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Impact of Revised CO2 Growth Projections for China on Global Stabilization Goals AgEcon
Blanford, Geoffrey J.; Richels, Richard G.; Rutherford, Thomas F..
Recent growth in carbon dioxide emissions from China’s energy sector has exceeded expectations. In a major US government study of future emissions released in 2007 (1), participating models appear to have substantially underestimated the near-term rate of increase in China’s emissions. We present a recalibration of one of those models to be consistent with both current observations and historical development patterns. The implications of the new specification for the feasibility of commonly discussed stabilization targets, particularly when considering incomplete global participation, are profound. Unless China’s emissions begin to depart soon from their (newly projected) business-as-usual path, stringent stabilization goals may be unattainable. The...
Tipo: Working or Discussion Paper Palavras-chave: Energy-Economy Modeling; China; Economic Growth Rates; Energy Intensity; International Climate Policy; Q48; H23; O13.
Ano: 2008 URL: http://purl.umn.edu/42921
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Financing Structures for CDM Projects in India and Capacity Building Options for EU-Indo Collaboration AgEcon
Deodhar, Vinay; Michaelowa, Axel; Krey, Matthias.
The Clean Development Mechanism (CDM) under the Kyoto Protocol to the UN Framework Convention on Climate Change (UNFCCC) enables industrialized countries to meet a part of their emission reduction requirements through purchase of emission reduction credits from projects in developing countries. Various studies have concluded that India is likely to be one of the major countries supplying such projects. However, in order that a large number of high-quality CDM projects is developed and result in Certified Emission Reductions as specified by the international CDM Executive Board, the institutional set up in the Indian finance sector has to be suitably geared up. So far, banks and financial institutions have not developed procedures for efficient financing of...
Tipo: Working or Discussion Paper Palavras-chave: International Climate Policy; CDM; Financial Institutions; India; Environmental Economics and Policy; Q25; O13.
Ano: 2003 URL: http://purl.umn.edu/26139
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