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Extreme heat is the single best predictor of corn and soybean yields in the United States. While average yields have risen continuously since World War II, we find no evidence that relative tolerance to extreme heat has improved between 1950 and 2005. Climate change forecasts project a sharp...
Persistent link: https://www.econbiz.de/10013138707
-level based on emissions or energy intensity and a measure of import penetration. Dynamic updating of permit allocations has the …
Persistent link: https://www.econbiz.de/10013138772
energy is produced and consumed. The cost of technological changes such as alternative energy sources and improved energy … literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …
Persistent link: https://www.econbiz.de/10013116453
: carbon taxes, cap-and-trade, emission reduction credits, clean energy standards, and fossil fuel subsidy reductions …
Persistent link: https://www.econbiz.de/10013118839
A new and important concept in global warming economics and policy is the social cost of carbon or SCC. This concept represents the economic cost caused by an additional ton of carbon-dioxide emissions or its equivalent. The present study describes the development of the concept as well as its...
Persistent link: https://www.econbiz.de/10013119046
the decision calculus for these activities in the direction of more efficient generation and use of energy, lower carbon … intensity of energy, and - more broadly - a more carbon-lean economy. The only approach to doing this on a meaningful scale that …-and-trade, and clean energy standards. We note that the U.S. political response to possible market-based approaches to climate policy …
Persistent link: https://www.econbiz.de/10013119775
Efforts to reduce greenhouse gas emissions in the US have relied on Corporate Average Fuel Economy (CAFE) Standards and Renewable Fuel Standards (RFS). Economists often argue that these policies are inefficient relative to carbon pricing because they ignore existing vehicles and do not...
Persistent link: https://www.econbiz.de/10013092390
Many policies to limit greenhouse gas emissions have at their core efforts to put a price on carbon emissions. Carbon pricing impacts households both by raising the cost of carbon intensive products and by changing factor prices. A complete analysis requires taking both effects into account. The...
Persistent link: https://www.econbiz.de/10013067962
The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC). These values are currently used...
Persistent link: https://www.econbiz.de/10013068337
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