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Marginal abatement cost curves in general equilibrium: The influence of world energy prices.
Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2006
Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...
Persistent link: https://www.econbiz.de/10008520119
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Trading hot-air : the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocol.
Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2005
After the conferences in Bonn and Marrakech it is likely that international emissions trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot-air. Different scenarios do not only differ...
Persistent link: https://www.econbiz.de/10008520287
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Uncertainty and economic analysis of climate change : a survey of approaches and findings.
Peterson, Sonja - Kiel Institute for the World Economy - 2006
The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at meaningful policy recommendations. The main contribution of economics to this interdisciplinary task is to provide formal frameworks and techniques for analyzing climate policy...
Persistent link: https://www.econbiz.de/10008520164
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No money left for climate protection? Climate policy after the crisis.
Khadjavi, Menusch; Peterson, Sonja; Petrick, Sebastian; … - Kiel Institute for the World Economy - 2009
Persistent link: https://www.econbiz.de/10008495280
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US participation, permit allocation, and hot air supply : [papers presented at 3rd Concerted Action for Tradable Permits (CATEP) Workshop on Global Trading, Institute for World Eco...
Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2002
their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply … interaction between the permit market and the world energy markets. …
Persistent link: https://www.econbiz.de/10008610856
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The EU emissions trading scheme allowance prices, trade flows and competitiveness effects.
Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2004
The upcoming European Emissions Trading Scheme (ETS) is one of the more controversial climate policy instruments. Predictions about its likely impact and its performance can at present only be made to a certain degree. As long as the National Allocations Plans are not finally settled the overall...
Persistent link: https://www.econbiz.de/10008520229
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Emissions trading, CDM, JI, and more : the climate strategy of the EU.
Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2006
The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the...
Persistent link: https://www.econbiz.de/10008520277
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Modeling linkages between climate policy and land use: an overview.
van der Werf, Edwin; Peterson, Sonja - Kiel Institute for the World Economy - 2009
Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate policy, it is therefore important to include land use, land-use change, and forestry (LULUCF) explicitly in economy-climate models. This article gives an overview...
Persistent link: https://www.econbiz.de/10008495244
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Das Europäische Emissionshandelssystem - effiziente Klimapolitik oder Gefahr für die europäische Wettbewerbsfähigkeit?.
Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2004
Persistent link: https://www.econbiz.de/10008575405
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Integrated climate modelling at the Kiel Institute for World Economics : the DART Model and its applications : [papers presented at the First International Workshop on Integrated C...
Deke, Oliver; Peterson, Sonja - Kiel Institute for the World Economy - 2003
The aim of this paper is to give an overview over the DART model and its applications. The main focus is on the implementation of climate impacts into DART in the course of coupling DART to the ocean-atmosphere model and on the associated empirical problems. The basic DART model and some...
Persistent link: https://www.econbiz.de/10008575631