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Population Under a Cap on Greenhouse Gas Emissions
Bohn, Henning - 2013
A cap on greenhouse gas emissions makes total emissions a fixed common-property resource. Population increases under a cap are therefore self-limiting: a population increase raises labor and reduces emissions per unit of labor, which lowers incomes and fertility. Because a marginal birth under a...
Persistent link: https://www.econbiz.de/10013094745
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Carbon pricing, border adjustment and climate clubs : an assessment with EMuSe
Ernst, Anne; Hinterlang, Natascha; Mahle, Alexander; … - 2022
In a dynamic, three-region environmental multi-sector general equilibrium model (called EMuSe), we find that carbon pricing generates a recession initially as production costs rise. Benefits from lower emissions damage materialize only in the medium to long run. A border adjustment mechanism...
Persistent link: https://www.econbiz.de/10013259654
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Does pricing carbon mitigate climate change? : firm-level evidence from the European Union emissions trading scheme
Colmer, Jonathan; Martin, Ralf; Muûls, Mirabelle; … - 2020
Persistent link: https://www.econbiz.de/10012487129
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Monitoring and Enforcement of Climate Policy
Sigman, Hilary - 2010
This chapter applies recent research on environmental enforcement to a potential U.S. program to control greenhouse gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon...
Persistent link: https://www.econbiz.de/10012462535
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Euro Area Banks' Sensitivity to Changes in Carbon Price
Belloni, Marco; Kuik, Friderike; Mingarelli, Luca - 2022
In recent years there has been growing attention on the risks posed by climate change. One relevant question for financial stability is to which extent the materialisation of transition risks emerging from the sudden implementation of climate change mitigation policies would impact the...
Persistent link: https://www.econbiz.de/10013297413
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Carbon Emissions Scenarios in Europe Based on an Endogenous Growth Model
Ciesielski, Anna - 2014
Carbon dioxide emissions are a major force driving climate change. We construct scenarios of CO2 emissions from fossil energy until 2100 in Europe. Major innovations are first that economic growth is based on an endogenous economic growth model and second that we calibrate our model to...
Persistent link: https://www.econbiz.de/10013046062
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Optimal Emission Pricing in the Presence of International Spillovers : Decomposing Leakage and Terms-of-Trade Motives
Böhringer, Christoph - 2010
unilateral climate policies for the U.S. and EU economies. We conclude in these instances that complex optimal emission price …
Persistent link: https://www.econbiz.de/10012462752
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Corrective Policy and Goodhart's Law : The Case of Carbon Emissions from Automobiles
Reynaert, Mathias - 2016
Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...
Persistent link: https://www.econbiz.de/10012455769
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Trade and the Greenhouse Gas Emissions from International Freight Transport
Cristea, Anca D. - 2011
We collect extensive data on worldwide trade by transportation mode and use this to provide detailed comparisons of the greenhouse gas emissions associated with output versus international transportation of traded goods. International transport is responsible for 33 percent of world-wide...
Persistent link: https://www.econbiz.de/10012461540
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EU enlargement and environmental policy
Löschel, Andreas; Mraz, Marian - 2001
the EU. There is meanwhile a large quantitative literature on the economic effects of full integration of the associated … countries into the EU as well as on the Kyoto Protocol. However, there is a lack of quantitative research on the linkage of … trade and the environment in the context of the EU enlargement. In this paper we analyze the interactions of different …
Persistent link: https://www.econbiz.de/10013428434