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-change policy, they continue to be very controversial. Asymmetric information creates several incentive problems, include adverse …
Persistent link: https://www.econbiz.de/10013069350
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 policy. We begin with the broadest issue of how high assessments …
Persistent link: https://www.econbiz.de/10013152601
Climate change remains one of the major international environmental challenges facing nations. Up to now, nations have to date adopted minimal policies to slow climate change. Moreover, there has been no major improvement in emissions trends as of the latest data. The current study uses the...
Persistent link: https://www.econbiz.de/10012977286
economic policy design. We discuss optimal policy and carbon price, inter-regional and inter-generational equity issues … future domestic and global climate policy design. More research on the topic is needed …
Persistent link: https://www.econbiz.de/10013011933
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
Policy Analysis (EPPA) model to carry out an analysis of the tax proposals. Several lessons emerge from this analysis. First …
Persistent link: https://www.econbiz.de/10012753602
using the fleet average as the counterfactual vehicle. We discuss implications for climate policy and how to accurately …
Persistent link: https://www.econbiz.de/10014243371
Climate policy spillovers can be either positive or negative since firms change their production processes in response … benefits or costs has important implications for climate policy design, modeling, and benefit-cost analysis. This paper shows … climate policy. I then test for climate policy spillovers in electricity power generation. The estimates are consistent with …
Persistent link: https://www.econbiz.de/10013141315
. We explore various strategies that take into account the simplified decision-making processes used by individuals and …
Persistent link: https://www.econbiz.de/10013061114
the near future. I also explain the policy implications of climate change uncertainty. First, the uncertainty … away from earlier actions. Both irreversibilities are inherent in climate policy, but the net effect is ambiguous …
Persistent link: https://www.econbiz.de/10013306636