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Rosendahl, Knut Einar - 2019

With the new rules of the EU ETS, involving cancellation of allowances, cumulative emissions are no longer fixed but …

Persistent link: https://www.econbiz.de/10012866399

Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions

Kohlscheen, Emanuel; Moessner, Richhild; Takats, Elod - 2021

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...

Persistent link: https://www.econbiz.de/10013323969

Unilateral Co2 Reduction Policy with More than One Carbon Energy Source

Daubanes, Julien; Schubert, Katheline; Henriet, Fanny - 2021

We examine an open economy’s strategy to reduce its carbon emissions by replacing its consumption of coal—very carbon intensive—with gas—less so. Unlike the standard theoretical approach to carbon leakage, we show that unilateral CO2 reduction policies generate a higher leakage rate in...

Persistent link: https://www.econbiz.de/10013315249

Carbon Policy and the Emissions Implications of Electric Vehicles

Gillingham, Kenneth; Ovaere, Marten; Weber, Stephanie - 2021

Will a carbon tax improve the welfare consequences of policies to promote electric vehicles? This paper examines when a complementarity could exist between carbon pricing and high electric vehicle adoption. We analyze electricity generation in recent years to show that in several regions, carbon...

Persistent link: https://www.econbiz.de/10013234915

Will the Centralisation of Carbon Pricing Revenue in the EU Lead to Laxer Climate Policy?

Fuest, Clemens; Meier, Volker - 2021

We analyse the economic impact of using carbon pricing revenue to fund the EU budget. Such a reform would redistribute … implemented, the low carbon countries will prefer a lower carbon price, i.e. laxer climate policy at the EU level, than before the … reform. For high carbon countries the opposite is true. As a result, EU climate policy becomes less ambitious and less …

Persistent link: https://www.econbiz.de/10013235113

The Political Consequences of Green Policies : Evidence from Italy

Colantone, Italo; Di Lonardo, Livio; Margalit, Yotam; … - 2022

For many governments enacting green policies is a priority, but these often entail substantial and uneven costs on citizens. How does the introduction of green policies affect voting? We study this question in the context of a major ban on polluting cars introduced in Milan. The policy was...

Persistent link: https://www.econbiz.de/10013298367

Environmental policy under model uncertainty: a robust optimal control approach

Funke, Michael; Paetz, Michael - 2007

Model uncertainty is inherent in the design of optimal environmental policy. We investigate the consequences in a simple linear model, where the aim of the policymaker is to stabilize the carbon content of the atmosphere. We study how decision-makers' concerns about robustness alter policy using...

Persistent link: https://www.econbiz.de/10010264084

Environmental policy design and the fragmentation of international markets for innovation

Johnstone, Nick; Hascic, Ivan - 2009

It has long been argued that the implementation of market-based environmental policy instruments such as environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of regulation such as technology-based standards. One of the...

Persistent link: https://www.econbiz.de/10010266020

Optimal liability sharing and court errors: An exploratory analysis

Boyer, Marcel; Porrini, Donatella - 2010

We focus in this paper on the effects of court errors on the optimal sharing of liability between firms and financiers, as an environmental policy instrument. Using a structural model of the interactions between firms, financial institutions, governments and courts we show, through numerical...

Persistent link: https://www.econbiz.de/10010270509

What is the best environmental policy? Taxes, permits and rules under economic and environmental uncertainty

Angelopoulos, Konstantinos; Economides, George; … - 2010

We study the importance of uncertainty and public finance to the welfare ranking of three environmental policy instruments: pollution taxes, pollution permits and Kyoto-like numerical rules for emissions. The setup is the basic stochastic neoclassical growth model augmented with the assumptions...

Persistent link: https://www.econbiz.de/10010270638

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