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optimal climate policy. For the ethics we discuss the role of intergenerational inequality aversion and the discount rate …
Persistent link: https://www.econbiz.de/10011897776
Persistent link: https://www.econbiz.de/10011373682
If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...
Persistent link: https://www.econbiz.de/10012039083
Policy makers in the EU and elsewhere are concerned that unilateral carbon pricing induces carbon leakage through relocation of emission-intensive and trade-exposed industries to other regions. A common measure to mitigate such leakage is to combine an emission trading system (ETS) with...
Persistent link: https://www.econbiz.de/10012128437
With his announcement to pull the US out of the Paris Agreement US President Donald Trump has snubbed the international climate policy community. Key remaining parties to the Agreement such as Europe and China might call for carbon tariffs on US imports as sanctioning instrument to coerce US...
Persistent link: https://www.econbiz.de/10011665785
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This article undertakes a review of 17 state-of-the-art recursive-dynamic computable general...
Persistent link: https://www.econbiz.de/10012241803
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This paper undertakes a review of 17 state-of-the-art recursive-dynamic computable general...
Persistent link: https://www.econbiz.de/10012157959
temperature. These inconsistencies affect economic prescriptions to abate CO2 emissions. Controlling for how the economy is …
Persistent link: https://www.econbiz.de/10012171780
Ten years after the initial Climate Change Convention from Rio in 1992, the developed world is likely to ratify the …
Persistent link: https://www.econbiz.de/10001657230
We show that U.S. withdrawal from the Kyoto Protocol is straightforward under political economy considerations. The …
Persistent link: https://www.econbiz.de/10001666884