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Federal Tax Policy Towards Energy
Metcalf, Gilbert E. - 2007
incentives. In particular, I make a rough calculation of the impact of tax incentives for domestic oil production on world oil … supply and prices and find that the incentives for domestic production have negligible impact on world supply or prices … despite the United States being the third largest oil producing country in the world. Finally, I present results from a model …
Persistent link: https://www.econbiz.de/10012778276
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The Problem of the Commons : Still Unsettled after 100 Years
Stavins, Robert N. - 2010
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet -- in regard to natural...
Persistent link: https://www.econbiz.de/10013137614
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Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings : A Summary and Interpretation
Greenstone, Michael - 2014
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
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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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Global Financial Structure and Climate Change
Whalley, John - 2010
This paper analyzes the medium to long-term implications of global warming for the evolution of global financial structures. Stern (2007) and other related scientific literature reports that greenhouse gas emissions generated by human activities will very possibly lead to global temperature...
Persistent link: https://www.econbiz.de/10012757540
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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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The Potential Global and Developing Country Impacts of Alternative Emission Cuts and Accompanying Mechanisms for the Post Copenhagen Process
Tian, Huifang - 2010
We report numerical simulation results using a multiyear global multi country modeling framework which we use to assess the impacts of alternative emissions cuts which will likely come under consideration for the process to follow the December 2009 UNFCCC negotiation in Copenhagen. The...
Persistent link: https://www.econbiz.de/10013142090
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The Global Energy Outlook
Newell, Richard G. - 2014
We explore the principal trends that are shaping the future landscape of energy supply, demand, and trade. We take a long-term view, assessing trends on the time scale of a generation by looking 25 years into the past, taking stock of the current situation, and projecting 25 years into the...
Persistent link: https://www.econbiz.de/10013064119
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Global Energy Outlook 2015
Newell, Richard G. - 2016
This paper assesses trends in the global energy sector through 2040 by harmonizing multiple projections issued by private, government, and inter-governmental organizations based on methods from “Global Energy Outlooks Comparison: Methods and Challenges” (Newell and Qian 2015). These...
Persistent link: https://www.econbiz.de/10012996882
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Contracting for Impure Public Goods : Carbon Offsets and Additionality
Mason, Charles F. - 2014
carbon offsets to mitigate climate change. We analyze optimal contracts for forest carbon, an important offset category. A … 50 million acre increase in forest area, annual government expenditures with optimal contracts are found to be about $4 …
Persistent link: https://www.econbiz.de/10013068157