Showing 1 - 10 of 512
Climate policy spillovers can be either positive or negative since firms change their production processes in response … to climate policies, which may either increase or decrease emissions of other pollutants. Understanding these ancillary … benefits or costs has important implications for climate policy design, modeling, and benefit-cost analysis. This paper shows …
Persistent link: https://www.econbiz.de/10012462500
This paper provides an exhaustive review of critical issues in the design of climate mitigation policy by pulling … choice, technological innovation, and international climate policy. We begin with the broadest issue of how high assessments … climate and under net benefit maximization or Pigouvian emissions pricing. The remainder of the paper focuses on the …
Persistent link: https://www.econbiz.de/10012463627
The U.S. Congress is considering a set of bills designed to limit the nation's greenhouse gas (GHG) emissions. This paper complements the analysis by Paltsev et al. (2007) of cap-and-trade bills and applies the MIT Emissions Prediction and Policy Analysis (EPPA) model to carry out an analysis of...
Persistent link: https://www.econbiz.de/10012464666
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 … of alternative climate policies. It also presents a new set of estimates of the uncertainties about future climate change …
Persistent link: https://www.econbiz.de/10012455747
surrounding these technologies. Along with mitigation and adaptation, climate engineering technologies can be incorporated into …This article reviews and evaluates the nascent literature on the economics of climate engineering. The literature … distinguishes between two broad types of climate engineering: solar radiation management and carbon dioxide removal. We review the …
Persistent link: https://www.econbiz.de/10012456959
This paper studies a dynamic stochastic general equilibrium model involving climate change. Our frame- work allows for … intertemporal substitution on our results. If damages are moderate for high temperatures, risk aversion only matters when climate …
Persistent link: https://www.econbiz.de/10012457623
The global food system is an important contributor to greenhouse gas emissions that lead to climate change. Animal … climate goals. Importantly, the longer the delay in the adoption of alternatives, the larger the share of diet they will have …
Persistent link: https://www.econbiz.de/10014635699
Firms' perceived cost of green capital has decreased since the rise of sustainable investing. Green and brown firms perceived their cost of capital to be the same before 2016, but after the post-2016 surge in sustainable investing, green firms perceived their cost of capital to be on average 1...
Persistent link: https://www.econbiz.de/10015072875
There is a lot we know about climate change, but there is also a lot we don't know. Even if we knew how much CO2 will … uncertainty over climate change and its impact, why there is so much uncertainty, and why we will continue to face uncertainty in … the near future. I also explain the policy implications of climate change uncertainty. First, the uncertainty …
Persistent link: https://www.econbiz.de/10012481498
global climate models foresee a gradual slowing of Arctic sea ice loss even in scenarios with high carbon emissions. Our long …The downward trend in the amount of Arctic sea ice has a wide range of environmental and economic consequences … including important effects on the pace and intensity of global climate change. Based on several decades of satellite data, we …
Persistent link: https://www.econbiz.de/10012482447