Climate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/L.3608
cepal.divisionEngSustainable Development and Human Settlements Division
cepal.divisionSpaDivisión de Desarrollo Sostenible y Asentamientos Humanos
cepal.docTypeSeries
cepal.idSade49832
cepal.jobNumberS2013034 E
cepal.physicalDescriptiongráficos, tablas
cepal.projectProyecto REDD+ (GER/12/001)
cepal.regionalOfficeSantiago
cepal.topicEngSUSTAINABLE DEVELOPMENT
cepal.topicEngCLIMATE CHANGE
cepal.topicSpaDESARROLLO SOSTENIBLE
cepal.topicSpaCAMBIO CLIMÁTICO
cepal.workareaEngSUSTAINABLE DEVELOPMENT AND HUMAN SETTLEMENTS
cepal.workareaSpaDESARROLLO SOSTENIBLE Y ASENTAMIENTOS HUMANOS
dc.contributor.authorDe Miguel, Carlos J.
dc.contributor.authorLudeña, Carlos
dc.contributor.authorSchuschny, Andrés Ricardo
dc.contributor.institutionGerman Society for International Cooperation
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T16:15:12Z
dc.date.available2014-01-02T16:15:12Z
dc.date.issued2012-12
dc.descriptionIncludes bibliography
dc.description.abstractThe Kyoto Protocol provides a framework for the reduction of greenhouse gas emissions from industrialized nations. These reduction targets will have economic impacts that will affect not only those industrialized countries but also other developing countries around the world. In this context, the following document analyzes the economic implications of the reduction of carbon emissions from industrialized countries (Annex I countries under the Kyoto Protocol) and the participation of developing countries, including those in Latin America, under different carbon trading scenarios. The document utilizes the GTAP-E general equilibrium model, which accounts for capitalenergy substitution and carbon emissions associated with intra-industrial consumption, to analyze the economic and welfare impacts of carbon emissions trading. The results show that the participation of developing countries such as China and India lowers the costs of emissions trading for Annex I and non-Annex I countries. For Latin America, the impacts vary depending on whether a country is energy exporting (negative) or energy importing (positive) and whether the United States reduces emissions. For energy exporting countries, the impacts on welfare are negative mostly due to a deterioration of the terms of trade from crude oil, gas and petroleum products, brought about by a decreased demand from the Unites States and other Annex I countries.
dc.formatTexto
dc.format.extent49 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/L.3608
dc.identifier.urihttps://hdl.handle.net/11362/5692
dc.language.isoeng
dc.physicalDescription49 p. : gráfs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Medio Ambiente y Desarrollo
dc.relation.isPartOfSeriesNo150
dc.rights.coarDisponible
dc.subject.unbisEngCLIMATE CHANGE
dc.subject.unbisEngMARKETS
dc.subject.unbisEngCARBON
dc.subject.unbisEngENVIRONMENTAL PROTECTION
dc.subject.unbisEngENVIRONMENTAL AGREEMENTS
dc.subject.unbisEngDEVELOPING COUNTRIES
dc.subject.unbisSpaCAMBIO CLIMATICO
dc.subject.unbisSpaMERCADOS
dc.subject.unbisSpaCARBONO
dc.subject.unbisSpaPROTECCION AMBIENTAL
dc.subject.unbisSpaACUERDOS SOBRE EL MEDIO AMBIENTE
dc.subject.unbisSpaPAISES EN DESARROLLO
dc.titleClimate change and reduction of CO2 emissions: the role of developing countries in carbon trade markets
dc.type.coarlibro
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