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We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...
Persistent link: https://www.econbiz.de/10013039305
We model countries' choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits …
Persistent link: https://www.econbiz.de/10012998790
unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation … reducing their emissions at the same time? Then, we look at a scenario in which the timing of developing countries …
Persistent link: https://www.econbiz.de/10012750000
inverted-U curve. However, recent evidence rejects the EKC hypothesis for GHG emissions in a broad sense. In this paper we aim … to investigate whether the EKC behavior for CO2 emissions could be proved on the behalf of institutional regulations. We … Mechanism (CDM). The results from this study indicate that the Kyoto obligations have a reducing effect on CO2 emissions in …
Persistent link: https://www.econbiz.de/10013316326
Climate mitigation policy should be imposed over a long period, and spur development of new technologies in order to make stabilization of green house gas concentrations economically feasible. The government may announce current and future policy packages that stimulate current R&D in...
Persistent link: https://www.econbiz.de/10013095188
This paper discusses techniques for measuring the incidence of carbon taxes across different household income groups and provides some cross-country estimates of these effects for selected advanced countries. The general message of this paper is that distributional concerns should not...
Persistent link: https://www.econbiz.de/10013015342
early announcement of a carbon tax gives rise to a “Green-Paradox,” in that it increases polluting emissions in the interim …
Persistent link: https://www.econbiz.de/10013093954
In this paper we discuss the global negotiations now underway and aimed at achieving new climate change mitigation and other arrangements after 2012 (the end of the Kyoto commitment period). These were initiated in Bali in December 2007 and are scheduled to conclude by the end of 2009 in...
Persistent link: https://www.econbiz.de/10013316450
mitigation policy consists of spending a constant fraction of output on emissions abatement. This fraction is an increasing … function of the arrival rate, polluting intensity of output, and the damage intensity of emissions. We subsequently extend the … baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects, demonstrating …
Persistent link: https://www.econbiz.de/10013040491
We study the effect of climate policy on companies' greenhouse gas emissions using emissions data for the headquarters … and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial … incentives and legal requirements to audit energy use reduce companies' emissions, whereas support schemes aimed at promoting the …
Persistent link: https://www.econbiz.de/10012946920