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Effects of carbon pricing and other climate policies on CO2 emissions

Kohlscheen, Emanuel; Moessner, Richhild; Takáts, Előd - 2021

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...

Persistent link: https://www.econbiz.de/10012643539

Regulating stock externalities

Gerlagh, Reyer; Heijmans, Roweno - 2018

We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...

Persistent link: https://www.econbiz.de/10011939765

Effects of green technology support policies on carbon dioxide emissions

Moessner, Richhild - 2024

This paper provides ex-post empirical evidence on the effects of green technology support policies, in comparison with other climate policies, on carbon dioxide emissions at the aggregate national level. The paper uses cross-country dynamic panel estimation for a sample of 38 countries over the...

Persistent link: https://www.econbiz.de/10014514891

Climate policies in a fossil fuel producing country : demand versus supply side policies

Fæhn, Taran; Hagem, Cathrine; Lindholt, Lars; Mæland, … - 2014

In absence of joint global climate action, several jurisdictions unilaterally restrict their domestic demand for fossil fuels. Another policy option for fossil fuel producing countries, not much explored, is to reduce own supply of fossil fuels. We explore analytically and numerically how...

Persistent link: https://www.econbiz.de/10010458581

Assessing the effects of climate policy on companies' greenhouse gas emissions

Montoya Gómez, Ana Maria; Zimmer, Markus - 2017 - September 4, 2017

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...

Persistent link: https://www.econbiz.de/10011721629

De-fueling externalities : causal effects of fuel taxation and mediating mechanisms for delivering climate and health benefits

Basaglia, Pier; Behr, Sophie M.; Drupp, Moritz A. - 2023 - This version: July 2023

This paper is the ﬁrst to investigate the eﬀectiveness of fuel taxation to jointly deliver climate and health beneﬁts in a quasi-experimental setting. Using the synthetic control method, we compare carbon and air pollutant emissions of the actual and synthetic German transport sector...

Persistent link: https://www.econbiz.de/10014295072

Fiscal and regulatory instruments for clean technology development in the European Union

Dechezleprêtre, Antoine; Popp, David - 2015

This policy note investigates whether the current level of public support to environment-friendly technologies is sufficient to allow European countries to respond to the multiple challenges posed by climate change and other environmental concerns. We first lay out the justifications for...

Persistent link: https://www.econbiz.de/10010519926

Smart cap

Karp, Larry S.; Traeger, Christian - 2021

We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...

Persistent link: https://www.econbiz.de/10012438358

Reconsidering climate mitigation policy in the UK

Arregui, Nicolas; Parry, Ian W. H. - 2021

The UK has pledged to cut greenhouse gases 68 percent below 1990 levels by 2030, to be emissions neutral by 2050, and to phase out internal combustion engine vehicles by 2030. Much progress has been made, but fully achieving these ambitious objectives with the current policy framework will be...

Persistent link: https://www.econbiz.de/10012438370

Will the centralisation of carbon pricing revenue in the EU lead to laxer climate policy?

Fuest, Clemens; Meier, Volker - 2021

We analyse the economic impact of using carbon pricing revenue to fund the EU budget. Such a reform would redistribute … implemented, the low carbon countries will prefer a lower carbon price, i.e. laxer climate policy at the EU level, than before the … reform. For high carbon countries the opposite is true. As a result, EU climate policy becomes less ambitious and less …

Persistent link: https://www.econbiz.de/10012494875

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