TABLE 1: Scenario summary for proposed reductions in greenhouse gas emissions.

QELRO   Tradable permit   Domestic carbon tax  
Stabilize at 1990 levels by 2010   No international trading: “2010” scenario

International trading within Annex I countries:    “2010@ITP” scenario  
Debt reduction:
“2010@DEBT” scenario
Revenue neutral:
“2010@REV” scenario
Stabilize at 1990 levels by 2015   No international trading: “2015” scenario    
10% reduction from 1990 levels by 2010   No international trading: “2010@10%” scenario    

Annex I Countries: All OECD countries (except Mexico and South Korea), the European Union, and 12 countries undergoing the transition to a market economy.

Annex II Countries: All Annex I countries except the 12 countries undergoing the transition to a market economy.