The Economics of a Lost Deal: Kyoto - The Hague - Marrakesh

@inproceedings{Hourcade2002TheEO,
  title={The Economics of a Lost Deal: Kyoto - The Hague - Marrakesh},
  author={Jean Charles Hourcade and Fr{\'e}d{\'e}ric Ghersi},
  year={2002}
}
This paper examines prospects for compromise between competing perspectives on four key climate change issues: costs, level of domestic action, environmental integrity, and developing world involvement. It focuses on the policy issues stemming from uncertainty about abatement costs. Based on extensive simulations of a model integration tool, SAP12 (Stochastic Assessment of Climate Policies, 12 models), the analysis considers options for fine-tuning the Kyoto Protocol, such as concrete ceilings… CONTINUE READING

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