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mitigation, as well as to the design of policies, such as the international Kyoto Protocol, post-Kyoto negotiations, regional …
Persistent link: https://www.econbiz.de/10008798530
We empirically test stability of climate change coalitions with the STAbility of Coalitions model (STACO). The model comprises twelve world regions and captures important dynamic aspects of the climate change problem. We apply the stability concept of internal and external stability to a cartel...
Persistent link: https://www.econbiz.de/10011591872
This paper analyses stability of coalitions for greenhouse gas abatement for different sharing rules applied to the gains from co-operation. We use a 12-regions model designed to examine internal and external stability of coalitions (STACO). We compare different sharing rules like, for example,...
Persistent link: https://www.econbiz.de/10011603652
Expectations concerning international climate finance have increased considerably. In particular, provisions for international transfer schemes are an important element in the Paris Agreement. Yet, climate finance is not only seen as a tool to efficiently combat global warming, but also to solve...
Persistent link: https://www.econbiz.de/10012306737
meet their revised Kyoto targets, and the environmental effectiveness. Our results show that the US withdrawal from the … Kyoto Protocol has had by far the greatest impact on the environmental effectiveness of the Protocol. This would lead to no … trading would drop to zero. While all remaining Kyoto-constrained Annex 1 countries would enjoy meeting their revised Kyoto …
Persistent link: https://www.econbiz.de/10011596604
A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
Persistent link: https://www.econbiz.de/10014081042
-down" approach embodied by the Kyoto Protocol has all but stalled, chiefly due to disagreements over levels of ambition and …
Persistent link: https://www.econbiz.de/10010373734
Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...
Persistent link: https://www.econbiz.de/10011660858
This work develops a framework for the analysis at the macro-level of the relationship between adaptation and mitigation policies. The FEEM-RICE growth model with stock pollution, endogenous R&D investment and emission abatement is enriched with a planned-adaptation module where a defensive...
Persistent link: https://www.econbiz.de/10008702221
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10008735744