Summary
Joint implementation secures low cost emission reduction by changing the location at which emission reduction is undertaken: emission reduction is undertaken abroad where it costs less, rather than at home where it costs more. Joint implementation sees low cost emission reduction brought forward in time to be undertaken now whilst expensive emission reduction is deferred into the future.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1998 Springer Science+Business Media Dordrecht
About this chapter
Cite this chapter
Ridley, M.A. (1998). Summary and Conclusions. In: Lowering the Cost of Emission Reduction: Joint Implementation in the Framework Convention on Climate Change. Environment & Policy, vol 10. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-5256-3_5
Download citation
DOI: https://doi.org/10.1007/978-94-011-5256-3_5
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-6211-4
Online ISBN: 978-94-011-5256-3
eBook Packages: Springer Book Archive