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between nations. Production of output necessarily involves pollution and degrading the environment. Therefore, environmental … question is how to introduce natural resource use in national income accounts to give meaning to the notion of sustainability …? National income accounts do not take into account non-market activities. Some progress has been made in the theory and …
Persistent link: https://www.econbiz.de/10012839360
A simple integrated assessment framework that gives rules for the optimal carbon price, transition to the carbon-free era and stranded carbon assets is presented, which highlights the ethical, economic, geophysical and political drivers of optimal climate policy. For the ethics we discuss the...
Persistent link: https://www.econbiz.de/10012908688
consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … appraisal. We argue that it is crucial to consider inequality-environment interlinkages even if one’s primarily concern is one …
Persistent link: https://www.econbiz.de/10013312074
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
Discounting has to take account of ecosystem services in consumption and production. Previous literature focuses on the … first aspect and shows the importance of the relative price effect, for given growth rates of consumption and ecosystem … services. This paper focuses on intermediate ecosystem services in production and shows that for limited substitutability and a …
Persistent link: https://www.econbiz.de/10012892067
How was the birth of "Environmental Economics" related to the first Earth Day fifty years ago (April 22, 1970)? This short note introduces some ideas about an amazing burst of intellectual activity from 1968 to 1974. Environmental economics was not a field of economics before this brief period,...
Persistent link: https://www.econbiz.de/10012841931
The extent of future climate change is a policy choice. Using an integrated climate-economy assessment model, we estimate climate policy curves (CPCs) that link the price of carbon dioxide (CO2) to subsequent global temperatures. The resulting downward sloping CPCs quantify the inverse...
Persistent link: https://www.econbiz.de/10014241309
jurisdictions, as illustrated for instance by CO2 emissions that affect the global environment. Each jurisdiction's emissions depend …
Persistent link: https://www.econbiz.de/10013316740
effective carbon prices in a world without harmonized climate policies. We analyze countries’ non-cooperative choices of …
Persistent link: https://www.econbiz.de/10012889684
Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the …
Persistent link: https://www.econbiz.de/10012826061