Showing 1 - 10 of 459
Persistent link: https://www.econbiz.de/10014502846
Persistent link: https://www.econbiz.de/10000877381
We examine whether a disclosure mandate for greenhouse gas emissions creates stakeholder pressure for firms to subsequently reduce their emissions. For UK-incorporated listed firms such a mandate was adopted in 2013. Using a difference-in-differences design, we find that firms affected by the...
Persistent link: https://www.econbiz.de/10012267140
based on a weighted average of expected utility (EU) and the MaxiMin criterion. I first show that more weight on the worst … case (less weight on EU) may lead to increased first period emissions. The effect of learning possibilities on emissions is …, considering prospective learning increases today s abatement effort, i.e. the irreversibility effect holds, if the weight on EU is …
Persistent link: https://www.econbiz.de/10013428479
With a large representative survey (N=1,128), we document that consumers are very uncertain about the emissions associated with various actions, which may affect their willingness to reduce their carbon footprint. We experimentally test two channels for the behavioural impact of such...
Persistent link: https://www.econbiz.de/10014487134
In a dynamic, three-region environmental multi-sector general equilibrium model (called EMuSe), we find that carbon pricing generates a recession initially as production costs rise. Benefits from lower emissions damage materialize only in the medium to long run. A border adjustment mechanism...
Persistent link: https://www.econbiz.de/10013259654
Persistent link: https://www.econbiz.de/10012487129
International cooperation on the reduction of greenhouse gas emissions, disarmament, or free trade needs to be negotiated. The success of such negotiations depends on how they are designed. In the context of international climate change policy, it has been proposed [e.g., Weitzman J of the...
Persistent link: https://www.econbiz.de/10012500234
The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present...
Persistent link: https://www.econbiz.de/10010429908
We develop a two sector incomplete markets integrated assessment model to analyze the effectiveness of green quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model green QE through an outstanding stock of private assets held by a monetary authority and...
Persistent link: https://www.econbiz.de/10013281474