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We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel … mix. We find that higher carbon taxes and prices of permits in ETS reduce carbon emissions. An increase in carbon taxes by …
Persistent link: https://www.econbiz.de/10012643539
point of the green R&D expenditure support policy index leads to a significant reduction of around 0.4% in CO2 emissions per …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 …
Persistent link: https://www.econbiz.de/10014514891
reduce world carbon emissions. We analyze the effects of carbon tariffs on trade, welfare and carbon emissions in a multi … more pronounced in poorer countries. Further, carbon emissions are massively shifted from these countries to richer … countries. Most remarkably, world carbon emissions increase by 0.49 percent in the investigated counterfactual scenario, with a …
Persistent link: https://www.econbiz.de/10010235843
emissions according to their personal preferences by withholding a part or all of the emission permits allotted to them. Such a …
Persistent link: https://www.econbiz.de/10009781607
demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this … green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … future, are inverted by the new rules and increase cumulative emissions. We provide quantitative evidence of our result for a …
Persistent link: https://www.econbiz.de/10012105543
about the best policy to reduce greenhouse gas emissions. The paper's criterion for ranking policies suggests that … greenhouse gas emissions is stronger than widely believed. …
Persistent link: https://www.econbiz.de/10011927948
This paper extends the classical exhaustible-resource/stock-pollution model with the irreversibility of pollution decay. Within this framework, we answer the question how the potential irreversibility of pollution affects the extraction path. We investigate the conditions under which the economy...
Persistent link: https://www.econbiz.de/10009230860
the dirtiest power technologies as compared to a black quota regime only. -- emissions trading ; green quotas …Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many … market, we show that a green quota imposed on top of a black quota does not only induce substantial excess cost but serves …
Persistent link: https://www.econbiz.de/10003897546
In the standard setting a system of tradable permits is effective and cost-efficient in attaining the policy objective of pollution reduction. This outcome is challenged in case of a tradable permit system in a federal system/constitution with individual states having discretionary power...
Persistent link: https://www.econbiz.de/10008732350
Persistent link: https://www.econbiz.de/10003598834