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The impacts of climate change on human systems depend not only on the level of emissions but also on how inherently vulnerable these systems are to the changing climate. The large uncertainties over future development and structure of societies and economies mean that the assessment of climate...
Persistent link: https://www.econbiz.de/10009372639
efficiency losses and investment in adaptation measures, which can become sunk costs when climate changes even more. Simulations … remind that adaptation should be proactive rather than reactive: protection measures installed today are not designed for …
Persistent link: https://www.econbiz.de/10010820619
While calls are being made to deal with the linkages between climate change and sustainable development to arrive at an integrated policy, concrete steps in this direction have been very limited so far. One of the possible instruments through which both issues may be approached simultaneously is...
Persistent link: https://www.econbiz.de/10010635203
The mainstream view in economics has been a key factor in designing climate policies. Given that the controversy over the “efficiency paradox” has shown that mainstream economics is not neutral in the way it deals with climate change, the purpose of this paper is to investigate what insights...
Persistent link: https://www.econbiz.de/10008791603
The paper examines the Bush Administration's climate mitigation proposal.The Bush Administration'swait-and-see policy reflects some fundamental aspects of the U.S. governance of its economy, such as the pressure of specific interest groups, the unilateralism of the country, the reluctance to...
Persistent link: https://www.econbiz.de/10008791558
market by taking into account the existence of possible cross-spillovers between the French carbon and the French electricity … there is no short run relationship between the electricity and carbon returns, while there is a long run relationship …. However, this relationship suffers from a disequilibrium in that the electricity price readjust in the long run. We also find …
Persistent link: https://www.econbiz.de/10008793759
Common sense supports prevention policies aimed at improving survival prospects among the population. It is also widely acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short-lived individuals. This paper re-examines the...
Persistent link: https://www.econbiz.de/10010929082
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10010930209
This study estimates the human cost of failures in the CCS industry in 2050, using the actuarial approach. The range of expected fatalities is assessed integrating all steps of the CCS chain: additional coal production, coal transportation, carbon capture, transport, injection and storage, based...
Persistent link: https://www.econbiz.de/10009402095
policies subsidizing education. This legitimacy lies in the fact that education is a source of positive externalities. In a … exhibit a too high fertility rate. Furthemore, when health is introduced as another source of externalities, the model shows …. When the externalities on education are very high relatively to the positive externalities on health, the indirect subsidy …
Persistent link: https://www.econbiz.de/10010750938