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Carbon, Trade Policy, and Carbon Free Trade Areas
Dong, Yan; Whalley, John - 2021
possible impacts of each variant. We also speculate as to how the world trading system may evolve in the next few decades as …
Persistent link: https://www.econbiz.de/10013224710
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How Large are the Impacts of Carbon Motivated Border Tax Adjustments
Dong, Yan - 2014
This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical … increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …
Persistent link: https://www.econbiz.de/10013070430
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Carbon Motivated Regional Trade Arrangements : Analytics and Simulations
Dong, Yan - 2014
This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong amp; Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...
Persistent link: https://www.econbiz.de/10012750865
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Evolution of Assessments of the Economics of Global Warming : Changes in the Dice Model, 1992 – 2017
Nordhaus, William D. - 2017
Many areas of the natural and social sciences involve complex systems that link together multiple sectors. Integrated assessment models (IAMs) are approaches that integrate knowledge from two or more domains into a single framework, and these are particularly important for climate change. One of...
Persistent link: https://www.econbiz.de/10012958595
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Public Policies Against Global Warming
Sinn, Hans-Werner - 2007
Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies -- such as increasing ad-valorem taxes on carbon consumption or...
Persistent link: https://www.econbiz.de/10012775908
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Tipping Climate Negotiations
Heal, Geoffrey M. - 2011
Thinking about tipping provides a novel perspective on finding a way forward in climate negotiations and suggests an alternative to the current framework of negotiating a global agreement on reductions in greenhouse gas emissions. Recent work on non-cooperative games shows games with increasing...
Persistent link: https://www.econbiz.de/10013127015
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Sustainable Cooperation in Global Climate Policy : Specific Formulas and Emission Targets to Build on Copenhagen and Cancun
Bosetti, Valentina - 2013
We explore a framework that could be used to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming...
Persistent link: https://www.econbiz.de/10013091941
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The Economics of Carbon Offsets
Bushnell, James - 2014
Although international programs for carbon offsets play an important role in current and prospective climate-change policy, they continue to be very controversial. Asymmetric information creates several incentive problems, include adverse selection and moral hazard, in offset markets. The...
Persistent link: https://www.econbiz.de/10013069350
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Designing Climate Mitigation Policy
Aldy, Joseph E. - 2010
This paper provides an exhaustive review of critical issues in the design of climate mitigation policy by pulling together key findings and controversies from diverse literatures on mitigation costs, damage valuation, policy instrument choice, technological innovation, and international climate...
Persistent link: https://www.econbiz.de/10013152601