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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
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
Vorgaben, mit denen in Deutschland 2045 und in der EU27 bis 2050 Treibhausgasneutralität erreicht werden soll, werden ebenso … dargestellt wie die Instrumente, mit denen die Bundesregierung und die EU diesen Zielen gerecht zu werden beabsichtigen. In dem … "Fit for 55 Package", das die EU-Kommission am 14. Juli 2021 vorgeschlagen hat, wird zur Vermeidung von Carbon Leakage die …
Persistent link: https://www.econbiz.de/10012663015
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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
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
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
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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