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"Seminal work by Weitzman (1974) revealed prices are preferred to quantities when marginal benefits are relatively flat compared to marginal costs. We extend this comparison to indexed policies, where quantities are proportional to an index, such as output. We find that policy preferences hinge...
Persistent link: https://www.econbiz.de/10003716060
Seminal work by Weitzman (1974) revealed prices are preferred to quantities when marginal benefits are relatively flat compared to marginal costs. We extend this comparison to indexed policies, where quantities are proportional to an index, such as output. We find that policy preferences hinge...
Persistent link: https://www.econbiz.de/10012759315
Seminal work by Weitzman (1974) revealed prices are preferred to quantities when marginal benefits are relatively flat compared to marginal costs. We extend this comparison to indexed policies, where quantities are proportional to an index, such as output. We find that policy preferences hinge...
Persistent link: https://www.econbiz.de/10012464655
Persistent link: https://www.econbiz.de/10013176976
Umweltpolitik der vergangenen Jahre: Die Verordnung 443/2009 zur Verringerung der CO2-Emissionen von Personenkraftwagen. Im … Vorstellungen des am wenigsten ambitionierten Mitgliedstaates geprägt, in diesem Fall Deutschland, mit seiner volkswirtschaftlich … Ratsverhandlungen vermochte Deutschland gemeinsam mit den vorwiegend osteuropäischen Ländern, in denen Tochtergesellschaften und …
Persistent link: https://www.econbiz.de/10008758775
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic implications. Based on stylized theoretical analysis and...
Persistent link: https://www.econbiz.de/10003897546
Sub-national governments are now seen as having an important role to play in climate protection. Initial research in this area sought to identify their initiatives in climate change mitigation and theorize their role in relation to national and international climate protection policies. Because...
Persistent link: https://www.econbiz.de/10003869312
Biochar is a carbon-rich solid obtained from the heating of biomass in the (near) absence of oxygen in a process called pyrolysis. Its soil incorporation is increasingly discussed as a means to sequester carbon in soils and, thus, to help mitigate climate change. When deployed in agricultural...
Persistent link: https://www.econbiz.de/10010519868
Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon...
Persistent link: https://www.econbiz.de/10009419734
A common policy for reducing particulate matter concentrations in the European Union is the introduction of Low Emission Zones (LEZs), which may only be entered by vehicles meeting predefined emission standards. This paper examines the effectiveness of LEZs for reducing PM10 levels in urban...
Persistent link: https://www.econbiz.de/10010350795