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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

On a World Climate Assembly and the Social Cost of Carbon

Weitzman, Martin - 2016

This paper postulates the conceptually useful allegory of a futuristic "World Climate Assembly" (WCA) that votes for a … emitter's single-peaked most-preferred world price of carbon emissions to the world "Social Cost of Carbon" (SCC). The second … and third propositions relate the WCA-voted world price of carbon to the world SCC. I argue that the WCA-voted price and …

Persistent link: https://www.econbiz.de/10012455867

Will the Paris Accord Accelerate Climate Change?

Kotlikoff, Laurence J. - 2016

Finally we question the standard use of infinitely-lived, single-agent models, which assume, unrealistically, intergenerational altruism in determining optimal abatement policy. Their prescriptions can differ, potentially dramatically, from those needed to correct the negative climate...

Persistent link: https://www.econbiz.de/10012455949

International Climate Agreements and the Scream of Greta

Maggi, Giovanni; Staiger, Robert W. - National Bureau of Economic Research - 2022

Current policies directed at mitigating global warming appear unlikely to prevent temperatures from rising to levels that would trigger a precipitous increase in the costs of climate change. Various attempts at international cooperation to avoid this outcome have failed. Why is this problem so...

Persistent link: https://www.econbiz.de/10013462728

Quantifying Climate Change Loss and Damage Consistent with a Social Cost of Greenhouse Gases

Burke, Marshall; Zahid, Mustafa; Diffenbaugh, Noah; … - National Bureau of Economic Research - 2023

Climate change is generating demonstrable harm around the world. Political and legal efforts have sought to associate …

Persistent link: https://www.econbiz.de/10014372415

The IPCC Shared Socioeconomic Pathways (SSPs) : Explained, Evaluated, Replaced

Welch, Ivo - National Bureau of Economic Research - 2024

Shared socioeconomic pathways (SSPs) are perhaps the most influential economic policy analyses today. My paper evaluates their development, natural associations, logical consequences, and economic identification. All five SSP baseline scenarios are predicting scenarios that historical...

Persistent link: https://www.econbiz.de/10014512032

Climate Policy under Cooperation and Competition between Regions with Spatial Heat Transport

Cai, Yongyang - 2018

We build a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in most IAMs. These elements are spatial heat transport from the Equator to the Poles, sea level rise,...

Persistent link: https://www.econbiz.de/10012453241

Linkage of Greenhouse Gas Emissions Trading Systems : Learning from Experience

Ranson, Matthew - 2014

linkage, such as loss of control over domestic carbon policies, which do not appear to have deterred real-world decisions to …The last ten years have seen the growth of linkages between many of the world's cap-and-trade systems for greenhouse …

Persistent link: https://www.econbiz.de/10012458840

Innovation and Entrepreneurship in the Energy Sector

Popp, David - 2020

Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively minor role. We argue that this may be changing. Energy markets are going through a period of profound structural change. The rise of hydrofracturing lowered fossil fuel prices so...

Persistent link: https://www.econbiz.de/10012481728

Climate Change, Directed Innovation, and Energy Transition : The Long-run Consequences of the Shale Gas Revolution

Acemoglu, Daron; Aghion, Philippe; Barrage, Lint; … - National Bureau of Economic Research - 2023

We investigate the short- and long-term effects of a natural gas boom in an economy where energy can be produced with coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom reduces carbon emissions by inducing substitution away...

Persistent link: https://www.econbiz.de/10014372414

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