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This chapter applies recent research on environmental enforcement to a potential U.S. program to control greenhouse gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon...
Persistent link: https://www.econbiz.de/10013141861
Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...
Persistent link: https://www.econbiz.de/10012977637
We collect extensive data on worldwide trade by transportation mode and use this to provide detailed comparisons of the greenhouse gas emissions associated with output versus international transportation of traded goods. International transport is responsible for 33 percent of world-wide...
Persistent link: https://www.econbiz.de/10013037917
unilateral climate policies for the U.S. and EU economies. We conclude in these instances that complex optimal emission price …
Persistent link: https://www.econbiz.de/10013144964
Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use: ethanol subsidies, a renewable fuel standard (RFS),...
Persistent link: https://www.econbiz.de/10013120318
Climate policy poses a dilemma for environmental economists. The economic argument for stringent GHG abatement is far from clear. There is disagreement among both climate scientists and economists over the likelihood of alternative climate outcomes, over the nature and extent of the uncertainty...
Persistent link: https://www.econbiz.de/10013104077
Major carbon-pricing systems in Europe and North America involve multiple jurisdictions (countries or states). Individual jurisdictions often pursue additional initiatives—such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable...
Persistent link: https://www.econbiz.de/10012890770
To understand the impacts of support programs on global emissions, this paper considers the impacts of domestic subsidies, price distortions at the border, and investments in emission-reducing technologies on global greenhouse gas (GHG) emissions from agriculture. In a step towards a full...
Persistent link: https://www.econbiz.de/10013291116
Die bisher vorliegenden Arbeiten zu klimarelevanten Emissionen aus Landwirtschaft und Landschaftsnutzung in regionalem Maßstab liegen meist nur in tabellarischer Form vor und berücksichtigen die unterschiedlichen Emissionsquellen nur sehr vereinfacht. Es wurde eine Methode entwickelt, die eine...
Persistent link: https://www.econbiz.de/10001743884
Persistent link: https://www.econbiz.de/10001373192