Estimates of the costs of Kyoto-Marrakesh versus the McKibbin-Wilcoxen Blueprint
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Estimates of the costs of Kyoto-Marrakesh versus the McKibbin-Wilcoxen Blueprint

In this paper we update our earlier estimates of the cost of the Kyoto Protocol using the G-Cubed model, taking into account the new sink allowances from recent negotiations as well as allowing for multiple gases and new land clearing estimates. 

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Executive Summary

Rather than comparing this to the original Kyoto Protocol as other studies have done, we compare the estimates from the current Kyoto Protocol to a realistic alternative to the Kyoto Protocol outlined by McKibbin and Wilcoxen. 

Areas of expertise: Climate change policy; globalisation and disease; international macroeconomic policy; international trade policy; global demographic change; global economic modeling
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