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Multiple pollutants, uncovered sectors, and suboptimal environmental policies
Fullerton, Don; Karney, Dan - 2014
In our analytical general equilibrium model where two polluting inputs can be substitutes or complements in production, we study the effects of a tax on one pollutant in two cases: one where both pollutants face taxes and the second where the other pollutant is subject to a permit policy. In...
Persistent link: https://www.econbiz.de/10010383371
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Energy tax exemptions and industrial production
Gerster, Andreas; Lamp, Stefan - 2023
Environmental policies are often accompanied by exemptions for energy-intensive and trade-exposed industrial firms to avoid leakage from regulated to unregulated jurisdictions. This paper investigates the impact of a large electricity tax exemption on production levels, employment, and input...
Persistent link: https://www.econbiz.de/10013494333
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Advancing global carbon abatement with a two-tier climate club
Iverson, Terrence - 2022
A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
Persistent link: https://www.econbiz.de/10013285515
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Trade, leakage, and the design of a carbon tax
Weisbach, David A.; Kortum, Samuel; Wang, Michael Y.; … - 2022
Climate policies vary widely across countries, with some countries imposing stringent emissions policies and others doing very little. When climate policies vary across countries, energy-intensive industries have an incentive to relocate to places with few or no emissions restrictions, an effect...
Persistent link: https://www.econbiz.de/10013287993
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Optimal unilateral carbon policy
Kortum, Samuel; Weisbach, David A. - 2021
We derive the optimal unilateral policy in a general equilibrium model of trade and climate change where one region of the world imposes a climate policy and the rest of the world does not. A climate policy in one region shifts activities - extraction, production, and consumption - in the other...
Persistent link: https://www.econbiz.de/10012668790
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Population under a cap on Greenhouse Gas Emissions
Bohn, Henning; Stuart, Charles - 2010
A cap on greenhouse gas emissions makes total emissions a fixed common-property resource. Population increases under a cap are therefore self-limiting: a population increase raises labor and reduces emissions per unit of labor, which lowers incomes and fertility. Because a marginal birth under a...
Persistent link: https://www.econbiz.de/10003967557
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Trade and the environment : the role of firm heterogeneity
Kreickemeier, Udo; Richter, Philipp M. - 2012
-specific emission intensity decreases strongly with increasing firm productivity. -- trade and environment ; monopolistic competition …
Persistent link: https://www.econbiz.de/10009570712
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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
reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution impacts of carbon …
Persistent link: https://www.econbiz.de/10014295072
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Regulating untaxable externalities : are vehicle air pollution standards effective and efficient?
Jacobsen, Mark R.; Sallee, James M.; Shapiro, Joseph S.; … - 2022
What is a feasible and efficient policy to regulate air pollution from vehicles? A Pigouvian tax is technologically … infeasible. Most countries instead rely on exhaust standards that limit air pollution emissions per mile for new vehicles. We … transportation, and counterfactual policies. We show that the air pollution emissions per mile of new US vehicles has fallen …
Persistent link: https://www.econbiz.de/10013463693
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What is the best environmental policy? : taxes, permits and rules under economic and environmental uncertainty
Angelopulos, Kōnstantinos I.; Oikonomidēs, Geōrgios; … - 2010
instruments: pollution taxes, pollution permits and Kyoto-like numerical rules for emissions. The setup is the basic stochastic … neoclassical growth model augmented with the assumptions that pollution occurs as a by-product of output produced and environmental …-best policy instruments. We find that, in all cases studied, pollution permits are the worst policy choice, even when their …
Persistent link: https://www.econbiz.de/10003942680