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Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage....
Persistent link: https://www.econbiz.de/10011305225
Alternative perspectives on the structure of international trade have important implications for the evaluation of climate policy. In this paper we assess climate policy in the context of three important alternative trade formulations. First is a Heckscher-Ohlin model based on trade in...
Persistent link: https://www.econbiz.de/10011305286
Energy security ranks high on the policy agenda of many countries. To improve on energy security, governments undertake regulatory measures for promoting renewable energy, increasing energy efficiency, or curbing carbon dioxide emissions. The impacts of such measures on energy security are...
Persistent link: https://www.econbiz.de/10011305322
The cost-effectiveness of unilateral emission abatement can be seriously hampered by emission leakage. We assess three widely-discussed proposals for leakage reduction targeted at energy-intensive and trade-exposed industries: border tax adjustments, output-based allocation and industry...
Persistent link: https://www.econbiz.de/10009698129
Persistent link: https://www.econbiz.de/10002460917
In response to anthropogenic climate change, developed countries have committed themselves to raise 100 billion USD a year from 2020 onwards for addressing the needs of developing countries. In this paper, we investigate the economic and CO2 emission impacts of four alternative options for...
Persistent link: https://www.econbiz.de/10011756838
as well as negative effects on labor demand. In addition, JI triggers direct investment demand for energy efficient power …Germany has committed itself to reducing its carbon emissions by 25 percent in 2005 as compared to 1990 emission levels … reduction possibilities elsewhere. One concrete option for Germany would be to enter joint implementation with developing …
Persistent link: https://www.econbiz.de/10014089255
This paper introduces a solution for the fair division of common property resources in production economies with multiple inputs and outputs. It is derived from complementing the Walrasian solution by welfare bounds, whose ethical justification rests on commonality of ownership. We then apply...
Persistent link: https://www.econbiz.de/10014110303
which is based on a large-scale computable general equilibrium model for the world economy indicates that spillover effects …
Persistent link: https://www.econbiz.de/10014090178
which is based on a large-scale computable general equilibrium model for the world economy indicates that spillover effects …
Persistent link: https://www.econbiz.de/10011444513