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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

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

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

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