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City Size, Pollution and Emission Policies

Pflüger, Michael - 2020

modelling of pollution and pollution abatement. We derive two key insights. First, if the national government implements a … permit system (equivalently, pollution taxes) that allow for emissions as in the first-best, cities chosen by local …-best emission policy and extensions to city asymmetries, a fiscal externality, local pollution, generalized commuting costs and …

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

Optimal Unilateral Carbon Policy

Kortum, Samuel S.; Weisbach, David A. - 2021

We derive the optimal unilateral policy in a general equilibrium model of trade and climate change where one region of the world imposes a climate policy and the rest of the world does not. A climate policy in one region shifts activities—extraction, production, and consumption—in the other...

Persistent link: https://www.econbiz.de/10013314669

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

Co2 Emissions and GDP : Evidence from China

Caporale, Guglielmo Maria - 2019

This paper examines the relationship between the logarithms of CO2 emissions and real GDP in China by applying fractional integration and cointegration methods. The univariate results indicate that the two series are highly persistent, their orders of integration being around 2, whilst the...

Persistent link: https://www.econbiz.de/10012860770

Does Telecommuting Reduce Commuting Emissions?

Marz, Waldemar; Sen, Suphi - 2021

The long-term trend toward more work from home due to digitization has found a strong new driver, the Covid-19 pandemic. The profound change in urban mobility patterns supports the often-held view that reducing the number of commuting trips can lower carbon emissions to a certain degree. We...

Persistent link: https://www.econbiz.de/10013323872

Reversible Environmental Catastrophes with Disconnected Generations

Heijdra, Ben J. - 2019

We study environmental policy in an economy-ecology model featuring multiple deterministic stable steady-state ecological equilibria. The economy-ecology does not settle in either of the deterministic steady states as the environmental system is hit by random shocks. Individual live for two...

Persistent link: https://www.econbiz.de/10012892273

Pricing Pollution

Mideksa, Torben K. - 2020

its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non …

Persistent link: https://www.econbiz.de/10012834363

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 depending on the market outcome. Perino (2018) showed that additional abatement effort can reduce cumulative emissions if it occurs within a few years. This article shows that...

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

Screening Green Innovation Through Carbon Pricing

Ahlvik, Lassi; den Bijgaart, Inge van - 2022

Green innovation is essential for climate change mitigation, but not all innovative projects deliver equal social value. We consider innovator heterogeneity in a model where the policy maker cannot observe innovation quality and directly subsidize the socially most valuable green innovations. We...

Persistent link: https://www.econbiz.de/10014077003

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