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1
Carbon Motivated Regional Trade Arrangements : Analytics and Simulations
Dong, Yan
-
2009
This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong & Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...
Persistent link: https://www.econbiz.de/10012463767
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2
Belts and Suspenders : Interactions Among Climate Policy Regulations
Levinson, Arik
-
2010
With few exceptions, economic analyses of "cap-and-trade" permit trading mechanisms for climate change mitigation have been based on first-best scenarios without pre-existing distortions or regulations. The reason is obvious: interactions between permit trading and other regulations will be...
Persistent link: https://www.econbiz.de/10012462547
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3
Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
Ranson, Matthew
-
2012
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions...
Persistent link: https://www.econbiz.de/10012460519
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4
Climate Policy and the Economy : Evidence from Europe's Carbon Pricing Initiatives
Känzig, Diego R.
;
Konradt, Maximilian
-
National Bureau of Economic Research
-
2023
This paper investigates the impact of carbon pricing on the economy, with a focus on European carbon taxes and the carbon market. Our analysis reveals three key findings. First, while both policies have successfully reduced emissions, the economic costs of the European carbon market are larger...
Persistent link: https://www.econbiz.de/10014287360
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5
The Future of U.S. Carbon-Pricing Policy
Stavins, Robert
-
2019
There is widespread agreement among economists - and a diverse set of other policy analysts - that at least in the long run, an economy-wide carbon pricing system will be an essential element of any national policy that can achieve meaningful reductions of CO2 emissions cost-effectively in the...
Persistent link: https://www.econbiz.de/10012479861
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6
Using the Market to Address Climate Change : Insights from Theory and Experience
Aldy, Joseph E.
-
2011
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual consumption, business investment, and government spending. An effective climate policy will have to modify the decision calculus for these activities in the...
Persistent link: https://www.econbiz.de/10012461169
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7
Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions
Borenstein, Severin
;
Kellogg, Ryan
-
National Bureau of Economic Research
-
2022
We categorize the primary incentive-based mechanisms under consideration for addressing greenhouse gas emissions from electricity generation--pricing carbon, setting intensity standards, and subsidizing clean energy--and compare their market outcomes under similar expansions of clean electricity...
Persistent link: https://www.econbiz.de/10013334480
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8
Carbon Border Adjustments, Climate Clubs, and Subsidy Races When Climate Policies Vary
Clausing, Kimberly A.
;
Wolfram, Catherine D.
-
National Bureau of Economic Research
-
2023
Jurisdictions adopt heterogeneous climate policies that vary both in terms of ambition and in terms of policy approach, with some jurisdictions pricing carbon and others subsidizing clean production. We distinguish two types of policy spillovers associated with diverse policy approaches to...
Persistent link: https://www.econbiz.de/10014322698
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9
Output and Attribute-Based Carbon Regulation Under Uncertainty
Kellogg, Ryan
-
2019
Output-based carbon regulations--such as fuel economy standards and the rate-based standards in the Clean Power Plan--create well-known incentives to inefficiently increase output. Similar distortions are created by attribute-based regulations. This paper demonstrates that, despite these...
Persistent link: https://www.econbiz.de/10012480118
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10
Local Carbon Policy
Cruz, José-Luis
;
Rossi-Hansberg, Esteban
-
National Bureau of Economic Research
-
2022
). Although the largest welfare costs from global warming are concentrated in the warmest parts of the developing
world
, adjusting …
Persistent link: https://www.econbiz.de/10013210055
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