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Which Social Cost of Carbon? A Theoretical Perspective

Kotchen, Matthew J. - 2016

This paper develops a theoretical foundation for the social cost of carbon (SCC). The model highlights the source of debate over whether countries should use the global or domestic SCC for regulatory impact analysis. I identify conditions under which a country's decision to internalize the...

Persistent link: https://www.econbiz.de/10012456430

Free Trade and Global Warming : A Trade Theory View of the Kyoto Protocol

Copeland, Brian R. - 2000

economies, are false or need serious amendment in a world with international trade in goods. Since the three results we … highlight have framed much of the ongoing discussion and research on the Kyoto protocol our viewpoint from trade theory suggests … a re-examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed …

Persistent link: https://www.econbiz.de/10012471110

Sustainable Cooperation in Global Climate Policy : Specific Formulas and Emission Targets to Build on Copenhagen and Cancun

Bosetti, Valentina - 2011

We explore a framework that could be used to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming...

Persistent link: https://www.econbiz.de/10012460988

Cross Country Fairness Considerations and Country Implications of Alternative Approaches to a Global Emission Reduction Regime

Tian, Huifang - 2012

The UNFCCC process of negotiating multilateral carbon emissions reductions thus far has focused on approximately equiproportional cuts in annual carbon emissions by country along the lines of the Kyoto Protocol agreement. But now, with the objective of involving large developing countries such...

Persistent link: https://www.econbiz.de/10012460218

An Elaborated Global Climate Policy Architecture : Specific Formulas and Emission Targets for All Countries in All Decades

Frankel, Jeffrey A. - 2009

This paper analyzes a detailed plan to set quantitative national limits on emissions of greenhouse gases, following along the lines of the Kyoto Protocol. It is designed to fill in the most serious gaps: the absence of targets extending as far as 2100, the absence of participation by the United...

Persistent link: https://www.econbiz.de/10012463771

How a Minimum Carbon Price Commitment Might Help to Internalize the Global Warming Externality

Weitzman, Martin L. - 2016

It is difficult to resolve the global warming free-rider externality problem by negotiating many different quantity targets. By contrast, negotiating a single internationally-binding minimum carbon price (the proceeds from which are domestically retained) counters self-interest by incentivizing...

Persistent link: https://www.econbiz.de/10012456478

Who Should Abate Carbon Emissions? An International Viewpoint

Chichilnisky, Graciela - 1993

We review the optimal pattern of carbon emission abatements across countries in a simple multi-country world. We model …

Persistent link: https://www.econbiz.de/10012474525

Projections and Uncertainties About Climate Change in an Era of Minimal Climate Policies

Nordhaus, William D. - 2016

Climate change remains one of the major international environmental challenges facing nations. Up to now, nations have to date adopted minimal policies to slow climate change. Moreover, there has been no major improvement in emissions trends as of the latest data. The current study uses the...

Persistent link: https://www.econbiz.de/10012455747

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

The Potential Global and Developing Country Impacts of Alternative Emission Cuts and Accompanying Mechanisms for the Post Copenhagen Process

Tian, Huifang - 2010

We report numerical simulation results using a multiyear global multi country modeling framework which we use to assess the impacts of alternative emissions cuts which will likely come under consideration for the process to follow the December 2009 UNFCCC negotiation in Copenhagen. The...

Persistent link: https://www.econbiz.de/10012462565

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