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In the long-term stabilization targets of greenhouse gases concentrations, various carbon emission rights allocation schemes have been proposed. To compare and evaluate them, the most essential is the equity-efficiency tradeoff. This paper measures the equity and the efficiency in the global rather than the narrower national perspective. Specifically, the equity of the first allocation is quantified...
The Clean Development Mechanism (CDM) is expected to help Annex I countries achieve their binding commitment through a cost-effective way and to promote sustainable development in non Annex I countries including China, which has been the largest host country in the CDM market. This paper aims at reviewing the CDM practice followed in China from institutional arrangement to the risk and barriers faced...
In this paper, two methods are proposed to assess the efficiency of carbon capture and storage (CCS) involving back-leakage of CO 2 from geological storage reservoirs to the atmosphere. The first method is a physical approach based on radiative forcing. It leads to a criterion that assesses whether a given technology of CCS is physically beneficial compared to a reference technology without...
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