Incomplete international cooperation to reduce CO[sub 2] emissions: Alternative policies

Journal Article · Sat May 01 04:00:00 EDT 1993 · Journal of Environmental Economics and Management; (United States)

DOI:https://doi.org/10.1006/jeem.1993.1017· OSTI ID:6288412

Bohm, P ^[1]

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1. Univ. of Stockholm (Sweden)

As a first step toward a global treaty to control CO[sub 2] emissions, individual countries contemplate unilateral reductions in their fuel use. Such actions, if significant, would reduce world-market fuel prices, thereby stimulating fuel use elsewhere and causing problems for exporting countries, possibly jeopardizing this policy initiative. Among the Policy alternatives for mitigating the price effects of reduced demand, reduced fuel consumption combined with buying or leasing fuel deposits to achieve a reduced supply is discussed in particular. This policy, which at first seems prohibitively costly, is shown to dominate the original policy approach under a fairly wide set of circumstances.

• OSTI ID: 6288412
• Journal Information: Journal of Environmental Economics and Management; (United States), Journal Name: Journal of Environmental Economics and Management; (United States) Vol. 24:3; ISSN 0095-0696; ISSN JEEMDI
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
290301* -- Energy Planning & Policy-- Environment
Health
& Safety-- Regional & Global Environmental Aspects-- (1992-)
AGREEMENTS
CARBON COMPOUNDS
CARBON DIOXIDE
CARBON OXIDES
CHALCOGENIDES
CLIMATIC CHANGE
CONTROL
COOPERATION
ENERGY CONSUMPTION
FUEL CONSUMPTION
GLOBAL ANALYSIS
GREENHOUSE EFFECT
GREENHOUSE GASES
INTERNATIONAL AGREEMENTS
INTERNATIONAL COOPERATION
MARKET
MATHEMATICS
OXIDES
OXYGEN COMPOUNDS
POLLUTION CONTROL
PRICES
RECOMMENDATIONS
SUPPLY AND DEMAND