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The objective of this paper is to present different equity rules that can be applied to the initial allocation of greenhouse gas entitlements and to analyse the potential impacts of these rules EU-wide as well as on the level of member states. The methodological framework used in the empirical...
Persistent link: https://www.econbiz.de/10013428147
In this paper, a practicable scheme of SO2-emission permits for European power producers is developed. Background is the second UN-ECE Sulphur Protocol from 1994 (Protocol of Oslo). After discussing some theoretical models of spatially differentiated permit schemes, evaluating the U.S. Acid Rain...
Persistent link: https://www.econbiz.de/10013428151
The Kyoto Protocol marks a break-through in global warming mitigation policies as it sets legally binding emissions … which is the permissible scope of international emissions trading between signatory countries. Unrestricted trade produces … hot air when signatory countries whose Kyoto targets are well above their business as usual emissions trade in larger …
Persistent link: https://www.econbiz.de/10013428267
system are derived. The concrete application of these rules leads to recommendations for a policy of sustainability with …
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, mandatory information disclosure requires firms to measure and report their pollutant emissions. This study investigates the …
Persistent link: https://www.econbiz.de/10013202842
This paper investigates the apparent paradox of the mid 2000’s sharp reduction in the deforestation of the Brazilian Amazon that happened alongside fast growing commodity markets. Particular attention is given to the role played by PPCDAM, an environmental policy introduced by the federal...
Persistent link: https://www.econbiz.de/10012118746
This paper proposes an environmental DSGE model with deforestation of a tropical rain forest. The forest can be used to produce goods, but it also affects the well-being of the representative individual. Environmental policy is implemented with the taxation of the deforestation activity. We...
Persistent link: https://www.econbiz.de/10012126366