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This paper investigates the economic implications of a comprehensive approach to sustainable greenhouse policies that strives to stabilise the atmospheric concentration of the five major greenhouse gases at an ecologically determined threshold level. In a theoretical optimisation model...
Persistent link: https://www.econbiz.de/10011608327
The Communication on Environmental Indicators and Green National Accounting (Com (94) 670 final, 21.12.94) laid the basis for indicator and accounting projects aimed to give comprehensive support to environmental policy, like GARP and GreenStamp. The article is intended to demonstrate: that...
Persistent link: https://www.econbiz.de/10011608654
In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme advocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full co-operation in a voluntary international environmental agreement by making all...
Persistent link: https://www.econbiz.de/10011608534
In this paper we introduce the CLIMNEG World Simulation (CWS) model for simulating cooperative game theoretic aspects of global climate negotiations. The model is derived from the seminal RICE model by Nordhaus and Yang (1996). We first state the necessary conditions that determine optimal...
Persistent link: https://www.econbiz.de/10011608837
This paper explores the trade-off between economic growth and environmental quality along two paradigms of endogenous growth theory: variety expansion (HIP) and quality improvements (VIP). We compare the policies that match the decentralised economies' paths with the optimal "strong sustainable"...
Persistent link: https://www.econbiz.de/10011608498
This paper proposes a new tool to assess sustainability and make the concept of sustainable development operational. It considers its multi-dimensional structure combining the information deriving from a selection of relevant sustainability indicators belonging to economic, social and...
Persistent link: https://www.econbiz.de/10010294272
In this paper we investigate the relationship between inequality and the environment in a growing economy from a … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over … and show that inequality is harmful for the environment: the poorer the median voter relative to the average individual …
Persistent link: https://www.econbiz.de/10010312338
This paper critically assesses the literature on the relationship between economic integration and the environment. In …
Persistent link: https://www.econbiz.de/10011608396
This paper shows in an empirical context that substantial cost reductions can be achieved in the implementation of Dutch national climate policy by (i) targeting the policy at the stock of greenhouse gases, thus allowing polluters flexibility in their timing of emission reductions; and (ii)...
Persistent link: https://www.econbiz.de/10010312375
This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European Trading System of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the...
Persistent link: https://www.econbiz.de/10010272416