Chapter 12. The Clean Development Mechanism: Unwrapping the ‘‘Kyoto Surprise’’

Chapters in this book

1. Frontmatter i
2. Contents v
3. Preface vii
4. Chapter 1. Introduction 1
5. Chapter 2. Markets for Tradable Carbon Dioxide Emission Quotas: Principles and Practice 13
6. Chapter 3. Equity and Efficiency in Environmental Markets: Global Trade in Carbon Dioxide Emissions 46
7. Chapter 4. Emissions Constraints, Emission Permits, and Marginal Abatement Costs 68
8. Chapter 5. Equilibrium and Efficiency: International Emission Permits Markets 82
9. Chapter 6. Efficiency Properties of a Constant-Ratio Mechanism for the Distribution of Tradable Emission Permits 110
10. Chapter 7. Who Should Abate Carbon Emissions? An International Viewpoint 126
11. Chapter 8. Differentiated or Uniform International Carbon Taxes: Theoretical Evidences and Procedural Constraints 135
12. Chapter 9. Efficiency and Distribution in Computable Models of Carbon Emission Abatement 156
13. Chapter 10. Securitizing the Biosphere 169
14. Chapter 11. Equity and Efficiency in Emission Markets: The Case for an International Bank for Environmental Settlements 180
15. Chapter 12. The Clean Development Mechanism: Unwrapping the ‘‘Kyoto Surprise’’ 218
16. Chapter 13. Knowledge and the Environment: Markets with Privately Produced Public Goods 242
17. Chapter 14. A Commentary on the Kyoto Protocol 247 Rau´ l Estrada-Oyuela 247
18. Appendix. The Kyoto Protocol of the United Nations Framework Convention on Climate Change 255
19. Contributors 281
20. Index 287