Lowering the Cost of Emission Reduction: Joint Implementation in the Framework Convention on Climate Change

• 1: Introduction and Motivation.- 1.1 Introduction and Motivation.- 2: Joint Implementation.- 2.1 Introduction.- 2.2 What is Joint Implementation?.- 2.3 Joint Implementation in International Law.- 2.4 Forms of FCCC Trading.- 2.5 Problems.- 2.6 Conclusions.- Appendix 2 A: Agreement Reached at FCCC COP 1 in Berlin, 20 March - 7 April 1995.- 3: The Cost of Carbon in a Carbon Permit Market.- 3.1 Introduction.- 3.2 The FCCC Pilot Phase.- 3.3 Carbon Damage Costs.- 3.4 The Data.- 3.5 Methodology.- 3.6 Results.- 3.7 Sensitivity Analysis.- 3.8 Rusagas.- 3.9 Conclusions.- 4: The Carbon Hierarchy Revisited.- 4.1 Chapter 3’s Results.- 4.2 Support for Chapter 3’s Results.- 4.3 The Carbon Hierarchy.- 4.4 Will Prices Fall as Trading Begins?.- 4.5 Wider Costs of Emission Reduction.- 4.6 Joint Implementation as Foreign Policy.- 4.7 Conclusions.- 5: Summary and Conclusions.- 5.1 Summary.- 5.2 Conclusions.- Units.

' ... Ridley has produced an easy to understand book with a good background on joint implementation.' Journal of Environmental Policy & Planning, 1 (1999)