Fair international protocols for the abatement of GHG emissions
- Authors
- Ju, B.-G.; Kim, M.; Kim, Suyi; Moreno-Ternero, J.D.
- Issue Date
- Feb-2021
- Publisher
- Elsevier B.V.
- Keywords
- Allocation rules; Climate change; Equal per capita allocation; GHG reduction targets; Historical accountability; History independence
- Citation
- Energy Economics, v.94
- Journal Title
- Energy Economics
- Volume
- 94
- URI
- https://scholarworks.bwise.kr/hongik/handle/2020.sw.hongik/16112
- DOI
- 10.1016/j.eneco.2020.105091
- ISSN
- 0140-9883
- Abstract
- We study the design of fair international protocols for the abatement of GHG emissions. We formulate normative principles, pertaining to countries' population, emission history, and business as usual emissions, as axioms for allocation rules. We show that combinations of these axioms characterize the so-called equal per capita allocation rules, with or without historical accountability. The allocations provided by these rules are in stark contrast with the allocation suggested by the Kyoto Protocol, which is close to the allocation in proportion to the current and business-as-usual emissions, suggested by the equal per emission (grandfathering) rule. As we illustrate, the equal per capita allocations admit more emissions to developing countries with large populations. And, with historical accountability, developed countries with large historical emissions are clearly penalized. ? 2021 Elsevier B.V.
- Files in This Item
- There are no files associated with this item.
- Appears in
Collections - College of Business Management > School of Business Management > 1. Journal Articles
![qrcode](https://api.qrserver.com/v1/create-qr-code/?size=55x55&data=https://scholarworks.bwise.kr/hongik/handle/2020.sw.hongik/16112)
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.