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Environmental Policy and Investment Location : The Risk of Carbon Leakage in the EU ETS
D’Arcangelo, Filippo M.; Galeotti, Marzio - 2022
This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross … in areas outside the EU ETS. To study this problem, we employ a model of the firm’s investment decision in conjunction … sensitivity to carbon pricing from observed pollution data. This allows to identify the effect of the EU ETS on international …
Persistent link: https://www.econbiz.de/10014239255
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A Quantitative Assessment of the Implications of Including Non-CO2 Emissions in the European ETS
Orecchia, Carlo - 2014
to analyse the implications for the European Union (EU) of including non-CO2 GHG emissions in its cap and trade system …
Persistent link: https://www.econbiz.de/10013061089
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Monitoring and Enforcement of Climate Policy
Sigman, Hilary - 2010
This chapter applies recent research on environmental enforcement to a potential U.S. program to control greenhouse gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon...
Persistent link: https://www.econbiz.de/10012462535
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Carbon Motivated Regional Trade Arrangements : Analytics and Simulations
Dong, Yan - 2009
This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong & Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...
Persistent link: https://www.econbiz.de/10012463767
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The Impact of Unilateral Climate Policy with Endogenous Plant Location and Market Size Asymmetry
Sanna Randaccio, Francesca - 2010
This paper analyses the impact of unilateral climate policy on firms' international location strategies in emission-intensive sectors, when countries differ in terms of market size. The cases of partial and total relocation via foreign direct investment are separately considered. A simple...
Persistent link: https://www.econbiz.de/10013137454
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Using the Market to Address Climate Change : Insights from Theory and Experience
Aldy, Joseph E. - 2011
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual consumption, business investment, and government spending. An effective climate policy will have to modify the decision calculus for these activities in the...
Persistent link: https://www.econbiz.de/10013118252
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Making China the Transition to a Low-Carbon Economy : Key Challenges and Responses
Zhang, ZhongXiang - 2016
China has realized that for its own sake and from the international community's perspective, it cannot afford to continue along the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of...
Persistent link: https://www.econbiz.de/10013001043
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Directed Technical Change and Climate Policy
Otto, Vincent M. - 2006
This paper studies the cost effectiveness of climate policy if there are technology externalities. For this purpose, we develop a forward-looking CGE model that captures empirical links between CO2 emissions associated with energy use, directed technical change and the economy. We find the...
Persistent link: https://www.econbiz.de/10012734148
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Cooperation and Competition in Climate Change Policies : Mitigation and Climate Engineering When Countries are Asymmetric
Manoussi, Vassiliki - 2014
We study a dynamic game of climate policy design in terms of emissions and solar radiation management (SRM) involving two heterogeneous regions or countries. Countries emit greenhouse gasses (GHGs), and can block incoming radiation by unilateral SRM activities, thus reducing global temperature....
Persistent link: https://www.econbiz.de/10013040613
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Energy, Groundwater, and Crop Choice
Burlig, Fiona; Preonas, Louis; Woerman, Matt - National Bureau of Economic Research - 2021
Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as the policies intended to increase their sustainability--increase costs to agricultural producers, with unknown consequences. This paper provides the first large-scale empirical...
Persistent link: https://www.econbiz.de/10012510584