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In using the removal of Section 232 'national security' tariffs on steel and aluminium imports as a bargaining chip, the United States demands that the European Union engage in negotiations on "global steel and aluminium arrangements to restore market-oriented conditions and address carbon...
Persistent link: https://www.econbiz.de/10014316266
We document majority support for policies entailing global redistribution and climate mitigation. Recent surveys on 40,680 respondents in 20 countries covering 72% of global carbon emissions show strong support for an effective and progressive way to combat climate change and poverty: a global...
Persistent link: https://www.econbiz.de/10014296930
Persistent link: https://www.econbiz.de/10011507274
Does a shift to ambitious climate policy increase financial fragility? In this paper, we develop a quantitative macroeconomic model with carbon taxes and endogenous financial crises to study such "Climate Minsky Moments". By reducing asset returns, an accelerated transition to net zero exerts...
Persistent link: https://www.econbiz.de/10014632326
environmental taxation scholars from around the world, this timely volume covers a range of hotly debated subjects including carbon …
Persistent link: https://www.econbiz.de/10011851949
Persistent link: https://www.econbiz.de/10013500569
This paper documents the extension of MEDSEA, a small open economy DSGE model for Malta, with a detailed energy sector. The model contains relatively rich fiscal and energy blocks allowing the model to simulate the transitional costs related to the economy's decarbonisation, together with the...
Persistent link: https://www.econbiz.de/10014633518
) Real Options: Managing Strategic Investments in an Uncertain World, Harvard Business School Press, Boston MA -- Anda, J., A … indices of climate change exposure, adaptive capacity, sensitivity, and impacts, Background Note to World Development Report … Economics of Discounting in an Uncertain World, Princeton University Press -- Goulder, L. H. and R. C. Williams (2012) The …
Persistent link: https://www.econbiz.de/10012419770
We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich, theoretically derived, fixed effects structure, we find significant negative short-run effects of high temperature on exports. A month with an average temperature above 30 °C...
Persistent link: https://www.econbiz.de/10013359053
in the evaluation of climate impacts on European forests: Firstly, future projections yield different states of the world …
Persistent link: https://www.econbiz.de/10008702331