Calendrier du 10 octobre 2016
Roy Seminar (ADRES)
Du 10/10/2016 de 17:00 à 18:30
Campus jourdan,Bâtiment E, Rez de chaussée, Salle 101
VIEILLE Nicolas (HEC)
On the speed of learning: do actions really speak louder ?
GSIELM (Graduate Students International Economics and Labor Market) Lunch Seminar
Du 10/10/2016 de 13:00 à 14:00
MSE(106, Blv de l'Hôpital, salle S115) 75013 Paris
CLAVERES Guillaume (Paris 1-PSE)
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Régulation et Environnement
Du 10/10/2016 de 12:30 à 14:00
Campus jourdan, Bâtiment G, Rez de chaussée, Salle 10
DECHEZLEPRETRE Antoine (LSE/OECD)
Do Pollution Offsets Offset Pollution? Evidence from the Clean Development Mechanism in India
We provide the first large-scale empirical evaluation of the additionality of the Kyoto Protocol’s Clean Development Mechanism, the largest carbon emissions offset mechanism in the world, based on the universe of wind power projects implemented in India during the period 1993-2013. We deal with the self-selection of project developers into the CDM by comparing CDM projects with non-CDM projects, which are by definition not additional. We find strong evidence that the majority of CDM projects are not additional, suggesting that a large share of CDM carbon credits does not represent real emission reductions. Furthermore, the more profitable projects are, the more likely they are to receive carbon credits. Hence, the CDM is doing the opposite of its objective function, i.e. supporting projects that would have existed anyway rather than inframarginal projects.