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Regime shifts and uncertainty in pollution control

de Zeeuw, Aart; Zemel, Amos - 2012

We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in the damage coefficient. The model allows the full dynamic characterization of the optimal emission policies under uncertainty. The results, that imply prudent behavior due to...

Persistent link: https://www.econbiz.de/10010280838

City Size, Pollution and Emission Policies

Pflüger, Michael - 2020

This paper develops a model with an endogenous number of cities to explore whether local governments establish the optimal city size when key activities in the city are associated with emissions that harm consumers. In contrast to extant research, our model is fully micro-founded with respect to...

Persistent link: https://www.econbiz.de/10012827112

Inequality and the Environment : The Economics of a Two-Headed Hydra

Drupp, Moritz A.; Kornek, Ulrike; Meya, Jasper; Sager, Lutz - 2021

Preserving environmental quality and addressing economic inequality both feature prominently in public discourse. Neither of these two issues can be fully understood in isolation, and policies aiming at one issue will increasingly have to consider interactions with the other. We synthesize...

Persistent link: https://www.econbiz.de/10013312074

Green Governments

Potrafke, Niklas; Wuthrich, Kaspar - 2021

We examine how Green governments influence macroeconomic, education, and environmental outcomes. We exploit that the Fukushima nuclear disaster in Japan gave rise to an unanticipated change in government in the German state Baden-Wuerttemberg in 2011. Using the synthetic control method, we find...

Persistent link: https://www.econbiz.de/10013227483

Optimal monitoring to implement clean technologies when pollution is random

Macho-Stadler, Inés; Pérez-Castrillo, David - 2007

We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes...

Persistent link: https://www.econbiz.de/10010264107

Economic Growth and Pollutant Emissions : New Panel Evidence from the Union for the Mediterranean Countries

Ben Abdeljelil, Mouna; Rault, Christophe; Belaïd, Fateh - 2023

This paper investigates the existence of an environmental Kuznets curve (EKC) and its robustness for 28 countries of the Union for the Mediterranean (UfM) over the recent period. Our methodology relies on four recent estimation methods for non-stationary panel data and includes four pollutants...

Persistent link: https://www.econbiz.de/10014262471

EU ETS and the New Green Paradox

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

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

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

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