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Climate Change Mitigation Options and Directed Technical Change: A Decentralized Equilibrium Analysis
Grimaud, André; Lafforgue, Gilles; Magné, Bertrand - CESifo - 2009
The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …
Persistent link: https://www.econbiz.de/10008572565
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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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Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action
Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - CESifo - 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/10005010150
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The Learning Process and Technological Change in Wind Power: Evidence from China's CDM Wind Projects
Tang, Tian; Popp, David - CESifo - 2014
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010752785
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The Role of Carbon Capture and Sequestration Policies for Climate Change Mitigation
Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - CESifo - 2012
-side perspective, carbon capture and storage (CCS) policies differ substantially from renewable energy policies: they increase fossil … resource demand and simultaneously lower emissions. We show in a theoretical model that, under idealized conditions, a pure CCS … subsidy can be as efficient as a carbon tax. Within a numerical dynamic general equilibrium model, we analyze CCS and …
Persistent link: https://www.econbiz.de/10010551011
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Global Warming and Extreme Events: Rethinking the Timing and Intensity of Environmental Policy
Chen, Yu-Fu; Funke, Michael - CESifo - 2010
The possibility of low-probability extreme events has reignited the debate over the optimal intensity and timing of climate policy. In this paper we therefore contribute to the literature by assessing the implications of low-probability extreme events on environmental policy in a continuous-time...
Persistent link: https://www.econbiz.de/10008511618
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Unintended Detrimental Effects of Environmental Policy: The Green Paradox and Beyond
Werf, Edwin van der; Maria, Corrado Di - CESifo - 2011
Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large literature has emerged showing under what conditions this so-called ‘Green Paradox’ may occur. We review this literature and identify the key mechanisms behind...
Persistent link: https://www.econbiz.de/10009024839
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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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Taxes versus Cap-and-Trade in Climate Policy when only some Fuel Importers Abate
Strand, Jon - CESifo - 2010
I study climate policy choices for a “policy bloc” of fuel-importers, when a “fringe” of other fuel importers have no climate policy, fuel exporters consume no fossil fuels, and importers produce no such fuels. The policy bloc and exporter blocs act strategically in fossil fuel markets....
Persistent link: https://www.econbiz.de/10008727280
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Should we be Worried about the Green Paradox? Announcement Effects of the Acid Rain Program
Maria, Corrado Di; Lange, Ian A.; Werf, Edwin van der - CESifo - 2012
This paper presents the first empirical test of the green paradox hypothesis, according to which well-intended but imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the introduction of the Acid Rain Program in the U.S. as a case...
Persistent link: https://www.econbiz.de/10010550833