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Climate Coalitions: A Theoretical and Computational Appraisal
Bréchet, Thierry; Gerard, François - Fondazione ENI Enrico Mattei (FEEM) - 2007
coalition nor for most large coalitions, it is nevertheless verified in a weak sense that involves transfers (dubbed “potential … internal stability”) for most small coalitions. The reason for this difference is brought to light, namely the differing … rationale that inspires the transfers in either case. Finally, it is shown that the stable coalitions that perform best (in …
Persistent link: https://www.econbiz.de/10005385509
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Sharing R&D Investments in Cleaner Technologies to Mitigate Climate Change
El-Sayed, Abeer; Rubio, Santiago J. - Fondazione ENI Enrico Mattei (FEEM) - 2014
This paper examines international cooperation on technological development as an alternative to international cooperation on GHG emission reductions. It is assumed that when countries cooperate they coordinate their investments so as to minimize the agreement costs of controlling emissions and...
Persistent link: https://www.econbiz.de/10010833931
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Green Technology and Optimal Emissions Taxation
McDonald, Stuart; Poyago-Theotoky, Joanna - Fondazione ENI Enrico Mattei (FEEM) - 2014
We examine the impact of an optimal emissions tax on research and development of emission reducing green technology (E-R&D) in the presence of R&D spillovers. We show that the size and effectiveness of the optimal emissions tax depends on the type of the R&D spillover: input or output spillover....
Persistent link: https://www.econbiz.de/10010813784
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The Role of International Carbon Offsets in a Second-best Climate Policy: A Numerical Evaluation
Cian, Enrica De; Tavoni, Massimo - Fondazione ENI Enrico Mattei (FEEM) - 2010
International carbon offsets have been promoted since the Kyoto Protocol and an increasing number of countries have implemented or proposed cap-and-trade schemes with international trading, even though with quantitative or qualitative restrictions. Those limits reflect the trade-off between...
Persistent link: https://www.econbiz.de/10008467306
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Governance and Environmental Policy Integration in Europe: What Can We learn from the EU Emission Trading Scheme?
Catenacci, Michela; Buchner, Barbara; Sgobbi, Alessandra - Fondazione ENI Enrico Mattei (FEEM) - 2007
The European Union Emission Trading System (EU ETS) is a landmark environmental policy, representing the world’s first large-scale greenhouse gas (GHG) trading program. The coexistence of state actors and top-down processes with stakeholders participation and flexible abatement strategies make...
Persistent link: https://www.econbiz.de/10005385382
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Cooperation, Stability and Self-Enforcement in International Environmental Agreements: A Conceptual Discussion
Tulkens, Henry; Chander, Parkash - Fondazione ENI Enrico Mattei (FEEM) - 2006
In essence, any international environmental agreement (IEA) implies cooperation of a form or another. The paper seeks for logical foundations of this. It first deals with how the need for cooperation derives from the public good aspect of the externalities involved, as well as with where the...
Persistent link: https://www.econbiz.de/10005385392
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Redistribution Effects of Energy and Climate Policy: The Electricity Market
Hirth, Lion; Ueckerdt, Falko - Fondazione ENI Enrico Mattei (FEEM) - 2012
Energy and climate policies are usually seen as measures to internalize externalities. However, as a side effect, these policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus of the academic literature in energy economics,...
Persistent link: https://www.econbiz.de/10010603764
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A Comparison Between Shale Gas in China and Unconventional Fuel Development in the United States: Health, Water and Environmental Risks
Farah, Paolo D.; Tremolada, Riccardo - Fondazione ENI Enrico Mattei (FEEM) - 2013
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010732280
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Equity and Justice in Global Warming Policy
Kverndokk, Snorre; Rose, Adam - Fondazione ENI Enrico Mattei (FEEM) - 2008
Many countries are implementing or at least considering policies to counter increasingly certain negative impacts from climate change. An increasing amount of research has been devoted to the analysis of the costs of climate change and its mitigation, as well as to the design of policies, such...
Persistent link: https://www.econbiz.de/10004990070
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Cheap Talk, Gullibility, and Welfare in an Environmental Taxation Game
Deissenberg, Christophe; Dawid, Herbert; Sevcik, Pavel - Fondazione ENI Enrico Mattei (FEEM) - 2004
We consider a simple dynamic model of environmental taxation that exhibits time inconsistency. There are two categories of firms, Believers, who take the tax announcements made by the Regulator to face value, and Non-Believers, who perfectly anticipate the Regulator's decisions, albeit at a...
Persistent link: https://www.econbiz.de/10005423072