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The Flexibility Mechanisms in the Kyoto Protocol

The CDM and How Relevant Would it be for California?--Ariel Dinar, UC Riverside
Nov 03, 2011 from 12:00 PM to 01:30 PM (America/Los_Angeles / UTC-700)
1130 K Street, Room LL3
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The Kyoto Protocol, the (almost) global environmental agreement to reduce CO2 emissions, includes several “flexibility mechanisms” that allow Annex B countries to meet their CO2 reduction obligations in a cost effective way.  One of these mechanisms, the Clean Development Mechanism (CDM) that was put into effect in 2003, gained popularity and produced so far nearly 6000 projects worldwide.  This presentation will review the flexibility mechanisms of the Kyoto protocol with focus on the CDM, its diffusion, its cooperation aspects among developed and developing countries, the cost of abatement through CDM and why it is so attractive, and the factors affecting CDM adoption.  Then the agricultural CDM projects will be discussed with a perspective on how CDM-like mechanism could be of potential interest to California.

Ariel Dinar is a Professor of Environmental Economics and Policy and a Director of the Water Science and Policy Center, Department of Environmental Sciences, University of California, Riverside.  His research and publication touch upon behavioral aspects of water and environmental management, the clean development mechanism, climate change agriculture and water resources, and regional and international cooperation in managing water resources. 


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