3608 Santiago CAMBIO CLIMATICO MERCADOS CARBONO PROTECCION AMBIENTAL ACUERDOS SOBRE EL MEDIO AMBIENTE PAISES EN DESARROLLO CLIMATE CHANGE MARKETS CARBON ENVIRONMENTAL PROTECTION ENVIRONMENTAL AGREEMENTS DEVELOPING COUNTRIES AMERICA LATINA LATIN AMERICA Series DESARROLLO SOSTENIBLE CAMBIO CLIMÁTICO SUSTAINABLE DEVELOPMENT CLIMATE CHANGE 49832 DESARROLLO SOSTENIBLE Y ASENTAMIENTOS HUMANOS SUSTAINABLE DEVELOPMENT AND HUMAN SETTLEMENTS gráficos, tablas |
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Comisión Económica para América Latina y el Caribe(CEPAL) |
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Comisión Económica para América Latina y el Caribe(CEPAL) |
| title |
Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets |
| spellingShingle |
Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets De Miguel, Carlos J. Ludeña, Carlos Schuschny, Andrés Ricardo CAMBIO CLIMATICO MERCADOS CARBONO PROTECCION AMBIENTAL ACUERDOS SOBRE EL MEDIO AMBIENTE PAISES EN DESARROLLO CLIMATE CHANGE MARKETS CARBON ENVIRONMENTAL PROTECTION ENVIRONMENTAL AGREEMENTS DEVELOPING COUNTRIES |
| title_short |
Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets |
| title_full |
Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets |
| title_fullStr |
Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets |
| title_full_unstemmed |
Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets |
| title_sort |
climate change and reduction of co2 emissions: the role of developing countries in carbon trade markets |
| author |
De Miguel, Carlos J. Ludeña, Carlos Schuschny, Andrés Ricardo |
| author_facet |
De Miguel, Carlos J. Ludeña, Carlos Schuschny, Andrés Ricardo |
| topic |
CAMBIO CLIMATICO MERCADOS CARBONO PROTECCION AMBIENTAL ACUERDOS SOBRE EL MEDIO AMBIENTE PAISES EN DESARROLLO CLIMATE CHANGE MARKETS CARBON ENVIRONMENTAL PROTECTION ENVIRONMENTAL AGREEMENTS DEVELOPING COUNTRIES |
| topic_facet |
CAMBIO CLIMATICO MERCADOS CARBONO PROTECCION AMBIENTAL ACUERDOS SOBRE EL MEDIO AMBIENTE PAISES EN DESARROLLO CLIMATE CHANGE MARKETS CARBON ENVIRONMENTAL PROTECTION ENVIRONMENTAL AGREEMENTS DEVELOPING COUNTRIES |
| publishDate |
2012-12 |
| language |
English |
| publisher |
ECLAC |
| physical |
49 páginas. |
| format |
Texto |
| description |
The Kyoto Protocol provides a framework for the reduction of greenhouse gas emissions from industrialized nations. These reduction targets will have economic impacts that will affect not only those industrialized countries but also other developing countries around the world. In this context, the following document analyzes the economic implications of the reduction of carbon emissions from industrialized countries (Annex I countries under the Kyoto Protocol) and the participation of developing countries, including those in Latin America, under different carbon trading scenarios. The document utilizes the GTAP-E general equilibrium model, which accounts for capitalenergy substitution and carbon emissions associated with intra-industrial consumption, to analyze the economic and welfare impacts of carbon emissions trading. The results show that the participation of developing countries such as China and India lowers the costs of emissions trading for Annex I and non-Annex I countries. For Latin America, the impacts vary depending on whether a country is energy exporting (negative) or energy importing (positive) and whether the United States reduces emissions. For energy exporting countries, the impacts on welfare are negative mostly due to a deterioration of the terms of trade from crude oil, gas and petroleum products, brought about by a decreased demand from the Unites States and other Annex I countries.
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| url |
http://hdl.handle.net/11362/5692 |
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