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its industrialization and urbanization, there is no disagreement that China eventually needs to take on binding greenhouse …Given that China is already the world’s largest carbon emitter and its emissions continue to rise rapidly in line with … gas emissions caps. However, the key challenges are when that would occur and what credible interim targets China would …
Persistent link: https://www.econbiz.de/10005025683
To consider the implication of disaggregated consumption and discounting, we study discounting in a world composed of the rich and the poor, a standard setting in the literature of cost-benefit analysis with distributional considerations. We derive several discount rates for different...
Persistent link: https://www.econbiz.de/10011260941
Recently, many countries have introduced systems of tradable green certificates (TGCs) in order to increase the proportion of their electricity supply obtained from renewable sources. The main objective of this paper is to investigate the analytics of a TGC system of the Nordic type when...
Persistent link: https://www.econbiz.de/10005787160
Markets for environmental externalities are typically closely related to the markets causing such externalities, whereupon strategic interactions may result. Along these lines, the market for Green Certificates is strongly interwoven in the electricity market as the producers of green...
Persistent link: https://www.econbiz.de/10005790417
available, China is widely expected as the world’s number one host country of clean development mechanism (CDM) projects. But …, making this potential a reality represents a significant challenge for China, because there has been a general lack of …. This has raised great concern about China’s ability to compete internationally for CDM projects and exploit fully its CDM …
Persistent link: https://www.econbiz.de/10005835477
Electric and natural gas are the two major sources of energy for residents of Washington State. Several states have adopted a policy whereby utility companies decide on the choice of mixes of resources by incorporating cost effectiveness, conservation and externalities. Externalities could...
Persistent link: https://www.econbiz.de/10005789245
The purpose of this study was to examine interrelationship and causal linkages between socioeconomic and environmental variables in OECD countries. To aid this study, a LISREL modelling tool was implemented. The findings of the study indicated that gross public debt increases with deterioration...
Persistent link: https://www.econbiz.de/10005619745
We quantify the effects of the Swedish GCR, a program to reduce oil dependence and greenhouse gas emissions in the automobile industry. We find the GCR to increase the market shares of `green cars' and its cost to be $109/tonCO2 saved, thus 5 times the price of an emission permit. Since the main...
Persistent link: https://www.econbiz.de/10011109735
In the first year after the inception of the Swedish Green Car Rebate (GCR), green cars had carved over 25 percent market share in the new vehicle market, an effect of unprecedented scale if compared to recent policies incentivizing the purchase of fuel-efficient vehicles. By awarding vehicles...
Persistent link: https://www.econbiz.de/10011110040
The U.S. and China are the world’s largest and second largest CO2 emitters, respectively, and to what extent the U ….S. and China get involved in combating global climate change is extremely important both for lowering compliance costs of … China will take on commitments at some specific point of time in the future, this paper has argued that the proposal for …
Persistent link: https://www.econbiz.de/10005836250