This compendium contains a collection of key papers from the journal Energy Policy, offering a valuable reference point on the role of flexibility mechanisms in the mitigation of climate change. Originally published between December 1999 and August 2001, all of these articles concern particular aspects of the Kyoto mechanisms or variations on the theme of flexibility that have evolved elsewhere.

For better or for worse, flexibility mechanisms have become a part of the institutional architecture of energy policy in the 21^st Century.

As the contributions to this...