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This paper is, to our knowledge, the first paper in climate economics to consider the combination of spatial heat … North et al. (1981), that the two hemispheres were symmetric. Our results suggest that it is possible to build climate … damages, and climate dynamics. We also determine optimal taxes per unit of emission and show that, in contrast to the standard …
Persistent link: https://www.econbiz.de/10012997679
This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the … assumptions concerning the pure rate of time preference, the social welfare aggregator and the extent of climate damages. We focus …
Persistent link: https://www.econbiz.de/10014041690
current levels of about 435 ppm. This could lead to global average temperature increases of between 2.5 and 6°C by the end of … climate response are substantial. Stabilization of GHG concentrations that would have a reasonable chance of meeting … temperature targets identified in international negotiations would require significant reductions in GHG emissions below “business …
Persistent link: https://www.econbiz.de/10014042096
climate change over people with different incomes and in different jurisdictions. Implicitly or explicitly, such estimates … cost of carbon and hence the optimal intensity of climate policy …
Persistent link: https://www.econbiz.de/10014050488
The paper considers a situation where two countries - the North and the South - use a non-traded polluting input to produce the goods for final consumption. The North is more efficient in both, production and abatement processes. The study compares the effects of the transfer of abatement...
Persistent link: https://www.econbiz.de/10014214443
investigate stability of partial climate coalitions. Technology spillovers to coalition members increase their incentives to stay …
Persistent link: https://www.econbiz.de/10014222615
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10012968336
than conventional oil. The EU is very concerned by the potential climate and environmental impacts and has considered … unilateral ban of the EU on unconventional oil has no climate benefits and it is expensive for Europe …
Persistent link: https://www.econbiz.de/10013039715
We study a dynamic game of climate policy design in terms of emissions and solar radiation management (SRM) involving … unilateral SRM activities, thus reducing global temperature. Heterogeneity is modelled in terms of the social cost of SRM, the …, concentration of GHGs, and global temperature, and we examine whether a trade-off actually emerges between mitigation and SRM. Our …
Persistent link: https://www.econbiz.de/10013040613
. Adaptation is generally implicitly incorporated in the climate change damage functions as used in Integrated Assessment Models …
Persistent link: https://www.econbiz.de/10013142167