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successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness …
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than the equilibrium interest rate. Most importantly, this paper analyses the efficiency and distributional consequences of …
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complement carbon pricing (taxes or permit trading) and improve the economic efficiency of a mitigation policy package? To answer … temperature. The efficiency gains of combining innovation and carbon pricing policies are found to reach about 10% for a …
Persistent link: https://www.econbiz.de/10008728830
Despite the growing concern about actual on-going climate change, there is little consensus about the scale and timing of actions needed to stabilise the concentrations of greenhouse gases. Many countries are unwilling to implement effective mitigation strategies, at least in the short-term, and...
Persistent link: https://www.econbiz.de/10008780584
WITCH is an energy-economy-climate model developed by the climate change group at FEEM. The model has been extensively used in the past 3 years for the economic analysis of climate change policies. WITCH is a hybrid top-down economic model with a representation of the energy sector of medium...
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