Christoph Böhringer

TL;DR: This article showed that gradual convergence from sovereignty towards egalitarianism could provide a pragmatic solution to the equity debate, when combined with international emissions trading, the convergence approach stands out for offering the developing countries substantial incentives for participation in the international greenhouse gas abatement effort without imposing excessive burdens on the industrialized countries.

TL;DR: In this paper, the authors assess the costs of compliance with the Kyoto Protocol and explore the robustness of results with respect to changes in the values of key elasticities as well as other major assumptions, such as the baseline growth path or the scope of the abatement coalition.

TL;DR: In this article, three computable general equilibrium models are used to estimate the economic implications of a stylized version of EU climate policy, and the models agree that the distortions introduced by total EU package imply a substantial welfare loss over and above the costs needed to meet the climate target.