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This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...
Persistent link: https://www.econbiz.de/10012750000
It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...
Persistent link: https://www.econbiz.de/10013024360
reasonable to interpret as the whole world. However, carbon taxes and other climate policies differ substantially across … from what one finds for a hypothetical world of identical countries …
Persistent link: https://www.econbiz.de/10013316039
Thomas Friedman has argued in The World is Flat that those who deny rapid globalization will not survive in the global … world. The world is not flat, and the developing world certainly is not. Still, mega-cities tend to become too big. Their …
Persistent link: https://www.econbiz.de/10013316592
Concerns about adverse impacts on domestic energy-intensive and trade-exposed (EITE) industries are at the fore of the political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without emission pricing appeal as a measure to reduce carbon...
Persistent link: https://www.econbiz.de/10013055363
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic implications. Based on stylized theoretical analysis and...
Persistent link: https://www.econbiz.de/10014201432
The focus of the green paradox literature has been either on demand-side climate policies or on effects of technological changes. The present paper addresses the question of whether there also might be some kind of green paradox related to supply-side policies, i.e. policies that per-manently...
Persistent link: https://www.econbiz.de/10013086981
The Great Tōhoku-Earthquake and the following nuclear meltdown in Fukushima called the world's attention to Japans …' energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from …
Persistent link: https://www.econbiz.de/10013092105
This paper contributes to the green paradox literature by using a resource extraction framework with heterogeneous energy sources. A key feature of the model is a capacity constrained green backstop resource, which implies the simultaneous use of the expensive backstop resource and the cheaper...
Persistent link: https://www.econbiz.de/10013035151
Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies - such as increasing ad-valorem taxes on carbon consumption or...
Persistent link: https://www.econbiz.de/10012753836