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widely unknown. Governments try to cope with these risks by investing in mitigation and adaptation measures. Mitigation aims … to the existing literature, we explicitly model the decision of risk-averse governments on mitigation and adaptation … at a reduction of greenhouse gas emissions whereas adaptation reduces the follow-up costs of climate change. In contrast …
Persistent link: https://www.econbiz.de/10008833877
aims at raising mitigation while also reducing the damages from climate change: conditional adaptation support. Especially … alternative conditional transfer schemes: one plainly subsidizes mitigation efforts, while the other provides adaptation support … the global public good ‘climate change mitigation’. This paper focuses on a specific type of international transfer that …
Persistent link: https://www.econbiz.de/10010608707
each model. The framework is used to analyze the adaptation vs. mitigation dilemma and provides a simple criterion to … determine whether adaptation activities should be undertaken promptly, delayed to some future date, or avoided altogether. …
Persistent link: https://www.econbiz.de/10009416115
Adaptation to climate change is gaining increasing relevance in the public debate of climate policy. However, detailed … adaptation in Europe, and in particular Germany, Finland and Italy. Furthermore, a systematic overview on fiscal aspects of … adaptation is provided, with focus on budgetary effects of adaptation in the different impact sectors. Combining cost estimates …
Persistent link: https://www.econbiz.de/10008511596
This paper assesses the role of the public sector in adaptation to climate change. We first offer a definition and … categorisation of climate change adaptation. We then consider the primary economic principles that can guide the assignment of … adaptation tasks to either the private or the public sector, as well as those guiding assignment within the public sector itself …
Persistent link: https://www.econbiz.de/10010583637
Italy’s domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism … dataset is made of inter-regional tourism flows among Italian regions over the 2000-12 period; across this period, 2008 to …
Persistent link: https://www.econbiz.de/10011202961
Italy's domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism … dataset is made of inter-regional tourism flows among Italian regions over the 2000-12 period; across this period, 2008 to …
Persistent link: https://www.econbiz.de/10013025573
Several recent articles have analyzed climate policy giving explicit attention to the non-renewable character of carbon resources. In most of this literature the economy is treated as a single unit, which in the context of climate policy seems reasonable to interpret as the whole world. However,...
Persistent link: https://www.econbiz.de/10008914283
the profitability of participation in the world’s largest voluntary greenhouse gas mitigation program: the Chicago Climate …
Persistent link: https://www.econbiz.de/10009021238
This paper examines the impact of Knightian uncertainty upon optimal climate policy through the prism of a continuous-time real option modelling framework. We analytically determine optimal intertemporal climate policies under ambiguity. Additionally, numerical simulations are provided to...
Persistent link: https://www.econbiz.de/10009221550