Vasa, A.

emission country project industrialised countries emission reductions kyoto protocol eu ets low-carbon societies kyoto development reduction cdm incentivises governments industrialised climate wind-fall rent gains low-carbon framework approach perspective protocol fund-approach results future research compliance dimension energy policy alternative approaches emission limits kyoto targets abatement strategy chinese government climate change year 2050. cdm system use cdm project cost-effectiveness cdm approach development mechanism book outlines penalty fees low-carbon policies choice approach