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Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake
Rudolph, Sven; Schneider, Friedrich - CESifo - 2011
The Great Tôhoku-Earthquake and the following nuclear meltdown in Fukushima called the world’s attention to Japans’ energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from reaching its Kyoto target. Emissions trading systems...
Persistent link: https://www.econbiz.de/10009364314
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Green Serves the Dirtiest: On the Interaction between Black and Green Quotas
Böhringer, Christoph; Rosendahl, Knut Einar - CESifo - 2009
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/10008533987
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EU-Type Carbon Emissions Trade and the Distributional Impact of Overlapping Emissions Taxes
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2009
The European Union fulfills its emissions reductions commitments by means of an emissions trading scheme covering some part of each member state’s economy and by national emissions control in the rest of their economies. The member states also levy energy/emissions taxes overlapping with the...
Persistent link: https://www.econbiz.de/10005051535
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Efficient CO2 Emissions Control with National Emissions Taxes and International Emissions Trading
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2007
In a group of countries like the European Union all countries seek to achieve their national CO2 emissions target by a joint emissions trading scheme covering some part of their economies (trading sector) and by a national emissions tax in the rest of their economies (nontrading sector)....
Persistent link: https://www.econbiz.de/10005406137
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International Carbon Emissions Trading and Strategic Incentives to Subsidize Green Energy
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2010
This paper examines strategic incentives to subsidize green energy in a group of countries that operates an international carbon emissions trading scheme. Welfare-maximizing national governments have the option to discriminate against energy from fossil fuels by subsidizing green energy,...
Persistent link: https://www.econbiz.de/10008583699
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Application of Regionally Varying Additionality Degrees in the Practice of EU Cohesion Policy
Nam, Chang Woon; Wamser, Georg - CESifo - 2010
The additionality principle says that the funds of the European Union should not replace, but be an addition to … study examines how such additionality degrees are determined. Our findings indicate that the regional variation of … additionality degrees is largely in line with EU cohesion policy goals. Most notably, higher shares of EU funds are provided to …
Persistent link: https://www.econbiz.de/10008534011
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Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes
Fischer, Carolyn; Newell, Richard G.; Preonas, Louis - CESifo - 2014
Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures justify additional interventions when a carbon price is...
Persistent link: https://www.econbiz.de/10010764280
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Coordinating Climate and Trade Policies: Pareto Efficiency and the Role of Border Tax Adjustments
Keen, Michael; Kotsogiannis, Christos - CESifo - 2011
This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distributional...
Persistent link: https://www.econbiz.de/10009147741
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Ambiguity Aversion is the Exception
Kocher, Martin G.; Lahno, Amrei M.; Trautmann, Stefan T. - CESifo - 2015
An extensive literature has studied ambiguity aversion in economic decision making, and how ambiguity aversion can account for empirically observed violations of expected utility-based theories. Almost all relevant applied models presume a general dislike of ambiguity. In this paper, we provide...
Persistent link: https://www.econbiz.de/10011205383
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Will Skyscrapers Save the Planet? Building Height Limits and Urban Greenhouse Gas Emissions
Borck, Rainald - CESifo - 2014
This paper studies the effectiveness of building height limits as a policy to limit greenhouse gas (GHG) emissions. It shows that building height limits lead to urban sprawl and higher emissions from commuting. On the other hand, aggregate housing consumption may decrease which reduces emissions...
Persistent link: https://www.econbiz.de/10010764297