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Council – was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … reaching the EU climate goal. This policy, however, is not cost efficient …
Persistent link: https://www.econbiz.de/10012892222
I build a quantitative model of economic growth that can be used to evaluate the impact of environmental policy … model to conduct several policy analyses. First, I examine the impact of energy taxes and compare the results to the … can use energy taxes and R&D policy to implement the least-cost path that achieves an environmental target. Finally, I …
Persistent link: https://www.econbiz.de/10013300865
optimal climate policy. For the ethics we discuss the role of intergenerational inequality aversion and the discount rate …, where we show the importance of lower discount rates for appraisal of longer run benefit and of policy makers using lower … assumptions are made about each of the drivers of climate policy. Our main objective is to offer an easy back …
Persistent link: https://www.econbiz.de/10012908688
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 … emission certificate regulation, and we consider the impact of changes in EU climate policy on the rest of the world as well as …
Persistent link: https://www.econbiz.de/10013235113
discounted value of marginal damages resulting from emitting one ton of carbon today. Policy makers should set carbon prices to … the SCC using a carbon tax or a competitive permits market. The social discount rate is lower and the SCC higher if policy … makers are more patient and if future generations are less affluent and policy makers care about intergenerational inequality …
Persistent link: https://www.econbiz.de/10012827663
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
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 … how climate policy choices determine climate outcomes. Our analysis can account for a variety of climate policies …
Persistent link: https://www.econbiz.de/10014241309
-Role Narrative Framework as a tool to systematically analyze narratives, and applies it to study US climate change policy on Twitter … corpora using supervised machine learning. In our application to US climate change policy narratives, we find strong changes …
Persistent link: https://www.econbiz.de/10014356482
I test whether economic incentives dampen peer effects in public-good settings. I study how a visible and subsidized contribution to a public good (installing solar panels) affects peer contributions that are neither subsidized nor visible (electing green power). Exploiting spatial variation in...
Persistent link: https://www.econbiz.de/10013239335
The rebound effect is a well-known behavioral response whereby potential energy savings from efficiency improvements are partially offset by increased consumption of energy services, as the marginal cost of energy services is reduced. This paper characterizes a similar rebound effect related to...
Persistent link: https://www.econbiz.de/10012870638