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Joint Implementation and the Second Sulphur Protocol

Joint Implementation and the Second Sulphur Protocol
Joint Implementation and the Second Sulphur Protocol
This article analyzes the role that joint implementation (JI) might play in reducing the costliness of meeting the environmental objectives of the Second Sulphur Protocol (SSP). The experience of JI within two other major environmental agreements (the Framework Convention on Climate Change (FCCC), and the Allowance Trading Program (ATP) in the United States (US) is reviewed to see what lessons might be learned for the SSP. The article argues that the structure of the sulphur protocol limits considerably the potential for cost savings through JI in the short term. In the long term, however, JI will play a large role in the restructuring of the European electricity-generating industry, as existing power plants are replaced with capital which is compatible with the standards of the SSP.
296-303
Mason, Robin
c989f0e0-de54-495d-aeaf-75b42d62cb61
Mason, Robin
c989f0e0-de54-495d-aeaf-75b42d62cb61

Mason, Robin (1995) Joint Implementation and the Second Sulphur Protocol. Review of European Community and International Environmental Law, 4 (4), 296-303. (doi:10.1111/j.1467-9388.1995.tb00244.x).

Record type: Article

Abstract

This article analyzes the role that joint implementation (JI) might play in reducing the costliness of meeting the environmental objectives of the Second Sulphur Protocol (SSP). The experience of JI within two other major environmental agreements (the Framework Convention on Climate Change (FCCC), and the Allowance Trading Program (ATP) in the United States (US) is reviewed to see what lessons might be learned for the SSP. The article argues that the structure of the sulphur protocol limits considerably the potential for cost savings through JI in the short term. In the long term, however, JI will play a large role in the restructuring of the European electricity-generating industry, as existing power plants are replaced with capital which is compatible with the standards of the SSP.

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Published date: December 1995

Identifiers

Local EPrints ID: 33439
URI: http://eprints.soton.ac.uk/id/eprint/33439
PURE UUID: 10add977-61f0-4900-901d-218d3beb468a

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Date deposited: 14 Dec 2007
Last modified: 15 Mar 2024 07:44

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Author: Robin Mason

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