caa a22 4500 445854642 CHVBK 20180317145424.0 cr unu---uuuuu 170323e20110701xx s 000 0 eng 10.1007/s10640-010-9439-5 doi (NATIONALLICENCE)springer-10.1007/s10640-010-9439-5 Project Mechanisms and Technology Diffusion in Climate Policy [Elektronische Daten] [Matthieu Glachant, Yann Ménière] The paper deals with the diffusion of GHG mitigation technologies in developing countries. We develop a model where an abatement technology is progressively adopted by firms and we use it to compare the Clean Development Mechanism (CDM) with a standard Cap and Trade scheme (C&T). In the presence of learning spillovers, we show that the CDM yields a higher social welfare than C&T if the first adopter receives CDM credits whereas the followers do not. The analysis leads us to suggest two CDM design improvements: relaxing the additionality constraint for projects which generate significant learning externalities, and allowing collective CDM projects which could internalize learning externalities. Springer Science+Business Media B.V., 2010 Climate policy nationallicence Technology diffusion nationallicence Kyoto Protocol nationallicence Clean development mechanism nationallicence Emissions trading nationallicence Glachant Matthieu Cerna, MINES ParisTech, 60 bd Saint Michel, 75006, Paris, France aut Ménière Yann Cerna, MINES ParisTech, 60 bd Saint Michel, 75006, Paris, France aut Environmental and Resource Economics Springer Netherlands 49/3(2011-07-01), 405-423 0924-6460 49:3<405 2011 49 10640 https://doi.org/10.1007/s10640-010-9439-5 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10640-010-9439-5 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Glachant Matthieu Cerna, MINES ParisTech, 60 bd Saint Michel, 75006, Paris, France aut NATIONALLICENCE 700 1- Ménière Yann Cerna, MINES ParisTech, 60 bd Saint Michel, 75006, Paris, France aut NATIONALLICENCE 773 0- Environmental and Resource Economics Springer Netherlands 49/3(2011-07-01), 405-423 0924-6460 49:3<405 2011 49 10640 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer