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Think Globally, Act Globally : Opportunities to Mitigate Greenhouse Gas Emissions in Low- and Middle-Income Countries
Glennerster, Rachel; Jayachandran, Seema - National Bureau of Economic Research - 2023
Reductions in greenhouse gas emissions are a global public good, which makes it efficient to act globally when addressing this challenge. We lay out several reasons that high-income countries seeking to mitigate climate change might have greater impact if they invest their resources in...
Persistent link: https://www.econbiz.de/10014322808
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The Environmental Bias of Trade Policy
Shapiro, Joseph S. - 2020
This paper documents a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non-tariff barriers are substantially lower on dirty than on clean industries, where an industry's "dirtiness" is defined as its carbon dioxide (CO2) emissions per dollar of output....
Persistent link: https://www.econbiz.de/10012481652
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Global Pricing of Carbon-Transition Risk
Bolton, Patrick; Kacperczyk, Marcin - National Bureau of Economic Research - 2021
Companies are exposed to carbon-transition risk as the global economy transitions away from fossil fuels to renewable energy. We estimate the market-based premium associated with this transition risk at the firm level in a cross-section of over 14,400 firms in 77 countries. We find a widespread...
Persistent link: https://www.econbiz.de/10012482725
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The Economics of Carbon Offsets
Bushnell, James B. - 2010
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/10012462352
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Belts and Suspenders : Interactions Among Climate Policy Regulations
Levinson, Arik - 2010
With few exceptions, economic analyses of "cap-and-trade" permit trading mechanisms for climate change mitigation have been based on first-best scenarios without pre-existing distortions or regulations. The reason is obvious: interactions between permit trading and other regulations will be...
Persistent link: https://www.econbiz.de/10012462547
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How Large are the Impacts of Carbon Motivated Border Tax Adjustments
Dong, Yan - 2009
increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical …
Persistent link: https://www.econbiz.de/10012463037
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Global Climate Policy Architecture and Political Feasibility : Specific Formulas and Emission Targets to Attain 460 ppm CO2 Concentrations
Bosetti, Valentina - 2009
In pursuit of more aggressive environmental goals, we now advance the dates at which some countries are asked to begin cutting below BAU, within our framework. We also tinker with the values for the parameters in the formulas. The resulting target paths for emissions are run through the WITCH...
Persistent link: https://www.econbiz.de/10012463133
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Unilateral Measures and Emissions Mitigation
Chatterji, Shurojit - 2009
We discuss global climate mitigation that builds on existing unilateral measures to cut emissions. We document and discuss the rationale for such unilateral measures argue that such measures have the potential to generate positive spillover effects both within and across countries. In a simple...
Persistent link: https://www.econbiz.de/10012463208
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Explaining the Price of Voluntary Carbon Offsets
Conte, Marc N. - 2009
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/10012463356
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Co-optimization of Enhanced Oil Recovery and Carbon Sequestration
Leach, Andrew - 2009
In this paper, we present what is to our knowledge the first theoretical economic analysis of CO2- enhanced oil recovery (EOR). This technique, which has been used successfully in a number of oil plays (notably in West Texas, Wyoming, and Saskatchewan), entails injection of CO2 into mature oil...
Persistent link: https://www.econbiz.de/10012463614