Flexible Mechanisms for an Efficient Climate Policy
Stronzik, Marcus / Brockmann, Karl L.![Flexible Mechanisms for an Efficient Climate Policy](https://support.digitalhusky.com/media/annotations/sorted/154/15413019/CHSBZCOP0315413019.jpg)
In the Kyoto Protocol to the UN Framework Convention on Climate Change, industrialized countries agreed on binding absolute targets for greenhouse gas emissions and on the admission of flexible market-economy instruments - such as emissions trading, joint implementation and the clean development mechanism - used for reaching the targets. The contributions in this volume reveal that flexible instruments can lower the costs of climate protection...