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Overlapping Climate Policies
Perino, Grischa - 2019
Major carbon-pricing systems in Europe and North America involve multiple jurisdictions (countries or states). Individual jurisdictions often pursue additional initiatives—such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable...
Persistent link: https://www.econbiz.de/10012890770
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Free Trade and Global Warming : A Trade Theory View of the Kyoto Protocol
Copeland, Brian R.; Taylor, M. Scott - 2021
economies, are false or need serious amendment in a world with international trade in goods. Since the three results we … highlight have framed much of the ongoing discussion and research on the Kyoto protocol our viewpoint from trade theory suggests … a re-examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed …
Persistent link: https://www.econbiz.de/10013224928
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Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
Ranson, Matthew - 2014
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions...
Persistent link: https://www.econbiz.de/10013065958
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Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change
Hambel, Christoph - 2015
This paper studies a dynamic stochastic general equilibrium model involving climate change. Our frame- work allows for feedback effects on the temperature dynamics. We are able to match estimates of future temperature distributions provided in the fifth assessment report of the IPCC (2014). We...
Persistent link: https://www.econbiz.de/10013025253
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Who Should Abate Carbon Emissions? An International Viewpoint
Chichilnisky, Graciela; Heal, Geoffrey M. - 2021
We review the optimal pattern of carbon emission abatements across countries in a simple multi-country world. We model …
Persistent link: https://www.econbiz.de/10013248694
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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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The Economics of Climate Change
Goulder, Lawrence H.; Pizer, William A. - 2021
Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem functioning, biodiversity, capital productivity, and human health. This paper briefly surveys recent research on the economics of climate change, including theoretical insights...
Persistent link: https://www.econbiz.de/10013249385
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The Design and Implementation of U.S. Climate Policy : An Introduction
Fullerton, Don - 2011
While economic models have already proven useful to analyze big picture questions about climate policy such as the choice between a carbon tax or cap-and-trade permit system, the 19 chapters in this book show how economic models also are useful to address the many remaining smaller questions...
Persistent link: https://www.econbiz.de/10013119609
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The Promise and Problems of Pricing Carbon : Theory and Experience
Aldy, Joseph E. - 2011
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level. At the same time, it will inevitably be up to the actions of sovereign nations to put in place policies that bring about meaningful...
Persistent link: https://www.econbiz.de/10013118839
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Can Negotiating a Uniform Carbon Price Help to Internalize the Global Warming Externality?
Weitzman, Martin - 2014
Thus far, most approaches to resolving the global warming externality have been quantity based. With n different national entities, a meaningful comprehensive treaty involves negotiating n different binding emissions quotas (whether tradeable or not). In post-Kyoto practice this n-dimensional...
Persistent link: https://www.econbiz.de/10013062175