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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 paper studies the effectiveness of building height limits as a policy to limit greenhouse gas (GHG) emissions. It shows that building height limits lead to urban sprawl and higher emissions from commuting. On the other hand, aggregate housing consumption may decrease which reduces emissions...
Persistent link: https://www.econbiz.de/10013315605
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
Most regulations designed to reduce environmental externalities impose costs on individuals and firms. An active body of research has explored how these costs are disproportionately born by different sectors of the economy and/or across different groups of individuals. However, much less is...
Persistent link: https://www.econbiz.de/10012453831
Persistent link: https://www.econbiz.de/10009310765
Der Diskussionsprozess um ein internationales Klimaabkommen und zur Klimagerechtigkeit dauert an. Die Autoren stellen ein Modell vor, das Klimagerechtigkeit schrittweise und mit marktbasierten Instrumenten umsetzt. Sie fordern eine internationale Weltklimaordnung, die auf der Weltklimakonferenz...
Persistent link: https://www.econbiz.de/10009672740
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10012985451
Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. We present a stochastic model of a growing economy where natural disasters are multiple and random, with damages driven by the economy's polluting activity. We provide a...
Persistent link: https://www.econbiz.de/10013040491
A critical issue in climate-change economics is the specification of the so-called "damages function" and its interaction with the unknown uncertainty of catastrophic outcomes. This paper asks how much we might be misled by our economic assessment of climate change when we employ a conventional...
Persistent link: https://www.econbiz.de/10012462520