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Population Growth and Carbon Emissions
Casey, Gregory - 2016
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions …, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility … on carbon emissions accounting for the fact that changes in fertility patterns affect carbon emissions through three …
Persistent link: https://www.econbiz.de/10012455795
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Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change
Hambel, Christoph - 2015
This paper studies a dynamic stochastic general equilibrium model involving climate change. Our frame- work allows for feedback effects on the temperature dynamics. We are able to match estimates of future temperature distributions provided in the fifth assessment report of the IPCC (2014). We...
Persistent link: https://www.econbiz.de/10012457623
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China's Nationwide CO2 Emissions Trading System : A General Equilibrium Assessment
Goulder, Lawrence H.; Long, Xianling; Qu, Chenfei; Zhang, Da - National Bureau of Economic Research - 2023
China's recently launched CO2 emissions trading system, already the world's largest, aims to contribute importantly … structure and results from a multi-sector, multi-period equilibrium model tailored to evaluate China's TPS. The model … incorporates distinctive features of China's economy, including state-owned enterprises and electricity market regulation. It …
Persistent link: https://www.econbiz.de/10014421235
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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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Free Trade and Global Warming : A Trade Theory View of the Kyoto Protocol
Copeland, Brian R. - 2000
This paper demonstrates how three important results in environmental economics, true under mild conditions in closed 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...
Persistent link: https://www.econbiz.de/10012471110
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Local Carbon Policy
Cruz, José-Luis; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2022
We study local carbon policy to address the consequences of climate change. Standard analysis suggests that the social cost of carbon determines optimal carbon policy. We start by using the spatial integrated assessment model in Cruz and Rossi-Hansberg (2021) to measure the local social monetary...
Persistent link: https://www.econbiz.de/10013210055
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Profiting from Regulation : An Event Study of the EU Carbon Market
Bushnell, James B. - 2009
Tradable permit regulations have recently been implemented for climate change policy in many countries. One of the first mandatory markets was the EU Emission Trading System, whose first phase ran from 2005-07. Unlike taxes, permits expose firms to volatility in regulatory costs, but are...
Persistent link: https://www.econbiz.de/10012463077
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Market-Based Emissions Regulation and Industry Dynamics
Fowlie, Meredith - 2012
We assess the long-run dynamic implications of market-based regulation of carbon dioxide emissions in the US Portland cement industry. We consider several alternative policy designs, including mechanisms that use production subsidies to partially offset compliance costs and border tax...
Persistent link: https://www.econbiz.de/10012460015
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Carbon Markets : Past, Present, and Future
Newell, Richard G. - 2012
Carbon markets are substantial and they are expanding. There are many lessons from experiences over the past eight years: fewer free allowances, better management of market-sensitive information, and a recognition that trading systems require adjustments that have consequences for market...
Persistent link: https://www.econbiz.de/10012460144
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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