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Super-Additionality: A Neglected Force in Markets for Carbon Offsets

Bento, Antonio; Kanbur, Ravi; Leard, Benjamin - C.E.P.R. Discussion Papers - 2012

Climate change mitigation programs classify two types of carbon offsets: Additional and non-additional. Additional offsets are offsets that correspond to actual reductions in emissions. In contrast, non-additional offsets are offsets that do not correspond to emissions reductions. These offsets...

Persistent link: https://www.econbiz.de/10011083359

The Race for Polluting Permits

Brechet, Thierry; Peralta, Susana - C.E.P.R. Discussion Papers - 2007

International markets for tradable emission permits (TEP) co-exist with national energy taxation. A firm trading emission permits in the international market also pays energy taxes in its host country, thus creating an interaction between the international TEP-market and national energy taxes....

Persistent link: https://www.econbiz.de/10005666994

Designing Carbon Taxation Schemes for Automobiles: A Simulation Exercise for Germany

Adamou, Adamos; Clerides, Sofronis; Zachariadis, Theodoros - C.E.P.R. Discussion Papers - 2012

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/10011084619

The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding

Desmet, Klaus; Nagy, David Krisztián; Rossi-Hansberg, … - C.E.P.R. Discussion Papers - 2015

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...

Persistent link: https://www.econbiz.de/10011252617

Second-Best Carbon Taxation in the Global Economy: The Green Paradox and Carbon Leakage Revisited

van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2015

Unilateral second-best carbon taxes are analysed in a two-period, two-country model with international trade in final goods, oil and bonds. Acceleration of global warming resulting from a future carbon tax is large if the price elasticities of oil demand are large and that of oil supply is...

Persistent link: https://www.econbiz.de/10011262885

Climate Policy and Developing Countries

Gersbach, Hans; Hummel, Noemi - C.E.P.R. Discussion Papers - 2011

We suggest a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...

Persistent link: https://www.econbiz.de/10009365009

International Emission Permit Markets with Refunding

Gersbach, Hans; Winkler, Ralph - C.E.P.R. Discussion Papers - 2008

We propose a blueprint for an international emission permit market such as the EU trading scheme. Each country decides on the amount of permits it wants to offer. A fraction of these permits is grandfathered, the remainder is auctioned. Revenues from the auction are collected in a global fund...

Persistent link: https://www.econbiz.de/10005666487

Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action

Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2009

This paper builds on the assumption that OECD countries are (or will soon be) taking actions to reduce their greenhouse gas emissions. These actions, however, will not be sufficient to control global warming, unless developing countries also get involved in the cooperative effort to reduce GHG...

Persistent link: https://www.econbiz.de/10004964422

Uncertainty, Climate Change and the Global Economy

Persson, Torsten; von Below, David - C.E.P.R. Discussion Papers - 2008

The paper illustrates how one may assess our comprehensive uncertainty about the various relations in the entire chain ….5 °C. The 99 percent confidence interval ranges from 3.0 °C to 6.9 °C. Uncertainty about socio-economic drivers of climate … change lie behind a non-trivial part of this uncertainty about global warming. …

Persistent link: https://www.econbiz.de/10005792234

What Should we Expect from Innovation? A Model-Based Assessment of the Environmental and Mitigation Cost Implications of Climate-Related R&D

Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - C.E.P.R. Discussion Papers - 2010

This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...

Persistent link: https://www.econbiz.de/10008468637

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