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Uncertain R&D, Backstop Technology and GHGs Stabilization

Bosetti, Valentina; Tavoni, Massimo - 2007

This paper analyses optimal investments in innovation when dealing with a stringent climate target and with the uncertain effectiveness of R&D. The innovation needed to achieve the deep cut in emissions is modelled by a backstop carbon-free technology whose cost depends on R&D investments. To...

Persistent link: https://www.econbiz.de/10010312294

Marginal abatement cost curves in general equilibrium: The influence of world energy prices

Klepper, Gernot; Peterson, Sonja - 2004

Marginal abatement cost curves (MACCs) are one of the favorite instruments to analyze the impacts of the implementation of the Kyoto Protocol and emissions trading. As shown in this paper one important factor that influences MACCs are energy prices. This leads to the question of how to define...

Persistent link: https://www.econbiz.de/10010312661

Modeling linkages between climate policy and land use: an overview

van der Werf, Edwin; Peterson, Sonja - 2007

Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate policy it is therefore important to explicitly include land use, land use change, and forestry (LULUCF) in economyclimate models. This paper gives an overview and...

Persistent link: https://www.econbiz.de/10010294951

Abatement cost uncertainty and policy instrument selection under a stringent climate policy: A dynamic analysis

Bosetti, Valentina; Golub, Alexander; Markandya, Anil; … - 2008

This paper investigates the relative economic and environmental outcomes of price versus quantity mechanisms to control GHG emissions when abatement costs are uncertain. In particular, we evaluate the impacts on policy costs, CO2 emissions and energy R&D for a stringent mitigation target of 550...

Persistent link: https://www.econbiz.de/10010270932

Incentives and stability of international climate coalitions: An integrated assessment

Bosetti, Valentina; Carraro, Carlo; De Cian, Enrica; … - 2011

This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the integrated assessment model WITCH, the analysis of coalitions' profitability and stability is performed under alternative assumptions concerning the pure rate of time preference,...

Persistent link: https://www.econbiz.de/10010282963

The Kyoto Protocol and the Effect of Existing and Planned Measures in the Agricultural and Forestry Sector in the EU25

Giupponi, Carlo; Bosello, Francesco; Buchner, Barbara; … - 2007

Agricultural and forestry activities cover the majority of the EU territory: in particular agriculture is the main lad … use type, accounting for more than 41% of the land use in the EU15, while in the new Member States this share ranges …

Persistent link: https://www.econbiz.de/10010312308

Over-Allocation or Abatement? A Preliminary Analysis of the Eu Ets Based on the 2005 Emissions Data

Buchner, Barbara; Ellerman, Denny - 2006

This paper provides an initial analysis of the EU ETS based on the installation-level data for verified emissions and …

Persistent link: https://www.econbiz.de/10010312471

Governance and Environmental Policy Integration in Europe: What Can We learn from the EU Emission Trading Scheme?

Catenacci, Michela; Buchner, Barbara; Sgobbi, Alessandra - 2007

The European Union Emission Trading System (EU ETS) is a landmark environmental policy, representing the world's first … participation and flexible abatement strategies make the EU ETS a powerful instrument of cross sectoral integration of environmental … governance. The EU ETS shows characteristics of the decision making processes and institutions engaged, the tools and instruments …

Persistent link: https://www.econbiz.de/10010312622

What should we expect from innovation? A model-based assessment of the environmental and mitigation cost implications of climate-related R&D

Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - 2010

This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...

Persistent link: https://www.econbiz.de/10010272516

Luring Others into Climate Action: Coalition Formation Games with Threshold and Spillover Effects

Bosetti, Valentina; Heugues, Melanie; Tavoni, Alessandro - 2015

We study the effect of leadership in an experimental threshold public 'bad' game, where we manipulate both the relative returns of two investments (the more productive of which causes a negative externality) and the extent to which the gains from leadership diffuse to the group. The game...

Persistent link: https://www.econbiz.de/10011307266