Do Intensity Targets Control Uncertainty Better than Quotas? Conditions, Calibrations, and Caveats

Among policy instruments to control future greenhouse gas emissions, well-calibrated general intensity targets are known to lead to lower uncertainty on the amount of abatement than emissions quotas (Jotzo and Pezzey 2004). The authors test whether this result holds in a broader framework, and wheth...

Full description

Bibliographic Details
Main Authors: Marschinski, Robert, Lecocq, Franck
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/10/7125500/intensity-targets-control-uncertainty-better-quotas-conditions-calibrations-caveats
http://hdl.handle.net/10986/9016