Showing 1 - 10 of 405
looks at optimal policies of biodiversity conservation. The subject of the paper is natural biodiversity, which is …
Persistent link: https://www.econbiz.de/10012751891
Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its … environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change …
Persistent link: https://www.econbiz.de/10013157842
We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon intensive - with gas - less so. Unlike the standard analysis of carbon leakage, unilateral carbon-reduction policies with more than one carbon energy source may turn...
Persistent link: https://www.econbiz.de/10012943061
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...
Persistent link: https://www.econbiz.de/10013315810
We consider a world economy, in which the global public good 'biodiversity' is positively correlated with that share of …-to-pay for biodiversity conservation is positive in 'rich' developed countries (North), but very low in 'poor' developing … welfare when the North financially supports biodiversity conservation in the South – as stipulated in the Convention on …
Persistent link: https://www.econbiz.de/10012962993
Biotic factors such as pests create biodiversity effects that increase production risks and decrease land productivity … incomplete under free trade because of the decrease in land productivity. Pesticides allow farmers to reduce these biodiversity … biodiversity effects …
Persistent link: https://www.econbiz.de/10013315542
In this paper we develop a micro ecosystem model whose basic entities are representative organisms which behave as if maximizing their net offspring under constraints. Net offspring is increasing in prey biomass intake, declining in the loss of own biomass to predators and Allee's Law applies....
Persistent link: https://www.econbiz.de/10013318279
While prior literature has identified various effects of environmental policy, this note uses the example of a proposed carbon permit system to illustrate and discuss six different types of distributional effects: (1) higher prices of carbon-intensive products, (2) changes in relative returns to...
Persistent link: https://www.econbiz.de/10013131355
There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...
Persistent link: https://www.econbiz.de/10013136587
The possibility of low-probability extreme events has reignited the debate over the optimal intensity and timing of climate policy. In this paper we therefore contribute to the literature by assessing the implications of low-probability extreme events on environmental policy in a continuous-time...
Persistent link: https://www.econbiz.de/10013139799