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This paper studies the reality and the potential for green industrial policy. We provide a summary of the green industrial policies, broadly understood, for five countries. We then consider the relation between green industrial policies and trade disputes, emphasizing theBrazil-US dispute...
Persistent link: https://www.econbiz.de/10010548957
firms’ beliefs about future emissions policies. We compare emissions taxes and quotas when the (strategic) regulator and … taxes create a secondary distortion at the investment stage, unless a particular condition holds; emissions quotas do not … greenhouse gasses. The endogeneity of abatement capital favors taxes, and it increases abatement. …
Persistent link: https://www.econbiz.de/10008583457
The federal specific gasoline tax falls equally on consumers and wholesalers; whereas state specific taxes fall almost … entirely on consumers. The consumer incidence of state taxes is greater in states that use relatively little gasoline. …
Persistent link: https://www.econbiz.de/10010537472
Persistent link: https://www.econbiz.de/10010843173
Global climate change poses significant risks to the California economy. Recognizing and responding to these threats, Governor Schwarzenegger signed Executive Order #S-3-05 (Schwarzenegger 2005) which called for a 30 percent reduction below business-as-usual of greenhouse gas emissions by 2020...
Persistent link: https://www.econbiz.de/10011130811
In the absence of a global climate agreement, countries employ local policies to curb pollution and introduce clean energy. These policies limit domestic consumption of a traded energy source but increase exports thus improving a country’s energy balance and its balance of trade. While...
Persistent link: https://www.econbiz.de/10011130819
We introduce a version of the DICE-2007 model designed for uncertaintyanalysis. DICE is a wide-spread deterministic integrated assessment model of climatechange. Climate change, long-term economic development, and their interactionsare highly uncertain. The quantitative analysis of optimal...
Persistent link: https://www.econbiz.de/10011130821
The paper incorporates qualitative differences of probabilistic beliefs into a rational (or normatively motivated) decision framework. Probabilistic beliefs can range from objective probabilities to pure guesstimates. The decision maker in the present model takes into account his confidence in...
Persistent link: https://www.econbiz.de/10011130823
Persistent link: https://www.econbiz.de/10011099195
Persistent link: https://www.econbiz.de/10011099196