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Estimates of the Social Cost of Carbon : Background and Results from the Rice-2011 Model
Nordhaus, William D. - 2011
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
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Embodied Carbon Tariffs
Boehringer, Christoph - 2014
In a world where the prospects of a global agreement to control greenhouse gas emissions are bleak, the idea of using trade policy as an implicit regulation of foreign emission sources has gained many supporters in countries contemplating unilateral climate policies. Embodied carbon tariffs tax...
Persistent link: https://www.econbiz.de/10013067497
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Explaining the Price of Voluntary Carbon Offsets
Conte, Marc - 2014
This paper investigates factors that explain the large variability in the price of voluntary carbon offsets. We estimate hedonic price functions using a variety of provider- and project-level characteristics as explanatory variables. We find that providers located in Europe sell offsets at...
Persistent link: https://www.econbiz.de/10013070813
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Do Pollution Markets Harm Low Income and Minority Communities? Ranking Emissions Distributions Generated by California's Reclaim Program
Mansur, Erin T. - 2019
We compare the spatial distribution of emissions from Southern California's pollution-trading program with that of a …
Persistent link: https://www.econbiz.de/10012889502
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Stoking the Fires? Co2 Emissions and Economic Growth
Holtz-Eakin, Douglas; Selden, Thomas M. - 2021
Over the past decade, concern over potential global warming has focused attention on the emission of greenhouse gases into the atmosphere, and there is an active debate concerning the desirability of reducing emissions. At the heart of this debate is the future path of both greenhouse gas...
Persistent link: https://www.econbiz.de/10013216506
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Charging Nox Emitters for Health Damages : An Exploratory Analysis
Mauzerall, Denise L.; Sultan, Babar; Kim, Namsoug; … - 2021
We present a proof-of-concept analysis of the measurement of the health damage of ozone (O3) produced from nitrogen oxides (NOx = NO NO2) emitted by individual large point sources in the eastern United States. We use a regional atmospheric model of the eastern United States, the Comprehensive...
Persistent link: https://www.econbiz.de/10013249581
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Optimal Emission Pricing in the Presence of International Spillovers : Decomposing Leakage and Terms-of-Trade Motives
Boehringer, Christoph - 2010
Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar-thy-neighbor policy to exploit terms of trade. Using an...
Persistent link: https://www.econbiz.de/10013144964
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Greenhouse Gas Reductions Under Low Carbon Fuel Standards?
Holland, Stephen P. - 2013
A low carbon fuel standard (LCFS) seeks to reduce greenhouse gas emissions by limiting a fuel producer's carbon emissions per unit of output. California has launched an LCFS for transportation fuels; others have called for a national LCFS. We show that this policy decreases production of...
Persistent link: https://www.econbiz.de/10012753878
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Endogenizing Technological Change : Matching Empirical Evidence to Modeling Needs
Pizer, William A. - 2012
Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace,...
Persistent link: https://www.econbiz.de/10012755385
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Do Environmental Markets Cause Environmental Injustice? Evidence from California's Carbon Market
Hernandez-Cortes, Danae; Meng, Kyle - 2022
concern that market-induced spatial reallocation of pollution could widen existing pollution concentration gaps between … of California's carbon market, the world's second largest and most subjected to EJ critiques. Embedding a pollution … returned these EJ gaps back to 2008 levels. We demonstrate that explicit modeling of pollution dispersal is critical for …
Persistent link: https://www.econbiz.de/10013322900