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Title: The impact of the EUs carbon emissions reduction proposals on the stability of global climate agreements
Authors: Bréchet, T. ×
Eyckmans, Johan
Gérard, F.
Marbaix, P.
Tulkens, H.
Van Ypersele, J. #
Issue Date: Mar-2010
Publisher: Elsevier Science
Series Title: Climate Policy vol:10 issue:2 pages:148-166
Abstract: The negotiation strategy of the European Union was analysed with respect to the formation of an international climate agreement for the post-2012 era. Game theory was employed to explore the incentives for key players in the climate policy arena to join future climate agreements. A -20% unilateral commitment strategy by the EU was compared with a multilateral -30% emission reduction strategy for all Annex-B countries. Using a numerical integrated assessment climate-economy simulation model, we found that leakage, in the sense of strategic policy reactions on emissions, was negligible. The EU strategy to reduce emissions by 30% (compared with 1990 levels) by 2020, if other Annex-B countries follow suit, does not induce the participation of the USA with a comparable reduction commitment. However, we argue that the original EU proposal can be reshaped so as to stabilize a larger and more ambitious climate coalition than the Kyoto Protocol in its first commitment period.
ISSN: 1469-3062
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center of Energy, Transport and Environment, Leuven
Research Centre for Economics and Corporate Sustainability, Campus Brussels
Faculty of Economics and Business (FEB) - miscellaneous
× corresponding author
# (joint) last author

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