Implementing the Kyoto Protocol without Russia
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In: Climate Policy, Vol. 4, No. 2, 01.01.2004, p. 143-152.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Implementing the Kyoto Protocol without Russia
AU - Haites, Erik
AU - Yamin, Farhana
AU - Blanchard, Odile
AU - Kemfert, Claudia
PY - 2004/1/1
Y1 - 2004/1/1
N2 - This paper examines implementation of the Kyoto Protocol without Russia. It concludes that implementation without Russia is possible, although it requires political will on the part of the countries that wish to proceed with the Protocol. It would lead to higher compliance costs for Annex B buyer regions, but other regions, except Russia, would benefit financially. Russia would forego revenue of at least $20 billion for the first commitment period. Implementation without Russia could improve the environmental performance of the Protocol. It would reduce reliance on Annex B sinks, use of surplus assigned amount units (AAUs) for compliance, and the quantity of Kyoto units banked for subsequent commitment periods. Actual emissions by Kyoto Protocol Parties would fall, but the reduction may be offset by leakage to the US and Russia.
AB - This paper examines implementation of the Kyoto Protocol without Russia. It concludes that implementation without Russia is possible, although it requires political will on the part of the countries that wish to proceed with the Protocol. It would lead to higher compliance costs for Annex B buyer regions, but other regions, except Russia, would benefit financially. Russia would forego revenue of at least $20 billion for the first commitment period. Implementation without Russia could improve the environmental performance of the Protocol. It would reduce reliance on Annex B sinks, use of surplus assigned amount units (AAUs) for compliance, and the quantity of Kyoto units banked for subsequent commitment periods. Actual emissions by Kyoto Protocol Parties would fall, but the reduction may be offset by leakage to the US and Russia.
KW - Economics
KW - Entry into Force
KW - Kyoto Protocol
KW - Russia
UR - http://www.scopus.com/inward/record.url?scp=20644461922&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/551301ec-9340-366a-9719-9806a8a62395/
U2 - 10.1080/14693062.2004.9685517
DO - 10.1080/14693062.2004.9685517
M3 - Journal articles
AN - SCOPUS:20644461922
VL - 4
SP - 143
EP - 152
JO - Climate Policy
JF - Climate Policy
SN - 1469-3062
IS - 2
ER -