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Modelling Economic Impacts of Alternative International Climate Policy Architectures. A Quantitative and Comparative Assessment of Architectures for Agreement
Valentina Bosetti, Fondazione Eni Enrico Mattei
Alessandra Sgobbi, Fondazione Eni Enrico Mattei
Carlo Carraro, Fondazione Eni Enrico Mattei, University of Venice, CEPR, CESifo and CMCC
Massimo Tavoni, Fondazione Eni Enrico Mattei, Catholic University of Milan and CMCC
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ABSTRACT:
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political acceptability which is measured in terms of feasibility and enforceability. The ultimate aim is to derive useful information for designing a future agreement on climate change control.

SUGGESTED CITATION:
Valentina Bosetti, Alessandra Sgobbi, Carlo Carraro, and Massimo Tavoni, "Modelling Economic Impacts of Alternative International Climate Policy Architectures. A Quantitative and Comparative Assessment of Architectures for Agreement" (October 22, 2008). Fondazione Eni Enrico Mattei Working Papers. Working Paper 244.
http://www.bepress.com/feem/paper244