Multiple Gas Control Under the Kyoto Agreement

Joint Program Report
Multiple Gas Control Under the Kyoto Agreement
Reilly, J., M. Mayer and J. Harnisch (2000)
Joint Program Report Series, 7 pages

Report 58 [Download]

Abstract/Summary:

Under the Kyoto Protocol, reductions in emissions of several radiative gases can be credited against a carbon equivalent emissions cap. We investigate the economic implications of including other greenhouse gases and sinks in the climate change control policy using our revised and updated version of the Emissions Prediction and Policy Analysis (EPPA) model. In addition we amended our methane abatement curves based on different interpretations of estimates that substantial abatement of methane can be obtained at no cost. The inclusion of other greenhouse gases and CO2 sinks reduces the costs of achieving CO2 emissions reductions specified under the agreement.

Citation:

Reilly, J., M. Mayer and J. Harnisch (2000): Multiple Gas Control Under the Kyoto Agreement. Joint Program Report Series Report 58, 7 pages (http://globalchange.mit.edu/publication/14244)
  • Joint Program Report
Multiple Gas Control Under the Kyoto Agreement

Reilly, J., M. Mayer and J. Harnisch

Report 

58
7 pages
2000

Abstract/Summary: 

Under the Kyoto Protocol, reductions in emissions of several radiative gases can be credited against a carbon equivalent emissions cap. We investigate the economic implications of including other greenhouse gases and sinks in the climate change control policy using our revised and updated version of the Emissions Prediction and Policy Analysis (EPPA) model. In addition we amended our methane abatement curves based on different interpretations of estimates that substantial abatement of methane can be obtained at no cost. The inclusion of other greenhouse gases and CO2 sinks reduces the costs of achieving CO2 emissions reductions specified under the agreement.