Number: RL30285
Title: GLOBAL CLIMATE CHANGE: LOWERING COST ESTIMATES THROUGH EMISSIONS TRADING-SOME DYNAMICS AND PITFALLS
Authors: Larry Parker, Resources, Science, and Industry Division 
Abstract: With the negotiation of the Kyoto Protocol, international emissions trading has become the centerpiece of efforts to minimize costs of reducing greenhouse gas emissions. A review of existing cost analyses of U.S. compliance with the Kyoto Protocol indicates consensus that the potential for international emission trading to reduce compliance cost is substantial and indisputable. However, this report also indicates that potential for turning that potential into fact is problematic and that other alternatives may deserve a hearing.
Pages: 13
Date: Updated August 20, 1999