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Which Social Cost of Carbon? A Theoretical Perspective
Kotchen, Matthew J. - 2016
This paper develops a theoretical foundation for the social cost of carbon (SCC). The model highlights the source of debate over whether countries should use the global or domestic SCC for regulatory impact analysis. I identify conditions under which a country's decision to internalize the...
Persistent link: https://www.econbiz.de/10012992145
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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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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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Cross Country Fairness Considerations and Country Implications of Alternative Approaches to a Global Emission Reduction Regime
Tian, Huifang - 2012
The UNFCCC process of negotiating multilateral carbon emissions reductions thus far has focused on approximately equiproportional cuts in annual carbon emissions by country along the lines of the Kyoto Protocol agreement. But now, with the objective of involving large developing countries such...
Persistent link: https://www.econbiz.de/10013099816
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An Elaborated Global Climate Policy Architecture : Specific Formulas and Emission Targets for All Countries in All Decades
Frankel, Jeffrey A. - 2014
Persistent link: https://www.econbiz.de/10012750866
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How a Minimum Carbon Price Commitment Might Help to Internalize the Global Warming Externality
Weitzman, Martin - 2016
It is difficult to resolve the global warming free-rider externality problem by negotiating many different quantity targets. By contrast, negotiating a single internationally-binding minimum carbon price (the proceeds from which are domestically retained) counters self-interest by incentivizing...
Persistent link: https://www.econbiz.de/10012993242
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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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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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Projections and Uncertainties About Climate Change in an Era of Minimal Climate Policies
Nordhaus, William D. - 2016
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
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Correcting Estimates of Electric Vehicle Emissions Abatement : Implications for Climate Policy
Muehlegger, Erich; Rapson, David - 2022
vision to phase out conventional vehicles entirely. In a world with only electric vehicles (EVs), transportation pollution …
Persistent link: https://www.econbiz.de/10014243371