Showing 1 - 9 of 9
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
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
Climate Engineering, and in particular Solar Radiation Management (SRM) has become a widely discussed climate policy option to study in recent years. However, its potentially strategic nature and unforeseen side effects provide major policy and scientific challenges. We study the role of the SRM...
Persistent link: https://www.econbiz.de/10011586844
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10011586846
This paper describes the WITCH - World Induced Technical Change Hybrid - model in its structure, calibration, and the implementation of the SSP/RCP scenario implementation. The WITCH model is a regionally disaggregated hard-linked model based on a Ramsey type optimal growth model and a detailed...
Persistent link: https://www.econbiz.de/10011492410
Uncertainty is prevalent in the context of climate change impacts. Moreover, the distribution across the globe is not uniform. We analyze how climate risks could be reduced via an insurance scheme at the global scale across regions and quantify the potential welfare gains from such a scheme....
Persistent link: https://www.econbiz.de/10010491221
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
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
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