Showing 1 - 10 of 31
Persistent link: https://www.econbiz.de/10011620554
I review the literature on the economic impacts of climate change, an externality that is unprecedentedly large, complex, and uncertain. Only 14 estimates of the total damage cost of climate change have been published, a research effort that is in sharp contrast to the urgency of the public...
Persistent link: https://www.econbiz.de/10003770241
Multi-gas approaches to climate change policies require a metric establishing "equivalences" among emissions of various species. Climate scientists and economists have proposed four classes of such metrics and debated their relative merits. We present a unifying framework that clarifies the...
Persistent link: https://www.econbiz.de/10003770248
We examine the impact of recent tax reforms in Ireland on private car transport and its greenhouse gas emissions. A carbon tax was introduced on fuels, and purchase (vehicle registration) and ownership (motor) taxes were switched from engine size to potential emissions. We use a demographic...
Persistent link: https://www.econbiz.de/10003990410
there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have … stings attached, i.e. each emits a specific stock pollutant. Damages are convex in individual pollution stocks but additive … across stocks, creating gains from diversification. The research and pollution policies are tightly linked in such a setting …
Persistent link: https://www.econbiz.de/10003592656
the new technology may turn out to generate a new pollution problem. R&D may therefore be optimally undertaken more than … the optimal pollution and R&D policies. The optimal R&D program is strictly sequential and has an endogenous stopping …
Persistent link: https://www.econbiz.de/10003592670
We assess the subsidy for the installation of biomass boilers and wood gasification boilers under the Greener Homes Scheme in Ireland. We find that the (implicit) subsidy per tonne of carbon dioxide avoided varies hugely across households. The current policy costs 17% too much for the emissions...
Persistent link: https://www.econbiz.de/10009009601
Research into the social cost of carbon emissions - the marginal social damage from a tonne of emitted carbon - has tended to focus on "best guess" scenarios. Such scenarios generally ignore the potential for low-probability, high-damage events, which are critically important to determining...
Persistent link: https://www.econbiz.de/10009157026
emit the least per person. -- pollution ; household emissions ; distributional analysis …
Persistent link: https://www.econbiz.de/10009531371
The analysis of gas emissions by an input-output subsystem approach provides detailed insights into pollution …
Persistent link: https://www.econbiz.de/10009260810