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This paper considers how environmental policies should respond to macroeconomic downturns. It first explores the implications of the global economic downturn of 2008-09 for environmental policies, focusing in particular on the example of action against climate change. The arguments for and...
Persistent link: https://www.econbiz.de/10010744909
As many countries, regions, cities, and states implement emissions trading policies to limit CO2 emissions, they turn to the European Union's experience with its emissions trading scheme since 2005. As a prominent example of a regional carbon pricing policy, it has attracted significant...
Persistent link: https://www.econbiz.de/10011125999
negative impact on energy intensity and electricity use. No statistically significant impacts are found for employment, revenue …
Persistent link: https://www.econbiz.de/10011126344
When regulated firms are offered compensation to prevent them from relocating, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply it...
Persistent link: https://www.econbiz.de/10011126676
Policies on climate change that encourage 'clean innovation' while displacing 'dirty innovation' could have a positive impact on short-term economic growth while avoiding the potentially disastrous reduction in GDP that could result from climate change over the longer term.
Persistent link: https://www.econbiz.de/10011126727
a global scale. Statistics suggest that innovation has mostly been driven by energy prices until 1990. Since then …
Persistent link: https://www.econbiz.de/10011071406
Persistent link: https://www.econbiz.de/10010884556
Most natural resources that are used in production are non-renewable. When they become depleted they are lost for future use. Does it follow that the limited availability of natural resources will at some time in the future constrain economic growth as many environmentalists believe? While...
Persistent link: https://www.econbiz.de/10010928744
Historical growth dynamics of energy technologies reveal a consistent relationship between the extent to which a … consistent across both supply-side and demand-side technologies, and both old and new energy technologies. Consequently, it can … be used as a means of validating future scenarios of energy technology growth under carbon constraints. This validation …
Persistent link: https://www.econbiz.de/10010745156
match this management data to production and energy usage information for establishments owned by these firms. We find that … establishments in better managed firms are significantly less energy intensive. They use less energy per unit of output, and also in … practices is associated with a 17.4% reduction in energy intensity. This negative relationship is robust to a variety of …
Persistent link: https://www.econbiz.de/10010746109