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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/10012455747
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On a World Climate Assembly and the Social Cost of Carbon
Weitzman, Martin - 2016
This paper postulates the conceptually useful allegory of a futuristic "World Climate Assembly" (WCA) that votes for a … emitter's single-peaked most-preferred world price of carbon emissions to the world "Social Cost of Carbon" (SCC). The second … and third propositions relate the WCA-voted world price of carbon to the world SCC. I argue that the WCA-voted price and …
Persistent link: https://www.econbiz.de/10012455867
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Will the Paris Accord Accelerate Climate Change?
Kotlikoff, Laurence J. - 2016
Finally we question the standard use of infinitely-lived, single-agent models, which assume, unrealistically, intergenerational altruism in determining optimal abatement policy. Their prescriptions can differ, potentially dramatically, from those needed to correct the negative climate...
Persistent link: https://www.econbiz.de/10012455949
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International Climate Agreements and the Scream of Greta
Maggi, Giovanni; Staiger, Robert W. - National Bureau of Economic Research - 2022
Current policies directed at mitigating global warming appear unlikely to prevent temperatures from rising to levels that would trigger a precipitous increase in the costs of climate change. Various attempts at international cooperation to avoid this outcome have failed. Why is this problem so...
Persistent link: https://www.econbiz.de/10013462728
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Quantifying Climate Change Loss and Damage Consistent with a Social Cost of Greenhouse Gases
Burke, Marshall; Zahid, Mustafa; Diffenbaugh, Noah; … - National Bureau of Economic Research - 2023
Climate change is generating demonstrable harm around the world. Political and legal efforts have sought to associate …
Persistent link: https://www.econbiz.de/10014372415
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An Elaborated Global Climate Policy Architecture : Specific Formulas and Emission Targets for All Countries in All Decades
Frankel, Jeffrey A. - 2009
This paper analyzes a detailed plan to set quantitative national limits on emissions of greenhouse gases, following along the lines of the Kyoto Protocol. It is designed to fill in the most serious gaps: the absence of targets extending as far as 2100, the absence of participation by the United...
Persistent link: https://www.econbiz.de/10012463771
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Free Trade and Global Warming : A Trade Theory View of the Kyoto Protocol
Copeland, Brian R. - 2000
economies, are false or need serious amendment in a world with international trade in goods. Since the three results we … 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/10012471110
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Who Should Abate Carbon Emissions? An International Viewpoint
Chichilnisky, Graciela - 1993
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/10012474525
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Can Negotiating a Uniform Carbon Price Help to Internalize the Global Warming Externality?
Weitzman, Martin - 2013
Thus far, most approaches to resolving the global warming externality have been quantity based. With n different national entities, a meaningful comprehensive treaty involves negotiating n different binding emissions quotas (whether tradeable or not). In post-Kyoto practice this n-dimensional...
Persistent link: https://www.econbiz.de/10012459018
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The Promise and Problems of Pricing Carbon : Theory and Experience
Aldy, Joseph E. - 2011
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level. At the same time, it will inevitably be up to the actions of sovereign nations to put in place policies that bring about meaningful...
Persistent link: https://www.econbiz.de/10012461089