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Too Good to Be True? an Examination of Three Economic Assessments of California Climate Change Policy
Stavins, Robert N. - 2008
California's Global Warmi ... …
Persistent link: https://www.econbiz.de/10012773261
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Too Good to Be True? An Examination of Three Economic Assessments of California Climate Change Policy
Stavins, Robert - 2007
severely underestimate costs. This paper provides an evaluation of these three California studies.<br><br>We find that although …California's Global Warming Solutions Act of 2006 limits California's greenhouse gas (GHG) emissions in 2020 to their … were released indicating that California can meet its 2020 target at no net economic cost - raising questions about whether …
Persistent link: https://www.econbiz.de/10012465059
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Too Good to Be True? An Examination of Three Economic Assessments of California Climate Change Policy
Stavins, Robert N.; Jaffe, Judson L.; Schatzki, Todd - 2007
California's Global Warming Solutions Act of 2006 limits California's greenhouse gas (GHG) emissions in 2020 to their … 1990 level. In 2006, three studies were released indicating that California can meet its 2020 target at no net economic … studies reaching such conclusions may simply severely underestimate costs. This paper provides an evaluation of these three …
Persistent link: https://www.econbiz.de/10014052109
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Carbon emissions and cost benefit analyses : ITF/OECD 1st session of the Working Group on Assessment of Policies for Long-term Transition to Sustainable Transport ; Paris, 12-13 De...
Mandell, Svante - 2013
New infrastructure projects may affect CO2 emissions and, thus, cost benefit analyses for these projects require a value to apply for CO2. This may be based on the marginal social cost of emissions or on the carbon price resulting from present and future policies. This paper argues that both...
Persistent link: https://www.econbiz.de/10010336680
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A cost-benefit analysis of the EU 20/20/2020 package
Tol, Richard S. J. - 2010
The European Commission did not publish a cost-benefit analysis for its 2020 climate package. This paper fills that gap, comparing the marginal costs and benefits of greenhouse gas emission reduction. The uncertainty about the marginal costs of climate change is large and skewed, and estimates...
Persistent link: https://www.econbiz.de/10008905742
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Climate policy under fat-tailed risk : an application of dice
Hwang, In Chang; Reynès, Frédéric; Tol, Richard S. J. - 2011
Uncertainty plays a significant role in evaluating climate policy, and fattailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under deep uncertainty? In order to answer to this question we propose an new way...
Persistent link: https://www.econbiz.de/10009271275
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Belts and Suspenders : Interactions Among Climate Policy Regulations
Levinson, Arik - 2010
With few exceptions, economic analyses of "cap-and-trade" permit trading mechanisms for climate change mitigation have been based on first-best scenarios without pre-existing distortions or regulations. The reason is obvious: interactions between permit trading and other regulations will be...
Persistent link: https://www.econbiz.de/10012462547
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Relative prices and climate policy : how the scarcity of non-market goods drives policy evaluation
Drupp, Moritz A.; Hänsel, Martin C. - 2020
Climate change not only impacts production and market consumption, but also the relative scarcity of non-market goods, such as environmental amenities. We study fundamental drivers of the resulting relative price changes, their potential magnitude, and their implications for climate policy in...
Persistent link: https://www.econbiz.de/10012154637
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Relative prices and climate policy : how the scarcity of non-market goods drives policy evaluation
Drupp, Moritz A.; Hänsel, Martin C. - 2018 - This version: January 31, 2018
scarcity of non-market goods on climate policy evaluation is therefore more pervasive than previously suggested. We calibrate … guidance for the evaluation of climate policy. …
Persistent link: https://www.econbiz.de/10011787199
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Belts and Suspenders : Interactions Among Climate Policy Regulations
Levinson, Arik - 2010
With few exceptions, economic analyses of "cap-and-trade" permit trading mechanisms for climate change mitigation have been based on first-best scenarios without pre-existing distortions or regulations. The reason is obvious: interactions between permit trading and other regulations will be...
Persistent link: https://www.econbiz.de/10013142077