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dc.contributor.authorKallbekken, Steffennb_NO
dc.date.accessioned2014-03-17T14:31:21Z
dc.date.available2014-03-17T14:31:21Z
dc.date.issued2006nb_NO
dc.identifier.issn0504-452Xnb_NO
dc.identifier.urihttp://hdl.handle.net/11250/192296
dc.description.abstractCarbon leakage is an important concern because it can reduce the environmental effectiveness of the Kyoto Protocol. The Clean Development Mechanism, one of the flexibility mechanisms allowed under the protocol, has the potential to reduce carbon leakage significantly because it reduces the relative competitive disadvantage to Annex B countries of restricting greenhouse gas emissions. The economic intuition behind this mechanism is explored in a theoretical analysis. It is then analyzed numerically using a CGE model. The results indicate that, assuming appropriate accounting for leakage and under realistic assumptions on CDM activity, the CDM has the potential to reduce the magnitude of carbon leakage by around three fifths.nb_NO
dc.language.isoengnb_NO
dc.publisherCICERO Center for International Climate and Environmental Research - Oslonb_NO
dc.relation.ispartofCICERO Working Papernb_NO
dc.relation.ispartofseriesCICERO Working Paper;2006:02nb_NO
dc.titleWhy the CDM can reduce carbon leakagenb_NO
dc.typeWorking papernb_NO
dc.source.pagenumber20nb_NO


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