英文摘要 |
This study tries to find the impacts of emission trading and jointimplementation policies on the total CO2 abatement cost. Both policieswere proposed in 1997 Kyoto Protocol. Some studies concluded that theemission trading was the most cost-effective policy. It is also believedthat the joint implementation can reduce the abatement costs when theinvesting country’s abatement cost is higher than it in the host country.And the joint implementation will strip the opportunity of doing thedomestic abatement action by the host country. Whenever the jointimplementation can be applied, the benefits obtained by the investingcountry must be higher than the lost of opportunity cost in the hostcountry. This study finds that the emission trading and jointimplementation can be applied simultaneously when the abatementtechnology used in each country has significant difference. Meanwhile,the total abatement costs of the whole system, that is the summation ofindividual country’s abatement cost, will be minimal to achieve the CO2abating target. |