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Too Good to Be True? An Examination of Three Economic Assessments of California Climate Change Policy
Stavins, Robert Norman; Jaffe, Judson; Schatzki, Todd - National Bureau of Economic Research (NBER) - 2007
1990 level. Global climate change is a pressing environmental problem, and the best possible public policies will be … required to address it. Therefore, analyses of prospective policies must themselves be of high quality, so that policymakers … effectiveness and costs of policies that would be necessary to bring about such actions. While quantifying the full extent of the …
Persistent link: https://www.econbiz.de/10005718664
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Did Frederick Brodie Discover the World's First Environmental Kuznets Curve? Coal Smoke and the Rise and Fall of the London Fog
Clay, Karen B.; Troesken, Werner - National Bureau of Economic Research (NBER) - 2010
In a paper presented to the Royal Meteorological Society, Brodie (1905) presented a data series that presaged the modern Environmental Kuznets Curve: in the decades leading up to 1890, the number of foggy days in London rose steadily, but after 1891, the fogs began to subside. Brodie attributed...
Persistent link: https://www.econbiz.de/10008548811
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Reducing Greenhouse Gas Emissions by Forest Protection: The Transaction Costs of REDD
Alston, Lee J.; Andersson, Krister - National Bureau of Economic Research (NBER) - 2011
Understanding and minimizing the transaction costs of policy implementation are critical for reducing tropical forest losses. As the international community prepares to launch REDD+, a global initiative to reduce greenhouse gas emissions from tropical deforestation, policymakers need to pay...
Persistent link: https://www.econbiz.de/10008836719
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Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates
Olken, Benjamin; Dell, Melissa; Jones, Benjamin F. - National Bureau of Economic Research (NBER) - 2009
This paper presents novel evidence and analysis of the relationship between temperature and income. First, using sub-national data from 12 countries in the Americas, we provide new evidence that the negative cross-country relationship between temperature and income also exists within countries...
Persistent link: https://www.econbiz.de/10005718237
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Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
Stavins, Robert Norman; Ranson, Matthew - National Bureau of Economic Research (NBER) - 2012
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions...
Persistent link: https://www.econbiz.de/10011276445
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Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency
Kaplow, Louis - National Bureau of Economic Research (NBER) - 2006
intergenerational policies that are not distribution neutral. Also explored are possible interrelationships between intergenerational …
Persistent link: https://www.econbiz.de/10005248951
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Environmental Economics
Stavins, Robert Norman - National Bureau of Economic Research (NBER) - 2007
This article provides an overview of the economics of environmental policy, including the setting of goals and targets, notably the Kaldor-Hicks criterion and the related method of assessment known as benefit-cost analysis. Also reviewed are the means of environmental policy, that is, the choice...
Persistent link: https://www.econbiz.de/10005718380
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Open-Access Losses and Delay in the Assignment of Property Rights
Libecap, Gary D. - National Bureau of Economic Research (NBER) - 2007
Even though formal property rights are the theoretical response to open access involving natural and environmental resources, they typically are adopted late after considerable waste has been endured. Instead, the usual response in local, national, and international settings is to rely upon...
Persistent link: https://www.econbiz.de/10005718746
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Environmental Law and Policy
Stavins, Robert Norman; Revesz, Richard L. - National Bureau of Economic Research (NBER) - 2007
environmental policies. <br><br>We examine the means of environmental policy, that is, the choice of specific policy instruments …
Persistent link: https://www.econbiz.de/10005777316
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Optimal Resource Extraction Contracts Under Threat of Expropriation
Engel, Eduardo M.R.A.; Fischer, Ronald David - National Bureau of Economic Research (NBER) - 2008
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10005777908