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This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
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The environmental benefits from the eco-innovation activities of enterprises have the nature of reduced material or water use per unit of output, less pollution and waste, better CO2 "footprint" in production and subsequent business processes. The socioeconomic impacts are associated with...
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We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel … mix. We find that higher carbon taxes and prices of permits in ETS reduce carbon emissions. An increase in carbon taxes by …
Persistent link: https://www.econbiz.de/10012643539
This paper aims to analyse European climate policy's state of the art concerning the urgent need to decarbonize society and the economy and meet pressing climate demands. Decarbonization refers to the progressive reduction of the carbon-to-hydrogen ratio within energy sources. The primary...
Persistent link: https://www.econbiz.de/10014516122
-national levels. This paper examines the relationships between emissions-reducing policies and their effect on the country's economic …, emissions, and carbon tax. GDP usually increases as a country's carbon emissions, carbon tax, R&D, and population increase. The …
Persistent link: https://www.econbiz.de/10013399793
This paper presents a macroeconomic approach to sustainable growth. After clarifying the concept of sustainability, the …
Persistent link: https://www.econbiz.de/10009623407
, green investment, and the trading of carbon credits. We show that carbon pricing reduces firms' emissions but also induces …The control of carbon emissions by policymakers poses the corporate challenge of developing an optimal carbon … management policy. We provide a unified model that characterizes how firms should optimally manage emissions through production …
Persistent link: https://www.econbiz.de/10014484214