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Carbon Leakage, the Green Paradox and Perfect Future Markets

Eichner, Thomas - 2014

Policies of lowering carbon demand may aggravate rather than alleviate climate change (green paradox). In a two-period three-country general equilibrium model with finite endowment of fossil fuel one country enforces an emissions cap in the first or second period. When that cap is tightened the...

Persistent link: https://www.econbiz.de/10012750992

International Carbon Emissions Trading and Strategic Incentives to Subsidize Green Energy

Eichner, Thomas - 2013

This paper examines strategic incentives to subsidize green energy in a group of countries that operates an international carbon emissions trading scheme. Welfare-maximizing national governments have the option to discriminate against energy from fossil fuels by subsidizing green energy,...

Persistent link: https://www.econbiz.de/10013094652

Flattening the Carbon Extraction Path in Unilateral Cost-Effective Action

Eichner, Thomas - 2014

Internalizing the global negative externality of carbon emissions requires flattening the extraction path of world … fossil energy resources (= world carbon emissions). We consider governments having sign-unconstrained emission taxes at their … disposal and seeking to prevent world emissions from exceeding some binding aggregate emission ceiling in the medium term. Such …

Persistent link: https://www.econbiz.de/10013067513

EU-Type Carbon Emissions Trade and the Distributional Impact of Overlapping Emissions Taxes

Eichner, Thomas; Pethig, Rudiger - 2021

The European Union fulfills its emissions reductions commitments by means of an emissions trading scheme covering some part of each member state's economy and by national emissions control in the rest of their economies. The member states also levy energy/emissions taxes overlapping with the...

Persistent link: https://www.econbiz.de/10013316392

Efficient CO2 Emissions Control with National Emissions Taxes and International Emissions Trading

Eichner, Thomas; Pethig, Rudiger - 2021

In a group of countries like the European Union all countries seek to achieve their national CO2 emissions target by a joint emissions trading scheme covering some part of their economies (trading sector) and by a national emissions tax in the rest of their economies (nontrading sector)....

Persistent link: https://www.econbiz.de/10013317104

The Carbon-Budget Approach to Climate Stabilization : Cost-Effective Subglobal Versus Global Action

Eichner, Thomas - 2010

Scientific expertise suggests that mitigating extreme world-wide climate change damages requires avoiding increases in … the world mean temperature exceeding 2° Celsius. To achieve the two degree target, the cumulated global emissions must not …

Persistent link: https://www.econbiz.de/10013136281

Global Environmental Agreements and International Trade : Asymmetry of Countries Matters

Eichner, Thomas - 2014

climate policy takes the form of carbon emission taxation and fossil fuel and consumption goods are traded on world markets …

Persistent link: https://www.econbiz.de/10013043602

Forging a Global Environmental Agreement Through Trade Sanctions on Free Riders?

Eichner, Thomas - 2015

This paper studies the formation of self-enforcing global environmental agreements in a world economy with …

Persistent link: https://www.econbiz.de/10013020519

Information Transmission and Ownership Consolidation in Aid Programs

Dreher, Axel - 2013

This paper explores the role of information transmission in explaining donors' choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a “delegation-scheme.” Conversely,...

Persistent link: https://www.econbiz.de/10013073609

Information Transmission within Federal Fiscal Architectures : Theory and Evidence

Dreher, Axel - 2013

This paper explores the role of information transmission and misaligned interests across levels of government in explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal-agent framework, it analyzes two alternative...

Persistent link: https://www.econbiz.de/10013075612