Compliance and emissions trading under the Kyoto Protocol: rules for uncertain inventories

Nahorski, Z., Horabik, J., & Jonas, M. ORCID: https://orcid.org/0000-0003-1269-4145 (2007). Compliance and emissions trading under the Kyoto Protocol: rules for uncertain inventories. In: Accounting for Climate Change. pp. 119-138 Dordrecht, The Netherlands: Springer. ISBN 978-1-4020-5930-8 10.1007/978-1-4020-5930-8_10.

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Abstract

A solution is proposed for proving compliance with emission targets and for emissions trading in the event of uncertainties in reported emission inventories. The solution is based on the undershooting concept, from which the mathematical conditions for both proving compliance with a risk α and calculating effective emissions for trading are derived. Based on the reported emission units, the number of permits granted is reduced in proportion to the uncertainty in the inventory. A country whose inventory has higher uncertainty is thereby allotted fewer permits than a country with the same inventory but smaller uncertainty.

Item Type: Book Section
Research Programs: Forestry (FOR)
Depositing User: Romeo Molina
Date Deposited: 12 May 2016 14:28
Last Modified: 27 Aug 2021 17:26
URI: https://pure.iiasa.ac.at/13197

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